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	<title>Comments on: Executive Pay Cuts</title>
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	<link>http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/</link>
	<description>Conservative and Libertarian Intellectual Philosophy and Politics</description>
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		<title>By: Goose. Gander. &#124; PowerTowneDistro.com</title>
		<link>http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/comment-page-1/#comment-75344</link>
		<dc:creator>Goose. Gander. &#124; PowerTowneDistro.com</dc:creator>
		<pubDate>Fri, 05 Dec 2008 05:38:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/#comment-75344</guid>
		<description>[...] http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/   Share and Enjoy: [...]</description>
		<content:encoded><![CDATA[<p>[...] <a href="http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/" rel="nofollow">http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/</a>   Share and Enjoy: [...]</p>
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		<title>By: Patrick Mulligan</title>
		<link>http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/comment-page-1/#comment-75334</link>
		<dc:creator>Patrick Mulligan</dc:creator>
		<pubDate>Thu, 04 Dec 2008 15:36:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/#comment-75334</guid>
		<description>scenta,

CEO take-home pay in the tens of millions of dollars (which is true of a small number of multi-national, multi-billion dollar companies) is due primarily to stock performance, stock options, bonuses, and other incentives. Most CEOs accept an actual annual salary of a few hundred thousand dollars or less. Personal income tax rates being what they are, it is far more advantageous to accept more tax-advantaged forms of compensation. 

Very similarly, our Congressmen receive an actual salary of $165,000 a year, but accept take-home pay of far more when residual and passive private income, plus perks - both taxpayer, and especially lobbyist funded - are factored in. Our President receives a $450,000 annual salary, along with perks including exclusive use of a private jumbo jet and a palacial mansion.

Regardless, by what moral authority can a group of executives who has not paid anything towards their multi-trillion dollar debt or posted an annual profit but 3 times in 40 years, condemn another group of executives for poor financial management? You appear to have missed the point.</description>
		<content:encoded><![CDATA[<p>scenta,</p>
<p>CEO take-home pay in the tens of millions of dollars (which is true of a small number of multi-national, multi-billion dollar companies) is due primarily to stock performance, stock options, bonuses, and other incentives. Most CEOs accept an actual annual salary of a few hundred thousand dollars or less. Personal income tax rates being what they are, it is far more advantageous to accept more tax-advantaged forms of compensation. </p>
<p>Very similarly, our Congressmen receive an actual salary of $165,000 a year, but accept take-home pay of far more when residual and passive private income, plus perks &#8211; both taxpayer, and especially lobbyist funded &#8211; are factored in. Our President receives a $450,000 annual salary, along with perks including exclusive use of a private jumbo jet and a palacial mansion.</p>
<p>Regardless, by what moral authority can a group of executives who has not paid anything towards their multi-trillion dollar debt or posted an annual profit but 3 times in 40 years, condemn another group of executives for poor financial management? You appear to have missed the point.</p>
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		<title>By: Nightly Ramble:Now the season is REALLY on; More bailout blues; more &#124; BitsBlog</title>
		<link>http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/comment-page-1/#comment-75317</link>
		<dc:creator>Nightly Ramble:Now the season is REALLY on; More bailout blues; more &#124; BitsBlog</dc:creator>
		<pubDate>Wed, 03 Dec 2008 21:03:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/#comment-75317</guid>
		<description>[...] ago when Joyner started asking about Intellectual Conservatives.  Anyway; Patrick Mulligan  has a great post on the subject of the bailouts, you should pay attention to: Government officials lecturing anyone on ethics, greed or financial [...]</description>
		<content:encoded><![CDATA[<p>[...] ago when Joyner started asking about Intellectual Conservatives.  Anyway; Patrick Mulligan  has a great post on the subject of the bailouts, you should pay attention to: Government officials lecturing anyone on ethics, greed or financial [...]</p>
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		<title>By: Executive Pay Cuts &#171; from the foothills</title>
		<link>http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/comment-page-1/#comment-75311</link>
		<dc:creator>Executive Pay Cuts &#171; from the foothills</dc:creator>
		<pubDate>Wed, 03 Dec 2008 17:54:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/#comment-75311</guid>
		<description>[...] Executive Pay&#160;Cuts By Publius  [HT: Intellectual Conservative] [...]</description>
		<content:encoded><![CDATA[<p>[...] Executive Pay&nbsp;Cuts By Publius  [HT: Intellectual Conservative] [...]</p>
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		<title>By: scenta</title>
		<link>http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/comment-page-1/#comment-75309</link>
		<dc:creator>scenta</dc:creator>
		<pubDate>Wed, 03 Dec 2008 17:19:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/#comment-75309</guid>
		<description>Dumb. Do elected officials make $50-500 million a year like CEO&#039;s? Would anyone be asking CEO&#039;s to take pay cuts if they made in the low six figures? And how might elected officials go about supplementing their now substantially decreased income?

This is pure knee jerk nonsense.</description>
		<content:encoded><![CDATA[<p>Dumb. Do elected officials make $50-500 million a year like CEO&#039;s? Would anyone be asking CEO&#039;s to take pay cuts if they made in the low six figures? And how might elected officials go about supplementing their now substantially decreased income?</p>
<p>This is pure knee jerk nonsense.</p>
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		<title>By: Random Nuclear Strikes &#187; RNS Quote of the Day: 12/03/08</title>
		<link>http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/comment-page-1/#comment-75307</link>
		<dc:creator>Random Nuclear Strikes &#187; RNS Quote of the Day: 12/03/08</dc:creator>
		<pubDate>Wed, 03 Dec 2008 15:25:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/#comment-75307</guid>
		<description>[...] Patrick Mulligan [...]</description>
		<content:encoded><![CDATA[<p>[...] Patrick Mulligan [...]</p>
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		<title>By: mulerider24</title>
		<link>http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/comment-page-1/#comment-75299</link>
		<dc:creator>mulerider24</dc:creator>
		<pubDate>Wed, 03 Dec 2008 04:08:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/#comment-75299</guid>
		<description>Are you telling me those performance reviews at the DMV are pointless?  What would your business look like if your customers, by law, could not go anywhere else?  I like your commentary but I reserve the right to giggle at the thought of government actually adhering to the same standards of the private markets.</description>
		<content:encoded><![CDATA[<p>Are you telling me those performance reviews at the DMV are pointless?  What would your business look like if your customers, by law, could not go anywhere else?  I like your commentary but I reserve the right to giggle at the thought of government actually adhering to the same standards of the private markets.</p>
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		<title>By: Executive Pay Cuts - Political Fever - The Political Debate Forums</title>
		<link>http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/comment-page-1/#comment-75294</link>
		<dc:creator>Executive Pay Cuts - Political Fever - The Political Debate Forums</dc:creator>
		<pubDate>Tue, 02 Dec 2008 23:40:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/#comment-75294</guid>
		<description>[...] by their performance, and avoid drawing undue attention to the fact with their hypocrisy. Intellectual Conservative Politics and Philosophy        __________________   Walter Mondale: &quot;George Bush doesn&#039;t have the manhood to apologize.&quot; [...]</description>
		<content:encoded><![CDATA[<p>[...] by their performance, and avoid drawing undue attention to the fact with their hypocrisy. Intellectual Conservative Politics and Philosophy        __________________   Walter Mondale: &#034;George Bush doesn&#039;t have the manhood to apologize.&#034; [...]</p>
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		<title>By: Instapundit &#187; Blog Archive &#187; INDEED: &#8220;But what if the government were held to the same standard as private management? If the gov&#8230;</title>
		<link>http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/comment-page-1/#comment-75288</link>
		<dc:creator>Instapundit &#187; Blog Archive &#187; INDEED: &#8220;But what if the government were held to the same standard as private management? If the gov&#8230;</dc:creator>
		<pubDate>Tue, 02 Dec 2008 18:58:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/#comment-75288</guid>
		<description>[...] INDEED: &#8220;But what if the government were held to the same standard as private management? If the government were a private company it would be too broke and uncreditworthy to continue operating. . . . Yet who among the political class – the very managers who remorselessly oversee the financial train wreck in their own institution – has called for a pay or benefit cut for the President or Congress, let alone actually taken one? Which officials have curtailed travel by private jet, forgone their annual salary, or cancelled scheduled retreats and vacations? . . . So in a show of good faith, I would like to see our federal leaders take the lead in fiscal accountability by refusing to accept a salary until, as they&#8217;ve demanded of the automakers seeking a bailout, they can demonstrate a plan to bring their enterprise into the black and repay their debt.&#8221; [...]</description>
		<content:encoded><![CDATA[<p>[...] INDEED: &#034;But what if the government were held to the same standard as private management? If the government were a private company it would be too broke and uncreditworthy to continue operating. . . . Yet who among the political class – the very managers who remorselessly oversee the financial train wreck in their own institution – has called for a pay or benefit cut for the President or Congress, let alone actually taken one? Which officials have curtailed travel by private jet, forgone their annual salary, or cancelled scheduled retreats and vacations? . . . So in a show of good faith, I would like to see our federal leaders take the lead in fiscal accountability by refusing to accept a salary until, as they&#039;ve demanded of the automakers seeking a bailout, they can demonstrate a plan to bring their enterprise into the black and repay their debt.&#034; [...]</p>
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		<title>By: Ivan Ivanovich</title>
		<link>http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/comment-page-1/#comment-75258</link>
		<dc:creator>Ivan Ivanovich</dc:creator>
		<pubDate>Mon, 01 Dec 2008 16:17:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.intellectualconservative.com/2008/12/01/executive-pay-cuts/#comment-75258</guid>
		<description>The private airplane attack on the auto executives is the epitome of demagoguery. Having flown a few times on private aircraft, I can vouch for the efficiency of this form of transportation. Corporate CEO’s are paid big salaries so why should they take an extra day, or more, to fly commercial? It just proves that Barney Frank and his buddies have no solutions and they don’t want to talk about the real world of industry. It is they that need a one way ticket out of  DC.</description>
		<content:encoded><![CDATA[<p>The private airplane attack on the auto executives is the epitome of demagoguery. Having flown a few times on private aircraft, I can vouch for the efficiency of this form of transportation. Corporate CEO’s are paid big salaries so why should they take an extra day, or more, to fly commercial? It just proves that Barney Frank and his buddies have no solutions and they don’t want to talk about the real world of industry. It is they that need a one way ticket out of  DC.</p>
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