Are CEOs Paid Too Much?

How can I put this diplomatically? Oh well, the answer is that it is NONE OF OUR BUSINESS! The Obama Government has done an excellent job of creating an anti-capitalist sentiment in the USA and to some extent in Canada. He is doing so by blaming business for sinking the economy when the truth is it is from excessive taxes, both personal and business and the fact that the 'baby boomers' have stopped consuming.

I am a business owner and what I pay myself and my staff is NONE OF ANYONE'S BUSINESS including the Government unless I am violating labour laws. I provide a service, and if I do a good job I am rewarded by having customers or clients. What I do with that income has nothing to do with the general population, nor are they ENTITLED to a kickback from it!

Now do I think that these bank CEO's (Not the same as owner) are overpaid? Well considering the current situation at American Banks, yes I think so. But that has nothing to do with the general population. It is only the concern of the stakeholders of the company involved. For the salaries and bonuses being paid, and the results they are getting, they have made some very POOR choices.

Now I know what many of you are thinking. The TAX payers have money in these banks and companies now, so it is our business. But the truth is that these companies should never have gotten any money from the Government in the first place. They should have been allowed to fail and seek bankruptcy protection! (AIG included). Hey a million dollars from the government would help me to upgrade my facility, and hire a few people, but the government would laugh at me if I asked.

What should you be screaming about? The governments involvement in business. They have proven time and time again they can't profitably run the country, so how do we really think they are going to be able to run a bank or car company? Would you personally finance a failing business? Well guess what, you are now! And it wasn't even your decision.

General Motors is going to end up in bankruptcy, despite billions of dollars from the US government. Why? Because they could not solve their problems with money. They need sales. Loans are temporary fixes, band aids.

And since I like beating a dead horse.....President Obama - Prime Minister Harper....Stimulate the economy by CUTTING TAXES. This will work, bailout will not!

As a final thought. Stop believing the Drive By Media. They lie as much or more than our officials do.