"Indeed we do have an entitlement problem; some feel so entitled to power & wealth that they're willing to undermine our economy and our democracy."
- Annabel Park, founder of the Coffee Party
Click here for original.
Let's see! Is the CEO of U.S. Bancorp entitled to $9,311,164 for 2012 compensation? Or did he earn it? Who decided this? Did the shareholders or the self-selected board of U.S. Bancorp? If Richard Davis earned it, did he do it with his own "hard work" or did thousands of employees contribute to the success of U.S. Bancorp and earned far less than one-hundredth of what he received. If the latter, did they receive a bonus for their hard work? Now these are the people who are entitled to better pay.
See "CEO pay watch: U.S. Bancorp's Richard Davis", Patrick Kennedy, Star Tribune, 2013-03-13
