Citing a pressing need to siphon wealth from workers to Job Creators, corporations have embarked on a long con to convince us all that excessive CEO pay is absolutely necessary.
All CEO bonuses should be based on something like the 3-year performance of a company and not quarterly. No more 'golden parachutes', no performance or salary bonuses decided by a board of directors but by a majority vote of stockholders. And anyone makes over one million a year has to spend one week every six months doing the most low-level job that company has.
That&#039;s why Home Depot prospered under &quot;Chainsaw&quot; Al Dunlap. His expertise at <strike>sucking Jack Welch&#039;s dick</strike> making jet turbines and railroad locomotives at GE just transferred naturally to selling 2x4s out of bins at the home center.
Tried to verify that on my Apple Newton but it&#039;s not working well these days.
All CEO bonuses should be based on something like the 3-year performance of a company and not quarterly. No more &#039;golden parachutes&#039;, no performance or salary bonuses decided by a board of directors but by a majority vote of stockholders. And anyone makes over one million a year has to spend one week every six months doing the most low-level job that company has.
&quot;The secret of life is honesty and fair dealing. If you can fake that, you&#039;ve got it made.&quot;
- Groucho Marx
Theirs is a high and lonely destiny.
The Socialite-Man&#039;s Burden ?
That&#039;s why Home Depot prospered under &quot;Chainsaw&quot; Al Dunlap. His expertise at <strike>sucking Jack Welch&#039;s dick</strike> making jet turbines and railroad locomotives at GE just transferred naturally to selling 2x4s out of bins at the home center.
One Australian mining tycoon thinks $2/day is an adequate miner&#039;s wage: <a href="http://www.latimes.com/busi..." target="_blank">" rel="nofollow noopener" title="http://www.latimes.com/business/money/la-fi-mo-ri...">http://www.latimes.com/busi...