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Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust

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Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust

#51

Post by bluefirebrand »

solveit wrote: post #28
ALittleLight wrote: post #24

Earlier quoted context omitted.

I think there are two entirely separate concerns. First, is the salary for Speaker of the House sufficient. Second, isn't it a bit of a coincidence that Pelosi and her husband made 100+ million for themselves investing in stocks through his investment company while she was in Congress? Maybe that's just a coincidence. I don't think we could meaningfully increase salaries. Pelosi is still making money despite having a…

The way to do it is to give a very generous salary and to simultaneously crack down hard on even the appearance of impropriety. Neither is being done right now, and part of the reason is that you can't really do one without the other[1], so you're stuck in a bit of a catch-22. [1] You can't crack down on on public servants questionably but not clearly criminally making money on the side if everyone that's supposed to…

225k is already an extremely generous salary.

I don't care who you are, or what power you think you have, I don't see why society should tolerate your greed if you think you need or deserve more than that. That buys an extremely comfortable life anywhere you look.

I don't see why we should tolerate people seeking extravagant lives over comfortable ones. It's disgusting.

Seriously you're arguing a multi-millionaire needs a higher salary give your head a shake.

Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust

#52

Post by andrepd »

Barrin92 wrote: post #13
kats wrote: post #7

Earlier quoted context omitted.

I mean, she has 33 yoe in congress and only gets paid 225k salary, she better have stocks.

>only gets paid 225k salary That is six times the American median wage, or alternatively it places you in the top 3% of the American income distribution. Is this a bad attempt at sarcasm? That salary, plus I assume a generous pension is enough for her to not own any stocks, which I actually think is something that should be the norm for political representatives, given the blatant conflict of interest.

Is she in the top 3% of responsibility? She (like her or not) is a significant leadership figure in the USA. 225k$ isn't that much.

I have the unpopular opinion that politicians should be paid more. If they are paid generously perhaps there isn't as much temptation to get rich some other way. Why do we pay top CEOs millions of dollars, or a better analogy, why do we pay top engineers 500k, 600k, 1mil, but not top politicians? Perhaps then they wouldn't legislate around their stock portfolio or corporate lobbyists' preferences.

Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust

#53

Post by andrepd »

bluefirebrand wrote: post #51
solveit wrote: post #28

Earlier quoted context omitted.

The way to do it is to give a very generous salary and to simultaneously crack down hard on even the appearance of impropriety. Neither is being done right now, and part of the reason is that you can't really do one without the other[1], so you're stuck in a bit of a catch-22. [1] You can't crack down on on public servants questionably but not clearly criminally making money on the side if everyone that's supposed to…

225k is already an extremely generous salary. I don't care who you are, or what power you think you have, I don't see why society should tolerate your greed if you think you need or deserve more than that. That buys an extremely comfortable life anywhere you look. I don't see why we should tolerate people seeking extravagant lives over comfortable ones. It's disgusting. Seriously you're arguing a multi-millionaire ne…

Okay! Then make that apply to everyone, and maybe that could work. Note, that means no 10mil more bonuses for bankers, no 600k salaries for engineers or wall street traders, etc.

Otherwise why would you pay an important public servant shit (comparatively) while you pay the bankers who are a leech on our economy handsomely?

Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust

#54

Post by JohnClark1337 »

cdot2 wrote: post #16
x0x0 wrote: post #14

Earlier quoted context omitted.

Pelosi doesn't get paid enough. She's one of the leaders of a country with a $23T economy and a $4.8T federal budget. She maintains houses in two different (very) high COL areas, and has a punishing work and travel schedule. We'd be shocked at an exec in a round C company, helping lead 100+ people, who didn't make more than that.

Pelosi doesn't get paid enough is a surface of the sun level hot take.

welcome to HN

Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust

#55

Post by bluefirebrand »

andrepd wrote: post #53
bluefirebrand wrote: post #51

Earlier quoted context omitted.

225k is already an extremely generous salary. I don't care who you are, or what power you think you have, I don't see why society should tolerate your greed if you think you need or deserve more than that. That buys an extremely comfortable life anywhere you look. I don't see why we should tolerate people seeking extravagant lives over comfortable ones. It's disgusting. Seriously you're arguing a multi-millionaire ne…

Okay! Then make that apply to everyone, and maybe that could work. Note, that means no 10mil more bonuses for bankers, no 600k salaries for engineers or wall street traders, etc. Otherwise why would you pay an important public servant shit (comparatively) while you pay the bankers who are a leech on our economy handsomely?

No one said anything about bankers and engineers or whoever else. I'm fine with them making less too.

Post I was replying to was literally advocating for a higher salary for someone with a 9 figure net worth. As though MORE money would make her behave less greedy.

Absurd.

Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust

#56

Post by bagacrap »

parineum wrote: post #15
alisonkisk wrote: post #3

Earlier quoted context omitted.

"Warren re-ups bill to ban stock trading by lawmakers" https://www.politico.com/amp/news/2020/12/18/elizabeth-warre... Ultimately the voters of her district have to care.

>Ultimately the voters of her district have to care. Pelosi's district interest is against action against those companies. In this case, she's doing exactly as she's elected to do.

the voters have to care about stock trading by legislators

Re: Tim Cook called Pelosi to warn her against disrupting the iPhone with antitrust

#57

Post by AnimalMuppet »

Well... where's Pelosi's district? San Fransisco. Where is Apple headquartered? Cupertino. Not quite within Pelosi's district (I think), but close enough that, if you were calling politicians to get your company point of view heard, it wouldn't be unreasonable for Apple to call her.

The thing is, she just happens to be the Speaker of the House.

Really odd conclusion: If you want the big tech companies to have less influence on government, you need to get rid of Pelosi as Speaker. (I mean, they could call the next Speaker's office, too, but they'd have less influence...)

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