There is a large wage gap between executives and average workers
Ed Bradford / November 6, 2011 at 7:15 PM ST
There is no legal way to limit CEO pay.
"Limited Liability cannot be enforced across state lines"
is a simple constitutional law that would have avoided our recent economic discomfort. (I've read 12 books on it. If I'm wrong, please to me explain why.)
If Dick Fuld, Frankin Raines, Jim Johnson, Hank Paulson, Jamie Dimon, Lloyd Blankfein had their personal fortunes on the line during the 2000-2008 debacle, there would have been no bubble and no recession, Ben Bernanke notwithstanding.
Billy Ray Valentine:
Yeah. You know, it occurs to me that the best way
you hurt rich people is by turning them into poor people.
"Changing Places" Eddie Murphy
Anonymous / November 8, 2011 at 12:50 PM ST
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