He was CEO of the hamburger behemoth, McDonald's, pulling down a hefty $8.8 million in pay. Last year, though, Skinner retired, and, rather than getting a gold watch, he was given a load of gold — so large that even a Brink's armored truck would have been too small to haul it all away. His salary of $753,000 was the least of it.
The Big Mac chain also served up $1.7 million to the chief in stock and $3 million in option awards. Then it slathered on another $10.2 million in retirement pay. All that was topped by a super-rich dessert: $11.6 million in "incentive pay."
What? Why does a guy with millions already on his food tray need any incentive to do his job? Maybe because Skinner found it hard to stomach the biggest part of his job, which was to pay poverty wages to McDonald's workers, shove thousands of them onto food stamps and other programs paid for by taxpayers, and lobby aggressively to prevent any increases in the minimum wage or any tax hikes on uber-rich elites like him.
It's dirty work, but Skinner did it, finally skipping away with a 2012 pay package totaling $27.7 million. Yet, in the phantasmagoric plutocracy of CorporateLand, too much is not enough. Last year, for the first time ever, the 10 highest-paid CEOs in America hauled in at least $100 million each, even as the great majority of workaday families have lost income.
This gaping (and ever-widening) inequality is the greatest threat to our society's cohesion. Too few people now control an unconscionable and untenable share of America's money and power, using it to grab more of both for themselves. They can build a $100-million wall, but it won't be high enough to hide their greed from the rest of us.
But there's an added dimension to this inequality that you might find especially interesting: Not only are low-wage corporations overly generous to their top dogs, but so are you and I.
For example, I'm sure you'll be as delighted as I am to know that we — all of us taxpayers together — contribute day-in and day-out to the very big global cause of Supersizing McDonald's.
The world's largest hamburger chain is a particularly needy charity case, because without your and my generous tax support, the Big Mac bosses in charge would have to pay a living wage to their 860,000-plus American workers. But, thanks to us, the $27 billion-a-year hamburger-flipping flim flammers can get away with paying poverty wages — and then send their workforce to get food stamps, Medicaid, child welfare payments, public housing and other tax-funded poverty benefits. This public subsidy of the Golden Arches adds up to a very golden $1.2 billion a year. What a creative business plan! Who says giant corporations aren't enterprising?
Well, sniff the chain's top executives; we operate on razor-thin profit margins, so we can't afford to throw money at workers. Really? Last year's $5.6 billion in profits doesn't sound thin to me. Also, note that McDonald's more than tripled the pay of its new CEO last year, elevating him from $4.1 million to $13.8 million.
But what really galls its workers (whose low wages and forced part-time schedules mean they average less than $12,000 a year) is that the taxpayer-subsidized profiteer laid out a fat $35 million in October to add a brand new executive jet to its corporate fleet. This one is a "Bombardier 605" with the full package of luxurious amenities, and it cost $2,500 an hour to fly it.
Just flying one hour on the Bombardier cost more than the combined hourly wages of more than 300 McDonald's workers. Remember, you're subsidizing this. Aren't you just "Lovin' it," as the chain's ad slogan puts it? To tell McDonald's CEO that this is immoral, go to OurFuture.org.
Link to original article from Creators.com
Congresswomen Jackie Speier (D-San Francisco/San Mateo/Redwood City) issued the following statement today after offering a joint resolution to remove the deadline for the ratification of the Equal Rights Amendment. The ERA was introduced into every Congress between 1923 and 1972, when it finally passed and was sent to the states for ratification upon three/fourths approval. Congresswoman Speier’s joint resolution has 109 original co-sponsors.
State Sen. Nina Turner said Saturday that she supports efforts to ratify the Equal Rights Amendment but noted that more work is ahead in reaching equality. The Cleveland-based Democrat was one of several political candidates in attendance during an event hosted by the Progressive Democrats of America at the Adena Mansion & Gardens Visitors Center, where Turner gave a fiery speech to a full crowd about the need to support such a change.
A group of Progressive Democrats plans to push for ratification of the Equal Rights Amendment with an event here later this month. State Sen. Nina Turner, D-Cleveland, will be the keynote speaker. Turner is the minority whip in the Ohio Senate.
The group, which also is conducting the event to defend voter rights, also will honor a local woman with an award at the event.
One of Mary Larkin's prized possessions is a beat-up, old, wooden cutting board in the shape of a mushroom, but you can't tell by looking at it that it is the product of a revolution.
It was made by Larkin's daughter Debbie, who was one of the first girls to take shop in Parkland schools after the district relented in the mid-1970s to allow them to forgo home economics and do woodworking instead.
Today SJ 78, a bill to ratify the stalled Equal Rights Amendment, was placed on the docket of the Elections subcommittee in the Virginia House. Could this signal GOP support for Constitutional pay equity? Even in the 21st century corporations continue to pay women less because they are women. Last week we learned that General Motors offered their first female CEO a salary 50% less than her male predecessors (the usual female pay discount is only 8%).
Rep. Victoria Steele’s (D-9) bill to ratify the Equal Rights Amendment (HCR2016) was assigned to the House Judiciary Committee late last week. (You’ll remember that mid-week, I reported it was languishing on the desk of House Speaker Andy Tobin.)
There is an ideological perfect storm brewing in the Arizona Legislature. A memorandum supporting extension of the ratification deadline for the Equal Rights Amendment (ERA) has been assigned to a committee where five out of seven members have pledged to protect and fight for the rights of fetuses over the rights of women.
What I know about sports, I learned watching movies, but what I know about fair play and equality, I learned watching my parents. Although movies Based on a true story, have evolved closer to reality since William Bendix played Babe Ruth, the brain damage of inequality requires more than A Hail Mary Pass at equal economic opportunity and Justice for All to tackle an Equal Rights Amendment fumbled by a deadline for ratification.
In November 2014, Americans will be heading to the polls to vote in the midterm elections.
Women will be voting.
If Alice Paul had not been alive to fight for that right, women still might not have the opportunity to make their voices heard in the United States of America.
January 11, 1885 was the day this great American woman was born and it is on this day that everyone should take a moment to recognize and celebrate her brave and progressive life.
People are out collecting signatures to get the Oregon’s Equal Rights Amendment (ERA) for women on the November 2014 ballot. This could mean a change to the state constitution to include language that specifically protects women. Oregon’s ERA for women has been out there several times before now, most recently before the legislative session in 2013, but it didn't pass.
Congratulations Rhode Island! Rhode Island is the first state to have 100% of their Federal delegation supporting our legislation. A special thanks to Senator Sheldon Whitehouse, Senator Jack Reed, Rep. David Cicilline and Rep. James Langevin. We appreciate your support.
Just a few weeks before his death, on October 11, 1963, President Kennedy received the final report of the President's Commission on the Status of Women. A direct line runs between the work of this commission and the establishment of the National Organization for Women.
If an Equal Rights Amendment were to pass, women would have the written support of the Constitution. Instead of women having to prove that they were being discriminated against, violators of the amendment would face a harsher reality, having to prove their innocence.
The benefits of ratifying the amendment are fairly simple. By passing the Equal Rights Amendment, the government would not only open doors of opportunity for women in the country, but also open them all around the world.
UPDATE: Linda Sanchez and Louise Roybal-Allard are now cosponsors of HJ Res 43. As Progressives we should all be outraged that of the 15 members of the Progressive Caucus from California, there are 5 (3) who have not co-sponsored Representative Rob Andrews legislation, HJ Res 43, removing the deadline for the ratification of the Equal Rights Amendment. Unacceptable. They are well aware of the legislation and we must alert them to this fact.
Targeting women’s right to vote may be the undoing of extreme governance and an opportunity to take care of constitutionally unfinished business for women – an Equal Rights Amendment (ERA). The newly declared war on the right of women in NC to vote looks to be the match to the fuse in the renewed push for passing an ERA.
A Major Victory for ERA (Equal Rights Amendment) advocates happened today as Senator Elizabeth Warren becomes the 32nd co-sponsor on Senator Ben Cardin’s bi-partisan bill, SJRES15 to remove the deadline to ratify the ERA.
In the spirit of Moral Mondays the Onslow County Democratic Party announced that this Monday’s demonstration on October 28th will focus on pushing back against the wave of legislation negatively impacting women’s rights to include the targeting of their voting rights. Demonstrators are civilly rallying from 5:00 pm to 6:00 pm outside the Jacksonville City Hall at 815 New Bridge Street to support the passage of an Equal Rights Amendment (ERA) checking state laws that are eroding women’s rights.
“Seems like old times,” was former ODP chair, David Leland’s comment when we exchanged greetings at the Statehouse, October 2nd. Indeed it did. About 1000 enthusiastic women and men showed up for a rally entitled, “We Won’t Go Back: Stand Strong with Ohio’s Women!”
Women earn less than men. Compared to white men, Latinas earn 59 cents for every dollar earned by a white man, black women earn 68 cents on the dollar, white women earn 81 cents on the dollar, and Asian women earn 88 cents on the dollar
The new push to ratify the Equal Rights Amendment (ERA) continues to grow as word spreads about the effort to get the Obama Administration to take a stand on the issue of equal rights for women. The ERA 2013 Action Campaign and its partner, ERA NOW, seek to gather 25,000 signatures on an official White House petition to trigger an official response from the Obama Administration, now needs only 4600 signatures by February 9th.
Enter your zip+4 and find your elected officials. This link provides name, address and phone number
Click on your state in the list to find out if your Senators and Representative are cosponsors of the Equal Rights Amendment. Then call and either Thank Them or ask them to support the legislation.
Sample scripts are below.
Thank You ScriptI am a voter in your district and the Equal Rights Amendment is very important to me and all my friends. Thank you for supporting equal rights.
Request SupportI am a voter in your district and the Equal Rights Amendment is very important to me and all my friends. Equality is a human rights issue. The Equal Rights Amendment has been stalled and we believe removing the ratification deadline will most the process forward. Please cosponsor SJ Res 15 (for Senators) HJ Res 43 (for your Representative)
We need to add the Equal Rights Amendment to the National conversation. Use our tool to send a letter to the editor of your local paper.
If your Senator(s) and/or Representative is not currently a supporter, they may not be aware that the legislation exists. Nothing sends a stronger message to a Congressional member than a personal visit to a district office by a voter with a written request for support. Phone calls and emails are incredibly important but nothing gets attention like a personal visit. Our Educate Congress page has information and a sample letter. Print the letter, sign it, deliver it.
There is no faster way to send a message to your Congress members than using our Email Advocacy Tool.
VA State Legislature
Marena Groll Moral Monday - Fayetteville
January 15th Progressive Round Table