Tag Archives: CEO pay report

  best and brightest

CEO Pay Unnecessarily High, Say Commie Liberal Academics in Their ‘Study’

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. After all, they must ensure that the Best and Brightest are at the helm! CEOs make so many important decisions, every day, all the time! They must therefore make these important decisions from the comfort of a private jet, or they will soon be making all of these important decisions on behalf of another company — one that is willing to give them a private jet — because CEOs are in such wild demand and the pool of replaceable workers is so small. Except now, a bunch of commie-liberal academics have demonstrated that inflated CEO pay is not necessary in order to retain top talent given that CEO skills are not all that transferable. Also, when a CEO moves from one firm to another, they usually screw the pooch. Read more on CEO Pay Unnecessarily High, Say Commie Liberal Academics in Their ‘Study’…
  the rich get richer

Oppressed Megacorporations Still Manage To Pay CEOs More Than IRS

America’s filthy cabal of corporate slobs managed to grow another pustulating boil on the leperous skin of America’s crumbling collective human dignity according to a new report from the Institute for Policy Studies showing that a quarter of the nation’s top-paid executives took home larger checks than the ones their corporations mailed to the IRS. Bonus boil: many of those companies also spent more on corporate lobbying and campaign contributions than they paid in taxes! Let’s have a random example: “[General Electric CEO] Jeff Immelt earned $15.2 million in 2010, while the company got a $3.3 billion federal refund and invested $41.8 million in its own lobbying and political campaigns.” Ho-boy! So, this must mean there is some good news here for the average American, right?? Read more on Oppressed Megacorporations Still Manage To Pay CEOs More Than IRS…