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I've read and heard of outrageous bonuses being awarded to CEO's whose companies have lost money.

I've read where major oil and pharmaceutical corporations are reporting record quarterly and annual profits in America, all the while the sick get sicker and the middle class sells away their hard earned homes and acquisitions.

Should the government step in as they did with the air traffic controllers strike?

I want less government intervention, not more!! My heart (as stone cold and hard as it is), says they need to be stopped....but my mind says the world turns on commerce

The gov't should step in and take back all that money from those fat cat"s and give it to me.

The Shareholders should gang up on them,as they started doing here!

Well, this shareholder is surviving BECAUSE of the profits

The State should only interfere to guarantee/protect competition and tax contribution.

A CEO position is a challenging and risky position. If the performance is brilliant, i don't see why there shouldn't be bonus involved inasmuch as it's an incentive.
Companies that lost money? Then there has to be an appraisal of whether the CEO performed in due care. Once proven, a compensation could be awarded i think. Not as bonus but as compensation. So, there has to be differenciation on those two terms in the contract. One way or another, in ante post terms, it's always an incentive that may avoid bankruptcy.

what it comes down to is they either have to change NAFTA or get rid of it.

The profit margins are so high because companies are outsourcing work overseas for minimal wages leaving the American people to suffer the blow.

If they want to invest so much of their manufacturing into those countries, they should be required to live there as well.

The government should step it, but unfortunatley they won't because they are getting kick backs from the lobbyists, and their wallets are fat as well . It's all about money=greed + power.

If there is free establishment agreement, there is no problem in allocating assets to other member even for the solely purpose of gaining from that system.

Here in Europe, because of the prerogative of establishing a company in any country within Europe companies do tend to incorporate themselves in UK for instance(head quarter) where the costs of starting up and taxes are flexible for companies and then create a "subsidiary" elsewhere where the activity is in whole performed. Although it may look unfair, it can improve the economic policies so to attract investment + competition. Anyway, we are talking about countries who in principle have the same economical level, as there is a discrepance within NAFTA, that is indeed a problem i think...

The problem is not how profitable a business might be, what can hurt is judgement proof, where offshores comfortable hidde assets as to avoid taxes. So, more transparency like we are trying to implement here in Europe, as disclosing all the informations, transactions for everyone to see, so to provide "security" to third parties, at least to where they stand.

Mind=Blown You have gotta be kidding! Please tell me this is not true.

In related news, I read somewhere that the Red Sox finally won a world series....and that we landed on the moon...

Wow!! I am impressed!!

Yes baby, transparency is the way to go if we are worried about the economy in a whole.

We also have this large employees participation systems on companies (large differences within Europe though) , mostly in form of worker councils, where employees can even be consulted about investment and organizational plans, as to create a social economical model, where everybody is involved and feels responsible.
Anyway, there are a lot of stuff America does good, otherwise...

Thanks ship

So there is even more Opportunity for Corruption?

Thank you Cristina!

Just have to chime in here... AWARENESS IS GOOD!

That more, "normal folks" are becoming aware of our problems is GOOD! That should be encouraged, PLEASE!!

I see socialism for the RICH-(ie. GOVERNMENT SUBSIDIES FOR BIG OIL COMPANIES/professional sports owners and players, the list goes on, and on), AND capitolism for the rest of us...

Sure, CEOs and the like, deserve their "astronomical earnings", I guess... but when a company robs the juicy PENSION FUNDS, leaving just "peanuts" for the workers who earned them to retire on, THEN, rewards the CEO responsible for such ROBBERY, with $300,000,000.00 per year, plus WOW, the retirement package... we have to wonder, WHY such things are quite legal?

I think it is because normal people just aren't aware. To quote a friend, "If you are not outraged, then you aren't paying attention!"

The corporations OWN the governments..........

sure

So, regulation is important. We can't embrace "invisible hand" because not everybody is equal

Please explain "invisible hand" concept??

oh yes

..and create more opportunities for Crooked Politicians??

Adam Smith defended that the market was more efficient without State interference.