Wichita, I withdraw my comments, apologise for the acerbic putdown, and stand corrected. Todd also took a great deal of trouble to inform me by PM how things are, over there. My eyebrows will probably remain supporting my fringe for quite some time Sorry. Nick Edit to add: the amounts you have quoted as being their salaries do pale somewhat against MOST CEO's remuneration though
Alan Eisenberg Executive Director Actors and Artists, AFL- CIO Branch Salary: $720,743
Jay Roth National Executive Director Directors Guild of America Salary: $686,673
Don Hunsucker President and CEO United Food and Commercial Workers Union Local 1288 Salary: $679,949
John McLean Executive Director Writers Guild, West Headquarters Salary: $650,402
Gerald McEntee President State, County & Municipal Workers Salary: $629,291
http://en.wikipedia.org/wik...in_the_United_States <----- Here they have a lot of crediable links to sources of information to the known fact of massive union membership decline. Although you may not accept it.
Anything else I can provide for you my expat friend? The links above will show you the facts on what you requested, from Union bosses lavish executive jet flying lifestyle to unions owning gold-plated country club golf courses for the only pleasure of union bosses.
[This message has been edited by fierofetish (edited 12-30-2009).]
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03:39 PM
2.5 Member
Posts: 43235 From: Southern MN Registered: May 2007
It's not obscene. If the coach is making 2 million a year, it's because someone decided to pay him that much.
Supply and demand.
That's his market value.
Yep capitalism, it actually works, peolpe didn't want to pay him that much the money wouldn't be there to pay. **The scary part is when the government starts using mandatory tax oney to distrubute wealth to whom THEY want to.****
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04:01 PM
aceman Member
Posts: 4899 From: Brooklyn Center, MN Registered: Feb 2003
Edit to add: the amounts you have quoted as being their salaries do pale somewhat against MOST CEO's remuneration though
Right you are! Those Union bosses should be making more. One needs to be a lot smarter than a typical CEO as the job entails money laundering and all sorts of know how on how to not get caught in a corruption scheme.
Oh MARK!!! The cap fits both teams, more often than not A VERY happy and prosperous New Year to you, my friend Glad you celebrated Christmas with the Family Nick
[This message has been edited by fierofetish (edited 12-30-2009).]
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04:10 PM
avengador1 Member
Posts: 35468 From: Orlando, Florida Registered: Oct 2001
Actually, I can think of several unions were their members are way underpaid for what they do, so no one can say that all union members are overpaid. The police union comes to mind, right off the top of my head. They risk their lives for ours every day and most do it for a very low starting pay.
Wow didnt know aapl paid dividends way back then. Too bad you still dont have those shares eh?
"The last time Apple paid dividends was in month December of 1995. Apple has been paying dividends to its shareholders every quarter after 7 years it became a public company. Apple began paying dividends from June 15th of 1987 to its last dividend in 1995. Some investors usually like dividends because they would use to those dividends to buy more stock instead of cashing it out. For those investors, Apple dividend policy is surely a bad news; Dividend Reinvestment Plan (DRP) is also not available to investors, when dividends are not paid out. Dividend Reinvestment Plan helps shareholders to convert their dividend earnings into stocks. There are numerous advantages of DRP, as there are fees attached to buying stock through the program, and shareholders also get stocks at significant discounts."
Nah--I did ok with the proceeds. When the tech bust came, I had already switched to an all energy portfolio.
A lot of people use DRP, and I have myself for energy stocks, but most people are under the mistaken impression, that because they never 'see' the dividend used in DRPs, that it is not taxable. All common stock dividends are taxable whether you recieve it in check or if you "drip" it. The IRS is funny that way.
The rules are different of course, if the stock and resulting dividend is part of a tax deferred retirement acct, and in a few other instances.
[This message has been edited by maryjane (edited 12-30-2009).]
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07:38 PM
Wichita Member
Posts: 20708 From: Wichita, Kansas Registered: Jun 2002
Wichita, I withdraw my comments, apologise for the acerbic putdown, and stand corrected. Todd also took a great deal of trouble to inform me by PM how things are, over there. My eyebrows will probably remain supporting my fringe for quite some time Sorry. Nick Edit to add: the amounts you have quoted as being their salaries do pale somewhat against MOST CEO's remuneration though
It's all good brotha. Nothing like a spirited debate. Do I support a reason for a union? I can think of probably in only rare circumstances, such as professions who's job skills require many years to aquire and those job skills are not transferable anywhere else. An example would be aircraft pilots. But for your common laborer, teachers or even government employees? No! I'm sorry. The unions in that instances are worthless, exploitative and no longer needed.
Unions were once formed to oppose capitalist business owners and middle class folks. Now that most everybody is middle class and the largest unions are government employee unions (there is no capitalists or evil greedy rich CEOs in government) why then should an employee be forced to pay dues to a union as a condition of employment? How unamerican is that? Why do government workers need unions?
[This message has been edited by Wichita (edited 12-30-2009).]
There are good corporate/union partnerships still out there. Exxon Mobil has been union even before they went by the Exxon name (Humble Oil was their name here in Texas up until the late 60s) They've been very profitable, pay their ceo well, never been struck by their union afaik, and they pay their unionized emloyees very very well.
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08:17 PM
Formula88 Member
Posts: 53788 From: Raleigh NC Registered: Jan 2001
There are good corporate/union partnerships still out there. Exxon Mobil has been union even before they went by the Exxon name (Humble Oil was their name here in Texas up until the late 60s) They've been very profitable, pay their ceo well, never been struck by their union afaik, and they pay their unionized emloyees very very well.
Yeah, but that's an "OIL" company, so everything they do is automatically evil these days.
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08:27 PM
82-T/A [At Work] Member
Posts: 25530 From: Florida USA Registered: Aug 2002
It's all good brotha. Nothing like a spirited debate. Do I support a reason for a union? I can think of probably in only rare circumstances, such as professions who's job skills require many years to aquire and those job skills are not transferable anywhere else. An example would be aircraft pilots. But for your common laborer, teachers or even government employees? No! I'm sorry. The unions in that instances are worthless, exploitative and no longer needed.
Unions were once formed to oppose capitalist business owners and middle class folks. Now that most everybody is middle class and the largest unions are government employee unions (there is no capitalists or evil greedy rich CEOs in government) why then should an employee be forced to pay dues to a union as a condition of employment? How unamerican is that? Why do government workers need unions?
Teacher's unions to me seem to be the most important. That's because any student... ANY student... can claim that he / she was sexually abused by a teacher, and the immediate action is "GUILTY" until proven innocent. Unfortunately for a teacher, there's not much they can do. So... with teacher union representation, the teacher immediately gets proper representation (lawyer), and in many cases gets to maintain their job until something is proven or until an investigation is concluded.
The only problem with teacher's unions is that by the nature of what they are, they are almost always funded by organizations which are taxpayer funded. So, while the union is funded by the teacher's dues... the teacher's salary (and the fiscal budget) is paid for by the taxpayer. Sometimes when politicians get in a tight jam, and the unions fight them, it's much easier to just agree to it knowing that the money comes from the taxpayer.
It's also been my experience that unions which are funded by tax-payer sources tend to be the most corrupt... but... a teacher's union certanly is necessary.
(yes--that's my new house--and yes D&J is Don & Jane's farm) paid for in full with 30 yrs of Exxon dividends.
And some Alaskan's would say paid for in part by the ruination of the Alaskan fishing industry for the last 20 years.
On March 24, 1989, the Exxon Valdez, captained by Joseph Hazelwood and bound for Long Beach, California, hit Prince William Sound's Bligh Reef and spilled an estimated minimum 10.8 million US gallons (40.9 million litres) of crude oil. This has been recorded as one of the largest spills in United States history and one of the largest ecological disasters.
Litigation was filed on behalf of 38,000 litigants, 32,000 of whom are alive today. In 1994, a jury awarded plaintiffs $287 million in compensatory damages and $5 billion in punitive damages. Exxon appealed and the Ninth Circuit court reduced the punitive damages to $2.5 billion. Exxon then appealed the punitive damages to the Supreme Court which capped the damages to $507.5 million in June, 2008. On August 27, 2008, Exxon Mobil agreed to pay 75% of the $507.5 million damages ruling to settle the 1989 Exxon Valdez oil spill off Alaska. In June 2009, a federal ruling ordered Exxon to pay an additional $480 million in interest on their delayed punitive damage awards.
According to the National Oceanic and Atmospheric Administration, there are approximately 26,000 gallons of Valdez crude oil still in Alaska's sand and soil.
I wouldn't say that though. I get a $1,000 oil dividend every year. I know what side my bread is buttered on!
Well, there is the matter of those 26000 gals of crude ya owe Exxon for. That's about 620 bbls at $75/bbl=$46,429. We'll take a personal check.......
quote
According to the National Oceanic and Atmospheric Administration, there are approximately 26,000 gallons of Valdez crude oil still in Alaska's sand and soil
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11:31 PM
Formula88 Member
Posts: 53788 From: Raleigh NC Registered: Jan 2001
mmmmmmm not everything. (yes--that's my new house--and yes D&J is Don & Jane's farm) paid for in full with 30 yrs of Exxon dividends.
That rocks! Good for you.
What I don't get is people saying CEOs shouldn't be paid so much if the company isn't profitable, but they don't mention anything about paying them more if the company is successful.
[This message has been edited by Formula88 (edited 12-30-2009).]
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11:40 PM
Dec 31st, 2009
jstricker Member
Posts: 12956 From: Russell, KS USA Registered: Apr 2002
I sure wish I had two good hands to type with because I have a good example for you Marvin. Since you're not lazy you'll look it up but see how much income the KState football program brought in simply by hiring Bill Schneider.
In some cases it IS fiscally responsible but in others (read that Paul Prince again at KState) it's a black hole for money.
John Stricker
quote
Originally posted by Marvin McInnis:
While we're on the subject ... does anybody else think it's obscene for any university football or basketball coach to be making $2,000,000+ a year? At a state-supported school, no less? At many schools, the top coaches are paid far more than the president or chancellor.
Along the same lines, is any athlete, coach, entertainer, or other celebrity worth a $20,000,000+ a year salary? (For perspective, $20 million a year is about $9,600 per hour, or $2.67 per second, for a forty hour work week. Even if someone could work 24/7/365, that would still be about $0.63 per second.)
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09:05 AM
avengador1 Member
Posts: 35468 From: Orlando, Florida Registered: Oct 2001
LIFE'S HANDBOOK 2010 Health: 1. Drink plenty of water. 2. Eat breakfast like a king, lunch like a prince and dinner like a beggar. 3. Eat more foods that grow on trees and plants and eat less food that is manufactured in plants & has to be killed, bled, cured, aged, smoked, fried, or frozen 4. Live with the 3 E's -- Energy, Enthusiasm and Empathy. 5. Make time to pray. 6. Play more games. Feed the birds. Plant flowers or vegetables- even in a pot. 7. Read more books than you did in 2008. 8. Sit in silence for at least 10 minutes each day. 9. Sleep for 7 hours. 10. Take a 10-30 minutes walk daily. And while you walk, smile & notice your surroundings, changes in nature every day, & listen to the birds.
Personality: 11. Don't compare your life to others. You have no idea what their journey is all about. Each person has their place in the scheme of life. 12. Don't have negative thoughts of things you cannot control. Instead invest your energy in the positive present moment - do what you can to make the world around you better. 13. Don't over do. Keep your limits. Physically, spiritually, financially or emotionally. Be humble. 14. Don't take yourself too seriously. No one else does. 15. Don't waste your precious energy on gossip. 16. Dream more while you are awake. 17. Envy is a waste of time. You already have all you need. 18. Forget issues of the past. Don't remind your partner with his/her mistakes of the past. Don't blame your parents for every problem you have. That will ruin your present. We choose actions & reactions when we become adults.
Happiness.
19. Life is too short to waste time hating anyone. Don't hate others. It's easier to understand and move on. 20. Make peace with your past so it won't spoil the present. Yesterday is gone and you have a limited number of tomorrows. 21. No one is in charge of your happiness except you. It's your choice to feel happy or miserable, anger or joy, frustration or acceptance, jealousy or peace, shame or pride. 22. Realize that life is a school and you are here to learn. Problems are simply part of the curriculum that appear and fade away like algebra class but the lessons you learn will last a lifetime. 23. Smile and laugh more. 24. You don't have to win every argument. Agree to disagree.
Society: 25. Call your family often. 26. Each day give something good to others. 27. Forgive everyone for everything. 28. Spend time with people over the age of 70 and under the age of 6 29. Try to make at least three people smile each day. 30. What other people think of you is none of your business. 31. Your job won't take care of you when you are sick. Your friends will. Stay in touch.
Life: 32. Do the right thing! 33. Get rid of anything that isn't useful, beautiful or joyful. 34. God heals everything. 35. However good or bad a situation is, it will change. 36. No matter how you feel, get up, dress up and show up. 37. The best is yet to come. 38. When you awake alive in the morning, thank God for it. 39. Your inner most is always happy. So, be happy.
Last but not the least: 40. Please forward this to everyone you care about - even if they receive it many times, it will be a reminder on how to have a happy, healthy spiritual life, to enjoy each moment we are granted, and how to live free of conflict in harmony with others.
We only share this earth for a short time - why waste it on hateful thoughts and deeds when there is so much joy and happiness to discover.
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10:50 AM
82-T/A [At Work] Member
Posts: 25530 From: Florida USA Registered: Aug 2002
I sure wish I had two good hands to type with because I have a good example for you Marvin. Since you're not lazy you'll look it up but see how much income the KState football program brought in simply by hiring Bill Schneider.
In some cases it IS fiscally responsible but in others (read that Paul Prince again at KState) it's a black hole for money.