Monday, December 19, 2011

CEO Pay up 36.5%

http://blogs.ajc.com/jay-bookman-blog/2011/12/16/this-will-make-your-holiday-brighter-ceo-pay-up-36-5/
CEO pay was up 36.5% last year.
Didn’t everyone get a 36.5% raise last year? Raise your hand if you got that. Raise your hand if you got a 26% raise. Raise your hand if you got a 16% raise. Raise your hand if you got a 6% raise. Hey how come nobody is raising their hands?
Republicans say Obama is redistributing wealth and they are correct. It is all going to the top 1%.
The good news is the rich people are the “job creators”. The more money the rich people have the more jobs they create. (Clearly).
Three of the 10 highest paid CEOs work in the health-care industry. How can that be??? I thought Obama killed the Healthcare industry. How can healthcare companies still be doing so well?
The highest paid CEO is John Hammergren at McKesson. He made $145,266,971.00 in 2010. So I am thinking who is this guy? What did he do to earn such staggering money? Did he invent the Ipad or something?
Turns out this guy got Billions and Billions of Dollars from Obama’s Stimulus.
http://sites.mckesson.com/AchieveHIT/stimulus101.asp
Mr. Hammergren had direct access to President Obama and advised him on healthcare issues. He was at Obama’s Healthcare summit in 2009. Wasn’t everyone invited to that? It is clear the advice he gave was for Taxpayers to pay lots of money to McKesson. McKesson in turn put millions of dollars in Mr Hammergrens bank account. Isn’t that the way Capitalism works. Doesn’t everyone have direct access to Obama. His stimulus was suppose to create jobs. In reality it just made rich people a richer. Fantastic!
http://www.footnoted.com/my-big-fat-deal/a-tale-of-two-paychecks-at-mckesson-ca/
At McKesson, CEO John H. Hammergren got $16,935 in financial-counseling fees, $100,560 in free personal trips on the company aircraft, $122,177 for “installation of home security devices and/or for security monitoring services” (nice of them to be specific) and $9,006 for a car and driver.
Making 145 Million is not enough to afford your own driver…You need a separate allowance for that.

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