As politicians in California from the state down to the local level, run around cutting education and other public services, the head of Disney rests secure in his bed. His work insurance plan gives his heir $4.5 million if he dies on the job. But investors are getting a little upset with some of the benefits these guys get. The Shaw Group at its annual shareholder meeting decided to put what the Wall Street Journal calls a nail in to the "golden coffin" deals that executives get. Still, the company CEO's family will get the promised $18 million after his death. AFSCME, the public sector Union is pushing for these curbs as they are "the ultimate non-performance based perk" says an AFSCME spokesperson. One would wonder what sort of performance brings a death benefit of $18 million, no wife, husband or parent of a person killed in Iraq or Afghanistan would receive such a benefit and when the politicians decide to send our youth to these escapades they say that it is the ultimate sacrifice-------not worth much though. With pathetic responses like these to this robbery, it is no wonder the heads of organized Labor are about as popular as CEO's in opinion polls. They would be even more unpopular if people, including their own members, knew who they were.
Bernie Madoff, the swindler who bilked people and charities out of some $50 billion wants his wife to keep her share of the loot as its in her name and had nothing, absolutely nothing, to do with the swindle. He is free and staying at his $7 million Manhattan penthouse. He wants that and another $62 million in assets to remain in the family. He honestly says it didn't result for the fraud.
And working class people are in jail for stealing pizza.
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