Thurman James -- World News Trust
Aug. 26, 2009 -- While so many people in this nation struggle to survive, a tiny percentage of our population lives like kings, siphoning off nearly half of the wealth produced by the laboring masses of the world. We've all seen the reports: corporate CEO's raking in salaries of hundreds of thousands of dollars, bailed out banks paying employee bonuses in the millions, big insurance companies striking deals to preserve their monopoly on rationing medicine.
What sort of extravagant lifestyle do these people lead that requires such outrageous incomes year in and year out? What does one do with that much money?
How much is enough?
I've been asking that question for years now, and until very recently most people looked at me like I had three eyes or called me ugly names when I dared to wonder aloud -- but lately things seem to be changing.
While visiting relatives recently, a distant cousin in her seventies went off on a rant that took me by surprise. Our conversation touched briefly on the state of the economy and she railed against the vast disparities in compensation between working people and the executive elites of corporate America, condemning upper level managers and executives who make hundreds of times more money than the lower level employees who actually generate the wealth
A few days later, after the weekly meeting at my workplace, one of my co-workers -- a quiet gentleman approaching retirement age -- wandered away muttering, "How much is enough?" after the parking lot conversation touched on the differences in what owners and investors reap and what they're willing to pay the workers who facilitate their success.
Am I dreaming? Can it really be true? Is some part of mainstream America finally beginning to wake up and realize that oligopolistic capitalism and excessive executive compensation is at the root of so many of our problems today?
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