Sunday, March 30, 2014

US CEO INCOMPETENCE?

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In an Answer to  letter from a local congressman about jobs creation, which accomplished little to nothing:


Dear Sir:



There is only one way to creating the 31 million jobs lost since 1981, including half of that since the Bush/Obama  era. Right now there ARE 31 million Americans underemployed or unemployed. That is placing EXCISE TAXES OF 5% - 10% above the price of domestic made goods upon the treasonous OUTSOURCING anti-Americans.

Did you know, Congressman, that OUTSOURCING of jobs is merely a replacement for stupid CEO's of slavery? Did you know that boards of Directors of many corporations sit on each other's boards giving each other raises? Did you know I wrote a world wide article about that and that at least two Northern Euro nations have put into operation my advisory forbidding Board members to vote on salaries, bonuses, and benefits? And that each share holder has just one vote (not one for each share of stock they own, as in the USA) and so do employees? (I am not saying that my article was responsible for their idea, however. Great minds?)


Did you know that since 1981 American middle class workers have gained $1.45 in their income and that criminal corporate officers who once earned 25 times the average employee's salary, not through means that is we had  honest federal law enforcement agencies most CEO's could be tried and jailed under The RICO ACT for conspiracy to defraud shareholders? That is what any CEO is doing is they make more than the sacred 25 Times average employee Pay and benefits.

 
Did you also know that according to many studies, CEOs trail more than 30 - 40 other professional's in IQ by a considerable differential? They include: Professors, Doctors, Scientists, Researchers, Architects, engineers, Professional Football Coaches, Movie Directors and Producers and many others, including the CEO's and workers of Sweden, where the minimum wage is $19.00 an hour, and which CEO's and their employees share the exact same benefits, and those CEO's of the Top 50 Corporations there make an average of $1.8 million a year, and their corporations are very well received and profitable? Of course, unlike this administration and both parties, they have no plans to depopulate their working class.



FROM SHAREHOLDERS, employees, and the public in general. That is the mathematical magic number which pays well all from CEO to lowest employee, and that is why Sweden is called and surveys prove this, the Happiest people in the World. (Of course, if you have ever seen the Swedish females, you might say that is one more reason why the Swedes are so happy, and from what I hear the female women feel the same happiness about their Swedish men.) (LOL)?

The jobs per month figures from Washington are a joke, we need 830,000 jobs per month at above average pay and benefits for 5 years to put everyone back to work. And now even the most honest republicans and democrats I know are praying for the return of a new New Deal and a New FDR. And that is the real truth!

Conversely the Average CEO of the top 50 companies in America make $25 million a year which varies from 500 - 1500 times as much as their average employee, and they do not share the same benefits and more than 75% of those companies are not as profitable as those in Sweden. Any salary above 25 times average employee salaries is STEALING FROM SHAREHOLDERS, employees, and the public in general.


The jobs per month is a jokes, we need 830,000 jobs per month at above average pay and benefits for 5 years to put everyone back to work. And now even the most honest republicans and democrats I know are praying for the return of a new New Deal and a New FDR. And that is the real truth!


Professor Peter Bagnolo


I wish you a happy Easter, and say to you I will vote 100% Republican if my suggestions are put into operation by this congress and senate.

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