Friday, 28 October 2011

A FAIR DAY'S PAY---????


        Every where you look there is evidence that we are all in this together. As most of us see our standard of living nosedive, either through wage cuts/freeze, redundancy or inflation, or perhaps even a hit from at least to of these measures being forced on us by our millionaire lords and masters, it is puzzling how a certain group seem to manage quite well in spite of the “crisis”. Take the directors of the Footsie 100 companies for example, while they go on about hard times and how difficult decisions have to be made they still manage to award themselves a whopping 43% pay increase over the previous year's salary. Perhaps if we look at it as “all in this together” means US not THEM, it all begins to make sense.
 
I have to make some very difficult decisions.

       To give you some idea of how our captains of industry are suffering in these hard times, take a wee look at the earnings for last year.

Mick Davis(Xstrata) £18,426,105.

Bart Becht (Reckitt) £17,879,000.

Michael Spencer (ICAP) £13,419,619.

Sir Terry Leahy (Tesco) £12.038,303.

Tom Albanese (Rio Tinto) £11,623,162.

Sir Martin Sorrell (WPP Group) £8,949,985.

Todd Kozel (Gulf Keystone Petroleum) £8,913,223.

Don Robert (Experian) £8,601,984.

Edward Bonham Carter (Jupiter Fund Management) £8,530,871.

Dame Marjorie Scardino (Pearson) £8,003,641.

        Not a bad wee packet for a day at the coalface, and remember these are the sweaty palmed greed parasites that sit in board rooms directing plans to cut your wages and conditions, who plan to make you redundant to increase their share of the loot that they cream of your labour. This is capitalism, screw you, I'm all right Jack. It is now raw capitalism, open and blatant exploitation of unimaginable proportions. They see nothing wrong in this greed feast, as far as they are concern the system is working just fine.

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