Strike at Deere plants in the US, more supply chain shortage to come

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   / Strike at Deere plants in the US, more supply chain shortage to come #331  
If people divested stocks in corporations with excessive executive pay, then no one would own stocks. That solution don't work.

Yes, it does. It has always worked. Always. Always, always, always.
Lets start with controlling of football coach's salaries. In almost every state the State college's football coach is by far the highest paid State employee.
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I couldn't agree more.

But, as an example, Ohio State's Football program brought in $115,000,000 in 2019 while spending only $52,000,000, allowing the Athletic Department to be self-funded. Football supports most of it. It uses no tuition or goobermint tax dollars and sends the excess to the University.

 
   / Strike at Deere plants in the US, more supply chain shortage to come #332  
Yes, it does. It has always worked. Always. Always, always, always.
So how many stocks have you divested because of excessive CEO salaries? Did it work?
But, as an example, Ohio State's Football program brought in $115,000,000 in 2019 while spending only $52,000,000, allowing the Athletic Department to be self-funded.
Ohio State is an exception as are other power programs. Many publicly owned College athletic programs are in the negative. Washington State University, for instance is $50 million negative, and they are by no means alone. Many colleges have found it necessary to add mandatory fees to tuition to support their athletic program. Even the definition of "self funded" is a little fuzzy.
 
   / Strike at Deere plants in the US, more supply chain shortage to come #333  
So how many stocks have you divested because of excessive CEO salaries? Did it work?

I don't buy individual stocks. But Mutual Funds, Pension Funds and other Institutions do. By the millions of shares. They are run by professionals who are held accountable for their actions. If they see a Company frittering away hard-earned mega-bucks on incompetent CEO's, they'll drop them like a bad habit.
Ohio State is an exception as are other power programs. Many publicly owned College athletic programs are in the negative. Washington State University, for instance is $50 million negative, and they are by no means alone. Many colleges have found it necessary to add mandatory fees to tuition to support their athletic program. Even the definition of "self funded" is a little fuzzy.
Maybe they should hire better Coaches.
 
   / Strike at Deere plants in the US, more supply chain shortage to come #334  
This org is known for taking stock positions and then writing puff pieces to boost the price. Or going short and writing a hit piece. I have first hand experience with that.

They disclosed at the end of the piece that they are a shareholder ....
This is why I don't like the market. It's susceptible to manipulation like this.
 
   / Strike at Deere plants in the US, more supply chain shortage to come #335  
So how many stocks have you divested because of excessive CEO salaries? Did it work?

Ohio State is an exception as are other power programs. Many publicly owned College athletic programs are in the negative. Washington State University, for instance is $50 million negative, and they are by no means alone. Many colleges have found it necessary to add mandatory fees to tuition to support their athletic program. Even the definition of "self funded" is a little fuzzy.
Not in my state. Alabama football has become a bigger industry here then just about anything else. It's the only thing that this state is world class at other then being stupid.
 
   / Strike at Deere plants in the US, more supply chain shortage to come #336  
Ever heard of the "rubber room?"

Here is one example:

New York is another state that never surprises me what they do. You almost can't even reference them as any example.
 
   / Strike at Deere plants in the US, more supply chain shortage to come #337  
If people divested stocks in corporations with excessive executive pay, then no one would own stocks. That solution don't work.

Lets start with controlling of football coach's salaries. In almost every state the State college's football coach is by far the highest paid State employee.
.
i've posted this before and i'm not sure if its current but makes a point.

had a teacher tell me to watch how people dedicate resources and you will see what's really important to them.

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once
 
   / Strike at Deere plants in the US, more supply chain shortage to come #338  
I understand the angst, but it sounds like you had a jealous teacher. It is all supply and demand. Good coaches are harder to find than good teachers or administrators. Demand for sports is greater, so that pushes up their salaries.

To solve the problem, you cannot just 'fix' the coach's salary, you need to stop demanding sports for entertainment. Be careful of the law of unintended consequences.
 
   / Strike at Deere plants in the US, more supply chain shortage to come #339  
Why isn't academia in advanced education more important than sports?

Knowledge has power for a lifetime. Sports is 10 tops and you're washed out.
 
   / Strike at Deere plants in the US, more supply chain shortage to come #340  
I am a long time die hard college sports fan, but I see college sports going way off course. Like a lot of other things, an excess of money is ruining it. Talk about supply and demand, free enterprise and all that stuff all you want. When we start placing college sports above college academics, we definitely have our priorities all wrong. At WSU they have been known to cancel Friday classes when there is a Friday night football game because there isn't enough campus parking for both football fans and students. That reveals the priorities. Since when is it the mission of colleges to make money? These days we find ourselves going to more of the women's sporting events than men's because the woman's sports programs aren't as overhyped (although that is even beginning to change).
 
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