Read my latest article on the financial blog HumbleDollar.com WHO IS YOUR worst financial enemy? Got a mirror? For millions of American workers, their employee benefits play a significant role in their financial […]
Senator Bernie Sanders is a dangerous man. He is a master at misleading, generalizing and ignoring the implications of what he proposes. Minimum wage is a recent example.
Sanders is correct to the extent the minimum wage should be raised to adjust to inflation and thereafter should be indexed. However, such an increase is not near $15.00 Most important is […]
CEO pay and you
Most of what you hear about CEO pay is bogus propaganda. First, it focuses not on the average CEO, but on a few select high rollers in companies where relatively few Americans are employed. Second, pay as criticized is not salary, but total compensation the bulk of which is some form of stock and/or the potential future value of retirement income. Next, CEO pay is an annual decision that can be changed quickly by the board of directors. The stock awards can even be taken back under certain circumstances.
