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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (8120)1/15/2003 8:35:27 PM
From: Lizzie TudorRead Replies (1) of 306849
 
The worst part about a speculative excess like we've seen is that it does make people resentful of the very visible disconnect between the performance of the company and high executive pay.

On NPR fresh air today they had the chief financial editor of NYT talking about the Bush tax plan. What he said was that democrats in the last election underestimated the power of voting your aspirations, meaning, playing the "get those corporate fatcats" doesn't seem to be working in the last few decades although I agree that sentiment has picked up a little after all this fraud was exposed. Still, I'll bet in a few years the resentment towards CEOs dies down when people start going back to work. Basically, I think people still associate CEO-bashing with unions and other unpleasantries and would rather align themselves with business than organized labor, etc.
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