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SILVERWOODSTUDIO
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3/15/2019 5:35:32 PM
Massacre in Christchurch New Zealand (my hometown)

6/21/2018 7:42:54 PM
DESPERADO REVUE STATIONS

12/6/2017 5:55:15 PM
A better year ?

7/15/2016 5:21:54 PM
the future for online digital sales

5/27/2016 4:27:39 PM
OSAMA BIN LADEN

6/1/2015 7:13:30 PM
say something

12/21/2014 5:32:06 PM

7/24/2014 3:58:51 AM
here is the New Album from THE HONEYSMITHS released today, Party at Rhythm and Brown Saturday 8 pm

2/3/2014 4:29:17 PM
My Country (New Zealand)

12/8/2013 12:55:20 PM
Huge success for IACs Diva------ Renee Maurice

10/4/2013 8:41:45 PM
Lordenumber one on billboardand from New Zealand-the song Royal

5/22/2013 2:57:48 PM
perpetual membership

2/10/2013 4:51:12 PM
bragging rights?

1/23/2013 5:22:56 PM
Dolls on Parade vid

1/3/2013 2:31:46 PM
Music that changes cultures

12/23/2012 1:41:12 PM
Re the NRA and the gun lobby---and Steves post

12/19/2012 3:06:18 PM
Christmas in the South Pacific

11/13/2012 12:11:51 PM
this is true aural art IMO

9/17/2012 4:26:24 PM
Richard Scotti---Silver Wood

8/17/2012 2:40:32 AM
Something different---teaching music to Solomon Islands students

7/31/2012 6:40:26 PM
Grandchildren

7/5/2012 5:20:13 PM
we met this guy at McCabes-- a blues/Roots legend

5/7/2012 3:14:26 PM
The Sad Songs

3/8/2012 3:58:39 PM
other hobbies

1/29/2012 2:33:20 PM
MUSIC WITH BALLS!

1/19/2012 3:40:05 PM
THE ROAD TO THE SEA (a fairy tale)

1/5/2012 3:14:03 PM
EPITAPH

10/17/2011 3:16:09 PM
Time out!

10/10/2011 4:31:02 PM
Ship wreck off NZ coast--environmental disaster pending!!!!

8/30/2011 5:10:55 PM
The most fun with Music

7/25/2011 3:53:18 PM
the art of mime--some light relief

7/15/2011 6:48:45 PM
Status; success breeds success?

7/12/2011 3:07:00 PM
Musicians help earthquake victims in Haiti

7/9/2011 6:05:14 PM
wild boar hunting

6/19/2011 4:16:38 PM
Amy AMY-oh no!

6/13/2011 2:44:02 PM
2 more huge aftershocks--- 5.5 and 6.0

6/7/2011 6:09:41 PM
Adds on IAC--- big improvement

5/25/2011 7:50:30 PM
FREE BEER!!

5/21/2011 5:26:27 PM
Nigel Savage---anyone know where he is???

5/11/2011 3:36:05 PM
back to the 80s

5/9/2011 3:43:32 PM
Small Towns and Ballgowns tour

4/26/2011 6:10:39 PM
We visit our Hometown (Christchurch)

4/8/2011 5:45:05 PM
Lets talk accoustic guitars!!!!

4/6/2011 8:33:15 PM
totally chuffed

4/5/2011 2:23:22 PM
Daily Plays Log

3/14/2011 1:52:41 PM
New Members

3/2/2011 2:36:41 PM
MY HOMETOWN

2/21/2011 11:25:33 PM
Earthquake in New Zealand

2/16/2011 2:50:10 PM
World Music---the zoo

2/8/2011 2:49:04 PM
the Nobodies curse !

2/3/2011 1:36:56 PM
Boring---- but probably true

1/28/2011 1:09:37 AM
persistence---!!

1/24/2011 1:36:07 PM
welcome back

1/24/2011 1:28:00 PM
life goes on---

12/14/2010 3:07:14 PM
Demo DVD for new Blues tune

12/8/2010 5:35:55 PM
IAC Conference pics!

12/1/2010 4:28:30 PM
lLightning does strike twice!

11/8/2010 11:32:52 PM
farmers market gig

11/8/2010 11:16:50 AM
we are back

10/4/2010 1:52:11 PM
Guerilla Busking

9/18/2010 5:26:40 PM
Milestones

9/3/2010 2:46:22 PM
earthquake in New Zealand

8/30/2010 4:56:19 PM
our trip to Conference on National Radio New Zealand !

8/21/2010 5:52:09 PM
sold # MP3S

8/16/2010 6:29:20 PM
Can you drive a car?

7/26/2010 1:48:33 AM
lonely?

7/19/2010 3:22:22 PM
Come together 10/10/10

7/10/2010 4:51:46 PM
oil

6/16/2010 3:27:45 PM
aFFORDABLE mASTERING (wav files)

6/13/2010 4:02:49 PM
BP oil disaster ---thanks to Bushco!

5/24/2010 3:39:25 PM
aRT OF THE IMAGINATION

5/12/2010 6:15:09 PM
Long Shadows (dark lyrics)

5/2/2010 11:03:14 PM
Locutus

4/25/2010 3:11:56 AM
elephant

4/8/2010 7:44:41 PM
Young IAC Artist hospitalised---

3/16/2010 3:41:31 PM
new header---what d'ya think?

2/28/2010 2:48:06 PM
taking a break---

2/13/2010 4:32:58 PM
for Frater (Never Never band)

2/3/2010 3:24:22 PM
vids / dvds gone!

1/27/2010 6:18:35 PM
to the stationmasters here!!

1/23/2010 2:53:04 PM
LYRICAL CONTENT?

1/17/2010 2:38:19 PM
This is weird!

1/8/2010 8:03:29 PM
a damn good day!

12/1/2009 9:48:21 PM
the Future of Music? the eigenharp

11/16/2009 5:10:42 PM
EVERYWHERE THE MUSIC PLAYS

10/22/2009 4:57:28 PM
---lets all hold hands--

9/29/2009 2:30:37 AM
WOODSTOCK ANNIVERSARY / WESTFEST (San francisco)

9/25/2009 6:13:37 AM
' Membrane Over Liquid Dreaming'

9/14/2009 10:35:00 PM
creative energy

8/30/2009 11:39:46 PM
I got so mad I ripped off his arms-

8/28/2009 5:12:35 AM
VIP Gig

8/16/2009 10:39:27 PM
trojan warning

8/14/2009 4:01:07 AM
Hecka rush of blood

8/9/2009 12:31:50 AM
a poem

8/4/2009 2:51:27 AM
horror storyin 2009!!!

7/13/2009 11:11:36 PM
pop ups

7/8/2009 10:49:49 PM
how many sites?

6/7/2009 11:00:08 PM
looking up!

5/18/2009 9:51:33 AM
IN STEREO -do your speakers rattle?

5/17/2009 10:58:31 PM
the true "Spirit of Indie"

5/7/2009 12:38:30 AM
New Zealand Music Month! 10 FREE SONGS!

5/1/2009 12:19:17 AM
Melody Gardot on my radio!

4/28/2009 12:25:33 AM
169,354 seems a big jump!

4/11/2009 11:59:11 PM
Recording at Big Totara!

4/3/2009 12:00:37 AM
Comedy Charts-Man in a Shack #1

4/1/2009 2:41:31 AM
April Fools Day!

3/22/2009 9:32:54 PM
IAC Cash Stream-

3/20/2009 9:12:58 PM
Can ewe handle this--extreme sheep!!!!

3/15/2009 11:49:06 PM
recession causing 'net closures

3/9/2009 8:44:28 PM
singing through a megaphone-

3/6/2009 11:00:13 PM
tHE gREAT dIVIDE -(aPOlogies To PhlEGm)

3/6/2009 8:52:40 PM
Mother of all funk chords---9th?

3/2/2009 10:44:01 PM
POETRY AND PROSE

2/27/2009 11:31:50 PM
OUTDOOR ARENAS

2/23/2009 10:07:45 PM
remember -- Jackson Brown?

2/18/2009 10:44:17 PM
What's in a name?

2/13/2009 1:52:36 PM
STARJAM

2/9/2009 4:09:35 PM
Got a Sad Song?

2/9/2009 1:33:46 PM
Australian bushfires!

2/4/2009 1:57:59 PM
$500,000 limit?

1/29/2009 5:13:15 PM
Plays per month and $2.00 song

1/22/2009 1:09:18 PM
Boatshed studio finished!!

1/20/2009 1:04:19 PM
congratulations America!!!

1/19/2009 1:43:52 PM
adding backing vocals to a song !

1/18/2009 12:56:14 PM
COMEDY GENRE

1/10/2009 3:47:05 PM
Loris vocals!

1/4/2009 2:02:09 PM
first #1 for 2009!! Comedy!!!

12/23/2008 6:25:23 PM
To the staff and managment at IAC

12/16/2008 6:08:19 PM
MERLIN-Represents independent labels -wins award

12/14/2008 4:25:04 PM
50 cents all mp3s

12/6/2008 2:19:55 PM
Secrets of Station Success!!

11/27/2008 1:05:00 PM
For those that think-

11/20/2008 3:04:26 PM
SAD SONGS

11/12/2008 1:58:03 PM
"Trolls" What are they? can they drive away listeners?

10/28/2008 6:19:26 PM
DO I ?

10/18/2008 3:12:42 PM
Raymond Porter interviews Silverwood!

10/8/2008 2:56:44 PM
-with a little help from my friends!!

9/26/2008 4:14:22 PM
station change

9/25/2008 3:10:52 PM
The White House 2010??

9/22/2008 5:20:38 PM
are you a US taxpayer?

9/20/2008 3:46:52 PM
first #1 in 2008

9/17/2008 6:39:31 PM
Smoke on the WaterJapan!

9/15/2008 2:16:22 PM
Wall street crashes?

9/11/2008 1:29:36 PM
aussies and kiwis lost IAC

9/2/2008 3:05:34 PM
the FLOOD!

8/29/2008 4:24:06 AM
what would you do?

8/13/2008 1:49:45 PM
Lace #1 in Classic / Prog Charts

8/7/2008 4:32:59 PM
nothing really changes ?

8/4/2008 4:02:37 PM
SUCCESS IN STATION CHARTS--ARE YOU-?

7/26/2008 4:46:16 PM
Billy the Kid

7/23/2008 3:51:34 PM
-first lamb spring?

7/22/2008 2:56:28 PM
this is quite funny (I think)

7/17/2008 2:46:24 PM
Robert Johnson!

7/16/2008 3:28:35 PM
city /country divide

7/14/2008 3:06:41 AM
Organic Sounds?

7/3/2008 4:12:06 PM
rebuilding boatshed studio

6/18/2008 2:21:48 PM
robot band-future of music?

6/17/2008 3:17:24 PM
ethics or morals in tunes!

6/13/2008 7:47:59 PM
-hard to get back into it!!

5/29/2008 7:27:28 PM
last day!

5/20/2008 2:29:54 PM
renee goes prime!!

5/8/2008 3:10:32 PM
introducing my friend "Katus"

5/6/2008 4:11:54 PM
interview at local paper today----

5/5/2008 2:42:34 PM
HOLLOW VICTORY (the antidote)

5/4/2008 9:56:00 PM
Flight of Conchords-- Site Here at IAC---Debut at No # 3 in US album charts!!

4/29/2008 3:37:29 PM
SILVERWOOD MUSIC *** HALF PRICE*** 8 days left!!!

4/23/2008 8:28:13 PM
New Zealand in 3 mins!

4/22/2008 6:02:33 PM
Station Charts------ Argy Bargy!!

4/20/2008 12:35:33 AM
Good News (prime)

4/7/2008 5:02:37 PM
those songs that no one else seems to love--THE BLACK SHEEP STATION

4/2/2008 1:28:02 PM
Silverwooders on the road---- West Coast New Zealand

3/26/2008 6:17:28 PM
"Destiny"

3/17/2008 4:55:20 PM
the Elephant in the Room!

3/3/2008 12:34:42 PM
Advertising commissions/accidents

2/27/2008 3:59:19 PM
FANS

2/20/2008 1:58:34 PM
trying to find good in bad!

2/11/2008 11:48:51 AM
Multi -Tasking!

2/8/2008 12:34:03 PM
Marlborough Wine Festival!

2/2/2008 4:21:37 PM
true love

1/27/2008 12:14:07 PM
selling MP3s online

1/24/2008 1:24:07 PM
how many genres?

1/23/2008 1:01:17 PM
Update; International Artists CD.

1/21/2008 12:58:52 PM
New outrageous Irish music from the Preludes!

1/20/2008 3:40:59 PM
wow 17th Jan!!

1/16/2008 6:21:40 PM
what happens when you can't find your smokes?

1/13/2008 1:54:27 PM
Mt. Everest conquerer dies---

1/6/2008 4:39:10 PM
--------musical commissions-------

1/4/2008 5:38:06 PM
----back very soon----

12/23/2007 5:20:08 PM
Big Names---

12/10/2007 7:38:52 PM
buying Mp3s for xmas CD promo!!

12/3/2007 8:00:28 PM
the new "Hairdressers"

11/25/2007 3:30:27 PM
Australian election

11/23/2007 3:52:12 PM
Meet Garbageman!

11/12/2007 3:50:22 PM
Weddings are Amazing----------!

11/5/2007 8:03:29 PM
what is the best 2 chord song (not 3) in your opinion?

11/2/2007 4:49:54 PM
--------To America?

10/31/2007 5:10:34 PM
The most rewarding Music------!!!

10/25/2007 5:18:35 PM
---is there a Tipping point?

10/22/2007 5:17:36 PM
we just sold------

10/21/2007 7:52:32 PM
World Genre!

10/17/2007 6:16:36 PM
white is turning black-----

10/14/2007 10:14:09 PM
all genres charts-----27,950 songs

10/11/2007 5:57:00 PM
"Nobody" is back!

10/9/2007 8:41:14 PM
57,719--------577,190

10/6/2007 7:12:50 PM
Tradgedy!!

10/6/2007 4:23:26 AM
GONDWANA No1 in "World"

9/30/2007 5:47:47 PM
new artist---Renee from "WAR CHILD"

9/23/2007 11:52:05 PM
guitar tunings----and capos!

9/19/2007 7:35:01 PM
does chart success increase plays?

9/16/2007 9:50:26 PM
Rugby World Cup Showdown!

9/12/2007 6:13:03 PM
daily plays----

9/7/2007 6:10:33 PM
round the campfire in our grass skirts--------!

9/6/2007 10:22:34 PM
thanks for George!

8/26/2007 8:14:43 PM
Guitar strings?

8/24/2007 6:30:28 PM
14 weeks at # 1 !

8/22/2007 7:23:27 PM
welcome "Flight of The Concords"

8/14/2007 11:00:13 PM
----remember Firefly??

8/9/2007 5:38:12 PM
Dylan concert here last night!

8/6/2007 6:45:46 PM
lookin' for Bob Dylan

8/2/2007 6:29:17 PM
Flight of the Concords take New York!

7/30/2007 5:50:40 PM
"Hairdressers"11 weeks at #1

7/21/2007 8:57:07 PM
deleting links---------

7/18/2007 6:15:38 PM
Boar hunting song--------

7/16/2007 7:14:55 PM
one week--------

7/13/2007 5:17:17 AM
recording---back soon---

7/2/2007 7:05:33 PM
Hairdressers (live genre)

6/22/2007 9:55:38 PM
Gig stopped by fire brigade!

6/15/2007 9:23:14 PM
Murphys Law!

6/9/2007 7:55:29 PM
The Nobody hits no.1

6/8/2007 2:01:50 AM
WAR CHILD SENSATIONAL SUCCESS!!!!!!

6/4/2007 7:50:36 PM
display ART!

6/3/2007 7:26:35 PM
pass the smelling salts!

6/2/2007 1:24:28 AM
"the Nobody" 3050 unique plays in May!

5/26/2007 5:14:35 PM
NZ music month!

5/20/2007 8:07:04 PM
1300 plays this month

5/18/2007 8:44:14 PM
the art gallery

5/16/2007 7:10:16 PM
Nobody will survive!

5/12/2007 6:51:56 PM
first no.1

5/9/2007 6:03:39 PM
"hairdressers' need help!

5/6/2007 10:33:07 PM
Better than Music?

5/2/2007 7:34:01 PM
get your music heard!

4/29/2007 7:05:48 PM
teaching IHC students

4/22/2007 9:13:56 PM
Didgereedoo sound 4000 years old!

4/8/2007 11:13:56 PM
stations!!!

4/2/2007 5:44:02 PM
feedback?

3/27/2007 8:07:40 PM
help!

3/24/2007 8:35:57 PM
UGLY & ANGRY!

3/21/2007 7:25:58 PM
Bob Dylan rising!!

3/14/2007 5:33:56 PM
How many Sites?

3/4/2007 7:31:08 PM
All along the Watchtower!

2/27/2007 9:34:49 PM
Bob Dylan Tribute

2/23/2007 6:32:47 PM
Coastline

2/20/2007 8:24:52 PM
Aussies, Kiwis, Pacifica!

2/19/2007 4:22:30 PM
only 2 hits!

2/16/2007 4:47:51 PM
Organic Sounds eg Didgereedoo

2/15/2007 5:02:26 PM
Accidently deleted "the Nobody"

2/14/2007 3:32:17 PM
LAID BACK LIFE

2/12/2007 5:21:10 PM
Ruled by a Baboon?

2/8/2007 4:00:41 PM
Top 50 stations

2/6/2007 4:46:59 PM
Is rock becoming middle class?

2/1/2007 10:30:59 PM
Prime

1/28/2007 3:59:39 PM
we need 8 songs!

1/25/2007 10:38:05 PM
Scary Stations

1/12/2007 5:38:34 AM
Left Handed Musicians

1/12/2007 5:38:10 AM
Left Handed Musicians

12/31/2006 5:31:20 PM
PROTEST MUSIC

12/12/2006 4:00:36 PM
Home recording!

12/12/2006 4:00:19 PM
Home recording!



IndieMusicPeople.com

IAC Prime Member

   

SILVERWOODSTUDIO

2/4/2009 1:57:59 PM

$500,000 limit?
WASHINGTON (AFP) - President Barack Obama Wednesday clamped a half million dollar cap on pay for executives of stricken finance firms who ask taxpayers "hat in hand" for bailouts, in a new bid to tame Wall Street excess.

The president also promised that the Treasury would next week unveil a new strategy designed to free up frozen credit markets, in a bid to ignite lending and consumption as the worst economic crisis since the 1930s bites.

"What gets people upset and rightfully so are executives being rewarded for failure, especially when those rewards are subsidized by US taxpayers," Obama said at the White House.

"For top executives to award themselves these kinds of compensation packages in the midst of this economic crisis is not only in bad taste it's a bad strategy and I will not tolerate it as president."

Under the new rules, bosses of companies benefiting from support from the Treasury would be paid no more than 500,000 dollars a year, Obama said.

unquote!!!-


My Comment-this shows just how far the super rich have come since the 1980s

the average "WAGE" in my country (New Zealand) is about $35,000 which is worth around
US$17,500 -???

therefore $500,000 still is a FREAKIN huge amount to be paying these "NEW ROYALTY"

what do ewe earn? (by comparison)


Add Comment

The CODE

2/4/2009 2:11:35 PM


We don't do this for the Money...Only for the Fame!

$500,000 would go a long way right now!

*Robbing Thieving Bastards - Me thinks!


Add Comment

Kevin White

2/4/2009 3:31:44 PM


500k seems excessive, but they were making 10x that while driving their company under.

Both sides of the fence agree the move is appropriate.

The cap vanishes once they've paid the U.S. Taxpayer back. It's pretty simple, actually ...

... and is both politically and socialogically brilliant.

In his words:

"This is America, we don't disparage wealth ... what gets people upset, and rightfully so, is executives being rewarded for failure. Especially when those rewards are subsidized by U.S. taxpayers," he said.

A wholly sensible move by the President. I'm getting to like this guy.

It was the right thing to do.

K-


Add Comment

SILVERWOODSTUDIO

2/4/2009 4:48:32 PM


Thanks Colin and Kevin

yeah I AGREE---but $500,000 is still an OBSCENE amount to pay for failure?

My point is ----how these amounts have ratcheted up over time ----so that now we accept these guys are our betters, and deserve to live a better life, and be paid far more than the rest of us peasants!!!

Just like the old royalty!!!

Note; the French and the Russians killed off these types in their respective revolutions


Add Comment

Kevin White

2/4/2009 5:00:30 PM


Yes, they did ... but there is a difference.

In the old way, birthright determined ...

In the new way ... one must earn ones' position.

K-


Add Comment

The Man With No Band

2/4/2009 5:59:20 PM



'In the new way ... one must earn ones' position."

Bwahahahahahahahahahahahahahaha !!!!!!


Add Comment

Kevin White

2/4/2009 6:59:31 PM ---- Updated 2/4/2009 7:02:02 PM


Please illuminate, Sam.

It's not birthright, per lineage, per se.

One must make their way up through the ranks ... to some extent or another ...although that's not to say that it isn't a bit of a clubhouse mentality that occurs once one gets there.

But ... what did you mean?

Best,

K-


Add Comment

The Man With No Band

2/4/2009 7:48:54 PM ---- Updated 2/4/2009 7:51:29 PM


Kev ... I'm sorry ... but that was the funniest thing I have read in quite some time ...

For every one of those guys that actually earned their position, I'd be willing to wager that at least 10 did not and perhaps more ...

Since I can only explain my position on things from first hand experience I shall relate a story here ...

When I read your statement it brought me back to an incident in my youth ...

When I left my parents house I was just at the age where boys like hot-rods ... and it was the era of street racers ... I fell in with a group of guys that ruled the street scene ... most of them came from fairly well off families ... I was allowed into their little "club" for two reasons, one, I had one hell of a car, two, I was a pretty sharp mechanic and loved getting greasy ...

There was one guy who always had top-notch gear ... He was the first actual "Rich" kid that I knew, that was allowed to run with the scruff ... His father was vise-president of a very large bank ... We were all allowed to meet at his house, where there was sort of a bungalow in the rear of the place that had it's own drive, as well as a garage where we worked on our cars ... We seldom saw his parents but they seemed like amiable people and I was kind of taken aback by the fact that they seemed to accept us ... All of the guys kind of became this tight knit family, and for someone whose own family was at odds with him it was really something special ...We hung around together for a couple of years ... Then all at once Tim got sent off to school and the doors closed and the chapter was over ...

Fast forward a few years ... I heard that Tim was in town so I thought I'd go say hi ... I drove into the property and instead of driving around to the bungalow I parked in the front drive and approached the door ... I was met by a servant who treated me like I was less than human ... informing me that unless I had an appointment to see anyone at the house that I was to leave the premises at once and I was never to drive "that contraption" onto the grounds again ...

I tried to explain that I had been friends with Tim and that I had just stopped by to say hello ... but he told me he knew all of Tim's friends and I was certainly not one of them ... Finally Tim came to the door ... He acted like he did not even know me ... He would not look me in the face ... he acted embarrassed that I had shown up and he rudely ask me what it was that I wanted ... and it just went downhill from there ... I left kind of in shock

I ran down one of the others in our old group and ask him what the hell was up with Tim ? I told him what had just happened ... He said ..."man, don't you get it .. the only reason Tim's folks let him hang with us is to sow his wild oats ... Didn't you ever notice we were never allowed near the main house, and had to come and go through the back drive ? ... We weren't people, we were just playmates for the bored rich kid " ... He then went on to tell me after Tim got back from school that his father had told him ... "Son ... the only thing you have to do to earn a spot at the bank which will eventually lead to you taking over my position is to cut ties with the riff raff gang"

... and that is how Tim actually "earned" the position he now holds ... Vice President of the 4th National Bank ...


So you see ... it is by lineage that these people "earn" their respective positions ... and almost every congressman or anyone in high office got there through lineage also ... there are a few exceptions ... but very few


Add Comment

Kevin White

2/5/2009 5:29:40 AM


That's sort of a "family business" story, Sam ... and it absolutely goes on ... everywhere. Tim was brought up in Daddy's biz, and benefited from the nepotism that pervades certain situations. But on scale, that's sort of a "local" issue with a relatively small business.

OTOH, when talking about major corporations, it's ain't as so much the family biz. It wasn't until recently that another Ford ran, well, Ford. Sure there were probably lots of family in the ranks somewhere, but few at the top.

My first hand story could tell of my Uncle Jack ... who started as a lowly accountant for American Express, worked hard and eventually rose to the position of Chief Financial Officer for the company. He didn't have any family pulling him up .. he comes from humble Boston Irish roots ... solid middle class.

I'll bet if you read the bios of most CEO's of big corporations, you might find that family might of had next to nothing to do with them rising to their positions. Pick a few companies, go to their Investor Relations pages online and read about upper management. Family businesses, yeah ... all the time. Corporations? I don't think so much.

OTOH ... if you notice once they arrive in their positions, and they become "known" in the top circle of business -- the boardrooms of America, where candidates are selected by the corporate boards, you'll find that there is an unsettling clubhouse mentality that goes on. Once a CEO gets the job, politics are played, and the CEO generally pads the boards with friends so as to both better secure their position as well as stack the deck for the board to provide exceedingly liberal compensation packages that insure wealth for the CEO, even if the CEO drives the company under.

It's that sort of nonsense that makes the blood of the average worker boil.

It's also why what the President did was spot on.


Kev-


Add Comment

satch

2/5/2009 6:10:56 AM


It's a start, moving in the right direction. But imo 500k is still hugely excessive.

I have, for many years, said that, just as we now have (at least in the European Union) a legal minimum wage for workers, we should have a legal maximum wage for all.


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Kevin White

2/5/2009 6:27:02 AM ---- Updated 2/5/2009 6:28:21 AM


The max pay cap philosophy was originally embraced, then abandoned by several socially progressive companies ... because they couldn't compete for top talent against their competitors.

From Time Magazine:

Over the years a few companies have put CEO pay caps in place, but many have either abandoned or raised them in the face of competition. Socially progressive Ben & Jerry's, which for a decade capped executive pay at seven times the salary of the lowest-paid worker, dropped the provision in 1994 when it sought a CEO to replace co-founder Ben Cohen. Whole Foods Market, the popular organic supermarket chain, has raised its cap twicefrom 8 to 1 in 1997, to 14 to 1 today, though that's still considered low.

Other thoughts:

Pay experts point out that CEOs are like free agents in sports, and that you can't fault them for taking big packages (within legal boundaries) any more than you can wonder why A-Rod cashes his paychecks.


Free market means free market, for better or worse.


Unless of course, you want a government bailout ... then it's lose pay to play.


Kev-


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Conversation Suicide

2/5/2009 6:50:55 AM ---- Updated 2/5/2009 6:52:31 AM


REAL and Effective Socialism is what's needed my friends.

Redistribution of the WEALTH.

Capitalism is seriously flawed, due to human GREED.

The "good ole boy" network is where at LEAST 95% of the super rich come from Kev. The Connected. Nepotism, and Similar.

Nice try though, with your "they earned it" statement.

They earned it, on WHOSE backs?


Whoops my how time flies!!! S'cuse my bitterness Kev, but I"m off to my slave-wage day job....


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Kevin White

2/5/2009 7:12:17 AM


Same thing with music, right?

Never any good ones make it anymore ... it's all who you know.

K-



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The Man With No Band

2/5/2009 8:23:19 AM ---- Updated 2/5/2009 8:46:36 AM


Kev .... the 4th National Bank of America is anything but a family business ....


I just did some checking ... the Bank is now just called "Bank of America" ... One of the LARGEST Corporations in America


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Kevin White

2/5/2009 8:51:55 AM ---- Updated 2/5/2009 9:00:46 AM


That's interesting, Sam ... must have been a buyout.

I wonder where Tim fell in the process/mergers? I wonder if, when the big fish swallowed the small one, his family ties held him safe?

I'd google his name and see if you find him and where he landed in the shakeups. If he's "notable", there's probably some information out there on him.

Kev-


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SILVERWOODSTUDIO

2/5/2009 1:53:12 PM


Satch

thanks for "getting" my point

Kev! this planet has finite resources----money represents some of these!!

It is impossible mathmatically to have exponencial growth at the top of the economy ---banks corporations etc without it effecting those at the bottom!!!

The argument for higher pay for executives "pay peanuts and get Monkeys"

is a fallacy----actually no matter what they are paid almost ALL execs are like sheep they find an "Ideal" eg the FREEMARKET and they blindly follow each other in that philosophy----

There is still no one in power with the guts (or imagination) to say

"the emperor has no clothes" we are still trying to prop up free Market idealism
when it has clearly failed

At the moment the poor (taxpayers) are subsidising the Rich!

Your turn!


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Kevin White

2/5/2009 3:15:28 PM ---- Updated 2/5/2009 3:18:51 PM


Personally, I agree that execs are paid too much for what they do.

But I also think in a free market, there's absolutely nothing that can be done about it.

Executive pay, though, is different from the subject of corporate welfare ... which is controllable by government.

Kev-


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SILVERWOODSTUDIO

2/6/2009 12:55:02 PM


I think that in a few months-------as these payouts fail to actually save--

"Disaster Capitalism" as we call the Bushco Neocon model---

ordinary peoples (programmed) acceptance of the Status Quo will be severely tested-----

I'll get back to ya in 6 months!!!


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Holo Lukaloa

2/6/2009 1:59:43 PM


The Republicans are actually opposing these limits.

http://www.huffingtonpost.com/2009/02/06/gop-opposes-pay-limits-on_n_164544.html


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Kevin White

2/6/2009 3:27:20 PM


Their constituents should fire them.

K-


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