Americans are getting what they deserve......we collectively permit this insanity to continue.
Back in the 50's, 60's, 70's when I was a kid mom stayed at home raising all of us while dad was the breadwinner. His pay was fine, the benefits appropriate, the stress of the job was minimal, prices of goods and services were reasonable, dad's retirement was guaranteed, medical care was top notch and the doctor even made house calls. And not surprisingly the CEO's of the companies lived in the same neighborhoods, they just had a bigger house, they were one of us (not some golden castle like they have now).
Then the 80's arrived and greed and power took over and a whole lot of propaganda was introduced to reshape our thinking, and we allowed it and that's what we now have.
We know what we have to do reverse the course we are on, but we don't want to vote "our" Senator or Representative out of office, just the other guy. We know we have to publically finance elections like European countries do so Politicians are not puppets to the Trans-National Corporations. We see and feel the income disparity that exists but we say and do nothing about it. We know we tend to listen to the "talking heads" and their propaganda too much and we are too lazy to research all sides of an issue for the truth. We know we need to put our foot down when politicians want to wage war but we remain silent.
We know what we must do.....we just don't want to get involved.
- is it to shove it in our face to make us feel inadequate?
- is it to rile us up ? Just finding a job that pays a living wage is tough these days!
- or is it just to show the reality of what has happened between the middle class and the highest income earners?
Personally I'm okay with people who are logically compensated for doing a great job - however, when they are compensated even though they tanked a company, that p*ses me off! And even worse are the ones who lay off a bunch of employees just to reduce their overhead costs and consider that a company "win"!
....but the saddest part of all of this is that there really are people who are starving in the USA, there are people who are really homeless, there are people who have been looking for a job for a few years now since the crash....and yet we have people who are mega-millionaires and billionaires, some of whom have advised our government to balance the budget by taking away a percentage of Social Security - of course this would only hurt the little people who have worked hard and paid into it all of their lives, while these big shots wouldn't miss it.
It's easy to say that we all have opportunities and all it takes is initiative and hard work and we can become millionaires as well.
But that logic is very flawed. There are some 300 million people in this country alone. lets say tha tomorrow we all wake up ambitious and proceed to take initiative to become millionaires. So who will serve us food in the restaurant, wash the dishes, fix our cars, do our landscaping, clean the toilets, etc... It is imposible for everyone to become a millionaire.
I am by no means rich, I make about 100K per year and am in my mid 50's. I can tell you that when I was in my 20's and making 12K-15K a year I had more disposable cash and could afford to do more things then than I can now. So, I feel for the people who do the menial jobs, someone has to, knowing that their quality of life just keeps spiraling down. I do warn you though, we the middle class and lower class people are still the vast majority and one of these days we will wake up and say 'enough'
QUOTE: "Stress levels may be high at the top, but so is the compensation." END QUOTE
Ha ha ha!
Are you implying that some of the common-folks don't have high stress levels at work?
But we still get paid average to low salaries....micro-fractions of what these guys get paid.
Doctors who save lives don't even get paid anywhere near what these guys get compensated with their stock gains and bonuses.
After reading this we should be outraged.I hear Republicans on Fox saying the minimum
wage should be dropped.Robber barrons could care less about the common man.Let
them eat cake.
Start by looking at the base pay and then the stock compensation.
This is simply a method of taking a benefit PURCHASED at the expense of our equality (tax loophole) to pay FAR LESS TAXES than the average man is ever going to be in a position to use EQUALLY! As in 35% for us peons and 12-16% for those in a position to THWART EQUALITY OF LAW!
If these big wig and corporate bizarre and completely unfair loopholes were not in use over the last 2 decades our nation and our economy would be in a position that left far less feeling screwed!
Why is Rupert Murdoch on the list? He should have been removed in the wake of the last scandal.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Serious issues like drought and the deterioration of the developed world spell opportunity for this industry leader.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.