How CEO's get more pay.

The daily audio is well worth a listen but this quote from Mr. Hightower's podcast is especially stimulating.

"Associated Press surveyed some 300 major corporations and found that the median value of such executive perks as chauffeured limousines, free personal use of the corporate jet, and memberships in exclusive clubs has risen to $170,000 last year. That's more than three times the income of most families!

Chauffeurs and jets turn out to be the least of it. Take Ray Irani, CEO of Occidental Petroleum. Not only was he paid $30 million last year, but he also was given $400,000 to cover the cost of his financial planners. An Occidental spokesperson explained that this perk was beneficial to the corporation because it helped Irani "keep his complete attention on the company’s business." What, is Irani so flighty that he can't focus on his job without worrying about his personal money? Maybe so, but – come on – with a $30 million paycheck, couldn't he afford to cover them out of his own pocket?"

Meanwhile the oil industry is posting record profits while fighting the cessation of monstrous subsidies and necessary carbon taxes. What planet do these guys live on?!