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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 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.

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    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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    • 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

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      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.

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        • S Stan Shannon

          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 Offline
          C Offline
          Christian Graus
          wrote on last edited by
          #49

          Stan Shannon wrote:

          How can you lie to someone about how much food they need?

          I'm not sure, how can you ?

          Stan Shannon wrote:

          It is up to that individual to adjust his cost of living to his income

          So, if you were to make, say, $8 an hour, and not have guarenteed work hours, averaging your income to, say, $200 a week, how would you propose to adjust your standard of living in order to get by ?

          Stan Shannon wrote:

          impossible to define 'cost of living' concepts.

          The cost of the cheapest possible accomodation, plus the cost of the cheapest possible food, leaving an extra $20 a week towards things like power ( no phone, obviously ), transport ( public, obviously ) and clothing.  Is that so confusing ?

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

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          • C Christian Graus

            Stan Shannon wrote:

            How can you lie to someone about how much food they need?

            I'm not sure, how can you ?

            Stan Shannon wrote:

            It is up to that individual to adjust his cost of living to his income

            So, if you were to make, say, $8 an hour, and not have guarenteed work hours, averaging your income to, say, $200 a week, how would you propose to adjust your standard of living in order to get by ?

            Stan Shannon wrote:

            impossible to define 'cost of living' concepts.

            The cost of the cheapest possible accomodation, plus the cost of the cheapest possible food, leaving an extra $20 a week towards things like power ( no phone, obviously ), transport ( public, obviously ) and clothing.  Is that so confusing ?

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

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            Lost User
            wrote on last edited by
            #50

            Christian Graus wrote:

            Is that so confusing ?

            In what city/town/village of what region of what country?

            "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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            • L Lost User

              Christian Graus wrote:

              Is that so confusing ?

              In what city/town/village of what region of what country?

              "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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              Christian Graus
              wrote on last edited by
              #51

              Food doesn't cost that much more in different areas.  What country is a silly question, this is something that's dealt with on the 'country' level.  The housing question levels itself out, if you can't afford to live somewhere, you move.

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

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              • C Christian Graus

                Food doesn't cost that much more in different areas.  What country is a silly question, this is something that's dealt with on the 'country' level.  The housing question levels itself out, if you can't afford to live somewhere, you move.

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

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                Lost User
                wrote on last edited by
                #52

                1. Food and utilities vary greatly across the US. So does housing. A decent 2 bedroom apartment in my area runs $500 per month. In NYC it could cost 6x that or more. 2. These days it's politically incorrect to suggest that someone has to move. We must give them more money so they can stay where they please. 3. The 'country' comment was a lame attempt to appear international. Us Americans always get accused of being nationally myopic so I figured I'd give it a try. :-O

                "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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                • S Stan Shannon

                  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 Offline
                  C Offline
                  Christian Graus
                  wrote on last edited by
                  #53

                  Something just occured to me.  Your minimum wage applies to people of all ages ? That's stupid, if it's the case.  Here, there are minimum wages based on age, up to 21 ( or something ).  I can recall getting sizable pay increates from the age of 17 through to about 20, entirely based on my birthday. Obviously, any minimum wage should be for an adult, someone who is young enough to live at home would expect to do more basic work, and at a lower rate.

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

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                  • C Christian Graus

                    Stan Shannon wrote:

                    How can you lie to someone about how much food they need?

                    I'm not sure, how can you ?

                    Stan Shannon wrote:

                    It is up to that individual to adjust his cost of living to his income

                    So, if you were to make, say, $8 an hour, and not have guarenteed work hours, averaging your income to, say, $200 a week, how would you propose to adjust your standard of living in order to get by ?

                    Stan Shannon wrote:

                    impossible to define 'cost of living' concepts.

                    The cost of the cheapest possible accomodation, plus the cost of the cheapest possible food, leaving an extra $20 a week towards things like power ( no phone, obviously ), transport ( public, obviously ) and clothing.  Is that so confusing ?

                    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 Offline
                    Stan Shannon
                    wrote on last edited by
                    #54

                    Christian Graus wrote:

                    Is that so confusing ?

                    No, it isn't confusing, but it is a meaningless example. The point would be that if this same individual had more opportunity to better his situation, he would be more likely to take it, especially if his only other option was to go hungry. More opportunity exists in an economic environment where people are expected to be productive and are free to invest their own resources as they best see fit. You are describing a scenario that is a direct consequence of applying the very solutions you prefer. The more money that government extracts from the economy to 'help' the poor, the less opportunity there is for the poor to help themeselves.

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

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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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                      Lost User
                      wrote on last edited by
                      #55

                      Weren't you in Max Max "Beyond Thunderdome"?

                      The tigress is here :-D

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                      • S Stan Shannon

                        Christian Graus wrote:

                        Is that so confusing ?

                        No, it isn't confusing, but it is a meaningless example. The point would be that if this same individual had more opportunity to better his situation, he would be more likely to take it, especially if his only other option was to go hungry. More opportunity exists in an economic environment where people are expected to be productive and are free to invest their own resources as they best see fit. You are describing a scenario that is a direct consequence of applying the very solutions you prefer. The more money that government extracts from the economy to 'help' the poor, the less opportunity there is for the poor to help themeselves.

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

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                        C Offline
                        Christian Graus
                        wrote on last edited by
                        #56

                        Actually, I am very much not in favour of the levels of welfare paid out in this country, it amazes me that politicians are too scared to even talk about it.

                        Stan Shannon wrote:

                        but it is a meaningless example.

                        The cost of living is what it costs to live.  How does that mean nothing ? I asked this in another thread, but, surely your minimum wage applies only to adults ?

                        Stan Shannon wrote:

                        The more money that government extracts from the economy to 'help' the poor, the less opportunity there is for the poor to help themeselves.

                        This isn't true.  Tax would not go down if welfare went down.  However, I do agree that, in my country at least, too much welfare is paid out to people who are unwilling to work.  Single mothers are top of my personal list.  I don't think a parental benefit should increase with more children, nor do I think it should be available to anyone who was not married and one partner employed when they decided to breed.  Good luck making that happen....

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

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                        • C Christian Graus

                          Something just occured to me.  Your minimum wage applies to people of all ages ? That's stupid, if it's the case.  Here, there are minimum wages based on age, up to 21 ( or something ).  I can recall getting sizable pay increates from the age of 17 through to about 20, entirely based on my birthday. Obviously, any minimum wage should be for an adult, someone who is young enough to live at home would expect to do more basic work, and at a lower rate.

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

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                          David Wulff
                          wrote on last edited by
                          #57

                          Christian Graus wrote:

                          Obviously, any minimum wage should be for an adult, someone who is young enough to live at home would expect to do more basic work, and at a lower rate

                          Sorry, you're not allowed to do that anymore. :) Employers can no longer ask for your name, age, nationality, ethnicity or sexual orientation. Many workplaces have had to ban employees from sending birthday cards to each other in case someone receives one that is prejudiced against their age. (i.e. a "Congratulations on getting over the hill" card for a 40 year old, even though it is always sent in good humour.) Instead, they issue company-sanctioned 'birthday wish statement' signed by the directors and delivered by registered courier. We still have age-based minimum wages here, but after that new legislation I wouldn't expect it to last past 2010 before it is deemed un-European and scraped in favour of a flat rate. Pretty soon they'll make it illegal to discipline workers who don't work because it discriminates against lazy people... :~


                          Ðavid Wulff What kind of music to programmers listen to?
                          Join the Code Project Last.fm group | dwulff
                          I'm so gangsta I eat cereal without the milk

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                          • D David Wulff

                            Christian Graus wrote:

                            Obviously, any minimum wage should be for an adult, someone who is young enough to live at home would expect to do more basic work, and at a lower rate

                            Sorry, you're not allowed to do that anymore. :) Employers can no longer ask for your name, age, nationality, ethnicity or sexual orientation. Many workplaces have had to ban employees from sending birthday cards to each other in case someone receives one that is prejudiced against their age. (i.e. a "Congratulations on getting over the hill" card for a 40 year old, even though it is always sent in good humour.) Instead, they issue company-sanctioned 'birthday wish statement' signed by the directors and delivered by registered courier. We still have age-based minimum wages here, but after that new legislation I wouldn't expect it to last past 2010 before it is deemed un-European and scraped in favour of a flat rate. Pretty soon they'll make it illegal to discipline workers who don't work because it discriminates against lazy people... :~


                            Ðavid Wulff What kind of music to programmers listen to?
                            Join the Code Project Last.fm group | dwulff
                            I'm so gangsta I eat cereal without the milk

                            L Offline
                            L Offline
                            Lost User
                            wrote on last edited by
                            #58

                            David Wulff wrote:

                            Pretty soon they'll make it illegal to discipline workers who don't work because it discriminates against lazy people...

                            Gawd, I wish you were wrong. :(

                            "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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                            • 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

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                              Jorgen Sigvardsson
                              wrote on last edited by
                              #59

                              Christian Graus wrote:

                              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.

                              Which is why it's important to give tax cuts to those people on the lower end of the employment market. That combined with a minimum wage, makes it a lot easier for such people to make a living, without being dependent on welfare.

                              -- Fun for the whole family - except grandma and grandpa

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                              • 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

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                                L Offline
                                Lost User
                                wrote on last edited by
                                #60

                                Christian Graus wrote:

                                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.

                                I know someone who is heavy into crime and is collecting social security checks and food stamps. It is a life style that is learned by parents and other people. Why would they get a job when they can claim they are disabled and get free money? Again, its a life style, I know so many people who live that life style and they are the most lazy people who like to sit around, smoke pot, watch tv, and do drugs.

                                █▒▒▒▒▒██▒█▒██ █▒█████▒▒▒▒▒█ █▒██████▒█▒██ █▒█████▒▒▒▒▒█ █▒▒▒▒▒██▒█▒██

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                                • C Christian Graus

                                  Actually, I am very much not in favour of the levels of welfare paid out in this country, it amazes me that politicians are too scared to even talk about it.

                                  Stan Shannon wrote:

                                  but it is a meaningless example.

                                  The cost of living is what it costs to live.  How does that mean nothing ? I asked this in another thread, but, surely your minimum wage applies only to adults ?

                                  Stan Shannon wrote:

                                  The more money that government extracts from the economy to 'help' the poor, the less opportunity there is for the poor to help themeselves.

                                  This isn't true.  Tax would not go down if welfare went down.  However, I do agree that, in my country at least, too much welfare is paid out to people who are unwilling to work.  Single mothers are top of my personal list.  I don't think a parental benefit should increase with more children, nor do I think it should be available to anyone who was not married and one partner employed when they decided to breed.  Good luck making that happen....

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

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                                  Stan Shannon
                                  wrote on last edited by
                                  #61

                                  Christian Graus wrote:

                                  Tax would not go down if welfare went down.

                                  That isn 't what I said. The less money a government extracts from an economy to pay for non-productive purposes (including the military, btw) the more productive an economy will be. The more productive an economy is, the more opportunity there is for everyone. Some will benefit more than others, and a very few will benefit tremendously, but everyone other than the most recalcitrant will see some improvement in their standard of living.

                                  Christian Graus wrote:

                                  I don't think a parental benefit should increase with more children, nor do I think it should be available to anyone who was not married and one partner employed when they decided to breed.

                                  I think that children should be fed by society if their parents cannot do it. But it should be done in such a way that provides no benefits at all to the parents. In fact, I think the same should go for any person in a situation of legal dependency upon someone else. I think that is the best society can be expected to do to ensure that children are not malnourished and also discourage people from having children without regard for the social consequencies.

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

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                                  • J Jorgen Sigvardsson

                                    Christian Graus wrote:

                                    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.

                                    Which is why it's important to give tax cuts to those people on the lower end of the employment market. That combined with a minimum wage, makes it a lot easier for such people to make a living, without being dependent on welfare.

                                    -- Fun for the whole family - except grandma and grandpa

                                    S Offline
                                    S Offline
                                    Stan Shannon
                                    wrote on last edited by
                                    #62

                                    Joergen Sigvardsson wrote:

                                    Which is why it's important to give tax cuts to those people on the lower end of the employment market. That combined with a minimum wage, makes it a lot easier for such people to make a living, without being dependent on welfare.

                                    That is merely welfare by another name.

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

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                                    • S Stan Shannon

                                      Christian Graus wrote:

                                      Tax would not go down if welfare went down.

                                      That isn 't what I said. The less money a government extracts from an economy to pay for non-productive purposes (including the military, btw) the more productive an economy will be. The more productive an economy is, the more opportunity there is for everyone. Some will benefit more than others, and a very few will benefit tremendously, but everyone other than the most recalcitrant will see some improvement in their standard of living.

                                      Christian Graus wrote:

                                      I don't think a parental benefit should increase with more children, nor do I think it should be available to anyone who was not married and one partner employed when they decided to breed.

                                      I think that children should be fed by society if their parents cannot do it. But it should be done in such a way that provides no benefits at all to the parents. In fact, I think the same should go for any person in a situation of legal dependency upon someone else. I think that is the best society can be expected to do to ensure that children are not malnourished and also discourage people from having children without regard for the social consequencies.

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

                                      C Offline
                                      C Offline
                                      Christian Graus
                                      wrote on last edited by
                                      #63

                                      Stan Shannon wrote:

                                      I think that children should be fed by society if their parents cannot do it.

                                      The issue is, without free money, a lot of these people would stop breeding.

                                      Stan Shannon wrote:

                                      I think that is the best society can be expected to do to ensure that children are not malnourished and also discourage people from having children without regard for the social consequencies.

                                      Yes, I agree.  If the schools were to provide meals for kids who are disadvantaged, that would seem an obvious way to do it.

                                      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

                                        peterchen wrote:

                                        Or maybe the money will be spent in a way that ensures the poor remain poor.

                                        Only government has a vested interest in doing that.

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

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                                        peterchen
                                        wrote on last edited by
                                        #64

                                        Ah yes, I forgot. Doing nothing is the only right thing to do, and everything else is horribly wrog.


                                        Developers, Developers, Developers, Developers, Developers, Developers, Velopers, Develprs, Developers!
                                        We are a big screwed up dysfunctional psychotic happy family - some more screwed up, others more happy, but everybody's psychotic joint venture definition of CP
                                        Linkify!|Fold With Us!

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                                        • S Stan Shannon

                                          Joergen Sigvardsson wrote:

                                          Which is why it's important to give tax cuts to those people on the lower end of the employment market. That combined with a minimum wage, makes it a lot easier for such people to make a living, without being dependent on welfare.

                                          That is merely welfare by another name.

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

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                                          Jorgen Sigvardsson
                                          wrote on last edited by
                                          #65

                                          Maybe so, but it doesn't suffer from the inefficiency of government and bureaucracy, nor is it dependent on willingness to do good by the rich.

                                          -- Verletzen zerfetzen zersetzen zerstören Doch es darf nicht mir gehören Ich muss zerstören

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