You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #4: ha ha ha, the comments in response to that piece, plenty of RW crap. [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
NYC_SKP Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 09:26 PM
Response to Original message
4. ha ha ha, the comments in response to that piece, plenty of RW crap.
But I'm also glad that they published something as progressive as this:

",,,If you thought the goal of the system was to keep our air clean and to improve human health, guess again. If you thought the goal was to protect accumulated wealth and nourish the bank accounts of our largest corporations and our military industrial complex, with all the wars that may entail, then go to the head of the class.

And, surely, counterintuitive trends in executive compensation are more proof of the system working as intended. With the American economy still in the dumpster, and with unemployment and pay cuts rampant, what else explains the pay of top auto-industry executives? Results of a survey prepared for Automotive News showed that the median salary of CEOs from thirty-five publicly traded U.S. automakers, dealership groups, suppliers, and automotive-services companies rose 90 percent in 2010.

Take TRW CEO John Plant, whose total compensation of $41.1 million represented a 510 percent increase over the paltry $6.7 million with which he was forced to make do in 2009. Or Ford CEO Alan Mulally, whose 524 percent raise will surely help take his mind off the $14 billion in outstanding debt Ford is still digging out from underneath. Stephen Roell, Johnson Controls? Up 424 percent. (Note to Editor: I will settle for a mere 324 percent raise.)

Read more: http://www.automobilemag.com/features/columns/1110_noise_vibration_and_harshness_it_aint_broken_its_fixed/index.html#ixzz1c2VJxzzh
..."

:patriot:
Printer Friendly | Permalink |  | Top
 

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC