World Austerity question

[Ichingcarpenter]

$11 million annual salary is “modest,” says bailed-out bankster Chairman



Only in the banking world could you expect to hear such nonsense as the chair of a bank suggesting that an $11 milion dollar annual salary (including bonus) is “modest.”

The Royal Bank of Scotland Chairman is trying to suggest that because other bank CEOs are paid even more, his CEO’s salary of nearly $2m a year, and potential bonus of over $9m, are “modest.”

http://americablog.com/2013/02/chairman-of-bailed-out-bank-multi-million-dollar-pay.html

[pansypoo53219]

1. WHERE is the austerity in CEO pay?

PARTISAN SACRIFICE!

[freshwest]

3. What? And offend the 'producers' and 'job creators?' How dare you!

[freshwest]

2. Love the meme!

Part and parcel with these threads, you might cross post with them, Most recent thread is this, that I kicked a few times as there wasn't much response:

http://www.democraticunderground.com/10022346806#op

Here are two older threads with more detail:

http://www.democraticunderground.com/10021211288#op

http://www.democraticunderground.com/10021211364#op

It's difficult to get people going on this with the terminology. And there's the matter of the figures.

The parties involved have made money be simultaneously two opposing things: Money is everything and money is meaningless.

We need to get what is behind the creation of this system - the basics in human actions- to find a solution.