Eat the Rich: the most overpaid CEOs in US

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Meet the most overpaid CEOs in America    By Katie Herzog

Damn, it feels good to be a CEO.

Unlike everyone else in the world, executives have seen pay increases of an astonishing 997 percent over the past 36 years. Think about that for a second: While you’re struggling to afford the payments on your used Volvo, your boss’s boss’s boss’s boss has gotten raises of nearly 1,000 percent. It’s such a ludicrous statistic that is seems fake. And yet, it’s not.top_25_top_overpaid_20161

And who is the most overpaid of this highly overpaid population? As You Sow, a nonprofit that promotes corporate social responsibility through shareholder advocacy, has released its annual ranking of the 100 most overpaid CEOs — those who earn a great deal of money but aren’t necessarily doing a great job. While their names might not be familiar to you, their companies will be.

Drumroll, please.

Not only are these numbers obscenely high, the really crazy part is that CEO compensation is in no way linked to how well the company performs. Take No. 4, for instance, the CEOs of Chipotle, a company that is currently giving away free burritos in an attempt to claw its way out of a PR crisis: Both Chipotle’s stock and sales are down, but its CEOs made $57 million last year. Sounds fair.nyahem

It’s not just Chipotle. In fact, studies show that the more a CEO is paid, the worse the company performs. That was certainly true of last year’s most overpaid CEO, Anthony Petrello of Nabors Industries, who is notably absent from this year’s list. Petrello’s compensation was nearly $70 million in 2014; in 2015, Nabors — a natural gas company — saw such a decline in value that it was actually removed from the S&P 500 and cut nearly 3,500 jobs$70 million can buy you a CEO, it seems, but that CEO can’t make you a profit.ranchomirage

This year’s list includes ExxonMobil CEO Rex Tillerson, who comes in at No. 8 with a cool $33 million in compensation. Climate crime pays, it would seem.

In the meantime, the poverty rate in the U.S. continues to hover around 15 percent. That means almost 47 million Americans live on less than $24,000 a year — about as much as this year’s most overpaid CEO “earns” over one leisurely lunch.protest_DSC_8813

“Everyone wants to be properly compensated for the work they do — it is part of the American dream and bedrock of the capitalist system,” said As You Sow CEO Andrew Behar. “However, as shown in this report, the process which determines CEO pay is broken.”

And maybe — just maybe — the system is too.

How to Solve the Financial Crisis.. submedia tv

loot the rich

We know that The Stimulator is no economist, but we think his solution to the financial crisis is pretty cutting edge

The solution to the financial crisis from subMedia.tv on Vimeo.
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The post The solution to the financial crisis appeared first on subMedia.tv.

 

submedia.tv…. SINK THE RICH.. and Share the Loot!

sink the rich

This week we examine the contradictory notion of “Anarcho-Capitalism” and dismantle this illogical concept by illustrating current examples of why free markets have nothing to do with freedom. On the music break, San Diego based MC Odessa Kane with “GPT”

Continue reading “submedia.tv…. SINK THE RICH.. and Share the Loot!”

support both Rioters and Victims..Loot the Rich!

Last week London police issued an appeal to inform on 'All Anarchist Sympathisers'. Some people complained saying its a political philosophy not a crime, most anarchists are pacifists and feminists as it turns out. We made a badge saying 'I am an anarchist..Report Me'

Today’s badge supports our friends and kids..  now all being witch hunted because a few acted very badly…  Tag or share if you like it.

Facebook didnt LIKE this graphic at all. First they BLOCKED it from Tagging (so 800 friends didnt get it). 
Then they announced repeatedly that it was offensive (to the RICH) and HAD BEEN REMOVED.
 But it was not removed, maybe they had 2nd thoughts as it had been shared
please share or tag to counter the witch hunt!

This week the upper class and media are foaming at the mouth. screaming ‘Grass Up The Subhuman Slime’

Competing to vilify and criminalise all our friends and children who dared defy them. yelling ‘Punish them Punish the SCUM’

Harping on and on about  a tiny minority of really  anti social actions to turn half a million brave rebels into ‘Sickening Yobbos’.

Of course a money free shopper can’t defend him/her self.. Even though they’re usually just taking back a bit of what’s been robbed off them to pay for the wars, police, bloated bank accounts, mansions, yachts, private islands,  etc that our rulers are addicted to.

We live in an obscene system which is wasting and destroying. We need to band together urgently to make alternatives as this one falls apart.

Lets not be forced into condemning and grassing our kids and each other for fear of a Murdoch inspired witch hunt.

support both Rioters and Victims..Loot the Rich!