Skip to main content

  • Today's comic by Jen Sorensen is Cartoon: Russia, land of tolerance:
    Panel of Jen Sorensen comic on LGBT rights at Sochi Olympics.
  • GM's new CEO will make half what her predecessor did:
    n December, General Motors (GM) made headlines for picking Mary Barra to replace Dan Akerson as its new CEO. That meant she would not only be the first woman at the helm of the carmaker, but any global carmaker.

    But while she may have shattered that glass ceiling, her pay is another story. Looking at the company’s filings with the Securities and Exchange Commission, Elizabeth MacDonald notes that Barra will be paid $4.4 million in total compensation, which includes a base salary of $1.6 million. Akerson, on the other hand, made an estimated $9 million, with a $1.7 million base salary and $7.3 million in stock. That means Barra will make less than half of what he made. In fact, Akerson will continue to make more as her, as GM will pay him $4.68 million as an outside senior adviser.

    Worse, Barra comes to the job with an outsized amount of previous experience. She’s been with the company since 1980 and was most recently serving as senior vice president of global product development. Akerson, on the other hand, came into the role without a background running a car company, previously serving as a managing director of private equity firm The Carlyle Group, although he has been on GM’s board since 2009.

  • Did you know that the national language of the United States is English? Oh, you didn't? That's because we don't have a national language. Which is why it was so fun to watch the ignorance come out in response to the Coca-Cola Super Bowl commercial "It's Beautiful," which showed shots of different people while "America the Beautiful" played in multiple languages. Because seriously? America isn't a monolith. Just like Richard Sherman isn't a thug. On today's show #TeamBlackness discusses why the Oakland police don't like liberals and why Bill O'Reilly should show a little respect.

    Subscribe on iTunes | Subscribe On Stitcher | Direct Download | RSS

  • These Daily Kos community posts were the most shared on Facebook Feb. 3:
    25 Images of Markets "Regulating Themselves", by akadjian

    Corporate America Recognizes Eroding Middle Class, by TomP

    Karl Rove becomes irrelevant as funders abandon him, by Lefty Coaster

  • “Kill me. I can’t live like this. Just fucking kill me, put us both out of our misery”: A ferocious story about the impact of war-caused traumatic brain and PTSD.
  • Human Rights Watch releases video of anti-gay attacks in Russia.
  • Private junkets on the rise:
    "Lawmakers and their staff broke a record for taking the most privately funded trips since 2007, when reforms came into effect after a major lobbying scandal. In 2013, members of Congress and their staff made nearly 1900 trips costing $6 million, breaking the record for the most privately sponsored travel since rules were tightened in 2007. By comparison the previous post-reform high was 2011, when privately financed travel cost $5.8 million for 1600 trips."
  • Here are photos of a few of the 270 or so Keystone XL protests across America Monday.
  • Cyborg cockroach slaves generate their own power:
    We already know how to direct the insects by hacking their antennae—RoboRoach kits let any kid with a smartphone have a go at making a remote-controlled roach cyborg. Turning them into data collectors is just a matter of adding an appropriate sensor backpack; we recently saw insect-mounted sensors on the likes of honeybees who can map their own movements.

    But powering cockroach-mounted sensors for any time is more of a problem, and that’s where this fuel cell comes in. Where batteries are heavy and need recharging, the cell makes its own fuel from the cockroach’s own body fluid. The insect’s blood lymph contains trehalose, a type of sugar that is taken up into a miniature “tank” inserted in the cockroach via a permeable membrane. You just have to make sure the roach is well-fed so supplies are maintained.

  • Rain returns to California, but...:
    The incredibly dry conditions brought about by the [Ridiculously Resilient Ridge] mean that much of the San Francisco Bay Area has been drier than Death Valley over the past six months or so–and perhaps even drier than parts of the northern Sahara Desert. At a recent press conference detailing the unprecedented measures currently being undertaken in response to California’s exceptional drought, a Department of Water Resources official claimed that California would need to receive heavy precipitation every other day between now and the beginning of May to eliminate the existing precipitation deficit.
  • On today's Kagro in the Morning show,  the Christie saga continues, with former aides taking the 5th and refusing to comply with subpoenas. Greg Dworkin joins us to talk about that, the new Republican threat to the ACA's "risk corridors," and Arkansas Republicans' attempt to boot 85,000 people back off their new-found health care coverage. Next, a little background on the Bridgegate contempt mechanics. A look at the House's super-important floor business for today, the "Sportsmen's Heritage And Recreational Enhancement Act." And Elizabeth Warren backs a new proposal to let the US Postal Service offer basic banking services.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

  •  They are shooting stray dogs in Sochi (7+ / 0-)
  •  I'l admit that I find the Winter Games to be dull (4+ / 0-)

    The only winter sport that I find oddly entertaining is curling

  •  Outlaw Cyborg cockroach slaves (3+ / 0-)
    Recommended by:
    annieli, high uintas, Aunt Pat

    and only outlaws will have Cyborg cockroach slaves

    I want 1 less Tiny Coffin, Why Don't You? Support The President's Gun Violence Plan.

    by JML9999 on Tue Feb 04, 2014 at 12:08:40 PM PST

  •  Taking my new sig line out for a spin..... (3+ / 0-)
    Recommended by:
    high uintas, Aunt Pat, Betty Pinson

    There has been confusion in the past.

    Yes/No/Maybe?

    I am Joe's Steven......

    by Joes Steven on Tue Feb 04, 2014 at 12:08:54 PM PST

  •  asdf (4+ / 0-)
    Recommended by:
    JML9999, high uintas, MPociask, Aunt Pat
    2.7 million—Number of adoptable cats and dogs euthanized in shelters each year

    Warning - some snark may be above‽ (-9.50; -7.03)‽ eState4Column5©2013 "I’m not the strapping young Muslim socialist that I used to be" - Barack Obama 04/27/2013

    by annieli on Tue Feb 04, 2014 at 12:10:21 PM PST

  •  Killing the stray dogs is a lousy way for (4+ / 0-)

    Russia to handle the dog issue. Wish there was an international organization that could step in and help get the animals adopted.

    I'm going to contact our state Humane Society and see if there is anything that can be done.

    Journalism is printing what someone else does not want printed. Everything else is public relations. ~ George Orwell

    by 4Freedom on Tue Feb 04, 2014 at 12:12:06 PM PST

  •  Way to save money, GM! Give the (4+ / 0-)

    top job to a woman. Typical.

    "The object of persecution is persecution. The object of torture is torture. The object of power is power. Now do you begin to understand me?" ~Orwell, "1984"

    by Lily O Lady on Tue Feb 04, 2014 at 12:17:58 PM PST

    •  Hope its a trend, though (3+ / 0-)
      Recommended by:
      MPociask, Lily O Lady, HeyMikey

      From the article, it seems Barra is better qualified, with more experience than GM's last CEO.  I wish her luck, its good to see that barrier broken.

      Maybe other corporations will take the hint and begin putting women in the CEO's office.

      Money is property, not speech. Overturn Citizens United.

      by Betty Pinson on Tue Feb 04, 2014 at 12:24:49 PM PST

      [ Parent ]

      •  First thought. (3+ / 0-)
        Recommended by:
        Lily O Lady, Betty Pinson, HeyMikey

        My first thought was.. "Yea CEO pay on the decline", then I saw WHY and it made sense.  And by sense I mean 'typical for this misogynistic world'.

        The DNC fired people up, the RNC just wanted to fire a person.

        by magicman3315 on Tue Feb 04, 2014 at 01:02:33 PM PST

        [ Parent ]

        •  That was my reaction, too. nt (2+ / 0-)
          Recommended by:
          Betty Pinson, HeyMikey

          "The object of persecution is persecution. The object of torture is torture. The object of power is power. Now do you begin to understand me?" ~Orwell, "1984"

          by Lily O Lady on Tue Feb 04, 2014 at 03:46:47 PM PST

          [ Parent ]

          •  Japanese vs. American car CEOs. (0+ / 0-)
            At GM, CEO pay on any given year could be as much as two hundred times what an assembly-line worker would have taken home; at Toyota, it was about a tenth of that. In 2006, for example, then CEO Wagoner made more than the top twenty-one executives at Honda combined, and somewhere in the order of fifteen times the salary of his equivalent at Toyota. The difference was not, shall we say, performance based.
            http://notesandrestsmakemusic.wordpress.com/...

            While I agreed with the general idea of keeping American autoworkers employed in 2008-09, I thought the way the government went about it was 100% wrong. Continuing this CEO-pay disparity at taxpayer expense was an outrage. The Obama administration should have cleaned out the whole GM board of directors (more on this below), dropped executive pay to Japanese levels, and invited any GM execs who were unhappy about that to find jobs elsewhere. And then the Obama administration should have hired execs away from Toyota and Honda to run GM. We could have tripled their old pay and still paid them far less than the US execs they replaced.

            And, if anyone has been paying attention, they'll have noticed that Toyota and Honda build better cars. Any list of cars by quality ranking will find the top slots dominated by Asian models, and the bottom slots dominated by American models. We pay the CEOs exorbitant amounts for horrible results. How about we divert some of that CEO pay into hiring more engineers, buying better materials, etc.?

            Yes, I know about the retiree-benefit problem. It's real, and it's significant. But it's not the whole story.

            Just like GM to start down the right road for the wrong reason. Uuuggggghhhh.

            "The true strength of our nation comes not from the might of our arms or the scale of our wealth, but from the enduring power of our ideals." - Barack Obama

            by HeyMikey on Wed Feb 05, 2014 at 08:37:42 AM PST

            [ Parent ]

            •  Board of directors problem... (0+ / 0-)

              CEO pay is generally set by a corporation's board of directors.

              To set CEO pay, the directors generally look at what CEOs of other corporations make.

              And who sits on corporate boards? CEOs of other corporations.

              "I boost your pay, which results in a boost in mine." It's a mutual-pay-boost club.

              "The true strength of our nation comes not from the might of our arms or the scale of our wealth, but from the enduring power of our ideals." - Barack Obama

              by HeyMikey on Wed Feb 05, 2014 at 08:41:01 AM PST

              [ Parent ]

    •  Bad comparison (2+ / 0-)
      Recommended by:
      FiredUpInCA, HeyMikey

        The article compared one person's starting pay compared to another's pay after 3.5 years of performance in that job. The largest difference was in the stock awards. That difference could be because the stock price was a lot lower when Akerson took over the CEO job and he was offered more shares. I'm sure Barra will do a terrific job and become as grossly overpaid as other CEOs.

    •  And then they'll use the excuse (2+ / 0-)
      Recommended by:
      Lily O Lady, HeyMikey

      that she doesn't deserve to earn as much as a male "counterpart" because (technically) no other comparable positions exist.
        When you are the only one in the company to do a particular job, the company always uses that against females (as the reason they aren't doing the same duties as a male making much more $$, even if the female's duties require more knowledge and experience.)  BTDT.

      My Karma just ran over your Dogma

      by FoundingFatherDAR on Tue Feb 04, 2014 at 12:35:58 PM PST

      [ Parent ]

    •  Akerson comes with a penis... (1+ / 0-)
      Recommended by:
      HeyMikey

      ...in many cases, sad to say, that's all you need to command a higher salary - qualifications be damned!

    •  more women in STEM! (1+ / 0-)
      Recommended by:
      HeyMikey

      This is the reason they keep pushing more women into STEM areas.  It drives labor cost down.

  •  I am not a bimbo! (3+ / 0-)
    Recommended by:
    Aunt Pat, Betty Pinson, high uintas

    Victoria Jackson is running for office an independent Tea Bagger. 'Cause Obama is a commie pinko soshulist! Also the GOP sold out!!!

    Otherwise, I can almost make myself giggle imagining "I am not a bimbo!" said in a Richard M. Nixon voice with double victory  signs and all....

    "If this Studebaker had anymore Atomic Space-Age Style, you'd have to be an astronaut with a geiger counter!"

    by Stude Dude on Tue Feb 04, 2014 at 12:20:33 PM PST

  •  Guess I'll have to cancel my veggie "garden" (4+ / 0-)

    this year due to the CA drought.  Though I'm not sure if the water saved on 3 large pots worth of veggies would make that much difference.
      I'm already down to one full shower/week.  Maybe if I cut that back to twice/month I could grow 1 zucchini plant.

    My Karma just ran over your Dogma

    by FoundingFatherDAR on Tue Feb 04, 2014 at 12:20:54 PM PST

  •  The weather outside is frightening (1+ / 0-)
    Recommended by:
    high uintas

    And the little black cat is biting...
    The big fat cat she's fighting....

    It's snowing here in Omaha.

    I think that I've just bought a bum used Up Plus 2 printer off eBay. :(

    If that isn't torment enough for today, I'm installing Windows 7 on the Big Mac for giggles. Right now I'm doing a driver chase. Sort of reminds of of playing with Windows 95-98SE back in another life. At least I don't have to wait 57 minutes for a driver to download over Soldier On-Line dialup....

    "If this Studebaker had anymore Atomic Space-Age Style, you'd have to be an astronaut with a geiger counter!"

    by Stude Dude on Tue Feb 04, 2014 at 12:27:05 PM PST

  •  watching the biathalon will probably my only (0+ / 0-)

    Olympic indulgence by I hope that regardless of the event, the medal ceremonies might have at least one dignified LGBT protest and yes this protest in 1968 was dignified:

    Warning - some snark may be above‽ (-9.50; -7.03)‽ eState4Column5©2013 "I’m not the strapping young Muslim socialist that I used to be" - Barack Obama 04/27/2013

    by annieli on Tue Feb 04, 2014 at 12:46:55 PM PST

  •  Wow, I will never kill a cockroach anymore ... (0+ / 0-)

    who know when I will need them to generate some power.

    What a story !! :)

  •  the #SpeakAmerican (0+ / 0-)

    tag, I didn't click on. Please tell me it's mostly snark.

    I can't bear it if it's really fully of very stupid people.

    Dawkins is to atheism as Rand is to personal responsibility

    by terrypinder on Tue Feb 04, 2014 at 12:51:02 PM PST

  •  the dylan farrow pushback is so (2+ / 0-)
    Recommended by:
    sneakers563, dicentra

    disturbing.

    I don't understand what this is about: when a famous person is also a predator, we have trouble believing the people he (or she, but mostly it's always a he) preyed on.

    Dawkins is to atheism as Rand is to personal responsibility

    by terrypinder on Tue Feb 04, 2014 at 12:54:18 PM PST

    •  In this case (0+ / 0-)

      I believe that it's because the investigation concluded that she wasn't molested and that she appeared to have been coached by her mother who had a quite obvious, and understandable, axe to grind. I think most people realize they have no idea whether they're witnessing a pedophile get away with it, or a particularly bitter break-up that has dragged on for 20 years.

      What do you mean by "pushback"? Are people attacking Dylan Farrow, or are they refusing to disown Allen absent new evidence?

      To believe that markets determine value is to believe that milk comes from plastic bottles. Bromley (1985)

      by sneakers563 on Tue Feb 04, 2014 at 01:32:08 PM PST

      [ Parent ]

  •  GM’s pay gap for its first female CEO (0+ / 0-)
    At first blush, the numbers look like the worst kind of chauvinism. Akerson was paid $9 million in salary, bonuses and stock for 2013; Barra's pay package that GM announced last month totals just $4.4 million, with $1.6 million in base salary and $2.8 million in short-term incentives. That's not only less than half of Akerson's pay while he was CEO, it's less than the $4.6 million contract GM gave him on his way out the door to serve as a consultant.

    Those totals set off outrage from opposing corners about how Barra's pay exemplifies the statistic that women earn 77 cents for every dollar men earn while doing the same work, and that the first female CEO of a major automaker shouldn't suffer such an injustice.

    But that's not the whole story.

    The hitch in these criticisms derives from GM not fully releasing Barra's total compensation, including what's often the largest source for CEOs known as long-term incentives — likely stock grants, options or both. GM won't make that figure known until later this year, when it asks shareholders in June to vote on bonuses for all top executives; until then, it's impossible to compare Barra's rewards as CEO to Akerson's. In addition, Barra made $4.7 million in her role overseeing GM's global vehicle engineering; rarely does a corporation promote a top executive to CEO and then ask them to take less money for more responsibility.[...]

    If those new numbers arrive and Barra still lags behind Akerson's final $9 million tally, then protests of inequality would be well-placed. But all indications suggest GM intends to raise the pay of Barra and its top executives now that it's no longer limited by the U.S. Treasury Department caps set as part of its bailout. In 2012, when Akerson earned $11 million, the company complained in federal filings that his compensation was "below the 10th percentile for executives in comparable positions" due to the caps. (It also complained the limits made it hard to recruit new top execs; the government overseers forced Akerson's pay down to $9 million for 2013.)

    http://autos.yahoo.com/...

    "I am not interested in picking up crumbs of compassion thrown from the table of someone who considers himself my master. I want the full menu of rights." (From "You Said a Mouthful" by Bishop Desmond Tutu - South African bishop & activist, b.1931)

    by FiredUpInCA on Tue Feb 04, 2014 at 02:10:16 PM PST

  •  Caucus night in Minnesota! Resolutions! Platform! (0+ / 0-)

    I've expanded on my intro to the MN DFL caucus - to - convention platform and resolutions diary that focuses on Free Speech and First Amendment issues:

    Resolutions and the MN Democratic-Farmer-Labor Caucus (7PM tonight, Tuesday Feb 4th) - Now with more Siri (Pornstar)

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site