Those of us who have been around Slashdot a while know that there are car analogies for every technology. Without exception. But keep coming back. It works if you work it.
If you were on the front bench yesterday, today you'd be losing your job because SEC investigations are done in private. But you're not even a lawyer, much less one of the lawyers involved in this case! Back-bencher is a polite way of saying, "yes, yes, you could understand and talk about this stuff in a professional way as somebody who understands but isn't involved." No, you're not even a back-bencher, but you're definitely not on the front bench.
Having an irrational sense of capability still only supports belief in being a back-bencher, it doesn't support belief that you're actually involved in the case.
Henry Ford was CERTAINLY an Anti-Semite and a Nazi Sympathizer; but as far as an actual Nazi, sorry, no.
Here's a photo of Henry Ford being awarded the Grand Cross of the Golden Eagle by Nazi officials in 1938. He looks pretty comfortable with those guys.
And he was also an industrial visionary; so...?
Pro-tip: being a Nazi pretty much trumps everything else. You can love dogs and be good to your mother, but if you're also a Nazi...you're just a Nazi.
How is this +4 insightful? Don't people see that PopeRatzo has been using sockpuppet moderation for years on his posts?
Regardless of value, he gets modded up when points are available. Disgusting abuse of an otherwise good moderation system.
The Anonymous Coward is mad because I've been voted Slashdot's Most Beloved Commenter six years running. After next year, I'll have more rings than Jordan.
Assume the CEO goes from $21M to $0 and redistribute among the 235,000 employees. Everyone gets less than $100 a year.
That's $21M that goes back into the economy instead of an offshore hedge fund.
The bottom line is that most of those 235,000 people could never run a company as large and complex as McDonalds.
But I bet you can find someone who can run that company for $500,000. Now, you've got $20.5million to redistribute to employees, and $20.5million that goes back into the economy to create other jobs instead of an offshore hedge fund.
That's the problem with CEO salaries: While there are formulas and charts explaining exactly how much you should pay a line worker at McDonalds (and it happens to be "just enough so that desperate people will apply"), there is no formula for figuring out how much you should pay a CEO. For all we know, you could get a competent CEO for a couple of hundred thousand a year and a company car. It'll look good on the resume and people like titles. No one really knows the true market value of a CEO. What you have is this unspoken "minimum wage for CEOs" that boards of directors are convinced they need to pay based on absolutely nothing. And the reason boards of directors have this unspoken rule is because many of them are CEOs of other companies or former CEOs or golfing buddies of everyone who will ever be considered for the job. It's all "scratch my back and I'll give you a big sloppy blowjob".
$7,017 is less than half the federal minimum wage. Clearly this "study" includes part time workers.
The federal minimum wage is $7.25/hr. I don't have my calculator handy, but I'm pretty sure $7.017 is not "less than half" of $7.25. I'm not that great at math, so I could be wrong. Clearly your understanding of what people actually get paid in this country is somewhat lacking.
I'm guessing that the $7.017 as a median for McDonalds has more to do with wage theft than being part-time workers, since part-time workers have the same minimum wage as full-time workers.
However there are notable exceptions to the minimum wage laws, and I'm guessing McDonalds makes full use of these exceptions. This is from the website of the Department of Labor. See if you can guess which loopholes McDonalds makes the most of:
"Various minimum wage exceptions apply under specific circumstances to workers with disabilities, full-time students, youth under age 20 in their first 90 consecutive calendar days of employment, tipped employees and student-learners."
I already told you, inflation is way overestimated. I even gave you an article citing some reasons why.
It's actually underestimated, and your citation was an opinion piece from Ramesh Ponnuru, a political pundit and spokesman for the American Enterprise Institute.
Tell you what: I won't cite Paul Krugman (who's actually a Nobel-winning economist) if you can find a citation from someone - anyone - who's not just a political hack. No one serious actually believes inflation is currently overestimated.
not so great for foods that need to be picked and chosen, like fruits/veggies/meats/fish.
If you live in Arizona, you're probably not worrying about fresh produce or meat because those are hard to chew with dentures. This service will be fine for delivering cases of Ensure nutrition drinks.
If you want to talk inflation, it's probably being overestimated:
Are you kidding? CPI has always underestimated inflation. Do you know that when the Bureau of Labor Statistics computes the CPI (from which the inflation numbers come), they leave out the biggest sources of inflation? For example, housing prices, health care costs (but not insurance premiums) and education costs are conveniently left out of the CPI? If you were to add those to the basket, you'd end up with something closer to 7%. When you go to the grocery store and that $3.99 box of breakfast cereal that used to be 24 oz is now 14 oz, the CPI doesn't count that as a price increase.
Of course, if you don't buy a house, get sick, eat food, or send your kids to college, inflation is "only" 2.9%, but you'd still be losing ground.
Says the 20 year old who never had a health problem in his privileged snowflake life. I can't wait for you to have your first ER visit. Hear me now and remember me later.
It is true, I'm 20 and I've had perfect health all my life. That may change someday, but you will always be an idiot.
. Everything else they do will either kill you, maim you, give you a worse health problem, addict you to opioids or benzos and/or completely bankrupt you. I'm not going to their filthy MRSA-filled office or hospital unless I get shot or break a bone (maybe). Remind me again who the fuck is supposed to cry for these people and why? I got a whole long list of people to feel a helluva lot sorrier for.
Median income increased from the 3rd quarter of 2016 (just before Trump was elected) until now by about 50% as much as median income increase from Obama's inauguration until Trump's election. If you look closely at the chart linked below, you'll see median weekly wages only increased by $100 dollars from when Obama entered office until Trump's election, but from Trump's election until now weekly wages have increased by about $50. Again, not even 2 years in, and he's just getting started.
"Median income". Do you understand what "median income means"? Do you know what inflation is?
See, this requires a little thought.on your part. You have to look at a graph of black unemployment numbers to understand what's going on here.
As you will see, from the Bureau of Labor Statistics (run by the Trump administration), that the black unemployment numbers have been dropping steadily since the recession ended in early 2010. They fall steadily through the Obama administration and the slope of decline is unchanged. In fact, if you look at the numbers closely, you will see that the rate of improvement has slowed somewhat under Donald Trump.
And, if you were to go look at a chart of the wage growth, you will see that wages rose steadily under Obama and have fallen steadily under Trump.
Linking to some news stories without understanding the numbers can lead to some incorrect conclusions, and we wouldn't want that to happen. You're welcome.
Musk made a fraudulent tweet to manipulate his stock price. It's both illegal and unethical. Now imagine if, say, an oil company executive pulled this shit.
Better still, imagine the CEO of Microsoft or Zuckerberg pulling this shit. You'd be able to see the torches and pitchforks on Slashdot from space.
Slashdot Mirror
Did you even read the analogy? The car is idling. It's not driving anywhere. It's up on blocks. Stationary.
Fuck, do I have to explain everything to the Anonymous Coward? As much as he's on here, you'd think he'd have developed some reading skills by now.
Those of us who have been around Slashdot a while know that there are car analogies for every technology. Without exception. But keep coming back. It works if you work it.
Some Twitter wag gave the best explanation of Bitcoin I've ever seen:
I bet you're a blast at parties.
If you cut all pasta, bread and cakes out of your diet, you won't actually die younger. You'll just wish you would.
Spotted the incel.
Here's a photo of Henry Ford being awarded the Grand Cross of the Golden Eagle by Nazi officials in 1938. He looks pretty comfortable with those guys.
Pro-tip: being a Nazi pretty much trumps everything else. You can love dogs and be good to your mother, but if you're also a Nazi...you're just a Nazi.
Actually, a faster horse sounds awesome. And Henry Ford was a Nazi, so who gives a fuck what he thinks?
The Anonymous Coward is mad because I've been voted Slashdot's Most Beloved Commenter six years running. After next year, I'll have more rings than Jordan.
I'm sure people who jack-off a lot to porn think they'd be pretty good at sex, too.
That's $21M that goes back into the economy instead of an offshore hedge fund.
But I bet you can find someone who can run that company for $500,000. Now, you've got $20.5million to redistribute to employees, and $20.5million that goes back into the economy to create other jobs instead of an offshore hedge fund.
That's the problem with CEO salaries: While there are formulas and charts explaining exactly how much you should pay a line worker at McDonalds (and it happens to be "just enough so that desperate people will apply"), there is no formula for figuring out how much you should pay a CEO. For all we know, you could get a competent CEO for a couple of hundred thousand a year and a company car. It'll look good on the resume and people like titles. No one really knows the true market value of a CEO. What you have is this unspoken "minimum wage for CEOs" that boards of directors are convinced they need to pay based on absolutely nothing. And the reason boards of directors have this unspoken rule is because many of them are CEOs of other companies or former CEOs or golfing buddies of everyone who will ever be considered for the job. It's all "scratch my back and I'll give you a big sloppy blowjob".
Goddamn dollar store reading glasses. Never mind. I was wrong.
The federal minimum wage is $7.25/hr. I don't have my calculator handy, but I'm pretty sure $7.017 is not "less than half" of $7.25. I'm not that great at math, so I could be wrong. Clearly your understanding of what people actually get paid in this country is somewhat lacking.
I'm guessing that the $7.017 as a median for McDonalds has more to do with wage theft than being part-time workers, since part-time workers have the same minimum wage as full-time workers.
However there are notable exceptions to the minimum wage laws, and I'm guessing McDonalds makes full use of these exceptions. This is from the website of the Department of Labor. See if you can guess which loopholes McDonalds makes the most of:
It's actually underestimated, and your citation was an opinion piece from Ramesh Ponnuru, a political pundit and spokesman for the American Enterprise Institute.
Tell you what: I won't cite Paul Krugman (who's actually a Nobel-winning economist) if you can find a citation from someone - anyone - who's not just a political hack. No one serious actually believes inflation is currently overestimated.
If you live in Arizona, you're probably not worrying about fresh produce or meat because those are hard to chew with dentures. This service will be fine for delivering cases of Ensure nutrition drinks.
Are you kidding? CPI has always underestimated inflation. Do you know that when the Bureau of Labor Statistics computes the CPI (from which the inflation numbers come), they leave out the biggest sources of inflation? For example, housing prices, health care costs (but not insurance premiums) and education costs are conveniently left out of the CPI? If you were to add those to the basket, you'd end up with something closer to 7%. When you go to the grocery store and that $3.99 box of breakfast cereal that used to be 24 oz is now 14 oz, the CPI doesn't count that as a price increase.
Of course, if you don't buy a house, get sick, eat food, or send your kids to college, inflation is "only" 2.9%, but you'd still be losing ground.
Let me ask you one question:
If you get a 2.7% raise and inflation is at 2.9%, has your income gone up?
It is true, I'm 20 and I've had perfect health all my life. That may change someday, but you will always be an idiot.
I love your passion, but you're an idiot.
"Median income". Do you understand what "median income means"? Do you know what inflation is?
http://nymag.com/daily/intelli...
You must be new here.
See, this requires a little thought.on your part. You have to look at a graph of black unemployment numbers to understand what's going on here.
As you will see, from the Bureau of Labor Statistics (run by the Trump administration), that the black unemployment numbers have been dropping steadily since the recession ended in early 2010. They fall steadily through the Obama administration and the slope of decline is unchanged. In fact, if you look at the numbers closely, you will see that the rate of improvement has slowed somewhat under Donald Trump.
https://data.bls.gov/timeserie...
And, if you were to go look at a chart of the wage growth, you will see that wages rose steadily under Obama and have fallen steadily under Trump.
Linking to some news stories without understanding the numbers can lead to some incorrect conclusions, and we wouldn't want that to happen. You're welcome.
That's right. No judge needed in this case. Just the SEC. But it's the first step.
If this private buyout from Musk fails to materialize, the FBI will get involved, I guarantee.
Ah, that's where Elon got it.
Better still, imagine the CEO of Microsoft or Zuckerberg pulling this shit. You'd be able to see the torches and pitchforks on Slashdot from space.