Tumbléo - Latest Comments in tumbléo

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midnightgolfer — Fri, 13 Feb 2009 12:35:50 -0000

One word; Awesome!
Great incentive to keep trying to make it to the top.

To bad the executive branch hasn't kept itself from over-reaching its powers in the same way that its salary has been kept in check.

I wonder how movie stars' wages compare? Price of movie tickets?
It seems like so many of them want to be asked their political opinions on anything, but at least I can choose not to participate in their salaries. If I attempt not to pay an actual politician's salary, I get put in jail for tax evasion.

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Dan — Fri, 13 Feb 2009 04:14:45 -0000

god I hope that statistic is wrong...

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mjmoreland — Wed, 11 Feb 2009 02:06:49 -0000

In 1960 the average baseball player was making $17,934 per year
in 2008 the average was up to $3,150,000

In 1960 the average ceo for a major corp was making $190,000 a year. Using the same increase the average ceo would be making about $33,500,000 a year.

One is running a large corporation employing 1,000's of people and the other is playing a game!

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mjmoreland — Wed, 11 Feb 2009 01:50:11 -0000

Why do we complain about CEO's making that kind of money when utility baseball players are making that same kind of money? I don't here anybody calling for a boycot on sports.

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Pukee — Tue, 10 Feb 2009 22:48:36 -0000

One word. GOP

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flarkcon — Tue, 10 Feb 2009 21:34:49 -0000

Yeah, you're right. I should have thought before I posted. Thanks for the correction.

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Ivanco — Tue, 10 Feb 2009 17:07:23 -0000

The free market should rule CEO pay not the government!

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Ivan — Tue, 10 Feb 2009 16:42:04 -0000

Hmmph I guess comments are edited

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Florida — Tue, 10 Feb 2009 10:13:37 -0000

So what? I can't see how this matters to me. This makes me want to try harder to become a CEO, and failing that make as much money as I can otherwise.

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Momo — Tue, 10 Feb 2009 06:57:04 -0000

Sono tutti un gruppo di avidi bastardi!
Andare a trovare i ricchi!

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David Moore — Tue, 10 Feb 2009 01:45:33 -0000

I wonder if there is a positive correlation between inflated pay and corporate performance. I'm inclined to say, unlikely.

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KJ — Tue, 10 Feb 2009 00:45:44 -0000

We do still live in a CAPATILST COUNTRY and It's a GOOD thing...... I agree if they take this bogus SPENDING bill that is our money then there should be accountability....but how about some accountability from our GOVERNMENT. I work inside the Beltway I know how much waste goes on...with NO ACCOUNTABILITY.....

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Ivanco — Mon, 09 Feb 2009 20:35:49 -0000

LET THE FREE MARKET RULE!!

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benad — Mon, 09 Feb 2009 18:48:13 -0000

The large shareholders are responsible for this. And by that I mean the funds and investment groups. And by that I mean the bankers that have too much cash from those risky loans.

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benad — Mon, 09 Feb 2009 18:44:16 -0000

The large shareholders are responsible for this. And by that I mean the funds and investment groups. And by that I mean the bankers that have too much cash from those risky loans.

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Robert B — Mon, 09 Feb 2009 17:23:57 -0000

It's just as greedy to obsess over what CEO's as it is for CEO's to go to work and make it. Their BOD's agree to their compensation and performance targets. If they price themselves out of the market, nobody has to pay it. If we're going to cap CEO's pay, let's also cap the pay of actors, athletes, ex-pols (e.g. bill clinton, Algore), Oprah, inventors (e.g. google goons), VC's, musicians, and anyone else who makes more than the average lefty brown shirt. This issue isn't how much they make, it's what they do to make it. Is there any question that Steve Jobs is worth at least 360x some guy running a register at the Apple store?

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Tom MacDonald — Mon, 09 Feb 2009 16:39:28 -0000

I recall a similar study of star baseball players where for about 50 years they earned something like 14 to 1 of average worker, now it is 200x or more.

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FreddyC — Mon, 09 Feb 2009 12:21:03 -0000

and they deserve it! they all work so hard designing things and selling and ....

Oh wait, that's what all the employees do. Well someone has to have the $80,000US desk and go golfing all the time. The company would crumble if they did not!

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Tony — Mon, 09 Feb 2009 10:46:58 -0000

Darn, makes me wanna be the CEO and not just he line worker.

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BC — Mon, 09 Feb 2009 10:14:46 -0000

This either means CEO pay went excessively high OR the president's pay didn't go up by enough. I would argue for the latter.

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Brian — Mon, 09 Feb 2009 10:11:28 -0000

Let's not be so worried about private company's CEO, let only worry about government funded agencies. The company's that take money from the govenment, should be under those guidelines until the money is payed back.

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George — Mon, 09 Feb 2009 07:58:26 -0000

I think you guys are missing an important part of this statistic. If, as I think is the case, the President's salary hasn't changed in many many years ($400,000/yr I believe), then this statistic is very flawed. CEO salaries are market driven. I'm not saying that some CEOs don't get exorbitant salaries, because some certainly do. However, in 1960, I believe that the President made $250,000, and a $250,000 salary in 1960 would equate to $1.732 million in 2007. Recalculate this statistic using $1.732 million for the President and see what the ratio is. That would be a fair comparison.

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Joe Knapp — Mon, 09 Feb 2009 07:55:20 -0000

I recall that when Red Sox slugger Carl Yastrzemski signed a three-year $500,000 contract in 1968, it was a little scandalous that a baseball player was making more ($167K) than the president, then $100K. So the president's salary was immediately increased to $200,000. They kind of gave up after that.

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Ihorro — Mon, 09 Feb 2009 07:20:00 -0000

They deserve the presumption of scoundrelness.

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Alex — Mon, 09 Feb 2009 04:40:56 -0000

No, inflation does not have anything to do with that: If I earn $1 and you earn $2 today and wages grow by 30% a year, I will earn $1.30 next year while you will earn $2.60 - so you will still end up earning exactly twices as much as I do. And this is what "inflation" does: It pushes up prices and wages by a similar percentage across the economy. It does not increase the spread between rich and poor. The forces for that are of a very different kind.