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  4. Goldman CEO's $53.4M Bonus Breaks Record

Goldman CEO's $53.4M Bonus Breaks Record

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  • P Paul Conrad

    Stan Shannon wrote:

    Paul Selormey wrote: too old for sport cars Or not old enough!

    One is never too old for a sport car.


    If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa

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    Paul Selormey
    wrote on last edited by
    #29

    PaulC1972 wrote:

    One is never too old for a sport car.

    May be just too shy for sport cars. I do not know why, I just cannot see myself wanting one. :-D With love, Paul.

    Jesus Christ is LOVE! Please tell somebody.

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    • P Paul Conrad

      Stan Shannon wrote:

      Most 'minimum wage' jobs are taken by teenagers living at home with their parents.

      Not necessarily true. When I worked at Target about 13 years ago, when beginning college, the majority of people working there were 30-40-50 year olds holding down several minimum wage jobs just to make ends meet.


      If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa

      Z Offline
      Z Offline
      Zac Howland
      wrote on last edited by
      #30

      PaulC1972 wrote:

      Not necessarily true. When I worked at Target about 13 years ago, when beginning college, the majority of people working there were 30-40-50 year olds holding down several minimum wage jobs just to make ends meet.

      Not to sound cold, but it isn't the government's job to be the safety net for people who either can't, or refuse to pay their dues when they are younger (e.g. get an education or obtain basic skills to help them get and keep a steady job). I use to work at Food Lion as a CSM (first couple years of college). I had a few people that worked for me that were doing it as a career (most of the employees were either teenagers/college students or people with full time jobs doing it for extra cash). The ones using it as a career were those that dropped out of school, partied through their 20's, and wondered why they weren't making any money in their 30's. The minimum wage was never designed to give the entire population a baseline off of which they could live (and it will never accomplish that either -- basic economics will tell you that). It was designed to keep companies from exploiting workers by paying them pennies a day and charging a fortune for the products they produce. In many ways, it is both antiquated and unneccessary in today's society.

      If you decide to become a software engineer, you are signing up to have a 1/2" piece of silicon tell you exactly how stupid you really are for 8 hours a day, 5 days a week Zac

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      • L Lost User

        Paul Selormey wrote:

        How will less tax help "poor people left in the private sector"?

        Ummm... 1) the money (not the poor people) is left in the private sector ;P 2) Seriously, in one form or another money left in the private sector is always used to re-invest in business. More supplies, equipment and services are needed for the reinvestment and jobs are created. Poor people become self sufficient and their standard of living rises. 3) Money collected in taxes is watered down as it travels through government red-tape and corruption. Any money given to the poor is deemed charity and creates or sustains dependency.

        "I think computer viruses should count as life. I think it says something about human nature that the only form of life we have created so far is purely destructive. We've created life in our own image." - Stephen Hawking

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        Paul Selormey
        wrote on last edited by
        #31

        Clear thoughts, I like it. With love, Paul.

        Jesus Christ is LOVE! Please tell somebody.

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        • B Bassam Abdul Baki

          Some people are just too rich.[^] Me want.


          "Marge, don't discourage the boy! Weasling out of things is important to learn. It's what separates us from the animals! Except the weasel." - Homer Simpson Web - Blog - RSS - Math - LinkedIn - BM

          M Offline
          M Offline
          Marc Clifton
          wrote on last edited by
          #32

          Obviously they are making way too much money managing our money. Marc

          Thyme In The Country

          People are just notoriously impossible. --DavidCrow
          There's NO excuse for not commenting your code. -- John Simmons / outlaw programmer
          People who say that they will refactor their code later to make it "good" don't understand refactoring, nor the art and craft of programming. -- Josh Smith

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          • M Marc Clifton

            Obviously they are making way too much money managing our money. Marc

            Thyme In The Country

            People are just notoriously impossible. --DavidCrow
            There's NO excuse for not commenting your code. -- John Simmons / outlaw programmer
            People who say that they will refactor their code later to make it "good" don't understand refactoring, nor the art and craft of programming. -- Josh Smith

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            Paul Selormey
            wrote on last edited by
            #33

            Marc Clifton wrote:

            Obviously they are making way too much money managing our money.

            Yours is negotiated at the interview ;P With love, Paul.

            Jesus Christ is LOVE! Please tell somebody.

            1 Reply Last reply
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            • P Paul Selormey

              Stan Shannon wrote:

              Lets hope not. That money will ultimately help far more poor people left in the private sector than it would if given to the government.

              How will less tax help "poor people left in the private sector"? With love, Paul.

              Jesus Christ is LOVE! Please tell somebody.

              S Offline
              S Offline
              Shog9 0
              wrote on last edited by
              #34

              Think about it - i got something close to a $750 bonus this year. Naturally, that means Mr. Blankfein worked about seven hundred twelve thousand times harder than i did. And, i did nothing for poor people in the private sector, apart from cooking a few meals here and there. Assuming this country is chock full of people just as lazy as i am (or perhaps even lazier :omg: ), it should be a no-brainer that the very few industrious personages like Mr. Blankfien should be encouraged to continue being productive!  :)

              ---- I just want you to be happy; That's my only little wish...

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              • S Stan Shannon

                Because it provides for a more efficient economy. More productivity, more jobs, more opportunity. Now, if we could just get rid of minimum wage and social welfare programs poverty could be eliminated entirely.

                A virtual fence for the virtual borders of a virtual nation.

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                C Offline
                Christian Graus
                wrote on last edited by
                #35

                So, if some people are paid less than it costs to live, this will eliminate poverty ? You should run for president.

                Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert

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                • S Shog9 0

                  Think about it - i got something close to a $750 bonus this year. Naturally, that means Mr. Blankfein worked about seven hundred twelve thousand times harder than i did. And, i did nothing for poor people in the private sector, apart from cooking a few meals here and there. Assuming this country is chock full of people just as lazy as i am (or perhaps even lazier :omg: ), it should be a no-brainer that the very few industrious personages like Mr. Blankfien should be encouraged to continue being productive!  :)

                  ---- I just want you to be happy; That's my only little wish...

                  P Offline
                  P Offline
                  Paul Selormey
                  wrote on last edited by
                  #36

                  Hmmm, somebody wants more...;P With love, Paul.

                  Jesus Christ is LOVE! Please tell somebody.

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                  • J Jorgen Sigvardsson

                    Still, if he doesn't invest his money in the US, he'll be less effective than the government with regards to stimulating the local economy. I don't see how any new jobs are created (or maintained) by moving the money out of the local (or national) economy. At least not where the money is earned. If used wisely, then capitalism is a very good way of maintaining and boosting the economy. If used badly, it's as devastating as communism.

                    -- Not a substitute for human interaction

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                    S Offline
                    Stan Shannon
                    wrote on last edited by
                    #37

                    I've never seen any community devastated by capitalism. (Beyond environmental damage which, certainly, the businesses in question should be fiscally accountable for). To require or expect someone to invest in the local economy when there is little probability of seeing a profit on that investment is certainly not using capital wisely. The main reason so many Mexicans are coming here to find work is directly because this is where most of the investments are being made. I wish more rich people would invest in Mexico so more of those pathetic assholes would stay home. Mexico is not investment friendly.

                    A virtual fence for the virtual borders of a virtual nation.

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                    • C Christian Graus

                      So, if some people are paid less than it costs to live, this will eliminate poverty ? You should run for president.

                      Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert

                      S Offline
                      S Offline
                      Stan Shannon
                      wrote on last edited by
                      #38

                      Christian Graus wrote:

                      if some people are paid less than it costs to live, this will eliminate poverty ?

                      No. But allowing people to figure out for themselves what it costs to live certainly will.

                      A virtual fence for the virtual borders of a virtual nation.

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                      • P Paul Selormey

                        PaulC1972 wrote:

                        One is never too old for a sport car.

                        May be just too shy for sport cars. I do not know why, I just cannot see myself wanting one. :-D With love, Paul.

                        Jesus Christ is LOVE! Please tell somebody.

                        P Offline
                        P Offline
                        Paul Conrad
                        wrote on last edited by
                        #39

                        Paul Selormey wrote:

                        I just cannot see myself wanting one.

                        Only things stopping me is price of gas and insurance. I'd prefer to keep my driver's license in good standing with the state of California :-D


                        Some people have a memory and an attention span, you should try them out one day. - Jeremy Falcon

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                        • P Paul Conrad

                          Stan Shannon wrote:

                          Most 'minimum wage' jobs are taken by teenagers living at home with their parents.

                          Not necessarily true. When I worked at Target about 13 years ago, when beginning college, the majority of people working there were 30-40-50 year olds holding down several minimum wage jobs just to make ends meet.


                          If you try to write that in English, I might be able to understand more than a fraction of it. - Guffa

                          C Offline
                          C Offline
                          Christian Graus
                          wrote on last edited by
                          #40

                          Yeah, I often think that in a forum like this one, it's easy to lose sight of the fact that not everyone has what it takes to be highly employable, or to do any form of skilled labour. On the other end of the scale, people often seem to forget that these people also need to eat, and a society that does not give them this opportunity is going to pay the price in increased crime.

                          Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert

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                          • S Stan Shannon

                            Christian Graus wrote:

                            if some people are paid less than it costs to live, this will eliminate poverty ?

                            No. But allowing people to figure out for themselves what it costs to live certainly will.

                            A virtual fence for the virtual borders of a virtual nation.

                            C Offline
                            C Offline
                            Christian Graus
                            wrote on last edited by
                            #41

                            Ah... the problem is not the gap between income and costs, it's that these people are being lied to about how much food they need to survive ?

                            Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert

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                            0
                            • Z Zac Howland

                              PaulC1972 wrote:

                              Not necessarily true. When I worked at Target about 13 years ago, when beginning college, the majority of people working there were 30-40-50 year olds holding down several minimum wage jobs just to make ends meet.

                              Not to sound cold, but it isn't the government's job to be the safety net for people who either can't, or refuse to pay their dues when they are younger (e.g. get an education or obtain basic skills to help them get and keep a steady job). I use to work at Food Lion as a CSM (first couple years of college). I had a few people that worked for me that were doing it as a career (most of the employees were either teenagers/college students or people with full time jobs doing it for extra cash). The ones using it as a career were those that dropped out of school, partied through their 20's, and wondered why they weren't making any money in their 30's. The minimum wage was never designed to give the entire population a baseline off of which they could live (and it will never accomplish that either -- basic economics will tell you that). It was designed to keep companies from exploiting workers by paying them pennies a day and charging a fortune for the products they produce. In many ways, it is both antiquated and unneccessary in today's society.

                              If you decide to become a software engineer, you are signing up to have a 1/2" piece of silicon tell you exactly how stupid you really are for 8 hours a day, 5 days a week Zac

                              P Offline
                              P Offline
                              Paul Conrad
                              wrote on last edited by
                              #42

                              Zac Howland wrote:

                              Not to sound cold

                              You didn't sound cold :)

                              Zac Howland wrote:

                              it isn't the government's job to be the safety net for people who either can't, or refuse to pay their dues when they are younger

                              I agree. I have a neighbor who likes to mooch off the system and it pisses me off.


                              Some people have a memory and an attention span, you should try them out one day. - Jeremy Falcon

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                              • P Paul Conrad

                                Paul Selormey wrote:

                                I just cannot see myself wanting one.

                                Only things stopping me is price of gas and insurance. I'd prefer to keep my driver's license in good standing with the state of California :-D


                                Some people have a memory and an attention span, you should try them out one day. - Jeremy Falcon

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                                P Offline
                                Paul Selormey
                                wrote on last edited by
                                #43

                                PaulC1972 wrote:

                                I'd prefer to keep my driver's license in good standing with the state of California

                                You have kids. Have a nice day/night - I am off to work. With love, Paul.

                                Jesus Christ is LOVE! Please tell somebody.

                                P 1 Reply Last reply
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                                • C Christian Graus

                                  So, if some people are paid less than it costs to live, this will eliminate poverty ? You should run for president.

                                  Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert

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                                  P Offline
                                  Paul Conrad
                                  wrote on last edited by
                                  #44

                                  Christian Graus wrote:

                                  So, if some people are paid less than it costs to live, this will eliminate poverty ?

                                  It just doesn't compute :rolleyes:


                                  Some people have a memory and an attention span, you should try them out one day. - Jeremy Falcon

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                                  • P Paul Selormey

                                    Hmmm, somebody wants more...;P With love, Paul.

                                    Jesus Christ is LOVE! Please tell somebody.

                                    S Offline
                                    S Offline
                                    Shog9 0
                                    wrote on last edited by
                                    #45

                                    Well, i'm not saying i wouldn't use it if i had it... ;) (frankly though, i can't even begin to comprehend sums of that magnitude, many times over what i'll see in my entire lifetime. Wishing for such a thing would be like wishing for a unicorn. )

                                    ---- I just want you to be happy; That's my only little wish...

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                                    • P Paul Selormey

                                      PaulC1972 wrote:

                                      I'd prefer to keep my driver's license in good standing with the state of California

                                      You have kids. Have a nice day/night - I am off to work. With love, Paul.

                                      Jesus Christ is LOVE! Please tell somebody.

                                      P Offline
                                      P Offline
                                      Paul Conrad
                                      wrote on last edited by
                                      #46

                                      Paul Selormey wrote:

                                      You have kids.

                                      That too. No reckless stuff :)

                                      Paul Selormey wrote:

                                      I am off to work.

                                      Have fun :)


                                      Some people have a memory and an attention span, you should try them out one day. - Jeremy Falcon

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                                      0
                                      • C Christian Graus

                                        Yeah, I often think that in a forum like this one, it's easy to lose sight of the fact that not everyone has what it takes to be highly employable, or to do any form of skilled labour. On the other end of the scale, people often seem to forget that these people also need to eat, and a society that does not give them this opportunity is going to pay the price in increased crime.

                                        Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert

                                        P Offline
                                        P Offline
                                        Paul Conrad
                                        wrote on last edited by
                                        #47

                                        Christian Graus wrote:

                                        it's easy to lose sight of the fact that not everyone has what it takes to be highly employable, or to do any form of skilled labour.

                                        Yes, good point.

                                        Christian Graus wrote:

                                        society that does not give them this opportunity is going to pay the price in increased crime

                                        This can happen when people get desperate that they are going to lose a decent livelihood.


                                        Some people have a memory and an attention span, you should try them out one day. - Jeremy Falcon

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                                        • C Christian Graus

                                          Ah... the problem is not the gap between income and costs, it's that these people are being lied to about how much food they need to survive ?

                                          Christian Graus - C++ MVP 'Why don't we jump on a fad that hasn't already been widely discredited ?' - Dilbert

                                          S Offline
                                          S Offline
                                          Stan Shannon
                                          wrote on last edited by
                                          #48

                                          Christian Graus wrote:

                                          Ah... the problem is not the gap between income and costs, it's that these people are being lied to about how much food they need to survive ?

                                          How can you lie to someone about how much food they need? It is up to that individual to adjust his cost of living to his income. You are donig people in that category no favors by crippling the economy they live in with impossible to define 'cost of living' concepts. If you pay people to be poor, that is precisely what they will be. If you don't, they will adjust their lifestyles accordingly.

                                          A virtual fence for the virtual borders of a virtual nation.

                                          C 2 Replies Last reply
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