Here they come--America's Drill Team! Out front are the two high-strutting leaders, John McCain and George W, thrusting their drum-major batons and chanting "Drill! Drill! Drill!" Right behind them are the famous Marching Lobbyists of Big Oil, and--look!--prancing alongside are House minority leader John Boehner and the Merry Pranksters of the Republican caucus, doing a precision routine of call and response
Sign up for email alerts, from breaking news to weekly commentary:
Find more content in these topics: Corporate greed, Money, Poverty, Wealth
Visit Hightower's General Store, to buy high-power Hightower books and other goodies like that.
Home | Contact | RSS | Privacy policy | Copyright Public Intelligence, Inc., all rights reserved 2003-2007
OUR GAPING ECONOMIC DIVIDE
According to faireconomy.org, which analyzes CEO pay, perks, and pensions, in 2006 the chieftains of Fortune 500 corporations averaged $10.8 million each in pay--more than 364 times the annual paychecks of the average U.S. worker! On top of this, CEOs salted away an average of $1.3 million in pension gains in 2006, and they averaged another $438,000 in such freebies as personal travel on corporate jets, country-club fees, and even corporate payment of their taxes.