The Have Nothings are the homeless, the Have a Little used to be the middle class and the Have Some are the new middle class and the Haves are the 1% and they have it all. The wages of the 1% are at an 80 year high. Some of the highest 1%ers are: Oracle’s Larry Ellison with a wage of $77.6 million; Massey Energy’s Don Blankenship at $38.2 million; Zynga’s Mark Pincus at $110 million; Caterpillar’s Doug Oberhelman at $10.4 million; Johnson & Johnson’s William Weldon at $25.6 million; Goldman Sach’s Lloyd Blankfein at $19 million; Ford Motor Co.’s Alan Mulally at $26.5 million; McKesson’s John Hammergren at $469 million; Omnicare’s Joel F. Gemunder at $133 million; TRW Automotive Holdings’ John Plant at $4.5 million; Verisk Analytics’ Frank Coyne at $33 million; CVS Caremark’s Thomas M. Ryan at $ 50 million; Wal*Mart’s Michael Duke at $18.7 million, which is 750 times more pay than the average Wal*Mart worker makes. There as never been such a large inequity in wages.
This blog is a quick read about concerns, whether local or international, facing union and non-union workers.