I don't know why I have decided to comment in this thread and not really in others, maybe it's the picture that pisses me off the most, I don't really know.
It's not a hit it rich type of mentality. I was listening to talk radio today and the commentary was about college; about how there is this perception that college means success. There is a cultural stigma attached to those that graduate and those that don't and those that don't even attend. What happened to the culture of our fathers and grandfathers where hard work was valued rather than a "degree" or a piece of paper that indicates you are supposed to be a smart enough person to have met the necessary criteria to graduate? We have an entire generation or perhaps two that believes and has been taught that success only comes from education.
I earned a degree 17 years ago. Business Management. There was no guarantee then it meant more money and it hasn't meant more money since then. I have more money now because I viewed the marketplace I am a part of, found something that needed to be done/done better and determined that I could offer that at a price. We started a business and voila, there you go. Better earnings after we struggled to make it work right.
The degree was a personal goal and I knew from moment one it was no guarantee of anything.
Public corporations are held to standards by Boards of Directors. If the BOD agrees to pay a CEO a ridiculous sum of money then that is up to them. BOD's are controlled by shareholders. If shareholders don't get what they feel is appropriate, the BOD gets reseated.
We as a population have no right to determine the pay structure of a public corporation. Now, however, the minute that company begins to operate in any way by accepting public funds, that's a different story entirely. And don't anyone go off on me and say that cops, roads, fire departments, airways and the air system, etc are public and therefore blah blah blah..... the corporation pays taxes too and has every reasonable right to utilize those services just as much as everyone/everything else. (In fact, IMO they have more of a right to participate in the system than the worker who doesn't earn that much and therefore isn't paying taxes at a level that a higher earner or corporation is). I'm talking something like the auto companies that couldn't function without a public bailout because they had operated like idiots for years. Hell they have enough subsidies prior to that where I would consider that the public has a very vested interest in how they are run. I feel exactly the same way about the food industry, fuel/oil, etc.
When I worked for an airline while going to college, I worked with 2-3 guys that had master's degrees and one that had a PhD. They worked with me on the ramp and loaded and unloaded baggage.
Degrees don't mean anything more than you have attended a school and achieved the necessary criteria to be awarded the degree/certificate. It's quite possible his advanced degrees have nothing to do with his field of work (although that would be a bit illogical) and it's also quite possible that his employer really didn't care that he had the degrees or even that the pay raise for the education was nothing significant.
Education is one of the great scams these days. Colleges and Universities are BIG BIG BIG businesses and they are almost all subsidized to the hilt with public funds.
It's not a hit it rich type of mentality. I was listening to talk radio today and the commentary was about college; about how there is this perception that college means success. There is a cultural stigma attached to those that graduate and those that don't and those that don't even attend. What happened to the culture of our fathers and grandfathers where hard work was valued rather than a "degree" or a piece of paper that indicates you are supposed to be a smart enough person to have met the necessary criteria to graduate? We have an entire generation or perhaps two that believes and has been taught that success only comes from education.
I earned a degree 17 years ago. Business Management. There was no guarantee then it meant more money and it hasn't meant more money since then. I have more money now because I viewed the marketplace I am a part of, found something that needed to be done/done better and determined that I could offer that at a price. We started a business and voila, there you go. Better earnings after we struggled to make it work right.
The degree was a personal goal and I knew from moment one it was no guarantee of anything.
Public corporations are held to standards by Boards of Directors. If the BOD agrees to pay a CEO a ridiculous sum of money then that is up to them. BOD's are controlled by shareholders. If shareholders don't get what they feel is appropriate, the BOD gets reseated.
We as a population have no right to determine the pay structure of a public corporation. Now, however, the minute that company begins to operate in any way by accepting public funds, that's a different story entirely. And don't anyone go off on me and say that cops, roads, fire departments, airways and the air system, etc are public and therefore blah blah blah..... the corporation pays taxes too and has every reasonable right to utilize those services just as much as everyone/everything else. (In fact, IMO they have more of a right to participate in the system than the worker who doesn't earn that much and therefore isn't paying taxes at a level that a higher earner or corporation is). I'm talking something like the auto companies that couldn't function without a public bailout because they had operated like idiots for years. Hell they have enough subsidies prior to that where I would consider that the public has a very vested interest in how they are run. I feel exactly the same way about the food industry, fuel/oil, etc.
When I worked for an airline while going to college, I worked with 2-3 guys that had master's degrees and one that had a PhD. They worked with me on the ramp and loaded and unloaded baggage.
Degrees don't mean anything more than you have attended a school and achieved the necessary criteria to be awarded the degree/certificate. It's quite possible his advanced degrees have nothing to do with his field of work (although that would be a bit illogical) and it's also quite possible that his employer really didn't care that he had the degrees or even that the pay raise for the education was nothing significant.
Education is one of the great scams these days. Colleges and Universities are BIG BIG BIG businesses and they are almost all subsidized to the hilt with public funds.
BUY MY SIG - 50$/Year
Comment