Non Sequitur by Wiley Miller for March 29, 2019

Wall $treet CEO’s, banksters and corporate elitists hate economic regulatory oversight for exactly the same reason thugs on the street hate cops on the beat. Exactly the same reason.

Use a gun, rob a bank.

Use a bank, rob the world.

In the words of Warren Buffett, the most successful investment capitalist of all time (but vilified by TEApubliCONs for having the nerve to remember his modest origins and stand up for the middle class):“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”

http://www.nytimes.com/2006/11/26/business/yourmoney/26every.html

Reasonable regulatory oversight to protect workers, consumers and our shared environment and infrastructure don’t hurt a vibrant economy or the limit the “freedom” of an infinite range of business strategies, they make it possible.

Rules of sports don’t undermine baseball, football or basketball — they make those sports possible. Without a framework of rules within which “freedom” — an infinite range of choices and strategies — is possible, such that no two contests in any sport have ever been the same, sports would not be possible, such that no two contests in any sport have ever been the same. Without such rules, no games could ever happen.

Same with traffic — rules of the road don’t undermine driving, they make it possible — within the framework of traffic rules you still have infinite “freedom” — an infinite range of choices about where to go and how to get there. Without such rules you wouldn’t be able to drive anywhere, through the chaos.

And he ends in critical mess??

Not to worry; when you run out of executives to blame, blame the employees.

In fact, do that first!

“Need a whole new crop of whippin’ boys.”

That guy should be careful. You know where messengers usually wind up.

If there’s going to be a sustained chain reaction, it might be safer under the table.

You run out of people to axe, hire some of Trump’s fire’s. They know the drill.

Well, the CEO’s got no reason the worry – look at the slogan on the graph! Still, it looks like an awful lot of Board Members have decided not to be available.

That’s a very intelligent and well though out point of view. Man a lot of people are going to hate you.

The best thing about being CEO is that if you completely fail and bankrupt the company, they still give you a million-dollar golden parachute.

Risk-free “capitalism.” Head I win, tails I win. Everybody else loses.

First rule of leadership: Everything is your fault! Technically, CEO should be blamed for their mistakes.

It’s a conspiracy. It can’t be my fault. Somebody (the “deep state,” Democrats, Republicans, immigrants, the Chinese …) are behind the reason I failed.

Like the syndication that distributes this comic strip doesn’t have a CEO or Board of Directors.

No time to add relevant input, GREAT discussion so far. @DDWiz and the other rational voices: You would have my vote, but in this present climate please don’t run. You’d be shot. Gotta get the Turd and sycophantic crew out first w/moderate Dems, then we work on lessening the corporate influence over them.

Caption I wish applied to today: “As The Noose Tightens”.

https://www.washingtonpost.com/business/2019/03/28/wells-fargo-ceo-tim-sloan-step-down-immediately/?

“Sloan spent more than two years on an countrywide apology tour after Wells Fargo acknowledged a pattern of consumer abuses — from opening millions of fraudulent accounts on behalf of its customers without their consent to mistakenly foreclosing on hundreds of clients and repossessing the cars of thousands of others.”

~

“Making matters worse was the bank’s disclosure earlier this month in a regulatory filing that Sloan received $18.4 million in compensation in 2018, about a 5 percent bump from the previous year.”

ignatz: years ago, working in the oilfield, we had a saying “you fuck up you move up”. still applies today…

Some of the shortest ’close to the president" resumes ever written.

I once heard about a guy who was CEO of a big insurance company that had 4 vice-presidents working under him, and his absolutely requirement was that his own salary had to be at least double the 4 of theirs combined.

Somebody once explained it to me like this. Suppose you’re on the board of a good-sized but not gargantuan company and you’re looking for a new CEO. You interview Candidate A and ask for his (seldom her) salary expectations. “A million dollars a year.” Then you interview Candidate B, ask the same question and get “TWO million dollars a year.” And then you figure that somebody with brass balls like that is just the self-assured, enthusiastic dynamo you need to carry the company to the next level and MORE than make up the extra mil it’s gonna cost you to get there. Such is board-member psychology.

hmmm, that’s not been my experience. Usually, the CEO blames workers for not producing enough and expecting too much compensation. Then they lay off workers while keeping executives. The executives require large bonuses to stay (or get a golden parachute), thus negating a portion of the savings gained by the work force reduction.

It appears that some people don’t understand corporate structure. The board of directors is selected by the investors. They hire the CEO, who is just a hired gun and does NOT receive profits, except as part of compensation. Individual board members are NOT responsible for CEO actions.

Now, if you could “sell” that to 44% of Americans…

You could say the same thing about politicians.

I don’t think I would enjoy flying quite as much if there were no regulations (or even “much less regulation”)

Sign on the CEOs desk

The buck stops here, but blames never gets this far.

Oh. I thought it was the White House Staff chart. Is anybody in the White House staff past the “acting [insert title here]” stage?

Change “Board” to “Cabinet” and “C.E.O.” to “President” and you have Washington today.

It’s the Comics, stupid. Not the OpEd page. Get a life!

Reminds me of the 1970s movie “Putney Swope”.

“Administration officials and Cabinet members to be held responsible for the president’s mistakes.” Unfortunately, he seems to have a never ending supply of those…

did the bears get the other board members?

I remember when there was “the boss” and the workers. Now it seems to be a vast network of managers and one worker.

“The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country.”— Edward Bernays (Master mind of mass psychology, marketing & propaganda)

I’ll believe a corporation is human when…

Texas elects one

Georgia executes one

A cop shoots one 15 times while it’s running away

California makes one into a Hollywood star

Or …

The NFL catches one beating its spouse.

Meanwhile, I agree with @DD Wiz: The only reasonable way to keep things sane and humane is regulation. Equal regulation, so none of the corporationss nor the ultra rich can claim discrimination.

“Some will rob you with a six gun and some with a fountain pen.” Nothing much changes for the better.

Gonna have to hire a few more Scapegoats.

https://www.gocomics.com/nonsequitur/2017/03/30 non sequitur calendar comic page for 3/29/2019 . presentiment about Obama care.

The CEO should have followed the example of Prince Cabagious as told by Ambrose Bierce in his definition of Cabbage in “The Devil’s Dictionary”.