The CEO of XTO Energy is set to receive 320 million dollars worth of Exxon Mobil stock (a stock I happen to own a bit of) in his buyout deal as the company sells itself. The company has 3129 employees. That’s $112,496 per employee that this one dude is getting. He can, because he’s the top dog! The one who makes these decisions. Yes he may organize people’s efforts and work hard at it. And I don’t have a problem with his wealth at all. I do have a problem for the inequity of the distribution of it though.
I am appalled by the lack of social responsibility of companies and the wealthy in our country, and that people actually stand for this. As a shareholder, I’m outraged. As a citizen, I am too! Add to that the fact that Republicans are whining (yes, whining) about the increase in Medicare tax on people who make more than $200,000 a year…… I’m sorry. Pay your share, people. We all built this great nation of ours together. If your stake in our nation’s profits is that high, your responsibility should be high as well!
Off the top of my head I can think of a hundred thousand lives that would be changed by a gift of half of that money. Come on, George H.W. Bush, open up your trickle down spigot a bit more, please!