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Originally Posted by Jim in CT
OK, since you clearly care about the workers, Spence....based on that data I showed, please explain to all the Wal-Mart employees reading this, why they should give a sh*t about what the CEO makes?
Clearly, the CEO's are not taking a meaningful amount of money away from the rank-and-file. So why demonize, or atempt to blame, the CEOs? Spence, you tell me, how much intellectual honesty is there, in demonizing the CEOs?
Clearly, the CEO compensation is not to blame for anyone else's angst.
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Sure it is. The CEOs appear to see increasing compensation regardless of performance. Blow out the numbers = $$$ lay off thousands = $$$ resign in shame = $$$. It doesn't matter, they're playing by a different set of rules. Wages for the majority have been flat the past 50 years...but the top keeps making more and more regardless of their performance...
The elite play by a different set of rules, that why they are demonized.
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If my statement is something a board member would make, as opposed to a community activist...maybe that's because the board member is rooted in the real world and driven by common sense, whereas the community activist is an ignorant, hysterical liar?
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Sigh...
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The Occupy Wall Street crowd wants it given to them. It doesn't work that way.
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You completely misunderstand their motivation.
-spence