infinity ag said:
BigRobSA said:
infinity ag said:
BigRobSA said:
Madagascar said:
The thing that I puzzle over the most is would it really bankrupt a company so badly to hire American? You would think with American talent, the company would actually achieve more and win more business. The Indian drones just run the company into the ground and the csuite runs off with their winnings.
How do we promote the capitalistic side of the argument to hire Americans? Trump can only do so much on the legal side.
1) Gut the corporate hierarchy to where people "higher up" actually had to work.
2) What little hierarchy is left should be hired from within, hopefully ensuring the employment of people that actually understand the business. Protip, from experience: People with MBAs are usually less capable, from an intrinsic value aspect, if hired from outside with no industry experience.
3) Work to convince the BoDs to actual care about the long term health of the company, not just pumping it for a quick profit for their own pockets. <--- no idea how to do this
What you say may work, but why would they change anything when they can make money and scoot? Nothing will change by itself. They are actually incentivized to keep things this way.
Only way to change is if laws change that disincentivize or criminalize this behavior. The fear of spending hours counting bars on a cold hard floor does wonders.
Only Trump can affect change. He already has them squealing with his law changes and 100k fee. He has to do more.
If investors were smarter, they would band together and make the changes via their votes in shareholder meetings. But too many of them are just as stupid and for-the-now as the c-suite morons and aren't for the long term health of the company, either. But, you're right, the c-suite/BoD idiots won't make the needed changes themselves, I'm just against govt interference as it is always worse than you'd ever dream it could be. Always.
I am sorry but this is just dogma. Govt interference is frequently bad but many times it is needed and the ONLY way to make an improvement. You cannot rely on "free market" (no one seems to know what that is, everyone makes up their own definition).
If govt does not interfere, then the powerful will get more and more powerful in an exponential way. This hurts the country as a whole. The only power who can fix this is the government.
If you don't agree, tell me what else can possibly change things. Don't say "CEO" or "Board" because they are all corrupt and looking for a cash grab. There has to be something/someone who pushed things against the interest of the C level.
Govt is NEVER the answer.
Name the one thing they've done that has bettered the situation. Every time they get involved, it worsens things. Often, not just the thing they're trying to fix.
I don't know the answer, other than "Not government involvement.". I think McNasty's idea above may help, using the already instituted interference:
Quote:
Adjust the rates and terms of long term capital gains taxes? Maybe there's a tipping point where shareholders and c Suite would be incentivized to hold longer.
We need less govt, not more.