Originally Posted by chiefzilla1501
I do not have a problem with small business owners doing whatever it takes to grow their business or making as much money as they see fit. I don't have a problem with private equity "raiders" who seize a market opportunity and make an insane amount of money off of it.
That's not what's happening here. When small businesses fail, the business owner loses money. When private equity or investors or anybody fails, they lose their shirt on it. When a CEO fails, they get paid and the shareholders are the ones who lose all their money and the company loses the ability to invest that money back into the business.
It is ridiculous to suggest that the corporation is the property of the CEO when they have NOTHING to lose if they fail, except for guarantee of employment.
Where did I say it was the CEO's property? You're making a strawman argument—a logical fallacy.
I only said the money or property was not yours, because you're the one whining about the pay he got. LOL
Really, it shouldn't matter if a business is small or big; privately owned or if shareholders own it through shares. The company leadership owes no fiduciary duty whatsoever to the public sphere. This is nonsense common good think from the collectivist trash heaps of history.
Either way, none of it is yours.
“The power to declare war, including the power of judging the causes of war, is fully and exclusively vested in the legislature.” ~ James Madison, Father of the Constitution
“We do not believe in aggressive or preventive war. Such war is the weapon of dictators, not of free democratic countries like the United States.”~ Truman, Sept 1, 1950