Politico-Economic Rant

This is what Reagan/Bush/Shrub economics have brought:

"U.S. CEOs earn vastly more money on average than their peers abroad, and about 600 times more than the average U.S. worker, up from just 40 times in 1980, according to academic studies of executive pay." (from Kevin Drawbaugh's article here)

The single largest transfer of American resources from the middle class to the highest 1% of Americans, like pigs to the trough, sucking up more and more of the slop off the backs of the very Americans whose hard work enables your CEO to buy his 4th Ferrari.

Of course, in the aftermath of the single largest monthly decline of jobs in five years, McCain says, "Today's unemployment figures are not good. They're not terrible but they're not good," McCain said.

They're not terrible...

By "not terrible", McCain means over 300,000 construction jobs lost in 15 months is "not terrible".

By "not terrible", McCain means that over 52,000 factory jobs lost in a single month is "not terrible".

But that's okay for the current administration, as their friends in the oil business get to sell gas at $3.50 a gallon.

This is what Reagan/Bush/Shrub economics have brought:

"U.S. CEOs earn vastly more money on average than their peers abroad, and about 600 times more than the average U.S. worker, up from just 40 times in 1980, according to academic studies of executive pay."

The single largest transfer of American resources from the middle class to the highest 1% of Americans, like pigs to the trough, sucking up more and more of the slop off the backs of the very Americans whose hard work enables your CEO to buy his 4th Ferrari.

Of course, the CEOs used to be able to argue that they bring value to shareholders.

Um, not so fast.

"In 2007, Mozilo was paid $1.9 million in salary, received $20 million in stock awards based upon performance and sold tens of millions of dollars worth of stock. In that year, Countrywide, the largest U.S. mortgage lender, announced big losses and weathered an 80 percent drop in its stock price."

"O'Neal's retirement packet from Merrill was $161 million. He got it despite being ousted days after the world's biggest brokerage reported the largest quarterly loss in its history."

So, either of you two asshats want to point me to the shareholder value?