Wheel of Fortune

Is there some sort of contest among CEOs of big bidness to see who can steal the most money from shareholders and consumers?

You’ve read about Exxon and United Health Care’s robbers, now there’s a new contestant, Bob Nardelli, Chief Executioner of Home Depot. He has siphoned off over 20 million dollars a year since the year 2000 while the value of Home Depot stock has fallen over 10 percent. Apparently, being good at your job is not a criteria for raiding the company treasury.

An attempt by stockholders to have a vote on management compensation was rejected (duh) by the Bored of Directors, who, by the way, failed to show up for the annual stockholders meeting.

If the stockholders can’t stop these travesties, who can? The Government? Not as long as the candidates are getting big donations to their campaigns by the rich and filthy. Boreds of directors are like a big wheel of fortune where members are on many boards and vote huge salaries to their cronies because those self same cronies are on the boreds where they are top gun and will receive the same largess from them.

Wake up corporate America! The higher prices I have to pay for gasoline, health care, and home improvements because of your unconscionable greed is a form of taxation without representation. We, the people, had enough of King George III over 200 years ago and we learned how to deal with it. The revolution may not be far off. Police yourself or we will.