tag:blogger.com,1999:blog-21976234.post5802650889552730824..comments2023-09-16T04:45:50.404-05:00Comments on Sleeping with The Devil: Severe Moderate Delusions: Miscellaneous 1Dervish Sandershttp://www.blogger.com/profile/13671865801885224353noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-21976234.post-85211947709653014282013-05-10T20:13:37.555-05:002013-05-10T20:13:37.555-05:00Yes, CEO pay is insignificant in the grand scheme ...Yes, CEO pay is insignificant in the grand scheme of things, but apply the same amount of money to workers' pay and the whole economic system will fail. I don't understand republican logic, and that, republican logic, is what Will is applying.Jerry Critterhttps://www.blogger.com/profile/01870618647449723147noreply@blogger.comtag:blogger.com,1999:blog-21976234.post-70877576845015911282013-05-10T19:43:24.529-05:002013-05-10T19:43:24.529-05:00Thanks for sharing Jerry. I did not see that. You ...Thanks for sharing Jerry. I did not see that. You are completely right, of course. Will eagerly defends high CEO pay, but raises for workers is an outrage.Dervish Sandershttps://www.blogger.com/profile/13671865801885224353noreply@blogger.comtag:blogger.com,1999:blog-21976234.post-44747101209164743702013-05-10T19:06:54.366-05:002013-05-10T19:06:54.366-05:00I find it amusing that Will's justification fo...I find it amusing that Will's justification for excessive CEO salaries (a small fraction of GDP) stems from my repudiation of his comment:<br /><br />" The S&P CEOs make an an average of $10 million a year. In the larger scope of this that is a drop in the bucket." (5/5/13 10:17am comment made to his post titled Frederick Bastiat on Government Creating Jobs/Growth posted on 4/30)<br /><br />I took exception to his comment that their salaries are a drop in the bucket by pointing out that since it is such a small drop in the bucket, the 500 S&P companies could easily find twice that amount of money ($10 billion), since it is only two drops in the bucket, and apply it to workers salaries.<br /><br />I suggested that if the lowest paid workers were given a $10/hr raise, that would increase their salaries by $20,000. If they were below the poverty line before this raise, most likely they would not be after this raise.<br /><br />Such a program would affect 500,000 people. <br /><br />Only the cruelest and most insensitive person would call raising 500,000 people out of poverty as a "negligible effect". <br /><br /> Jerry Critterhttps://www.blogger.com/profile/01870618647449723147noreply@blogger.comtag:blogger.com,1999:blog-21976234.post-6130497468513395552013-05-10T12:41:56.137-05:002013-05-10T12:41:56.137-05:00An insane dmarks comment to the last post by Will ...An insane dmarks comment to the last post by Will Hart in which he conflates fascism and socialism (the post were Will Hart says CEOs being overpaid is cool)...<br /><br />dmarks: ...it is called fascism. The ruling elites, arrogant with power, think it is OK to rob people just because they can. They look at people who work hard and earn what they do, and instead of congratulating them, these little Pol Pots think of how they can cut these people down and then steal from them for their own personal benefit (<a href="http://paranoiacstoogetalk.blogspot.com/2013/05/a-huge-but-actually-quite-miniscule.html" rel="nofollow">5/8/2013</a>).<br /><br />No, progressive taxation to fund programs which help the needy and benefit society fall under the rubric of SOCIALISM. But dmarks likes to conflate fascism and socialism. Why? Because it's right-wingers like dmarks who believe in fascism (the wealthy should rule). They pretend these two words (which refer to ideologies on OPPOSITE ends of the political spectrum) mean the same thing so they can blame Liberals for all the bad "isms".<br /><br />Also, dmarks AGAIN links socialism and mass murder (with the "little Pol Pots" slur). Socialism involves HELPING people, and NOT murdering them (as I pointed out in a <a href="http://www.w-dervish.blogspot.com/2013/05/severe-conservative-delusions-van-jones.html" rel="nofollow">previous</a> commentary).Dervish Sandershttps://www.blogger.com/profile/13671865801885224353noreply@blogger.com