Tuesday, December 20, 2011

How Much is too Much?


Forbidden berries.

With the world wide 'Occupy Movement' still showing signs of life, you would think the ultra wealthy would lie low to shift some of the negative attention away from themselves. A recent survey shows American CEOs enjoyed pay hikes of up to 40% this last year, with one chief executive earning (sic) $145m. This comes as the latest government figures show that wages for the majority of Americans are failing to keep up with inflation.
Three of this year's top ten earners came from the American Health care system. And, losing your job in health is not too shabby either. Omnicare's Joel Gemunder retired last August and received cash severance of $16m, part of a final year pay package worth $98.28m.
I am a free enterpriser to the core, and absolutely believe that someone should be paid what they are worth, but nobody or their talents are worth that much money.


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