Wednesday, September 19, 2018
CEO PAY fails to keep pace with average workers salaries.
BUT, BUT ... I was told by Rep. Joe Kennedy III (D-MA) that CEO's make 300 times the average salary of their employees.
Which leads to an interesting little math factoid on my part. Using 300x as the rule, when I joined (then) Lockheed Missiles and Space Company as an average engineering employee in 1983, Dan Tellep, the LMSC CEO should have been making something on the close order of $12M. During the last 35 years, the cost-of-living has roughly increased by a factor of 2-1/2, LMSC has become the Lockheed Martin Corporation, and Marilyn Hewson is the current CEO of Lockheed Martin. If salaries had roughly kept pace with inflation, my 1983 'average engineer' salary would be about $100K (a bit high, but not out of the ballpark from currently available salary data) and therefore 300x salary would be about $30M. Hewsom's actual salary is $20.2M.
Politicians, especially Democrat politicians, would be well served if they had the math skills of an average8th grader high school graduate (I'm being generous).
BUT, BUT ... I was told by Rep. Joe Kennedy III (D-MA) that CEO's make 300 times the average salary of their employees.
Which leads to an interesting little math factoid on my part. Using 300x as the rule, when I joined (then) Lockheed Missiles and Space Company as an average engineering employee in 1983, Dan Tellep, the LMSC CEO should have been making something on the close order of $12M. During the last 35 years, the cost-of-living has roughly increased by a factor of 2-1/2, LMSC has become the Lockheed Martin Corporation, and Marilyn Hewson is the current CEO of Lockheed Martin. If salaries had roughly kept pace with inflation, my 1983 'average engineer' salary would be about $100K (a bit high, but not out of the ballpark from currently available salary data) and therefore 300x salary would be about $30M. Hewsom's actual salary is $20.2M.
Politicians, especially Democrat politicians, would be well served if they had the math skills of an average
NOT EVERY PROBLEM needs a government solution.
[J]ust because voters see a problem doesn't mean that they want the federal government to get involved. Voters believe there's almost always a better solution available.And they're right.
ON HURRICANES AND OTHER NATURAL DISASTERS: No, the media doesn't exaggerate or make things up.
What a load of bullcrap. Of course they exaggerate. Of course they make things up. If they didn't, they'd lose respect, power, and control when normal Americans discover that they can do quite nicely without media and deep state 'help'.
What a load of bullcrap. Of course they exaggerate. Of course they make things up. If they didn't, they'd lose respect, power, and control when normal Americans discover that they can do quite nicely without media and deep state 'help'.
SAVE THE DEMOCRATS! Vote Republican. Well, I'm certainly voting [Trump] Republican, and not because I want to save Democrats. With their socialist wing in power, I rather hope the current Democrat party is erased from the face of the Earth and replaced with a rational one.
GOV. MOONBEAM at the Global Climate Action Summit in San Francisco: "We’re going to launch our own satellite — our own damn satellite to figure out where the pollution is and how we’re going to end it."
In San Francisco, Gov. Brown, you don't need a satellite to tell you where the pollution is. Just look at the bottom of your shoes.
In San Francisco, Gov. Brown, you don't need a satellite to tell you where the pollution is. Just look at the bottom of your shoes.
SARAH HOYT: Those who walked away from sanity.
[T]he hardcore left is composed of equal parts idiots and evil people.It's depressing to see the fruits of liberalism, but read the whole thing.
KURT SCHLICHTER: Hollywood can’t (won’t) make awesome movies anymore.
Once upon a time, Normal people were Hollywood’s heroes, rebelling against the pompous windbags who wanted to keep them down. But that’s changed. Today’s elitists are those pompous windbags, and they are terrified by the rebellion of the people they desperately want to keep quiet and submissive. Hollywood doesn’t want to stir us up with entertainment that breaks the narrative. That’s why it serves us wimpy mush, cinematic Xoloft to lull us into dead-eyed passivity.Read it all.
MEMO TO MORNING JOE: America is not an idea.
Freedom is an idea, liberty is an idea, the United States of America is a country, with borders and laws, and a Constitution that is the greatest use of words ever put to paper by men.Socialism is an idea - and a stupid one at that.
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