Obama cutting CEO salaries

CNN reports tonight that President Obama plans to cut salaries of these bank execs. who keep paying each other billions of dollars while crying that their companies are bankrupt. In some cases, he will cut their pay by 90%. That’s because they are paying themselves over $90 million per year!!

I can’t even waste time beginning to explain the culture of greed that we all have been living under in America. They are despicable. The funny thing is, they probably even think they deserve it. 9/10th of America would like to give them what they deserve, and it ain’t a bonus.

From teaching sociology, the little I know is that American CEOs are paid by FAR–FAR FAR AND ABOVE what other countries pay their CEOs. WAY far and beyond. Our avg. CEO pay according to one textbook is $11M. That is not counting “bonuses” and other fringe benefits which far outweigh just their general salaries.

Then there is the wage “gap”. The avg. CEO makes 400 times what the avg. general worker makes. And that number, or gap, is growing. The gap is not as large in any European country you can think of. Ours is outrageous.

I wonder where we are going with such disparity in the world that 40% of the world live on what is comparable to $2.00/day here in the US. $2.00 per day. Try living on that for a week. You can’t do it. But 40 percent of the world does it. And we go through our days without thinking of them. How is the world set up so that this can happen? How soon before the world closes in on us? How soon before the US is hit with a massive backlash. I see a world caving in on itself, crumbling under the weight of massive materialism, ignorance, apathy and greed, all at the same time. The rest of the world is out there people, and they’re tired of watching their babies die and nobody gives 2 cents. They’re not in CNN every day because we really don’t want ot think about them. We don’t want to see starvation, hunger, disease and suffering on our nightly news. We’d rather see the latest Martha Stewart creation of how to make pretty pictures with glittery paint. (I saw this on Jay Leno last night, believe it or not.)

O CHILDREN OF DUST!
Tell the rich of the midnight sighing of the poor, lest heedlessness lead them into the path of destruction, and deprive them of the Tree of Wealth. To give and to be generous are attributes of Mine; well is it with him that adorneth himself with My virtues.

 (Baha’u’llah, The Persian Hidden Words)

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