WASHINGTON — More than one-third of the nation’s highest-paid CEOs from the past two decades led companies that were subsidized by American taxpayers, according to a report released Wednesday by the Institute for Policy Studies, a liberal think tank.
“Financial bailouts offer just one example of how a significant number of America’s CEO pay leaders owe much of their good fortune to America’s taxpayers,” reads the report. “Government contracts offer another.”
IPS has been publishing annual reports on executive compensation since 1993, tracking the 25 highest-paid CEOs each year and analyzing trends in payouts. Of the 500 total company listings, 103 were banks that received government bailouts under the Troubled Asset Relief Program, while another 62 were among the nation’s most prolific government contractors.
— From Huffington Post (Click here for more)
As a true conservative, I have a dream . . .
or actually several dreams . . .
(1) that someday Christians in America will make government welfare and government-funded programs for the poor obsolete by stepping up and being Christians, rather than talking about their faith, by:
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giving and sharing enough of their money, time and service to lift up the poor from the cycles of poverty, thereby giving the poor the hope that motivates and gives them incentive to better themselves and their characters;
and, as Christians, by being prophetic and insisting, as Jesus and the prophets for social justice before him did, that all the capitalistic “playing fields” in America be leveled.
(2) a dream that someday Christians in America will take back their government of, by and for the people by raising their voices mightily against the government-funded corporate- and CEO-welfare system that enables the rich to write American laws and get richer–along with the Administrations and Congresses they’ve bought and owned for decades–while the ever-growing poor and “working poor” struggle from paycheck to paycheck, welfare check to welfare check–and being bashed at every turn while the government-subsidized super rich are respected as self-made successes no matter how unethical or even criminal they may be.
(3) that Christians will finally so “walk the walk” as well as “talk the talk” so that government will truly be limited and America’s people will all feel treated so justly and fairly that the Christian churches in America really will, finally, shine as the universal church like “a shining city on a hill.”
Like a cage full of birds,
their houses are full of treachery;
therefore they have become great and rich,
they have grown fat and sleek.
They know no limits in deeds of wickedness;
they do not judge with justice
the cause of the orphan, to make it prosper,
and they do not defend the rights of the needy.
Shall I not punish them for these things?says the Lord,
and shall I not bring retribution
on a nation such as this?”— Jeremiah 5: 27-29
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