Elizabeth Warren unveils bold new plan to reshape America's richest companies

[Gus Money]

Are coli brehs not for this?

The usual suspects ran in here ready to cape for big business like always. They posted nothing of substance of course.

Elizabeth Warren unveils bold new plan to ruin America's economy

Yeah because it’s working so well for us now:
https://splinternews.com/you-are-getting-robbed-1828385904

A report by the left-leaning Economic Policy Institute released on Thursday showed that, by one measure—which “includes stock options realized (in addition to salary, bonuses, restricted stock grants, and long-term incentive payouts)”—CEO compensation in 2017 climbed 17.9 percent over 2016, and that the average CEO of the 350 largest companies in the United States made $18.9 million.

By another measure the EPI looked at, which “tracks the value of stock options at the time they are granted,” the average CEO compensation rose to a paltry $13.3 million, up from $13 million in 2016. And in May, the AP—using different methodology—found that the median compensation of 339 executives was $11.7 million.

No matter how you look at it, CEOs are making a metric fukkton of money. Workers? Not so much.

Worker compensation grew just 0.3 percent in 2017, according to the EPI. The Bureau of Labor Statistics said on Wednesday that real average hourly earnings for all employees actually decreased slightly from July 2017 to July 2018. There was a 0.1 percent increase in real average weeklyearnings in the same period, but the BLS said that this is only because employees worked 0.3 percent more hours a week. (Putting 0.3 percent more hours in but only getting 0.1 percent more money for it is a pretty good summation of the American economy right now.)

 

[AnonymityX1000]

It's a great idea. The model of shared wealth/sacrifice worked well during the Country's largest wealth expansion. Post WW2 - 1980s.

Unless you are a wealthy person like @DEAD7 and @Slystallion who are so wealthy that they live off capital investments, this is a great idea for those of us who live off wages.

Instead of siphoning as much as possible to send to shareholders, companies will be forced to spend money taking care of workers. It's also good for businesses, as more earnings will go to making capital investments in the business.

I also think it will be good for managers as they can plan for the long term without having to suck Wall St dikk every quarter.

This model worked great during the largest shared expansion in wealth in the country's history. Post WW2 - 1980.

I love that it attacks the corporate mantra, "Increase shareholder value" which is a big problem in the world. And this is original, she can hang her hat on this politically and it's all hers.
What I don't like about it be is it is a bit complicated making it harder to sell to the public. And it is once removed from enforcement. Like it's a government entity keeping tabs on a corporation. That makes enforcement more difficult.

• Medicare for all
• Living wage
• Free college
• Break up the big banks

All of these are more simplistic and easier to campaign on. And also under direct control of government.

 

[Atlrocafella]

fukk Elizabeth.

 

[AnonymityX1000]

fukk Elizabeth.

What why?

 

[Atlrocafella]

What why?

She keeps attacking my industry and trying to shut us down and break us up

 

[StatUS]

Bernie might have to move aside

 

[AnonymityX1000]

She keeps attacking my industry and trying to shut us down and break us up

Why is your industry above being attacked?
I don't think she has ever advocated for shutting down any industry. And breaking large banks down would give you more opportunities if you are in the finance industry.

 

[Cynic]

Employees electing 40% of the board?

 

[Atlrocafella]

Why is your industry above being attacked?
I don't think she has ever advocated for shutting down any industry. And breaking large banks down would give you more opportunities if you are in the finance industry.

There’s no guarantee that breaking up large banks would provide more opportunity, one could argue that certain business under the parent bank need their resources to survive, other wise they would fail as a stand-alone entity.

She is too hostile towards our industry, and She falls in line with the Bernie Bros who feels like she should be able to tell companies how much money they can make, and what salary should be enough for an indivdiual. I don’t want anyone capping my potential salary in the future.

 

[Cynic]

Being a european, your proclivities naturally are pro authority and heirachy.


You also like being a serf.

There is a reason why European dictatorships last so long and are normally bloodless in rule compared,to everyone else.

You guys love being ruled

you act as if america wasn't a british colony

 

[ExodusNirvana]

Trump would bodyslam her

Nap is right about y'all sometimes...ya'll want the piece of shyt gone but you keep playing a totally different game and that's why we're in this situation right now.

 

[AnonymityX1000]

Trump would bodyslam her

Nap is right about y'all sometimes...ya'll want the piece of shyt gone but you keep playing a totally different game and that's why we're in this situation right now.

What? Hillary did not run on anything like this. She ran GOP light and ignored the Midwest that's why we are in the situation we're in now.

 

[AnonymityX1000]

There’s no guarantee that breaking up large banks would provide more opportunity, one could argue that certain business under the parent bank need their resources to survive, other wise they would fail as a stand-alone entity.

She is too hostile towards our industry, and She falls in line with the Bernie Bros who feels like she should be able to tell companies how much money they can make, and what salary should be enough for an indivdiual. I don’t want anyone capping my potential salary in the future.

Didn't they fail already and need a government bailout? After that sorry you need to be broken up. Big banks operate irresponsibly.
Government oversight is also part of business. She is just changing the rules of that oversight.

 

[☑︎#VoteDemocrat]

>>

There’s no guarantee that breaking up large banks would provide more opportunity, one could argue that certain business under the parent bank need their resources to survive, other wise they would fail as a stand-alone entity.

She is too hostile towards our industry, and She falls in line with the Bernie Bros who feels like she should be able to tell companies how much money they can make, and what salary should be enough for an indivdiual. I don’t want anyone capping my potential salary in the future.

Bingo.

I'm a pro-business democrat.

And i'm not so sure this would help. At least Hillary would change reporting guidelines and long term asset holding incentives...pushing for German reforms...is...itself, shortsighted

 

[ExodusNirvana]

What? Hillary did not run on anything like this. She ran GOP light and ignored the Midwest that's why we are in the situation we're in now.

I fully believe that the electorate that chose to elect a multiple divorcee, draft dodging, multiple bankruptcy con man to the WH will interpret this as communism.

I'm sorry breh...I do not have that much faith in the American people

They fully believe any attempts towards economic equality is some commie ruse in order to stifle their chances of becoming billionaires.