Monthly Archives: April 2015

Surprise! Women trump men on CEO pay

We have to punish liars. Suppressing lying the way we suppress aggression is probably enough.

“So far, 21 of the 22 current female CEOs in the Standard & Poor’s 500 have reported their latest compensation, including Yahoo (YHOO) CEO Marissa Mayer, defense contractor Lockheed Martin’s (LMT) Marillyn Hewson and CEO Carol Meyrowitz of retailer TJX (TJX), and they were paid an average of $18.8 million during their latest fiscal years, according to a USA TODAY analysis of data from S&P Capital IQ and Bespoke Investment Group. That far exceeds the average $12.7 million paid to the 455 current male CEOs in the S&P 500 that have reported compensation data for the same time period.

“The compensation awarded to female CEOs, on average, also outstrips the $14.3 million average paid to all the CEOs of the 100 largest publicly held companies that had reported through early April, according to pay tracker Equilar and compensation consultant Towers Watson.”

americasmarkets.usatoday.com/2015/04/30/surprise-women-trump-men-on-ceo-pay/

Law Without the State by David Friedman

I’ve slowly drifted away from the Mises Institue’s apriorism and toward the consequentialist arguments of David Friedman.

This is a great lecture, though I think he errs (or perhaps a little loose with metaphors) in his appeal to nature early on. It’s so riddled with exceptions and qualifications, that they exceptions can easily be the rule.

When progressive journalists are beaten silly and robbed en masse by progressive citizens in a progressive city run by a progressive mayor . . .

When progressive journalists are beaten silly and robbed en masse by progressive citizens in a progressive city run by a progressive mayor, elected by progressive voters in a country headed by a progressive president, what is the appropriate reaction for a reader of such accounts or even simply a casual observer to have?

Is asking someone to pass the popcorn considered rude or indifferent?

If popcorn passing is intolerant, would something more multicultural like asking someone to pass the churros be more palatable?

I’m so confused.

So back to the only thing that matters to me and my family: creating and building things.

And cashing up.

Ka-Ching is not a province in China.

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www.dailymail.co.uk/news/article-3058447/At-five-journalists-attacked-rioters-covering-violent-Freddie-Gray-demonstrations-Baltimore.html

Texas Town Fires Entire Police Department, Crime Drops By 61%

A Texas town has proven that there is a solution to out of control cops after it replaced the entire police department with private security officers and saw a remarkable drop in crime by 61%.

Sharpstown, located southwest of Houston, decided in 2012 that regular public policing was proving wholly ineffective, and opted not to renew a contract with the constable’s office.

Instead the town’s civic leaders hired private security agents with the company SEAL Security Solutions, and devised a more effective policing strategy.

“Since we’ve been in there, an independent crime study that they’ve had done [indicates] we’ve reduced the crime by 61%” in just 20 months, James Alexander, Director of Operations for SEAL told reporters with guns.com.

That is an estimated slashing of criminal activity of almost two thirds in just over a year and a half.

Alexander believes that the reason for such a dramatic drop has come with more sensible policing in areas that need it the most.

“We do directed patrols, meaning we don’t just put an officer out there and say ‘here, go patrol.’ We look at recent crime stats, and we work off of those crime stats.” he states.

www.infowars.com/texas-town-fires-entire-police-department-crime-drops-by-61/