A price of oil over $70 a barrel and ExxonMobil decided to announce that their former CEO, Lee Raymond, would get a retirement pension of $6.5 million a year. Or, choose an $83.1 million lump sum payout, according to the AFL-CIO Executive PayWatch, launched recently.
We spend federally, a budget that is eight-trillion dollars a year. Yet, we cannot offer all Americans healthcare coverage. But, our leaders enjoy one of the best healthcare programs in America. Plus, you only have to serve one term to have these benefits and a pension for a lifetime.
Who owns what in the world of media and news is a lot to cover. I have focused on the largest media corporations. When compared to the 500 largest corporations in America, the compensation to CEOs in the media was much less.
Some months back, I saw a series of documentaries on al-Queda, Islamic fundamentalists and the recent history of the Muslim world, from around the early 20th Century. I thought I knew it all. The power of television is, I guess, still powerful.
