I Want It All.

       There's been a lot of talk of late about investors having some say in how much management gets paid. In Europe it's really beginning to catch on. And why not? If you consider what a lot of these folks get paid per year, you'd be surprised. Or maybe not. I guess many people aren't surprised that some CEOs make millions each year. After all, if an NFL quarterback can make $120 million over five years, why not the head of a major corporation employing hundreds of thousands of workers?
       But just stop and think about it a little bit. If you make $120 million over five years, that works out to about $24 million per year. Isn't that a bit obscene? I mean, what family you know that couldn't live on that much for the rest of all of their lives? And do it quite comfortably thank you very much. Same with corporate leaders. One year's income would be sufficient to live on, easily, for life.
       So what's the deal with these mega-income packages? Hey, even when they get fired, the severance pay is enough alone to feed a whole town indefinitely. So it's not based on any scale of need. The pay seems to be based on a competition. If one guy gets ten million, then the next guy wants ten million and one. Actually it's more like wanting, and getting, twenty million.
       But a lot of these folks are way past the tens and twenties. They're into the hundreds of millions and several hundreds of millions. There was talk a while back about the Treasury making a trillion dollar coin or bill. If things continue, corporations will need those high priced coins for their higher priced bosses.
       But I can see the point of these corporate investors. They'd like a piece of that action for themselves. Can't say I blame them. After all, they're the ones who put up the money in the first place. If a CEO wants a hundred million, let him put up the money for it himself.