Retail therapy: Mall chief's $137M year
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A wise friend told me " easiest way to raise Social Security is link the entitlement to Congressional pay". Another friend once told me "if you take all the Senators and Congressmen, put them in a bag, tie it shut and beat it with a stick you will not hit the wrong person".
After reading about the millionaires in Congress I believe both of my friends.
We really need to be looking at not for profit status 501C3 companies. I am appalled at companies like Ascension Health which is supposed to be for the poor and their CEO makes over 3 million dollars. Where is the justice in that for serving the poor.
Ascension also has the gall to fire people when they reach the 20 years of loyal service to them with so much as no severance and then fight unemployment.
I wish the IRS would continue its look at this company.
Economy keeps tanking like a yoyo but these ceo's just keep getting richer. corporations are the best liars in the world and get away with it. they say they make no enough money but they sure give it away by the bucket fulls to corp officers.
One of JCP's newest strategies is to get rid of 95% of full time employees and cut everyone down to 10-20 hours per week. This leaves a ton of part timers working for the stores. How does this help? They no longer have to pay benefits. I know people who have worked for this company for 20 plus years and now they are working 8-12 hours per week.
How in the hell are you supposed to pay your bills on this? Where are you supposed to get health coverage?
And now this idiot gets 50 plus million dollars? Whats wrong with this picture?
one word for this CEO and the company who gave him over 600% what he earned.....
I think the problem with many people in Mr. Dimon's position truly believe they are worth what they are paid !
You see this with most of the top level people whether they are actors, sports players, doctors, lawyers etc.
After long periods of their being told how "GREAT" they are many start to believe it. So in turn the exorbitant money they receive they begin to truly believe they deserve it.
Put Mr. Dimon in a job digging ditches 8-10 hours a day, or in a job with no health benefits or retirement for a year. I think you would see him change the tune he sings very quickly.
I have been writing to my Senators and Representatives for decades. I have had the most correspondence in the last 15, when American Corporations, with Washington's blessing, gave the finger to our middle class and gave their jobs to China, Mexico, and India.
Encourage your friends and family to contact Washington. Put signs on the highway that say you have had enough of our Government.
Let us all join together as they did during the first days of the American Revolution, and take back our Country, before it is destroyed.
To think many still feel that a higher tax for wealthy is wrong.
TIME TO RETHINK YOUR POSITION!
Just another example of an overpaid CEO who is out of touch with reality and makes millions off the backs of the real workers.....a perfect example of what is wrong with business here in the USA....
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[BRIEFING.COM] The major averages slipped out of the gate with the S&P 500 (-0.8%) surrendering its July gain. The benchmark index is now down 0.4% in July with today's session representing the last trading day of the month.
All ten sectors began the day in the red with energy (-1.1%), health care (-0.9%), industrials (-0.8%), and consumer discretionary (-0.8%) showing noteworthy losses. Meanwhile, the financial sector is the top performer, but the second-largest group is still down ... More
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