A Comment About

Should We Really Cap Executive Salaries at Bailed-Out Companies?

February 5, 2009 - 12:44 am - by Laura Goldman
Mongoose
2009-02-06 12:22:17

HonestJon:

I appreciate your response, Mongoose. For your information, I went to college and got a degree in Biology with a minor in chemistry-not an easy thing to do I assure you. I’ve worked pretty dang hard all my life and still have little to show for it. So I reject your flawed analysis of me that I’m “lazy and mediocre.”

Are you sure of that. I know lots of people in those fields that have good jobs. lots more that started their own firms and are doing well. I do not buy that. I think that you are not trying hard enough.

Maybe you are lazy. Too lazy to take it upon yourself to do something about your financial situation. Getting a degree is the easy part. You are not guaranteed a job just because you have a degree, or a particular standard of living.

Maybe you have degree that does not mean anything in your profession. Maybe you are mediocre. Maybe you are in the wrong field and need to retrain. I do not buy it. I think that you are in denial.

Looks to me like the job market agrees with me.

I do not buy you argument that you are not “lazy or mediocre”, I think that you are not being honest with yourself. If you were otherwise you would do something about it. You are obviously young enough to still do something about it. do it. My analysis, rather than flawed, was all to keen for your comfort, it would seem.

Sure, You can only be asked if you happen to have any Grey Poupon a few times by some jackwad in a limo while you’re worried about the price of milk before it begins to crap in your craw.

But you were just saying that people’s pay should be limited. This makes no sense at all.
(BTW, Wall Street pays small salaries and huge bonuses. The bonuses can be 3 or four times the size of a salary at the staff level.)

You do not seem to understand how the world works. Successful companies do not “give them jobs that pay just enough to keep them there-never enough to really get ahead and move up.” They compensate as well as they can, along the lines of what the market will bear and their profits allow, or their good employees would leave for another firm that does pay more. Again, You are projecting your own situation on this. It is nonsense. That is not how compensation works in the real world at all. You must not be deemed worthy of this by your firm. But if you do think that you are not being rewarded to your level of contribution, go look for another job or start your own business. You are just wallowing in bitterness. Take responsibility for your own circumstances and stop trying to limit other people lives and goals because you are unhappy with yours. Take an honest assessment at what value you truly add. No one is obliged to pay you more than what you are worth. I assure that if you make yourself worth more, you will be paid more.

The irony here is that if we adopted the Democrat scheme of setting a “maximum wage”, we would be in a world where there is not competition in compensation. it would be a case of.

“they give them jobs that pay just enough to keep them there-never enough to really get ahead and move up.”

You should listen to what you are proposing sometime, it is completely irrational.

Also, I do not believe that you are a “staunch conservative”. All of your posta clearly articulate either a Left of center or a Marxist viewpoint. You may think that you are a conservative but you do not at all sound like one. It you really think that you are one perhaps you should review just what conservatism means.