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Big firms and their CEO are the ruling class. In a bad economic time their income jumped fivefold.
[QUOTE]Highest earners' pay rose fivefold in '09
By Ryan J. Donmoyer
Bloomberg News Tuesday, October 26, 2010 - Page updated at 12:16 AM
WASHINGTON? ?Those top-end Americans earned a combined $38.4 billion in 2009, up from $11.9 billion earned by 131 individuals with wages exceeding $50 million in 2008, according to Social Security Administration data.
Nationally, the average annual wage fell by $384 to $39,269 and the median wage fell by $253 to $26,261 during the worst economic slump since the Great Depression. The 74 top wage earners together made as much as the combined income of the 19 million lowest-paid people in America, who constitute one in every eight workers.
Another statistic of note: One in every 34 wage earners in 2008 failed to earn a single dollar in 2009.
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"Only Nixon can go to China." -- Old Vulcan proverb.
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To sit down with these men and deal with them as the representatives of an enlightened and civilized people is to deride ones own dignity and to invite the disaster of their treachery - General Matthew Ridgway
yes, bloody the messenger but, what of the facts?
In the realm of spirit, seek clarity; in the material world, seek utility
Gottfried Leibniz
I really don't understand the hatered directed at the super rich.
Hell, I hope to be one someday.
I pledge that when I am super rich one day, my first act as a rich guy will be to invite all members of WAB ( all expenses paid, of course> to a Celine Dion concert.![]()
I happen to know a particularly good bouncer of Antipodean extraction who will work for air-flights and booze.....
In the realm of spirit, seek clarity; in the material world, seek utility
Gottfried Leibniz
Oh, me too. I'm talking about in person. Much harder to engage in casual ass-hattery (as I just did and Pari reminded me) when the person is right next to you. Most people are pretty darned okay, political differences aside. I bet Rosie's a fun guy to have a beer with.
-dale
Well in that case, my Hilton has a bar and a bigass mtg room with a giant screen projector perfect for watching the election. The young republicans from the local college usually grab it for thier party, but if we beat them to it??
I nominate Joplin, MO, a nice central location at a hotel that I have the keys to.
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