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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (131386)	2/2/2001 11:55:50 PM
From: Joe NYC	Respond to of 1570211

Ted, Compare the annual salary of the CEO for GE to the salary of the president of the US, then multiply the deficit by 8. We don't pay our president wages at all commensurate with the responsibilities/complexity/degree of difficulty that goes with the job. I don't think people do it for the money, but the (tax free) fringe benefits are worth a couple of million per year, so it's not a total loss, from the financial point of view. I think the Congress approved a raise of the president's salary. Joe

To: tejek who wrote (131386)	2/3/2001 8:49:37 PM
From: TimF	Read Replies (1) \| Respond to of 1570211

Compare the annual salary of the CEO for GE to the salary of the president of the US, then multiply the deficit by 8. We don't pay our president wages at all commensurate with the responsibilities/complexity/degree of difficulty that goes with the job. Maybe GE and other large US companies overpay their CEOs. Thats an issue for their stockholders but I don't know why you should care much if you don't own any GE. No one is forced to pay the CEOs salary. GE wasn't forced to pay him that much and GE's customers don't have to buy from GE if they don't want to. I don't have any problem with Clinton making $2mil from speeches or getting $180k in gifts(unless it could be shown that this money was a quid pro quo for an action he took while in office), but if he is getting all of this why does he need lavish digs paid for by taxpayers? Tim