Comments for Financial Freedumb and Brownie

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Comment on Ask Freedumb & Brownie Anything: The Answers…and Possibly the End of My Blogging Reputation by Victor

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Comment on Why Obama will win re-election. by Predicted Obama would win in October 2011. « Financial Freedumb and Brownie

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Comment on I’ve Decided. Screw Work. Fire Me. by RaduH

RaduH — Fri, 19 Oct 2012 09:38:20 +0000

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Comment on Buying something you plan to return. Is it wrong? by Richard

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Comment on Surprise, surprise! Romney’s “Economic team” made up of 17 old white guys and 2 white women! by This is how we feed animals… « Financial Freedumb and Brownie

This is how we feed animals… « Financial Freedumb and Brownie — Wed, 29 Aug 2012 21:11:46 +0000

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Comment on Strange that people who have struggled for their own rights now want to limit the rights of another group. by Anonymous

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B2P — Sat, 28 Apr 2012 04:49:32 +0000

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Comment on Average USA CEO to worker pay ratio – 475:1. by Aaron

Aaron — Fri, 23 Mar 2012 14:41:06 +0000

UNIONS

Comment on Average USA CEO to worker pay ratio – 475:1. by Why JFKs Roman Catholic faith is ns not the same as Romneys Mormanism - Page 17 - US Message Board - Political Discussion Forum

Wed, 18 Jan 2012 02:44:13 +0000

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Comment on Average USA CEO to worker pay ratio – 475:1. by freedumb

freedumb — Tue, 18 Oct 2011 17:28:26 +0000

Hi Courtney,

Thanks for the information. Looks like you’re right. CEO pay is only 325 to 1 now. That’s better. But still way off track from what it should trend if it followed the same pace as worker pay increase.

From your link:

Meanwhile, the most recent ratio from the Institute for Policy Studies is also smaller — for 2010, it was 325 to 1. In previous years the ratio on two occasions has exceeded 475 to 1 — to be specific, 516 to 1 in 1999 and 525 to 1 in 2000.

Comment on Average USA CEO to worker pay ratio – 475:1. by Courtney

Courtney — Tue, 18 Oct 2011 16:12:15 +0000

This chart is false. So I think you do!

http://www.politifact.com/trut.....has-obscu/

Comment on Average USA CEO to worker pay ratio – 475:1. by Third World America? | Biz Gov Soc

Third World America? | Biz Gov Soc — Wed, 12 Oct 2011 02:15:19 +0000

[...] the American upper and lower class is widening instead of closing. Currently, a CEO in the US makes 475 times the pay of the average worker, while in Venezuela CEOs make only 50 times what the average worker [...]

Comment on Average USA CEO to worker pay ratio – 475:1. by jUAN

jUAN — Tue, 11 Oct 2011 16:43:50 +0000

Oh, if having spent one-half hour/day learning about inverse funds, futures, options and commodities rather than long only positions, many employees would have gained quite a bit over the last decade. Equally, maintining understating of housing unaffordability ratios would have mitigated, not prevented, the house price bubble.

Here we have tremendous long run free info available yet generally ignored, even by the major rating agencies and hedgies dependent upon gaussian copula centered models and CDS.

If not ignorance perhaps intent.

Comment on Average USA CEO to worker pay ratio – 475:1. by jUAN

jUAN — Tue, 11 Oct 2011 16:02:15 +0000

Well, aren’t U.S. based CEOs at least 475 times more intelligent and organized sufficiently to have obtained trilliions of dollars of subsidies to be payed by present and future working class labor.through higher overall taxes, greater austeriity and labor intensity.

In the same vein, this process began decades ago and labor unioms, rather than countering through internationalizing, began their process of breakdown, largly because most union bosses had partnered with upper executives..

Furthermore tne confluence of major political parties

Comment on What’s Got Me Spooked. Call Me a Pessimist. by carlo

carlo — Mon, 10 Oct 2011 15:41:23 +0000

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Comment on Why Netflix messed up… by Pat

Pat — Sat, 17 Sep 2011 11:22:57 +0000

I agree…they should have taken customer loyalty into consideration. Their price hikes were sudden and unreasonable – practically doubled! Current customers should have been grandfathered at a lower rate. Netflix wasn’t considerate of their customers, so I see no reason to stick with them if something more appealing comes along. Sprint is ending unlimited data, so who can afford streaming now anyway? This may be the end of the smart phone, too.

Comment on How I would change our US government right now by StLpastor

StLpastor — Mon, 22 Aug 2011 05:26:33 +0000

Two things-
1) can we make it a balanced budget over a period of time? (Like 10 years or something). It seems pretty clear that governments should save during good times, and deficit spend during bad times to balance out the business cycle. The problem is our government likes to deficit spend in both good and bad times.
2) Everyone already pays taxes. We pay sales taxes on everything we buy. But tax reform would be great. It could be a lot simpler. For example, what if all kinds of income were taxed the same, and all kinds of spending were treated the same from a tax perspective. It would be so much simpler.

Comment on How I would change our US government right now by » Ten Things I Think I Think (HP Touchpad Edition – andPersonal Finance Links)

Sun, 21 Aug 2011 16:22:46 +0000

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Comment on How I would change our US government right now by Michelle Deanna Knisley

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Comment on I’m with the president on this one… by freedumb

freedumb — Wed, 20 Jul 2011 01:13:14 +0000

I agree. Everyone should be chipping in a little. Not paying any taxes is not fair to everyone. However, I’m also sensitive to people who need help, and I think we need to take a real good look at our tax system and consider how we can make it a more even ballpark without absolutely destroying low income families and individuals. Can anyone really live on minimum wage? Approximately $15,000 per year, 40 hours a week, no vacation. On the other hand, I can only imagine what would happen with just the 50% contributing 1%, I bet it’d be significant. It’d also reduce the burden on everyone and probably balance the budget.

Comment on I’m with the president on this one… by A Realist

A Realist — Wed, 20 Jul 2011 00:47:07 +0000

I think also you need to get most of the 50% that doesn’t currently pay taxes to get some “skin in the game” and start contributing. Right now the upper 50% tax income is being distributed to the lower 50%. Also need to do away with many of the subsidies the gov’t gives to industries that seem to be doing fine on their own (oil and agriculture) or wouldn’t survive w/o them such as ethanol. I think mostly though we need everyone involved and right now only half of us are.

Comment on I’m with the president on this one… by » Ten Things I think I think… (and personal finance links)

» Ten Things I think I think… (and personal finance links) — Tue, 19 Jul 2011 23:36:42 +0000

[...] Financial Freedumb and Brownie says I’m with the president on this one… [...]

Comment on I’m with the president on this one… by The Borrower

The Borrower — Thu, 14 Jul 2011 19:25:02 +0000

Absolutely. I find it funny that they are fighting about removing the tax breaks and their ability to hurt the middle and lower tiers. After all, when Bush was pushing for the tax breaks, Democrats said they were only tax breaks for the wealthy. So, remove them all now. If no one but the wealthy received anything noticable, the same will be true with the reverse.

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