Papantonio: CEO Pay Going Up, Up, and Away

[GoLeft TV]

For the first time in world history, the 10 highest paid CEOs in the US all received more than $100 million a year in direct compensation, and two of them took home billion dollar paychecks.

That is after Americans went through all that public drama and soul-searching where they were holding public media events and shareholder meetings asking those ridiculous rhetorical questions, like, is the system broken? Should management really be making 400 to 500 dollars for every one dollar an hour that a worker makes? As double digit increases every year for top management takes place, dramatic decreases in compensation benefits for America’s workers continue.

Ring of Fire’s Mike Papantonio guest hosts The Big Picture on RT America and joins author Les Leopold to discuss sweatshop capitalism in America, and how the big CEOs of this country are reaping the benefits of hardworking Americans with no end in sight for their rising salaries.

More at Ring of Fire.

[blkmusclmachine]

1. ,

,

[Iwillnevergiveup]

2. Strip mining

Ugly term, ugly practice.

K&R

[adirondacker]

3. I like this guy's attitude! I only wish more Democrats were on board. nt

[Amonester]

4. ALL STARTED WITH REAGAN

or B4, but they were contained then...

Not anymore. See where that got you, America?

And now, their strip-mining is spreading all over the world!