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-   -   Fast-Food CEOs Make 1,000 Times the Pay of the Average Fast-Food Worker (https://gfy.com/showthread.php?t=1141307)

dyna mo 05-22-2014 08:21 PM

Quote:

Originally Posted by AmeliaG (Post 20096880)
I'm relaxed. I'm just apparently also decent at 8th grade math.

If we are counting kindergarten, then CEOs with MBAs have 19 years of school.

How is it remotely statistically true that all people with some of the top-paying jobs on the planet are likely to be average graduates? What linear algebra allowed you to arrive at that obviously false conclusion?

Boy, you've got it out for me huh! nice. :winkwink:

on what planet is an MBA program 6 years? Heck you can get those cheesy online MBAs on the fast track in 18 months and never even step foot in a classroom or meet a prof face to face.

AmeliaG 05-22-2014 08:24 PM

Quote:

Originally Posted by Robbie (Post 20096878)
Hey Amelia...I want to fuck your new girl Razor Candi

Just thought I'd throw that out there. lol


:thumbsup I'll let you know if she ventures out of Transylvania. (She really does live there.)

Where can I email you a pass? Maybe you can think of some creative ways to promote her :)

http://www.blueblood.com/news/wp-con...14-600x896.jpg

http://www.blueblood.com/news/wp-con...54-600x896.jpg

http://www.blueblood.com/news/wp-con...24-600x896.jpg

http://www.blueblood.com/news/wp-con...26-600x899.jpg

http://www.blueblood.com/news/wp-con...eo-600x363.jpg

AmeliaG 05-22-2014 08:25 PM

Quote:

Originally Posted by dyna mo (Post 20096882)
Boy, you've got it out for me huh! nice. :winkwink:

on what planet is an MBA program 6 years? Heck you can get those cheesy online MBAs on the fast track in 18 months and never even step foot in a classroom or meet a prof face to face.


Uhm, 17 + 2 = 19.

2 < 6

dyna mo 05-22-2014 08:26 PM

Quote:

Originally Posted by AmeliaG (Post 20096867)
The thread is about whether CEOs are special or worth more in any way than burger flippers. I am sticking to the OP topic.

Just pointing out you're not sticking to the topic. I haven't mentioned 1 single time what my view is on executive pay, only that MBA grads are on average, average anti-social psychopaths.

The last part is OK, no biggie, but how dare I think most MBAs graduate with an average grade.

You must be close to an MBA grad in some way eh?

dyna mo 05-22-2014 08:27 PM

Quote:

Originally Posted by AmeliaG (Post 20096884)
Uhm, 17 + 2 = 19.

2 < 6

I knew you would bite on that. Not sure why you have it out for me, but hey, get it out of your system. :)

signupdamnit 05-22-2014 08:28 PM

Quote:

Originally Posted by AmeliaG (Post 20096866)
In my state (California), the minimum wage was voted some time back to increase to $9 this year. I guess it is $7.25 elsewhere, which is also not far off from your $9 number.

I guess I think that wealth inequality is when you have huge corporations getting corporate welfare from the US taxpayers, while paying almost no taxes themselves, and spending their money offshore so there is not even any trickle down . . . while inflation (extra huge for items like houses and cars and school) and factors like absurd gas prices drive up the cost of basics including food and make a living wage very hard, not just for people at the bottom, but for people in the middle. That's before we even get into that a person who makes $250k probably gives roughly half to the government, but someone making $250 mill almost certainly does not.

I agree strongly that wealth inequality needs to be addressed. But I think opportunity (including access to affordable capital) and education and fairer tax laws (and maybe public works) are the answer. Not arbitrarily raising the bottom end to something impossible.

A guy who owns a Subway franchise probably makes $55k a year. That is a mid-level income person, not a one percenter.

The parent corporation, Subway, would have to improve the terms of the deal or else the franchisee would probably terminate the agreement. This would be competition actually working upwards for a change rather than downwards.

I get your and Robbie's objections over the current workers making say $14.75 but more than likely it will put tremendous pressure on their employers to also raise their wages as well. $17-$20 an hour would be highly likely for them. As usual the employers would probably try to delay it but eventually conditions would likely force their hand as otherwise they could go to other employers or an easier job which pays the same.

I really don't support a $15 minimum wage though. I like $9 as a minimum and would consider $10-$12 as reasonable. But likewise I do not think a $15 minimum wage would be catastrophic either. I think it would lead to some outsourcing and some price increases but it would also have an almost immediate effect or reversing some income and wealth inequality. I'm not sure it's the best way to do it but philosophically I like the idea of reducing income and wealth inequality through work as opposed to government handouts.

AmeliaG 05-22-2014 08:30 PM

Quote:

Originally Posted by dyna mo (Post 20096885)
Just pointing out you're not sticking to the topic. I haven't mentioned 1 single time what my view is on executive pay, only that MBA grads are on average, average anti-social psychopaths.

The last part is OK, no biggie, but how dare I think most MBAs graduate with an average grade.

You must be close to an MBA grad in some way eh?


Yeah, some of my best friends are MBAs.

Obviously, most MBAs graduate with average grades for an MBA.

The point is that CEOs, whether or not they have MBAs, are not average.

As the topic of the thread is kind of about whether CEOs are more special than burger flippers, I'm on topic.

Please feel free to share your view on executive compensation.

Just checking: Do you and I agree that 17 + 2 = 19, so 19 - 2 does not equal 6?

Robbie 05-22-2014 08:32 PM

Quote:

Originally Posted by AmeliaG (Post 20096883)
:thumbsup I'll let you know if she ventures out of Transylvania. (She really does live there.)

Where can I email you a pass? Maybe you can think of some creative ways to promote her :)

http://www.blueblood.com/news/wp-con...14-600x896.jpg

http://www.blueblood.com/news/wp-con...54-600x896.jpg

http://www.blueblood.com/news/wp-con...24-600x896.jpg

http://www.blueblood.com/news/wp-con...26-600x899.jpg

http://www.blueblood.com/news/wp-con...eo-600x363.jpg

That girl is smoking hot Amelia! I love that look.

Hey are you guys gonna be in New Orleans?

AmeliaG 05-22-2014 08:32 PM

Quote:

Originally Posted by dyna mo (Post 20096887)
I knew you would bite on that. Not sure why you have it out for me, but hey, get it out of your system. :)


Dude, you don't even have a sig. I have no idea who you are. Why would I have it out for you?

If I take the time to give you the tools to learn what an average is or the correct answer to 19 - 2, is that really having it out for you? :1orglaugh

dyna mo 05-22-2014 08:33 PM

Quote:

Originally Posted by Robbie (Post 20096879)
I don't personally know any of the big industry CEO's personally. But I can only assume that since the CEO job is the top of the ladder...that they are indeed above "average" by definition of being a CEO. :)

I wouldn't disagree that you could take subset of CEOs of big corps and find they are indeed above average in probably more than 1 way. I'm still not sure what AmeliaG was referring to when she claimed they are above average. that's why I inquired.

Nevertheless, while that subset is a tiny fraction of CEOs, I'm not against it being an accurate portrayal, I even mentioned in my 1st post to grapesoda that "I *think* he paints an overly rosy picture of CEOs and while I may be wrong..........."

But I can't seem to find anything that supports the idea that someone with a business card that has CEO on it is more special than the next guy.

Supz 05-22-2014 08:34 PM

Fuck anyone who works in a fast food place past the age of 25

AmeliaG 05-22-2014 08:35 PM

Quote:

Originally Posted by Robbie (Post 20096891)
That girl is smoking hot Amelia! I love that look.

Hey are you guys gonna be in New Orleans?


Nah, I make sure now not to visit the South in the summertime, if I can help it. I love nice California sunshine and I'm fine with a dry heat, but I wilt like a vampire when it is is hot and humid. I think the first time I visited NOLA was in like July. Oops.

dyna mo 05-22-2014 08:36 PM

Quote:

Originally Posted by AmeliaG (Post 20096892)
Dude, you don't even have a sig. I have no idea who you are. Why would I have it out for you?

If I take the time to give you the tools to learn what an average is or the correct answer to 19 - 2, is that really having it out for you? :1orglaugh

I also knew you would bring up the no sig thing. no biggie. Again, I posted 19 because I knew you would continue on your tangent, you've completely distorted my original comment and not only continue to do so, but can't even see when someone is having a bit of fun with you.

:)

dyna mo 05-22-2014 08:41 PM

Quote:

Originally Posted by AmeliaG (Post 20096890)
Yeah, some of my best friends are MBAs.

Well, you can tell them that you set straight dyna mo, the gfyer with no sig re: MBAs being special. :)

AmeliaG 05-22-2014 08:42 PM

Quote:

Originally Posted by dyna mo (Post 20096897)
I also knew you would bring up the no sig thing. no biggie. Again, I posted 19 because I knew you would continue on your tangent, you've completely distorted my original comment and not only continue to do so, but can't even see when someone is having a bit of fun with you.

:)


And the reason you have no sig, even though you know how people will react to that is what?

I need to work on my sense of humor until I can see how hilarious it is when someone does basic addition and subtraction incorrectly. How could I not see you were telling a joke there?
I mean 17 + 6 = 19 = :1orglaugh:1orglaugh:1orglaugh:1orglaugh That one-liner could only be deliberate for lulz.

But, thanks, I've been using teh intahrwebs for long enough to know that when someone says I should have known they were joking all along that they are acknowledging they were mistaken.

dyna mo 05-22-2014 08:48 PM

FTR, here's my view on executive pay. It's out of whack and that's because corporate responsibility is out of whack. The SC ruled that a corp is effectively a person, basically due to it being run and operated by people. The courts have also ruled that a corp, by law, has to operate in the best interests of its' shareholders, i.e. the corp needs to make money, the bottom line. It's the CEOs job to do that, nothing else matters. the community does not matter, humans do not matter, plants do not matter, trees do not matter, that corp must, while acting within the law, operate to make more and more profits.

CEO pay is directly tied to profits, I think that is where the problem lies, the pay needs to be tied to incentives other than the stockholders solely.

This graphic highlights how fundamental the relationship is between executive pay and bottom line, if you run a business there are 2 ways to increase the bottom-line, sell more and/or slash costs

http://www.washingtonpost.com/blogs/...2.57.08-PM.png

dyna mo 05-22-2014 08:51 PM

Quote:

Originally Posted by AmeliaG (Post 20096905)
And the reason you have no sig, even though you know how people will react to that is what?

I need to work on my sense of humor until I can see how hilarious it is when someone does basic addition and subtraction incorrectly. How could I not see you were telling a joke there?
I mean 17 + 6 = 19 = :1orglaugh:1orglaugh:1orglaugh:1orglaugh That one-liner could only be deliberate for lulz.

But, thanks, I've been using teh intahrwebs for long enough to know that when someone says I should have known they were joking all along that they are acknowledging they were mistaken.

Again, what on earth did I do to you? :Oh crap

dyna mo 05-22-2014 08:57 PM

All I can remember with our dealings here, AmeliaG, is my bumping your photo threads my positive comments re: your photography, in fact, I've even made conscious note to let one or 2 drop down a ways just so I could bump it all the way back up for you.

fill me in on why you've decided to take issue with my view on CEOs like this.









.

Seth Manson 05-22-2014 09:08 PM

Why does anyone here even care what a minimum-wage worker makes?

I remember times when we argued over black credit cards and high-end sports cars. Now people are bitching about making $10 an hour at McDonalds.

bronco67 05-22-2014 09:08 PM

Quote:

Originally Posted by dyna mo (Post 20096893)
I wouldn't disagree that you could take subset of CEOs of big corps and find they are indeed above average in probably more than 1 way. I'm still not sure what AmeliaG was referring to when she claimed they are above average. that's why I inquired.

Nevertheless, while that subset is a tiny fraction of CEOs, I'm not against it being an accurate portrayal, I even mentioned in my 1st post to grapesoda that "I *think* he paints an overly rosy picture of CEOs and while I may be wrong..........."

But I can't seem to find anything that supports the idea that someone with a business card that has CEO on it is more special than the next guy.

To rise as high as CEO, you have to be a superb player of the politics in your corporate system. So that would mean they are above average.

AsianDivaGirlsWebDude 05-22-2014 09:12 PM





:stoned

ADG

dyna mo 05-22-2014 09:18 PM

Quote:

Originally Posted by bronco67 (Post 20096916)
To rise as high as CEO, you have to be a superb player of the politics in your corporate system. So that would mean they are above average.

By that evaluation I posted a few posts earlier, that person thinks it's [also]attributable to anti-social psychopath ability. It seems to me that politics and that sort go together well these days.

Now I don't believe for a second that all CEOs are mental. At the same time, the position of CEO is not unlike any other position that someone sets their sights on. A surgeon fits perfectly here. Becoming a surgeon is a lofty goal. But if my son came to me and said he wanted to become a surgeon when he grows up, I certainly would not tell him, "Well, surgeons are special." No, I would tell them that with hard work and perserverance and not getting run over by a truck(dumb luck) during all the education and training, then yes, becoming a surgeon is achievable, there's nothing special per se about being a surgeon.

Robbie 05-22-2014 09:32 PM

Quote:

Originally Posted by Seth Manson (Post 20096915)
Why does anyone here even care what a minimum-wage worker makes?

I remember times when we argued over black credit cards and high-end sports cars. Now people are bitching about making $10 an hour at McDonalds.

Sign of the times! We're all wanting to make sure that we get the most money we can when we're at our future jobs at McDonalds. lol

Hey, I'm going to the new Cromwell right now with Claudia Marie to check it out. Then heading over to Count's Vamp'd to see a band.

If you're in Henderson and not busy...come on out.

Seth Manson 05-22-2014 09:46 PM

Quote:

Originally Posted by Robbie (Post 20096928)
Sign of the times! We're all wanting to make sure that we get the most money we can when we're at our future jobs at McDonalds. lol

Hey, I'm going to the new Cromwell right now with Claudia Marie to check it out. Then heading over to Count's Vamp'd to see a band.

If you're in Henderson and not busy...come on out.

Thanks but I have to pass on tonight. Trying to finish a project before midnight, so I dont have to go fill out an application at McDonald's tomorrow :)

KillerK 05-22-2014 10:11 PM

Quote:

Originally Posted by Seth Manson (Post 20096915)
Why does anyone here even care what a minimum-wage worker makes?

I remember times when we argued over black credit cards and high-end sports cars. Now people are bitching about making $10 an hour at McDonalds.

Reason I care, and not want it to goto $15.

Currently where I live, I can go get a Gallon of Milk for $2.89 to $3.50 (Depending on major grocery chain store, not walmart/target)

If minimum wage goes to $15, that milk will cost me $4.50 to $5, and I don't get a raise. You might argue that people now making $15 will spend more money online, but who knows if that is true or not, if everything I buy now has a increase in price, I really gain nothing.

In the old days, when people worked for big companies, they'd give raises once a year, and by golly the stores in town would charge more for stuff.

Seth Manson 05-22-2014 10:24 PM

Quote:

Originally Posted by KillerK (Post 20096942)
Reason I care, and not want it to goto $15.

Currently where I live, I can go get a Gallon of Milk for $2.89 to $3.50 (Depending on major grocery chain store, not walmart/target)

If minimum wage goes to $15, that milk will cost me $4.50 to $5, and I don't get a raise. You might argue that people now making $15 will spend more money online, but who knows if that is true or not, if everything I buy now has a increase in price, I really gain nothing.

In the old days, when people worked for big companies, they'd give raises once a year, and by golly the stores in town would charge more for stuff.

I dont want it to go to $15 either, because I dont think the type of work they are doing is worth $15/hr. What incentive would people have to better themselves to be worth more if we just give them more in the first place? People that settle, will still settle. And they will still complain instead of doing something for themselves.

AJ_NETWORK 05-22-2014 10:24 PM

Not so far off from the feudalistic system of the medieval times huh? Only now it's more technical and a lot of distractions are in place to prevent people from really seeing the big picture.

kane 05-22-2014 10:49 PM

Quote:

Originally Posted by Robbie (Post 20096837)
Yeah, they are including 16 and 17 year olds in that (high school kids working part time) stat.

The true stat of adults working full time jobs for a living is 1.1% of the work force.

And that 1.1% includes waitresses and bartenders who make good money with tips. My ex-wife was a bartender in Ft. Lauderdale in the 1980's...she'd bring home $500 on a good night, all in cash. And money was worth more in 1984, $500 was a LOT of money then.

Yep. It does say that is is people making a standard wage of minimum or less so waiters, bartenders etc that have a lower wage and work for tips are included.

Some of those people can make some very good money.

arock10 05-22-2014 11:12 PM

Have you guys ever heard of negotiation? You ask for $15 and settle lower. You don't ask for $10 of you want $10

AmeliaG 05-23-2014 02:58 AM

Quote:

Originally Posted by dyna mo (Post 20096912)
All I can remember with our dealings here, AmeliaG, is my bumping your photo threads my positive comments re: your photography, in fact, I've even made conscious note to let one or 2 drop down a ways just so I could bump it all the way back up for you.

fill me in on why you've decided to take issue with my view on CEOs like this.









.


I appreciate that and I've always thought you were a good poster (even sig-less).

I'm going to hazard a guess that neither you nor I is in line to get a job at McDonalds. Not as a minimum wage worker. And not as a $9 mill a year CEO. Neither of us exactly has a dog in this fight, so it shouldn't be particularly emotional.

I usually take Wednesday off, but I took Thursday off this week because I was shooting a traveling model on Wednesday. To me, I was casually pointing out that CEOs of major companies are not average. You decided to debate me on the point (extensively), rather than conceding it.

I thought we were just fucking around, but I know sometimes people get injured while sparring and nobody wants that.

Please accept my genuine apology, if my mode of debate was upsetting to you in any way at all. That was truly not my intention.

Grapesoda 05-23-2014 04:57 AM

Quote:

Originally Posted by dyna mo (Post 20096863)

A little more color on these particular types of psychopaths:

These "financial psychopaths" generally lack empathy and interest in what other people feel or think. At the same time, they display an abundance of charm, charisma, intelligence, credentials, an unparalleled capacity for lying, fabrication, adn manipulation, and a drive for thrill seeking.




:)

same as a politician :2 cents:

Grapesoda 05-23-2014 05:03 AM

Quote:

Originally Posted by dyna mo (Post 20096877)
If anybody has any evidence, links, support, smoke signals, news flashes anything that shows CEOs are above average as a group, I'd enjoy reading that.

if low income fast food workers would work 16-18 hours a day they wouldn't need a raise would they? be almost a grand a week...CEO's don't get overtime and do work 16 hours a day

Grapesoda 05-23-2014 05:06 AM

Quote:

Originally Posted by Seth Manson (Post 20096915)
Why does anyone here even care what a minimum-wage worker makes?

I remember times when we argued over black credit cards and high-end sports cars. Now people are bitching about making $10 an hour at McDonalds.

I'm down for a new vette with a super charger.. you?

dyna mo 05-23-2014 05:56 AM

Quote:

Originally Posted by AmeliaG (Post 20097082)
To me, I was casually pointing out that CEOs of major companies are not average. You decided to debate me on the point (extensively), rather than conceding it.

I thought we were just fucking around, but I know sometimes people get injured while sparring and nobody wants that.

Please accept my genuine apology, if my mode of debate was upsetting to you in any way at all. That was truly not my intention.

I appreciate the apology, I'm not upset, nor was I. I was simply unsure of why you chose to take issue with my comment to the point that you felt the need to try and zing! me 4,5,6,or 7 times about simple subtraction, which is what happened here.

But no, I'm fine, I appreciate it, I didn't lose any sleep over a gfyer thinking I can't subtract 2 from a number.




:)

dyna mo 05-23-2014 06:02 AM

Quote:

Originally Posted by Grapesoda (Post 20097154)
same as a politician :2 cents:

same as office politics also.

Quote:

Originally Posted by Grapesoda (Post 20097160)
if low income fast food workers would work 16-18 hours a day they wouldn't need a raise would they? be almost a grand a week...CEO's don't get overtime and do work 16 hours a day

TBH, I don't know much and don't have much of an opinion on minimum wage these days. I stopped thinking about it after my first job back when I was ~16, haven't had to deal with it since then, I also don't hire people with zero skills or experience, so it's never been a topic of interest or concern to me.

Stephen 05-23-2014 06:10 AM

Quote:

Originally Posted by AmeliaG (Post 20096376)
... or put outsourced remote workers on the drive-thru.

I don't think many people know that some chains already have this in place, where you order your meal at the drive thru in California, but the order taker isn't in that restaurant, he or she is in India at a call center...

The display screens at some ordering stations show your order as you're placing it (no pickles, etc.) so you can immediately see if it's accurate, ending many translation issues.

adultchatpay 05-23-2014 06:15 AM

That's why they are called CEO.

tony286 05-23-2014 06:49 AM

Quote:

Originally Posted by Grapesoda (Post 20097160)
if low income fast food workers would work 16-18 hours a day they wouldn't need a raise would they? be almost a grand a week...CEO's don't get overtime and do work 16 hours a day

Its funny, they got to go to the extreme. You are comparing $15 an hour to a CEO who makes millions. You try and live on $15 a hr. Are you kidding? Also dont you realize you are socializing business expenses. The avg age of the workers doing those shit jobs is 29,they once would of been the people working in the mail room or in the factory not everyone is a captain of industry. We are making up for that lack of pay. Like 40 percent of low wage workers receive food stamps,an avg walmart costs taxpayers 600k in gov programs. You got to think of the big picture, wages keep dropping and people are brainwashed to believe in 2014 that $15 is a skilled wage. The middle class is shrinking. Guess what? Its the middle class who buys the most porn.

bronco67 05-23-2014 07:25 AM

Quote:

Originally Posted by dyna mo (Post 20096922)
By that evaluation I posted a few posts earlier, that person thinks it's [also]attributable to anti-social psychopath ability. It seems to me that politics and that sort go together well these days.

Totally agree with you. I think some politicians and CEO's could qualify as sociopaths.

dyna mo 05-23-2014 07:32 AM

I'm curious as to peeps' thoughts on this. WOuld you agree that incentivizing corp leaders with pay attached to goals other than the bottom line would help solve more than a couple problems in the world today? Hiring for instance. Infrastructure. etc.


Quote:

Originally Posted by dyna mo (Post 20096909)
FTR, here's my view on executive pay. It's out of whack and that's because corporate responsibility is out of whack. The SC ruled that a corp is effectively a person, basically due to it being run and operated by people. The courts have also ruled that a corp, by law, has to operate in the best interests of its' shareholders, i.e. the corp needs to make money, the bottom line. It's the CEOs job to do that, nothing else matters. the community does not matter, humans do not matter, plants do not matter, trees do not matter, that corp must, while acting within the law, operate to make more and more profits.

CEO pay is directly tied to profits, I think that is where the problem lies, the pay needs to be tied to incentives other than the stockholders solely.

This graphic highlights how fundamental the relationship is between executive pay and bottom line, if you run a business there are 2 ways to increase the bottom-line, sell more and/or slash costs

http://www.washingtonpost.com/blogs/...2.57.08-PM.png



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