January 15, 2011

CEOs: 200x overpaid

Filed under: opinion — Penrod @ 12:44 AM
Tags: , , , , ,

Recently, I overheard a (Fox News?) program as it referred to something  purportedly said by Ben Afleck  (paraphrasing):

“There was a time when CEOs made 9x the average person’s salary.  Now the average CEO makes 200x what the average person makes.”

This blurb was like a cry in the night.  Do people hear and understand was was said? Does anyone pay attention? This type of situation is simply revolting!  For health concerns, I tried to immediately stop my juices from over-boiling.  But it was no use – so here we go………….

Are (given the above quirp) CEOs 200x better than the average person today, or is the distribution of weath horribly skewed?  (When I say “CEOs” I refer to them in general, and the system they control, or of which thare are a part.)

And don’t, right away give me that: “Well, they earned it, so they have it” kind of stuff.  If the playing field was as equal today as it was, say in the post WWII years of the 1950s, then an argument could be made to that way of thinking.

But, since those “golden days” when people had morals, and life was as fair as could be expected, the greedy decision-makers did as they did best: they decided…..then they created ways of increasing their positions, at the very cost of the innocents who only wanted to do their honest days’ work for an honest wage.  The CEOs stole from them! Period!

They went into partnerships with overseas concerns.  They looked for the cheapest possible cost for the maximum possible gain.  All the time they were not considering “where they lived” or what would be the “long term outcome”, or “is it okay to stab your own country in the back”?  Let’s face it. The CEOs acted simply as traitors to the United States of America.

Am I as a singlular person bitter?  Hell yes I am!  I worked hard all of my life, and did so in a way that an average person might reasonably consider that his/her work was to be enough for his/her fair share in the good that America offered.  This share, in an amount that befits his/her fair status in life.  But being (in effect) raped was never expected by those who honestly went about their daily work in an honest way.

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