Why Is the SEC Helping Target CEOs?

The SEC is now requiring information to be reported that could easily allow Occupy Wall Street types to target CEOs. The Los Angeles Times reports, “How much do CEOs make compared to their workers? We’ll know in 2018.” The Securities and Exchange Commission approved a new rule Wednesday morning requiring publicly traded companies to disclose the pay gap between chief executives and their workers. Chief executives’ pay is already disclosed in company proxy statements, so what’s new is that Read more […]

How Should Christian CEOs Treat their Employees?

While freely admitting that the reasoning in this essay at Christianity Today is sloppy, and the basis of the argument is not well grounded—non-sequiturs and misapplication aboundeth—I do think the overall concept is more than worthy of discussion. It is discussing the CEO who is paying all employees $70,000 a year and is reducing his own salary to that amount. CEOs have come to see their often grossly over-sized compensation as almost a “divine right”—no matter the impact on the overall Read more […]

Does the Media Want Us to Inspire Mass Shootings of CEOs?

Of course not, they would say. Anyone who would sit in their car and make a video about how unfair life is and announce a plan to inflict “retribution” on CEOs could only be suffering from a mental illness. But then why the obsession with the pay of CEOs? What exactly are we expected to do with that information? From Newser.com: “CEOs Now Make 257 Times More Than You.” They’re the $10 million men and women. Propelled by a soaring stock market, the median pay package for a CEO rose Read more […]

Megan McArdle Nails How Elitism Works In A “Democracy”

Megan McArdle wrote a post today arguing that Congress is not going to experience the same version of Obamacare as the rest of us. What does seem likely is that they will not have the experience that ordinary people have. For one thing, those who buy on the exchange are having their premiums heavily subsidized by the federal employment system. For another, as the New York Times reports, whatever exchange they’re on will make damn sure that whatever the problems regular folks encounter, Congressmen Read more […]

Reuters Proves That Lunatics Run Planet

How could I disagree with this headline? “Analysis: Washington becomes the biggest risk to the U.S. economy.” Because it isn’t actually an analysis of Washington’s toxic destruction of the world economy; it is an attack on anyone who might do anything to try to fix it. Consensus may be hard to find in Washington these days, but many corporate executives and economists seem to agree on one point: the biggest risk to the world’s largest economy may be its own elected representatives. Down-to-the-wire Read more […]