Sunday, June 10, 2007
Insane, Immoral Pay of Corporate Officials
The pay of corporate officials is truly wrong. Tax and other public policy must be reformed to stop this destruction of American capitalism. I will ponder over the coming weeks some of the public policy actions that must be employed and implemented as quickly as possible to get this under control and reduced. For the American economy and our democracy to be in balance and working properly for as many citizens as possible, all publicly traded and held corporations must pay their executives, officials, and management no more than 15 times that of what the lowest paid employee in that corporation is paid. One can look back in history 40-45 years ago and more to see that was the case in America. And by no coincidence, this was the perioid of the greatest success for the working class and when family life in the US was in balance.
http://www.rockymountainnews.com/drmn/money/article/0,2777,DRMN_23908_5577618,00.html
http://www.rockymountainnews.com/drmn/money/article/0,2777,DRMN_23908_5577618,00.html
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