US CEO Pay has reached epic differential

This is sad, but not new. It has been going on for many, many years. And the problem is even more distressing when the figures are compared and contrasted with the CEOs in other “developed” countries.

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As reported in The Guardian today, US CEOs now make in pay 339 times the pay of the average worker according to a Bloomberg study of 225 companies. In retail companies, the ratio is 977 to 1 on average. Let that sink in a little.

A quote from the article entitled “‘CEOs don’t want this released’: US study lays bare extreme pay-ratio problem” by Edward Helmore is very revealing:

“According to a recent Bloomberg analysis of 22 major world economies, the average CEO-worker pay gap in the US far outpaces that of other industrialized nations. The average US CEO makes more than four times his or her counterpart in the other countries analyzed.”

Some people may push back and opine that US CEOs may be worth 4X that of their non-US industrialized nation counterparts. If that were true, it would be mean US company performance is 4X that of non-US companies…

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Good People Doing Good Things — More From Youth Service America (YSA)

Amazing kids. There is hope! Another stellar post from Jill Dennison.

Filosofa's Word

Last Wednesday,  I highlighted a man (Steven Culbertson) and his organization (Youth Service America – YSA), and I promised to come back this week to highlight just a few of the kids and projects this wonderful organization has helped launch.  I am so encouraged when I see these young people, read about how they see it as their responsibility to help others, help the environment.  The first young man I would like to introduce you to is one that Mr. Culbertson mentioned last week, Jackson Silverman.  Jackson got his start in philanthropy, with the help of YSA, at age 12!  I will let Jackson tell you a bit about it …

“My brothers and I are lucky.  When we get hungry, we know that we will get fed.  But not every kid is so lucky.  A kid doesn’t have a lot of choice about hunger.  A kid can’t make their…

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Good People Doing Good Things —

remarkable people doing remarkable things. They are out there folks and they give us all hope!

Filosofa's Word

We make a living by what we get; we make a life by what we give — Winston Churchill

I apologize for missing the Good People post last week, but I hope that this week’s selections will make up for my temporary lapse.  As you all know, every Wednesday, I dedicate my morning post to good people who are doing good things either for humanitarian causes, the environment or the animal kingdom.  Sometimes they are people or organizations that are making huge differences, such as Bill and Melinda Gates and their foundation.  Other times, they are ordinary people like you and I who have simply found ways to make a difference, to leave the world just a little better for their having been in it.  Today’s selections are all people who care about others enough to give of themselves.  Read on …

Biblioburro

Luis Soriano Bohorquez is known as the…

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It’s Working!

The NRA boycott of companies that do business with the NRA is actually working! God Bless the kids!! They started this after the shootings in Florida! See this: https://www.yahoo.com/news/us-companies-cut-ties-nra-172636770.html

 

Thoughts on Integrity

Wise words from a wise woman!

Filosofa's Word

Integrity: the quality of being honest and having strong moral principles; moral uprightness.

Somewhere along the way, between the signing of the U.S. Constitution in 1787 and the era of Trump that began 230 years later in 2017, we, as a nation, lost our integrity.  There is no integrity in our federal government, nor, I suspect, in the states’ governments.  There is little, if any, integrity within the medical profession.  There is no integrity in the religious community, and less than there should be in our schools.  And We The People are complicit in the destruction of integrity in this nation.

We The People are willing to accept a president who lies so much that he would not recognize the truth if it smacked him in the face.  We The People are willing to vote into office, members of Congress who take bribes from corporations and lobbyist groups.  We The…

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Good People Doing Good Things — Mama Rosie

Jill has hit it on the head once again: a truly inspiring story!

Filosofa's Word

You probably don’t remember, but back in mid-October, I mentioned that I had started a piece about ‘Mama Rosie’, who was definitely a good candidate for this feature, but that she had done so many wonderful things that I couldn’t finish the piece in time for that week’s post.  At the time, I thought I would feature her the following week, but who-knows-what came along and distracted me, and I never did return to finish that one.  Mana Rosie is back on my radar this week, however, because apparently I am not the only one who thinks she is worthy of notice.  Mama Rosie, aka Rosalia Mashale, was one of CNN’s Top Ten Heroes of the Year for 2017!  So without further ado, please allow me to introduce … Mama Rosie!!!!

Mama RosieIn 1989, Mama Rosie was a schoolteacher who had recently retired and moved from the Eastern Cape to the…

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Good People Doing Good Things … Three Amazing Kids

Two kids who know what Christmas is all about and a young woman who is wise beyond her years! Terrific stuff!

Filosofa's Word

Have you ever noticed that for some reason, people seem kinder around this time of year?  People just seem more willing to open both their wallets and their hearts during the Christmas season, and I don’t see it as a religious thing, for many of the most generous people are not Christians.  There is just a certain magic that comes from the lights, the scents, the sounds, that makes people feel better.  This week’s ‘good people’ post begins with a young man who shows us his “Christmas Spirit”.


Jayden Perez – age 8

His name is Jayden Perez and he is 8 years old, living in Woodland Park, New Jersey.  Not long ago, Jayden told his mom that he wanted to donate all his Christmas gifts this year to the children in Puerto Rico who lost everything to Hurricane Maria in September.  But his mom, Ana Rosado, gave him the…

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Beneath the Surface Lies a Slippery Slope

Jill always has important things to say and today is no different. This is well worth your time.

Filosofa's Word

After a discussion last evening with friend and fellow blogger John about whether it would ever be acceptable to place certain limitations on 1st Amendment freedom of speech, and if so, under what circumstances.  Now, it’s been a lot of years since my last ConLaw class, so I had to dig out some notes and texts, but let us review briefly, the history of free speech in the U.S..

The U.S. Constitution was signed and ratified in 1787, but the first ten amendments, commonly known as the Bill of Rights, was not ratified until 1791.  The first real curtailment of free speech came some seven years later, with the Sedition Act of 1798.  At the time, war with France seemed imminent, Congress and President John Adams feared treason by French sympathisers within the U.S., thus was born the Sedition Act of 1798, which required criminal penalties for persons who…

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Good People Doing Good Things … Little Things Mean A Lot

We don’t hear about what the good people around us are doing, often quietly and without fanfare.

Filosofa's Word

I started today’s good people post about a single person, Mama Rosie, who is doing wonderful things.  But, she is doing so many wonderful things, and having such an impact, that I quickly realized I would not be able to finish it in time, so I switched gears (another symptom of my bouncy mind) and decided to write about multiple good people doing good things.  I went in search, and I found these …


I had never heard of the band Midnight Oil, but of course daughter Chris had … she knows every band that has existed since the beginning of time (and refers to my music as “bad taste”).  Anyway, the band Midnight Oil, an Australian band dating back to the 1970s,  is giving a concert in Fremantle, Australia on 29 October.  According to the band’s lead singer, Peter Garrett, every single cent will go to support marine…

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Good People Doing Good Things — Team Rubicon

A remarkable and uplifting story about some of the good people who seem to be ignored by the media.

Filosofa's Word

His name is Jake Wood and his story started with a simple Facebook post: “I’m going to Haiti. Who’s in?” It was January 2010, and the island of Haiti had just suffered a devastating earthquake with a still-disputed death toll of between 100,000 and 315,000.

Jake had only been out of the U.S. Marine Corps for a few months, and was planning to enroll in business school when he began seeing the pictures of the devastation in Haiti and thinking how much it reminded him of similar scenes from Iraq and Afghanistan, where he had served two tours of duty.  He realized that the skills he had acquired in the service, including the ability to adapt to difficult conditions, work with limited resources and maintain security in a dangerous environment, were sorely needed. And that was when he put out the Facebook message.  Wood persuaded his college roommate, a firefighter…

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