Berkeley CSUA MOTD:Entry 52511
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2018/08/20 [General] UID:1000 Activity:popular
8/20    

2009/2/4-9 [Politics/Domestic/President/Clinton] UID:52511 Activity:kinda low
2/3     Well said: "What gets people upset are executives being rewarded for
        failure. Especially when those rewards are subsidized by US taxpayers."
        \_ Turns out, he gets it.
           \_ Talk is cheap.
              \_ Freedom is strength.
        \_ Isn't this something like FDR might have said?
           \_ http://www.hpol.org/fdr/inaug
              Practices of  the unscrupulous money changers stand indicted in
              the court of public opinion, rejected by the hearts and minds
              of men. ... The money changers have fled their high seats in
              the temple of our civilization. We may now restore that temple
              to the ancient truths.
              Obama has a long ways to go to reach FDR's eloquence.
        \_ I'm young and have nothing, thus have nothing to lose
           with Socialism. Bring it on, Socialism is GOOD for us
           Gen-Y and Gen-Z!
           \_ You lie.  We all know you are a bitter old man who is
              convinced his life is hard because he's only in the top 5%.
           \_ Nothing to lose but your FREEDOM!!!!!!
           \_ No, it's bad from Gen-Y and Gen-Z, it's good for baby-boomers.
              Gen-Y and Z have to work to support the older ones. Duh.
        \_ So does that mean the leaders of our failed government will work
           for free? Did Bush turn down his US taxpayer-funded salary for
           screwing the country over? I didn't think so.
           \_ When a President receives a $1m+ retirement package, come cry to
              us.
              \_ They already do.
                 \_ Really? Or are you including book deals, lecture circuit,
                    and think tank stipends?
                    \_ Yes, really.  Here, let me google that for you:
                       http://www.senate.gov/reference/resources/pdf/98-249.pdf
                       We paid Bill Clinton 1.1 million in 2008 alone (and
                       remember, he's still raking in money from the things
                       you mentioned.  The last I heard, he'd made something
                       like 100 million since leavin office, but I haven't
                       like 100 million since leaving office, but I haven't
                       looked into the exact number).  Then there's the value
                       of the other (nonpaid) benefits, such as the secret
                       service detail assigned to him.
                       \_ Read your own material: we paid him a pension of
                          $200k and then we paid other expenses (including
                          $500k in rent; if you want to argue that this is
                          excessive, fine, I tend to agree, let's cap that,
                          but it's not his pension). We did not give him a
                          goodbye golden parachute of even $1m.
                          \_ Wait -- so we're paying him $1m *every year* and
                             you don't want to call that a $1m retirement
                             package because in your head only the first
                             $200k we pay him counts?  okay...
                          \_ I read and understood it, but apparently you
                             believe that a "retirement package" consists
                             solely of a one-time payment when employment
                             ends?  Clinton has been paid $8 million by the
                             federal government since leaving office.  During
                             this same time period, George H.W. Bush has
                             been paid $5.5 million, and Carter has received
                             $4 million.  I believe these all qualify as
                             presidents receiving "a $1m+ retirement package".
                             They don't work for the federal government
                             anymore (hence "retirement"), and the total
                             they've been paid since that retirement began
                             is greater than $1million (for each of them).
                             Most executive golden parachutes are structured
                             the same way (with some expenses itemized, and
                             being paid in later years).
                             \_ You average retired army sergeant lives another
                                30 years and pulls down $35k/yr. I guess that
                                is a "$1m pension" and obscene, by your
                                standards.
                                \_ Your comment contains my answer.  When
                                   the value of a retirement package is being
                                   expressed across the life of the recipient,
                                   it is usually expressed as one dollar
                                   amount.  When it is expressed as the annual
                                   value, it is customary to describe it as
                                   per year (whether you are a former
                                   president, former CEO, or retired army
                                   sergeant).  Either is simply a factual way
                                   of describing it.  So yes, a $35k/year
                                   pension could also be described as having a
                                   $1 million total value (but no, I wouldn't
                                   describe $1 million over 30 years as an
                                   obscene retirement package for anyone).
                                   Since Bill Clinton's retirement package
                                   can be described as $1 million per year,
                                   as well as (well over) $1 million total,
                                   my initial comment that we already have
                                   former presidents receiving $1 million
                                   retirement packages holds true even if you
                                   are incapable of making this distinction.
2018/08/20 [General] UID:1000 Activity:popular
8/20    

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2009/2/27-3/6 [Politics/Domestic/California, Reference/Tax] UID:52655 Activity:low
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Cache (8192 bytes)
www.hpol.org/fdr/inaug -> www.hpol.org/fdr/inaug/
Challenge of Democracy Banner At this site, you can listen to Chief Justice Charles Evans Hughes administer the constitutional oath of office to Franklin Delano Roosevelt as it occurred on March 4, 1933. Listening to this audio file requires installation of the free RealAudio Player. President Hoover, Mr Chief Justice, my friends: This is a day of national consecration, and I am certain that my fellow Americans expect that on my induction into the Presidency I will address them with a candor and a decision which the present situation of our nation impels. This is pre-eminently the time to speak the truth, the whole truth, frankly and boldly. Nor need we shrink from honestly facing conditions in our country today. This great nation will endure as it has endured, will revive and will prosper. So first of all let me assert my firm belief that the only thing we have to fear. nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance. In every dark hour of our national life a leadership of frankness and vigor has met with that understanding and support of the people themselves which is essential to victory. I am convinced that you will again give that support to leadership in these critical days. In such a spirit on my part and on yours we face our common difficulties. Values have shrunken to fantastic levels: taxes have risen, our ability to pay has fallen, government of all kinds is faced by serious curtailment of income, the means of exchange are frozen in the currents of trade, the withered leaves of industrial enterprise lie on every side, farmers find no markets for their produce, the savings of many years in thousands of families are gone. More important, a host of unemployed citizens face the grim problem of existence, and an equally great number toil with little return. Only a foolish optimist can deny the dark realities of the moment. Compared with the perils which our forefathers conquered because they believed and were not afraid, we have still much to be thankful for. Nature still offers her bounty and human efforts have multiplied it. Plenty is at our doorstep, but a generous use of it languishes in the very sight of the supply. Primarily, this is because the rulers of the exchange of mankind's goods have failed through their own stubbornness and their own incompetence, have admitted their failures and abdicated. Practices of the unscrupulous money changers stand indicted in the court of public opinion, rejected by the hearts and minds of men. True, they have tried, but their efforts have been cast in the pattern of an outworn tradition. Faced by failure of credit, they have proposed only the lending of more money. Stripped of the lure of profit by which to induce our people to follow their false leadership, they have resorted to exhortations, pleading tearfully for restored conditions. They know only the rules of a generation of self-seekers. They have no vision, and when there is no vision the people perish. The money changers have fled their high seats in the temple of our civilization. The measure of the restoration lies in the extent to which we apply social values more noble than mere monetary profit. Happiness lies not in the mere possession of money, it lies in the joy of achievement, in the thrill of creative effort. The joy and moral stimulation of work no longer must be forgotten in the mad chase of evanescent profits. These dark days will be worth all they cost us if they teach us that our true destiny is not to be ministered unto but to minister to ourselves and to our fellow-men. Recognition of the falsity of material wealth as the standard of success goes hand in hand with the abandonment of the false belief that public office and high political position are to be values only by the standards of pride of place and personal profit, and there must be an end to a conduct in banking and in business which too often has given to a sacred trust the likeness of callous and selfish wrongdoing. Small wonder that confidence languishes, for it thrives only on honesty, on honor, on the sacredness of obligations, on faithful protection, on unselfish performance. Restoration calls, however, not for changes in ethics alone. This is no unsolvable problem if we face it wisely and courageously. It can be accompanied in part by direct recruiting by the government itself, treating the task as we would treat the emergency of a war, but at the same time, through this employment, accomplishing greatly needed projects to stimulate and reorganize the use of our national resources. 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If I read the temper of our people correctly, we now realize, as we have never realized before, our interdependence on each other: that we cannot merely take, but we must give as well, that if we are to go forward we must move as a trained and loyal army willing to sacrifice for the good of B Coine, becaus =Dithout such discipline, no progress is made, no leadership becomes effective. We are, I know, ready and willing to submit our lives and property to such discipline because it makes possibly a leadership which aims at a larger good. This I propose to offer, pledging that the larger purposes will hind upon us all as a sacred obligation with a unity of duty hitherto evoked only in time of armed strife. With this pledge taken, I assume unhesitatingly the leadership of this great army of our...