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Ronda Rousey shuts down feminist

Ronda Rousey shuts down feminist

(1:39) American mixed-martial artist Ronda Rousey, UFC's highest-paid fighter, comments on gender income inequality in sports.

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Guest: paul w (734 days ago)

She didn't 'shout down' a feminist.

She answered a question from a reporter.

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She didn't 'shout down' a feminist.

She answered a question from a reporter.

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WalterEgo WalterEgo (734 days ago)

Description says she "shut down" a feminist, not "shout down".

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Description says she "shut down" a feminist, not "shout down".

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Casey Casey (734 days ago)

Although I'm not a fan of Rousey she hits the nail on the head here, it's not about equality it's about the bottom line, how much revenue can she generate.

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Although I'm not a fan of Rousey she hits the nail on the head here, it's not about equality it's about the bottom line, how much revenue can she generate.

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WalterEgo WalterEgo (733 days ago)

Yes, revenue is the bottom line - but should it be?

We are sleepwalking into a dystopian world largely caused by the monetary value that we put on everything. We blindly accept the mindset of "profit is all that matters" and this seeps into everything we do or think about.

I think we need to question our basic values and update them for an overpopulated world confronted with climate change, corporatism, and religious fundamentalism.

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Yes, revenue is the bottom line - but should it be?

We are sleepwalking into a dystopian world largely caused by the monetary value that we put on everything. We blindly accept the mindset of "profit is all that matters" and this seeps into everything we do or think about.

I think we need to question our basic values and update them for an overpopulated world confronted with climate change, corporatism, and religious fundamentalism.

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COncernedCitizen COncernedCitizen (733 days ago)

People invest in companies to get a return on that investment. If profit sharing was not part of the formula, there would be no investor infusions and companies wouldn't exist. Nobody wants to allocate finances and time in a business and not have any income from it. You wouldn't be able to pay your own bills without it.

Would you work for a company if they didn't pay you? Of course not. Many people would even quit their current position if they found another one that pays more.

Investors are the same way. If a company is providing more return on their money, they will consider investing in the company that has the better return.

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People invest in companies to get a return on that investment. If profit sharing was not part of the formula, there would be no investor infusions and companies wouldn't exist. Nobody wants to allocate finances and time in a business and not have any income from it. You wouldn't be able to pay your own bills without it.

Would you work for a company if they didn't pay you? Of course not. Many people would even quit their current position if they found another one that pays more.

Investors are the same way. If a company is providing more return on their money, they will consider investing in the company that has the better return.

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WalterEgo WalterEgo (732 days ago)

It's about balance. Everything is about balance. I think that's the big "mistake" we make as a species. We forget that everything is connected. We tend to focus on something specific and forget that it affects everything around it. It's lazy thinking that worked well in the Middle Ages, but less so in the complicated societies we have today.

Let's take a car. Which is more important, sparkplugs or pistons? Steering wheel or windscreen wipers?

They are all important, even essential. Without sparkplugs, there would be no sale because the car wouldn't work. Without windscreen wipers there would be no sale because the car wouldn't be road legal.

But if you had a Ferrari engine and a back axle from a Lada, that is an imbalance. It may work, but it could be better.

Now apply that to a modern corporation like McDonald's. The company pays the CEO over $9,200 an hour, LINK and frontline staff less than a living wage. It may work, but it could be better.

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It's about balance. Everything is about balance. I think that's the big "mistake" we make as a species. We forget that everything is connected. We tend to focus on something specific and forget that it affects everything around it. It's lazy thinking that worked well in the Middle Ages, but less so in the complicated societies we have today.

Let's take a car. Which is more important, sparkplugs or pistons? Steering wheel or windscreen wipers?

They are all important, even essential. Without sparkplugs, there would be no sale because the car wouldn't work. Without windscreen wipers there would be no sale because the car wouldn't be road legal.

But if you had a Ferrari engine and a back axle from a Lada, that is an imbalance. It may work, but it could be better.

Now apply that to a modern corporation like McDonald's. The company pays the CEO over $9,200 an hour, LINK and frontline staff less than a living wage. It may work, but it could be better.

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COncernedCitizen COncernedCitizen (732 days ago)
Latest comment:

Interestingly, the person on the top of your list is Steve Easterbrook, the CEO of McDonalds. His nationality is British and was born in Watford, England.

From looking at his compensation plan, his salary is $1.1 million. I calculate that to be $529/hour -- not the $9,247 your article states. Just goes to show you that you cannot trust everything the media says. In the USA, there are two types of employees: Exempt, Non Exempt. He is Exempt so doesn't get paid anything extra for overtime and I'm more than certain he works more than 40 hours a week which is what a typical full-time employee will work. Even if you use that 40 hours figure, 1,100,000 divided by 52 weeks divided by 40 hours per week = 528.846.

Remember, there are other components of a CEO's compensation that is dependent on how well the company performs. Those are usually paid in stock options and bonuses. McDonalds stock is doing great raising from $91.02 to $110.86 in a year (a 21% increase). That is even after giving the stockholders a 3.07% dividend yield. He has earned a lot of money for his company's investors and is being compensated for that. Where else can you put your money that will pay back 3% and then have your capital increase 21% too?

Yesterday alone, the McDonalds shares surged 8.1% increasing the market value of the company another $7.9 billion. Paying someone $1.1 million to increase market value of their company $7.9 billion in one day is just a drop in the bucket. The board of directors (voted into office by the shareholders) decided the CEO should get paid the salary he is getting. They must feel that he is worth it otherwise would have offered less or hired someone else for less.

The USA has minimum wage laws. Are you suggesting that we should have maximum wage laws too?

Your analogy of the car is a bad one. You can run a car without spark plugs. Diesel cars don't use them and I'm pretty sure the Tesla doesn't either. The windscreen wipers are also not required for a vehicle to work but it is the lawmakers that created an arbitrary law that forces you to have them. None of that matters anyway because you only need one CEO but need thousands of worker bees and any one of those worker bees can be removed from the company with zero impact to the bottom line but the CEO can cause a company to go bankrupt or to thrive. It is quite easy to replace the lower level employees and there are many people competing to get those jobs. If people stopped applying to work there for the pay they get, the company would have to rethink their worker compensation package to entice people to work there. It's like garbagemen getting paid $35K because nobody wants the job so they have to increase the pay to get applicants. LINK In Las Vegas, they get paid $53K a year. See how the free market dictates how much people get paid based on real-life examples and not a car analogy? If you're not happy with people earning very little working at McDonalds, have those people collect garbage for a good salary. I'm sure they have the skills to do it.

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Latest comment:

Interestingly, the person on the top of your list is Steve Easterbrook, the CEO of McDonalds. His nationality is British and was born in Watford, England.

From looking at his compensation plan, his salary is $1.1 million. I calculate that to be $529/hour -- not the $9,247 your article states. Just goes to show you that you cannot trust everything the media says. In the USA, there are two types of employees: Exempt, Non Exempt. He is Exempt so doesn't get paid anything extra for overtime and I'm more than certain he works more than 40 hours a week which is what a typical full-time employee will work. Even if you use that 40 hours figure, 1,100,000 divided by 52 weeks divided by 40 hours per week = 528.846.

Remember, there are other components of a CEO's compensation that is dependent on how well the company performs. Those are usually paid in stock options and bonuses. McDonalds stock is doing great raising from $91.02 to $110.86 in a year (a 21% increase). That is even after giving the stockholders a 3.07% dividend yield. He has earned a lot of money for his company's investors and is being compensated for that. Where else can you put your money that will pay back 3% and then have your capital increase 21% too?

Yesterday alone, the McDonalds shares surged 8.1% increasing the market value of the company another $7.9 billion. Paying someone $1.1 million to increase market value of their company $7.9 billion in one day is just a drop in the bucket. The board of directors (voted into office by the shareholders) decided the CEO should get paid the salary he is getting. They must feel that he is worth it otherwise would have offered less or hired someone else for less.

The USA has minimum wage laws. Are you suggesting that we should have maximum wage laws too?

Your analogy of the car is a bad one. You can run a car without spark plugs. Diesel cars don't use them and I'm pretty sure the Tesla doesn't either. The windscreen wipers are also not required for a vehicle to work but it is the lawmakers that created an arbitrary law that forces you to have them. None of that matters anyway because you only need one CEO but need thousands of worker bees and any one of those worker bees can be removed from the company with zero impact to the bottom line but the CEO can cause a company to go bankrupt or to thrive. It is quite easy to replace the lower level employees and there are many people competing to get those jobs. If people stopped applying to work there for the pay they get, the company would have to rethink their worker compensation package to entice people to work there. It's like garbagemen getting paid $35K because nobody wants the job so they have to increase the pay to get applicants. LINK In Las Vegas, they get paid $53K a year. See how the free market dictates how much people get paid based on real-life examples and not a car analogy? If you're not happy with people earning very little working at McDonalds, have those people collect garbage for a good salary. I'm sure they have the skills to do it.

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Guest: Geusture (733 days ago)

Yes but money is easier to measure.

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Yes but money is easier to measure.

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COncernedCitizen COncernedCitizen (734 days ago)

That is why CEOs of large corporations get paid a lot of money. They generate a lot of revenue and get paid for that.

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That is why CEOs of large corporations get paid a lot of money. They generate a lot of revenue and get paid for that.

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Guest: Guesting (733 days ago)

Have a look into research on this. Your claim is not true. A starting point, popularised, can be some of the chapters on this in D. Kahnemann's Thinking fast and thinking slow.

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Have a look into research on this. Your claim is not true. A starting point, popularised, can be some of the chapters on this in D. Kahnemann's Thinking fast and thinking slow.

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TheBob TheBob (733 days ago)

So why don't they give it back when they lose lots of money? Like Fred Goodwin, just in case you were asking, cengland0

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So why don't they give it back when they lose lots of money? Like Fred Goodwin, just in case you were asking, cengland0

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COncernedCitizen COncernedCitizen (733 days ago)

It is not giving it back but it is not receiving. Many CEO compensation packages include large bonuses for meeting financial goals that can include revenue, profits, or stock prices. Some bonuses are granted in stock options so the CEO has incentive to get the stock value up. If they do not meet the financial goals, they do not get that part of their compensation package.

Regarding Fred Goodwin that you mentioned, I looked him up and it appears he is Scottish so that is up to your socialist country to decide to take his money away and redistribute it as you deem fit. In our country, we have no taxation without representation so it is less likely to occur here.

That was some interesting reading. Not my expertise but from the short summary I read, he was doing a great job, making his company one of the largest in the world, until nationalization in 2008 at which point it reported a loss.

It is great you believe I think like cenglandO. He did have some good economic understanding. Too bad you guys chased him away because I appreciated the banter.

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It is not giving it back but it is not receiving. Many CEO compensation packages include large bonuses for meeting financial goals that can include revenue, profits, or stock prices. Some bonuses are granted in stock options so the CEO has incentive to get the stock value up. If they do not meet the financial goals, they do not get that part of their compensation package.

Regarding Fred Goodwin that you mentioned, I looked him up and it appears he is Scottish so that is up to your socialist country to decide to take his money away and redistribute it as you deem fit. In our country, we have no taxation without representation so it is less likely to occur here.

That was some interesting reading. Not my expertise but from the short summary I read, he was doing a great job, making his company one of the largest in the world, until nationalization in 2008 at which point it reported a loss.

It is great you believe I think like cenglandO. He did have some good economic understanding. Too bad you guys chased him away because I appreciated the banter.

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Guest: phh (733 days ago)

I work for an investment company & I can tell you that usually its not the CEO that brings in money to the company maybe in some cases indirectly. Its the people working for the companies.. sales persons etc.. that brings in the money. Why CEOs have big sallaries is another storry and is based on other facts. Im a supporter of bigger sallaries for CEOs and ppl with higher roles in the companies. But do know that there's a lot of inequality as well. For example i think its wrong to have a CEO with over 2000 times the median sallary of a worker. Even when the company turnover is negative... they're mostly in charge of that outcome, so..

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I work for an investment company & I can tell you that usually its not the CEO that brings in money to the company maybe in some cases indirectly. Its the people working for the companies.. sales persons etc.. that brings in the money. Why CEOs have big sallaries is another storry and is based on other facts. Im a supporter of bigger sallaries for CEOs and ppl with higher roles in the companies. But do know that there's a lot of inequality as well. For example i think its wrong to have a CEO with over 2000 times the median sallary of a worker. Even when the company turnover is negative... they're mostly in charge of that outcome, so..

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COncernedCitizen COncernedCitizen (733 days ago)

I have a different opinion than you and mine is the same as the board of directors. The board members are the ones to hire the CEO and to set the compensation package. The CEO does not make up their own salary unless they also own the company (not in a publically held corporation they don't).

The CEO is a strategic thinker and they create the vision and mission of the company. Their decisions trickle down to the workers that follow those instructions.

Do you not agree when a company does well or does poorly that it is a reflection of the CEO and other top executives? They do not let low-level employees dictate the price of services -- that comes from much higher up in the company. The everyday dealings with the customers are done by the lowest level employees who usually do not have the empowerment to make decisions that impact the finances of the business. They can made adjustments to your bill, give refunds, etc but they do not have the decision authority to begin mergers with other companies, negotiate deals with manufacturers, open new sites, expand the business into other areas, close failing sites, layoff thousands of people, etc.

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I have a different opinion than you and mine is the same as the board of directors. The board members are the ones to hire the CEO and to set the compensation package. The CEO does not make up their own salary unless they also own the company (not in a publically held corporation they don't).

The CEO is a strategic thinker and they create the vision and mission of the company. Their decisions trickle down to the workers that follow those instructions.

Do you not agree when a company does well or does poorly that it is a reflection of the CEO and other top executives? They do not let low-level employees dictate the price of services -- that comes from much higher up in the company. The everyday dealings with the customers are done by the lowest level employees who usually do not have the empowerment to make decisions that impact the finances of the business. They can made adjustments to your bill, give refunds, etc but they do not have the decision authority to begin mergers with other companies, negotiate deals with manufacturers, open new sites, expand the business into other areas, close failing sites, layoff thousands of people, etc.

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TheBob TheBob (733 days ago)

" your socialist country "? You're demonstrating a tenuous grip on reality if you think the UK under David "pig-f*cker" Cameron's austerity programme is socialist. But then again, you probably think Attila the Hun was a liberal because he didn't have the largest prison population in the world.

" In our country, we have no taxation without representation ." I'm not sure why you're raising this point, Cary, but the cry of you colonial tax-avoiders does seem to echo down the years. Actually you do have taxation without representation in your country. Residents of Washington DC pay federal taxes but don't have representation in Congress. Still, how else can you pay for the largest prison population in the world?

" It is great you believe I think like cenglandO " - I can't comment on your thinking but your writing certainly has Cary's stamp all over it - and if it walks like a duck and quacks like a duck...

Anyway, he wasn't chased away: he wimped out after being called on telling porkies too often. I mean, what kind of insecure person uses up all his credibility under one identity - and then just carries on under a different alias? (Probably one who tries to justify having the largest prison population in the world).

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" your socialist country "? You're demonstrating a tenuous grip on reality if you think the UK under David "pig-f*cker" Cameron's austerity programme is socialist. But then again, you probably think Attila the Hun was a liberal because he didn't have the largest prison population in the world.

" In our country, we have no taxation without representation ." I'm not sure why you're raising this point, Cary, but the cry of you colonial tax-avoiders does seem to echo down the years. Actually you do have taxation without representation in your country. Residents of Washington DC pay federal taxes but don't have representation in Congress. Still, how else can you pay for the largest prison population in the world?

" It is great you believe I think like cenglandO " - I can't comment on your thinking but your writing certainly has Cary's stamp all over it - and if it walks like a duck and quacks like a duck...

Anyway, he wasn't chased away: he wimped out after being called on telling porkies too often. I mean, what kind of insecure person uses up all his credibility under one identity - and then just carries on under a different alias? (Probably one who tries to justify having the largest prison population in the world).

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COncernedCitizen COncernedCitizen (733 days ago)

First you call me cenglandO and now you call me Cary. You should make up your mind. I admit that I did post as a guest until I registered as COncernedCitizen.

The UK is a socialist country. The USA is socialist too. The USA has many socialist programs such as Social Security, Medicare, Supplemental Nutrition Assistance Programs, Unemployment and Disability programs, Welfare, Public schools, Fire departments, police, section 8 housing, public roads, adoption assistance, food stamps, school lunch program, WIC, HUD housing, Low income energy assitance, Universal service fund to subsidize low income phone service, and now affordable health care act (Obamacare).

The USA has decided to tax the middle class and the rich and use that money to pay for the poor with those previously mentioned services.

Citizens pay an average of 17.6% federal taxes that pays for federal programs such as our defense programs.

Social security tax rate is 6.2%

Medicare tax rate is 1.45%

California state income tax rate up to 12.3%

City/County income tax rates of 1-3%

Sales tax around 8%

If you own a home, you pay taxes on that every year. You pay taxes to own a car. There are gas taxes, and sin taxes for things like cigarettes and alcohol. If you buy things made of plastic, there are special taxes on that. There are taxes for batteries and tires for your car. Take a plane trip, there are special air transportation taxes. Have a dog as a pet, pay a dog license tax. You have to pay a tax to have a drivers license. If you want to go fishing or hunting, you need to pay a license tax. Hotels have special taxes. Getting married, there's a tax for that license and then there's a yearly federal tax burden on your income too. We have toll booths which is a tax because they continue even after the road is paid for. If you are self-employed, there's a special tax for that. Some cities (not mine) charge an extra tax if you have a sports team to pay for the stadium instead of the owner of the team paying for it.

After all those taxes, the government is still in debt because it is not enough to pay for all the social programs we have.

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First you call me cenglandO and now you call me Cary. You should make up your mind. I admit that I did post as a guest until I registered as COncernedCitizen.

The UK is a socialist country. The USA is socialist too. The USA has many socialist programs such as Social Security, Medicare, Supplemental Nutrition Assistance Programs, Unemployment and Disability programs, Welfare, Public schools, Fire departments, police, section 8 housing, public roads, adoption assistance, food stamps, school lunch program, WIC, HUD housing, Low income energy assitance, Universal service fund to subsidize low income phone service, and now affordable health care act (Obamacare).

The USA has decided to tax the middle class and the rich and use that money to pay for the poor with those previously mentioned services.

Citizens pay an average of 17.6% federal taxes that pays for federal programs such as our defense programs.

Social security tax rate is 6.2%

Medicare tax rate is 1.45%

California state income tax rate up to 12.3%

City/County income tax rates of 1-3%

Sales tax around 8%

If you own a home, you pay taxes on that every year. You pay taxes to own a car. There are gas taxes, and sin taxes for things like cigarettes and alcohol. If you buy things made of plastic, there are special taxes on that. There are taxes for batteries and tires for your car. Take a plane trip, there are special air transportation taxes. Have a dog as a pet, pay a dog license tax. You have to pay a tax to have a drivers license. If you want to go fishing or hunting, you need to pay a license tax. Hotels have special taxes. Getting married, there's a tax for that license and then there's a yearly federal tax burden on your income too. We have toll booths which is a tax because they continue even after the road is paid for. If you are self-employed, there's a special tax for that. Some cities (not mine) charge an extra tax if you have a sports team to pay for the stadium instead of the owner of the team paying for it.

After all those taxes, the government is still in debt because it is not enough to pay for all the social programs we have.

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TheBob TheBob (732 days ago)

Yes, I call you Cary because I think you are Cary England, aka cengland0. I understand you posted as a guest before registering as COncernedCitizen - but my question is, "did you also post as cengland0?"

I'm surprised you think the UK & USA are socialist countries on the basis that some of their policies have social elements to them. Neither country has significant collective ownership of the means of production - and neither focuses on the needs of people rather than profit so I'd say they both fail to qualify as socialist on those counts and are both firmly in the capitalist camp.

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Yes, I call you Cary because I think you are Cary England, aka cengland0. I understand you posted as a guest before registering as COncernedCitizen - but my question is, "did you also post as cengland0?"

I'm surprised you think the UK & USA are socialist countries on the basis that some of their policies have social elements to them. Neither country has significant collective ownership of the means of production - and neither focuses on the needs of people rather than profit so I'd say they both fail to qualify as socialist on those counts and are both firmly in the capitalist camp.

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