Money is a gateway drug.

[misshestermoffitt]

Think about it, it's habit forming and addictive. Those who have money are consumed with getting more money. If you put them in a cage, some people would choose money over food. Just like chimps in drug studies.

Money should be reclassified as a drug with no medicinal value.

 

[9inch bigbud]

Think about it, it's habit forming and addictive. Those who have money are consumed with getting more money. If you put them in a cage, some people would choose money over food. Just like chimps in drug studies.

Money should be reclassified as a drug with no medicinal value.

never heard so much rubbish!

your telling me that if you got locked up and was starving to death someone comes in and puts on a table steak and chips and $100 you will take $100 over the stake and chips?

 

[angelsbandit]

What are you talking about?

"Those who have money are consumed with getting more money"

I think those who have less are more concerned with getting what the other guy has.

Your comments sound like the Democrat mantra. Just because someone works harder, longer, and smarter than others and gets ahead does not make them greedy.
I think greed is when people believe they are owed something - and want what the other guy has, but without earning it.

 

[Don Gin and Ton]

he who has nothing truly appreciates everything.....

 

[9inch bigbud]

@ misshestermoffitt

I think you are confused by human greed and addiction?. i.e> someone is locked up in a room and every day they stay in that room some one will come along with food and $100 for every day they go with out food they get the $100 this is called greed its not addiction. once the person starts to feel hungry they will take the food over money. = none addictive

 

[smokinmayne]

im not greedy, but im in a paper chase

 

[misshestermoffitt]

So have we learned nothing from the bailouts? These people are getting death threats in the mail and are still trying to justify the raping of their companies and crying for their million dollar bonus'.


Greed is an addiction to MONEY.

I personally wouldn't choose money over food, but I bet there are plenty of them out there.

 

[angelsbandit]

I was and still am against these bailouts, but everyone involved is not equally culpable for what has happened.

Do you know the situation of everyone who recieved a bonus? Do you know for a fact that every one of them fucked up and should not be paid?

I don't think a lot of workers deserve what they are paid - so can I threaten the kid at the McDonalds drive up? Can I not pay the part of my bill that represents his salary?

Everything is not black and white - many who recieved bonuses as part of their compensation probably earned the pay - just like the rest of us.
Those who caused this mess should not benifit from it, but those who just did their job deserve to be paid for their work - same as you.

 

[misshestermoffitt]

If the companies can't pay their day to day bills, no bonus should be paid to anyone. It's as simple as that. If you don't have the money in the first place then you shouldn't be promising it out.

What could anyone do that deserves a million dollar bonus when the company paying said bonus is broke?

The excuse it, they're retention bonus'. Well TFB, if those people don't get their bonus, what are they going to do? Are they going to quit? Well let them, their are plenty of people who could step in for less money and possibly balance the books.

If you put someone like Bernie Madoff in a room and told him he would have a choice between cash and food, but if he chooses cash, he gets to keep the cash, do you think he'll choose food? Even after say a month? I bet food wouldn't be his only choice, he'd only choose food every third or fourth time.

I wonder if I could get a research grant to study this?

 

[angelsbandit]

Again - you know nothing about the individual employees who got a bonus.

If your boss goes broke does that mean he should not pay you or the other employees for the work you have done?
The company is broke - so you don't deserve to be paid right?

I think your jealousy of others shows greed on your part.

 

[misshestermoffitt]

It's not jealousy, it's a need to not have to pay extra taxes to support people who obviously can't manage money.

Why would someone need a million dollar bonus on top of their salary? This isn't Joe Blow in the mail room getting a bonus, it's only upper management. Upper management who have misappropriated funds and called it a bonus and bled their companies dry. If your salary is in the millions per year, do you really need a bonus on top of that?


Business Dictionary: Bonus Top
Home > Library > Business & Finance > Business Dictionary

1. Compensation paid to an employee or employees for achieving a particular sales goal or organizational objective. This is above and beyond either a Commission or a Salary. A corporation achieving a 10% increase in profits may distribute part of the earnings as a bonus to its employees.
2. An unexpected benefit occurring as the result of making a particular action.


A bonus is a reward for a job well done, if the company is in the toilet, how is that a well done job.

Tell you what Angelsbandit, I'll keep my tax dollar and you can pay my share since you feel these bonus checks are so well deserved that the citizens of America need to pay them out. Your kids can pay the share my kids will be expected to pay, and your grand kids can pay the share my grand kids are expected to pay and your greatgrand kids can pay the share that my great grand kids are expected to pay. Deal?

 

[CrackerJax]

never heard so much rubbish!

your telling me that if you got locked up and was starving to death someone comes in and puts on a table steak and chips and $100 you will take $100 over the stake and chips?

I'm pretty sure I'd take the 100 bucks, flip the guard a 20 and run down to Ruth's Chris steak house and double down.


out.

 

[misshestermoffitt]

OK, your nixed from being a candidate for the study.

I'm pretty sure I'd take the 100 bucks, flip the guard a 20 and run down to Ruth's Chris steak house and double down.


out.

 

[angelsbandit]

You have not answered my question: Do you know for a fact that all of those who got a bonus fucked up? Or are they responsible for the actions of higher-ups?

Not all of the bonus checks were for millions - you are making your statements without any actual facts - I do not believe those who fucked up deserve anything, but those who simply did their job should be paid what they were promised.

I pay more than my fair share of taxes, and guess what: plenty of my tax money goes to those who in no way deserve it.

 

[CrackerJax]

Frankly it's not anyone's business who gets how much of a bonus except the stockholders of that particular company. Once the Govt. gets involved in the private sector, things go haywire. Now you will see the real talent avoid these companies and they will under perform.

out.

 

[misshestermoffitt]

Here it is right here on CNN, EXECUTIVES, do you know what an executive's job is? It's apparently to cook books. No person in that company who isn't an executive is getting any kind of bonus.




NEW YORK (CNNMoney.com) -- The fallout continued Tuesday over $165 million in bonus payments paid to executives by bailed-out insurer American International Group.

Separately, a New York prosecutor said Tuesday that AIG had given 73 employees bonuses of more than $1 million each.

According to Cuomo, the top seven recipients received more than $4 million each, and the top 10 got a combined $42 million, according to Cuomo's letter. In the next tier, 22 AIG employees received a combined $72 million with those bonuses totaling at least $2 million each.

Cuomo also noted that 11 of the employees who received $1 million bonuses from AIG (AIG, Fortune 500) no longer work for the insurer, including one recipient who took home $4.6 million.

http://money.cnn.com/2009/03/17/news/companies/aig_bonuses/index.htm


I know it's hard for you to grasp but these bonus checks are going to the decision makers. The decision makers are the ones responsible for their current financial standing. I can guarantee that no bonus is going to a secretay or a janitor.

 

[angelsbandit]

Can you show me that every one of them fucked up?

If not your comments mean nothing - it is easy for you to sit back and say things if you are not required to provide any facts.

If they had a contract saying they would be compensated if they met certain criteria - they must be paid just like any employee.
Do you think owners, and stock holders should be able to change anyones pay after the fact at will?

Every employee did not do something wrong - those who did fuck up should not be paid anything, but the others should be paid per their contract.

I don't get to decide who gets Welfare, Medicare, Medicade, or foodstamps paid for with my tax money even though I know many don't deserve it.

 

[misshestermoffitt]

If they are the top Execs in the company and they did nothing to stop what was going on, then they are just as guilty.

Can you show me any who aren't guilty?

The burden of proof is on you, you claim they aren't all guilty, then let's see your proof.

Show me one who isn't guilty.

Oh and how funny that the senator that put the bailout language in the bill that is permitting them to piss away even more money on bonus check (being a reward for doing a piss poor job) is the senator in the home state as most of these executives that are receiving bonus checks.

From us, to AIG to the pocket of the senator who snookered the nation.

See how money is addictive, your bound determined to defend their right to outright theft. Are you working for a bailed out company?

Riddle me this, if you had 2 kids and one went and slapped the other across the face full force, would you give the slapper a reward and tell the slapee to suck it up, they're just jealous?

AIG is slapping us all in the face with their arrogent behavior, and since they thought they were going to get away with it, Fannie Mae wants to use their taxpayer money to pay out bonus dollars too.

They are robbing Peter to pay Paul so...... how are you doing Peter, my name is Peter too.

 

[misshestermoffitt]

Helping someone with nothing is not the same as helping someone with a private jet, 5 homes, 10 cars and a full staff of servents. Instead of giving them free money, they can sell some shit and live within their means, now there's a novel idea, only buying what you can actually afford.

I don't get to decide who gets Welfare, Medicare, Medicade, or foodstamps paid for with my tax money even though I know many don't deserve it.

 

[medicineman]

I was and still am against these bailouts, but everyone involved is not equally culpable for what has happened.

Do you know the situation of everyone who recieved a bonus? Do you know for a fact that every one of them fucked up and should not be paid?

I don't think a lot of workers deserve what they are paid - so can I threaten the kid at the McDonalds drive up? Can I not pay the part of my bill that represents his salary?

Everything is not black and white - many who recieved bonuses as part of their compensation probably earned the pay - just like the rest of us.

Those who caused this mess should not benifit from it, but those who just did their job deserve to be paid for their work - same as you.

Paid for their work is one thing, although, I'd sure be cutting some salaries if I owned the place. Getting paid extra (Bonuses) for shoddy if not downright criminal work, is in itself criminal and all those that OK'd these Bonuses should be fired immediately. Sounds to me like all those getting Bonuses were the ones that were culpable, those slimy middle managers that walk around all day looking over workers shoulders and intimidating them. Thry knew exactly what was going on. They were definently cognizant of what the bundling or insuring of toxic mortguages were. Say I'm the boss building a brick building, and I observe one or a few bricklayers leaving out a brick now and then, maybe the exact brick that will eventually bring down the building, do they deserve a Bonus? Exactly, they don't, they deserve to be fired. Where is the common sense to this conundrum?