Debating Executive Pay Caps on Fox and Friends, 3/23/09

I debated President Obama's efforts to restrict executive pay on Fox and Friends. As you can see, the conservatives do their best to tell us that we shouldn't do anything to stop taxpayer-subsidized companies from continuing to pay out huge bonuses to Wall Street millionaires.

Category:

News & Politics

Tags:

• Fox News
• executive pay
• Wall Street

[RealCaptainAmerica]

The argument isn't capitalism versus socialism. It's CORRUPT capitalism versus ETHICAL capitalism.

The shareholders OWN the company and can do whatever they think is best for them. WE THE PEOPLE are now the biggest shareholders in the companies that took bailouts. We'd have to be idiots to let them run off with our money AGAIN.

[Shooter1373]

Shareholders are the owners of their companies. Owners typically decide what salaries their employees make. I don't understand why anyone would disagree with the idea that owners should have the right to make that decision. That's how it has always worked, so why is this situation different?

[EXVN07]

@Shooter1373 I do not disagree with what you are saying, what I disagree with is the that the goverment is stepping in the private sector and making them adhere to what rules the goverment think's are neccessary.

[sxcboy4u]

if hard work is how peoples pay is museured then the mum working 3 jobs and still cant make ends met should be getting paid alot more than they are... conseverite dont care about hard work they care abot the things that benerfit themselfs... also these people get paid 500k what the hell are they bitiching about and they should get taxs more the provessive tax is the only fair way to do it because the rich and afford to pay more and still have there 3 cars and 9 houses

[bachandl1]

O Gretchen...will ever know what you're talking about? Oh that's right, your just there to look pretty and speak talking points for viewers who don't know any better.

[drunk3director]

You would rather have the people making $25,000 pay more so people making $20 Million will pay less? As long as the public stays aware, wealthy people are going to be paying a lot more, and it's a beautiful thing.

This still has nothing to do with shareholders, who actually own the companies, having the right to regulate the pay of executives. That is the point of the video. Not sure why you are arguing something unrelated.

[RWFW]

I don't think people who make $25,000 pay taxes.  They get refunds.

[drunk3director]

Hi David.

Thanks so much for your Feb 6 blog shedding light on Diana Farrell!

[drunk3director]

Somebody who makes Millions is obviously going to pay more in taxes than somebody who makes $25,000 a year. What does that have to do shareholders who actually own companies, having the right to regulate the pay of executives?

[getplaning]

David, you would be surprised at how many things you and Gary Kaltbaum agree on. Google an article he wrote- "Hank Paulson-Saviour", and one titled, "Dr Alan Greenspan- Mr Bubbles".

He totally trashes the conservative talking points on the mortgage meltdown.

Kaltbaum is also one of the best money managers in America.

I think the producers at Fox and Friends just wanted to play you against one another.

[RWFW]

you know that "the people" who pay the most in income taxes are people in financial services industry right?