While you pay into your 401k, CEOs collect $250k in monthly pension payments
latimes.com
latimes.com
Statements like this really grate on me. Corporations large enough to afford seven-figure annual salaries already have dozens, if not hundreds of great, capable employees that could do at least as good a job as these guys for 100th of the cost.
The obscene salaries are purely the result of collusion.
Din't Ben and Jerry tried something like this and nearly killed their company twice ?
CEOs justify their high salaries by claiming they are one-of-a-kind individuals. I'm saying this claim is probably BS and that any sizable company is filled with people who are capable of performing at the level of most of these executive candidates. The fact that the company would also save money is just a nice side-effect.
http://seethroughny.net/pensions/
Or if you fancy over half a million a year, just be a retired history professor.
EDIT: I'm an order of magnitude out. $250k/_month_ in TFA. I misread that.
While we definitely will always have culture battles to fight between both parties, the reality is the Republican Party was essentially “captured” by the Koch Brothers starting in the 1980’s, and it made it drastically shift to the right on corporate issues. The Tea Party, which in the end is a force for good (really shocked me to write that), was able to internally destroy the Republican Party and thus undo most of it’s absurd corporate agenda, but by that time Citizen’s United has passed and perhaps half of the corporate shills or so fled to the Democratic Party, which is now also captured.
In conclusion, it will be the extreme wings of both parties, Tea Party on the right and Socialists on the left, that will save the economic system, but this solution wasn’t ideal and there could have been a better way.
The most fascinating part was probably that Tea Party individuals actually adopted and modified a lot of liberal tactics, specifically those from the book “Rules for Radicals”. Now we see a trend where liberals and people like the Democratic Socialists of America are adopting those modified tactics BACK INTO the Democratic Party.
> agenda, but by that time Citizen’s United has passed and perhaps half of the corporate shills or so fled to the Democratic Party, which is now also captured.
The height of pro-corporate domination of the Democratic Party was before Citizens United; the neoliberal wing of the party, while still dominant, has been losing ground for some time.
You seem to echo a lot of the propaganda that Bannon likes to put out, but you shouldn't mistake it for fact.