Re: OPP wants to be in politics now
The thing with the CEO income started in the 1970s when CEO compensation changed from just compensation like normal people to compensation based on the stock price. Which in turn creates artificial pressures to do whatever it takes to increase the stock price no matter what. This is what destroyed Nortel. People looking to pad their pay by lying to bump up the stock price.
Other places like India, Europe, etc are beginning initiatives to get away from this insanity. A human being does not _need_ to be paid 20 million dollars a year or even more. After all the toys, that cash just gets socked away and sits. It doesn't trickle down to the working poor. Meanwhile these same wonderful human beings are looking to further increase their stock price by firing Canadians and bringing in slaves to work at Tim Hortons under the foreign worker program for minimum wage.
The thing with the CEO income started in the 1970s when CEO compensation changed from just compensation like normal people to compensation based on the stock price. Which in turn creates artificial pressures to do whatever it takes to increase the stock price no matter what. This is what destroyed Nortel. People looking to pad their pay by lying to bump up the stock price.
Other places like India, Europe, etc are beginning initiatives to get away from this insanity. A human being does not _need_ to be paid 20 million dollars a year or even more. After all the toys, that cash just gets socked away and sits. It doesn't trickle down to the working poor. Meanwhile these same wonderful human beings are looking to further increase their stock price by firing Canadians and bringing in slaves to work at Tim Hortons under the foreign worker program for minimum wage.