Like all good multi-millionaires, Starbucks CEO Howard Schultz, Apple’s Steve Jobs and Google’s Larry Page and Sergey Brin, John Mackey of Whole Foods, and Richard Fairbank of Capital One, are giving up their massive salaries to show their solidarity with the common man.
Pfffffffffffffffffffffffffffft.
They are supposedly being paid a salary of just $1--although in the case of Starbucks chief Howard Schultz, the company's board asked that his salary actually be $10,000 a year.
How will he ever survive?
How will any of them ever survive?
Oh, I forgot, in the case of Schultz, he's worth 1.1 billion. So, I guess the dollar a year really isn't that big a deal.
These guys act like taking a $1 a year salary shows how in touch they are with us little folks. But what they are really doing is spitting in the face of anyone in this country who is struggling right now, who may be losing, or have already lost, a house, a job, a car. These billionaires, slapping themselves on the back because they believe they're the good guys, are living off the billions they've stockpiled over the years, driving big fancy cars up to the gates of their massive mansions on the shores of Lake Megabucks.
These rich SOBS playing that, Oh, I feel so sorry for the little guy that I'll only pay myself one dollar this year need to realize that if the average employee, earning, say, $25,000 a year, took the same pay percentage pay cut, they would be earning two-tenths of a penny.
Sounds like Schultz and the boys really care about the little guy now?
Bob,I agree compeletly with you. How do these CEO's get to this point making this much money a year! And they will never spend that much in their lifetimes. It's not like they are performing mircles or rocket science. Nice post!
ReplyDeleteWell, I don't begrudge them their salaries, per se, although they are a bit out of whack.
ReplyDeleteBut it's the idea that they take $1 a year salary and expect all of us to say, "Poor you."
Pffffft.
so at $1 a year, he certainly can't eat at Starbucks....even once. You know how one always takes a loss breaking into the retirement money for a little loan.
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