my ltte re:CEO pay and unemployment printed today

[w8liftinglady]

somehow I don't think this one will be as well-received as my others
http://www.thedailylight.com/articles/2010/09/08/opinion/doc4c87b31154523734370289.txt

As Labor Day has come and gone, there are still questions that go unanswered. As Americans, we deserve answers.

In 1970, the average CEO salary was approximately 25 times the workers’ salaries ... averaging about $700,000. In 2009, the average CEO salary was 310 times the workers’ salaries ... averaging $3.5 million dollars. This figure does not include millions of dollars in stock options that these CEOs possess.

http://www.aflcio.org/corporatewatch/paywatch/ceou/clcfind.cfm?state=TX

Despite these bloated salaries, the Top 50 companies for CEO reimbursement laid off over 1 million employees between 2008-2009.

http://www.kansascity.com/2010/09/01/2191243/ceo-compensation-totaled-598-million.html

Add to this the number of positions that have been shipped overseas to the lowest bidder. According to a study done by UC-Berkeley, 14 million service jobs are at risk of shipping overseas.

http://www.berkeley.edu/news/media/releases/2003/10/29_outsource.shtml

The solution given by the GOP is to lower taxes for the top 2 percent of citizens with the impression that it will increase investments in business. The thought is that increased profit will equal job creation. This has not been the case so far.

President Obama has presented a program to revamp the United States infrastructure ��” namely roads, railroads, bridges and rapid transit ��” in an effort to return many unemployed citizens to work. The $50 billion price tag will be covered by repealing tax breaks for American oil and gas companies, thus avoiding adding to the national debt.This has been endorsed by many progressive economists as the only true way to restart the economy.

Citizens who are affected by the downturn in the economy need to educate themselves on the true status of the economy. Do the CEOs have your best interest at heart?

[GCP]

1. Good one

I live in 'liberal' Massachusetts and we have a number of trolls who regularly post their hate on the local newspaper website in reply to other letters or articles they don't agree with.
I don't know how I'd feel living in a red part of the country.

[w8liftinglady]

2. they generally don't comment on my Veteran letters...the other ones,however

you know-where we have to take care of the poor,sick,homeless....they don't have a problem with those.I have been called a socialist,fascist,communist more times than I can remember...