Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: geode00 who wrote (182289)	2/22/2006 12:47:33 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 281500

<The 'nutrition' industry managed to get away from FDA regulation so you don't know what is in those tablets. It could be sawdust, have no active ingredients, be whatever the mfr decides to stuff in there.> Don't buy them if you don't know or don't trust them. I trust reputable brands better than I trust government spivs. < The theory about 'capitalism is the best' is that people only work for money, work harder for more money and that the 'best' person for the job is the one you have to pay the most.> That's your theory. I'm a capitalist and my theory is quite different. In fact, quite the opposite. People don't work only for money and in fact, money is merely a scoreboard. People work for identity. If people get greater rewards for working more/faster/harder then they will do so, but don't leap to the conclusion that the reward is necessarily money. Usually, the best person for a job is the one you have to pay the least. That's why for a couple of decades I've been saying women in China would be the best employees. It seemed crazy to me to pay BP Oil's German R&D people 65 pounds an hour [in 1987] when I could hire a fleet of much smarter Chinese women for a fraction of that. QUALCOMM is now hiring Indians flat out to do R&D work. Libertarianism doesn't misunderstand human nature. What aspect of human nature do you think is misunderstood by libertarians? Which isn't to say that most humans like the idea of libertarianism, freedom, self-determination and all that jazz. Libertarians don't claim people do. Obviously, we can all see that most people don't subscribe to such ideas. But 'human nature' doesn't mean people are intrinsicly bandits. Do you compulsively steal? Well, you obviously do, since you are in favour of what you say you are [using other people to steal OPM for you, not soiling your hands yourself]. But because you are a robber doesn't mean everyone is. <I am, however, quite sure that corporations, people in groups and people in general are not to be trusted with somethings including telling the truth about what they're selling. For that, you need some consequences that are more than just losing customers after you've killed a few.> Quite right. That's why there are fraud charges, damages charges, and gaols and execution as part of my great capitalist plan. Wantonly kill people and it's the noose! Or, preferably, a lifetime of working under duress to repay as much as possible. Capitalism doesn't mean criminality. Where on Earth did you get such an idea? Mqurice

To: geode00 who wrote (182289)	2/22/2006 11:37:08 AM
From: greenspirit	Respond to of 281500

There is no correlation between what a CEO makes and how his company's stock does. That statement reminds me of some DD I was doing the other day in regard to Blockbuster and Netflix. Check out the CEO compensation packages vs the performance of their stocks. Incredible shareholders aren't screaming bloody murder. How a company like Blockbuster video can do nothing but sit and watch a start up like Netflix enter and dominate its market so rapidly astounds me. Talk about clueless management. 7 million bucks, for what?! Blockbuster finance.yahoo.com Compensation finance.yahoo.com Netflix finance.yahoo.com Compensation finance.yahoo.com