Friday, May 6, 2011

Did They "CHECK" with You?...and LIARS and CROOKS

According to an analysis by the Associated Press of S&P's 500 companies, which had the same CEO for 2009 and 2010 and using a formula which adds up salary, perks, bonuses, preferential interest rates on pay set aside for later, and company estimates for the value of stock options and stock awards for the day granted for the top 50 CEOs of this group. They did not call me. Did they check out with you? In any case, this represents "our" economic recovery. By the way, I know that these guys are fair and when you returned to work, I'm sure that your salary and "check" increased in the same percentage ratio as these leaders. In addition, I'm sure that these same companies increased their profits to the same ratio along with their stock performance. It goes without saying. Right? Also, to limit space, I only used a few of the top 50.
Philippe Dauman, Viacom, $84.5 million, up 149 percent.
David Zaslav, Discovery Communications, $42.6 million, up 265 percent.
Robert Iger, Walt Disney, $28 million, up 30 percent.
David Simon, Simon Property(malls), $24.6 million, up 430 percent.
Ahmet Kent, Coca-Cola, $19.2 million, up 30 percent.
Glenn Britt, Time Warner Cable, $17.3 million, up 10 percent.
David Snow, Medco Health Solutions, $16.4 million, up 23 percent.
Like I asked, how much of a wage increase did you receive?
LIARS and CROOKS: good old "helicopter" Ben held his first Fed newscast after their meeting last week. He admitted there was a little inflation, but it would soon dissipate. Funny, but the CPI does not include food and energy. I guess that last year(2010)when gas was high at $2.68 per gallon and now, approaches $4.00 per gallon and food(up 25 percent), forget about it, we're all on a diet for now, cause' our Fed leader said that these false signs of his spending by the Fed will soon disappear and he supports a "strong" dollar which is down from its purchasing power(joke) of .89 cents to .72 cents. You do the math.