Even The Wealthy See The Injustice

OldTrapper · Apr 24, 2019

And they understand income inequality, and some are even doing something about it.

https://wtvr.com/2019/04/24/disney-heir-calls-on-company-to-give-50-of-exec-bonuses-to-lowest-paid-employees/

Just days after calling the pay of Disney’s top brass “insane,” the granddaughter of company co-founder Roy Disney wrote an opinion piece in the Washington Post, in which she acknowledged she “struck a nerve with a Twitter thread about wage inequality at the Walt Disney Co.”

“I believe that Disney could well lead the way, if its leaders so chose, to a more decent, humane way of doing business,” she wrote in a piece published Tuesday.

She proposes the company put aside half of the bonuses its executives earn, distributing that to the bottom 10% of Disney’s 200,000 employees.

According to a regulatory filing, six of Disney’s top executives, including CEO Bob Iger, received stock awards and options worth a combined $62 million last year. That doesn’t include the additional bonuses — and potentially millions of dollars more — earned by lower-tier executives at the media and theme park conglomerate.

“Besides, at the pay levels we are talking about, an executive giving up half his bonus has zero effect on his quality of life,” she writes. “For the people at the bottom, it could mean a ticket out of poverty or debt. It could offer access to decent health care or an education for a child.”

Colorforms · Apr 24, 2019

OldTrapper said:
And they understand income inequality, and some are even doing something about it.

https://wtvr.com/2019/04/24/disney-heir-calls-on-company-to-give-50-of-exec-bonuses-to-lowest-paid-employees/

Just days after calling the pay of Disney’s top brass “insane,” the granddaughter of company co-founder Roy Disney wrote an opinion piece in the Washington Post, in which she acknowledged she “struck a nerve with a Twitter thread about wage inequality at the Walt Disney Co.”

“I believe that Disney could well lead the way, if its leaders so chose, to a more decent, humane way of doing business,” she wrote in a piece published Tuesday.

She proposes the company put aside half of the bonuses its executives earn, distributing that to the bottom 10% of Disney’s 200,000 employees.

According to a regulatory filing, six of Disney’s top executives, including CEO Bob Iger, received stock awards and options worth a combined $62 million last year. That doesn’t include the additional bonuses — and potentially millions of dollars more — earned by lower-tier executives at the media and theme park conglomerate.

“Besides, at the pay levels we are talking about, an executive giving up half his bonus has zero effect on his quality of life,” she writes. “For the people at the bottom, it could mean a ticket out of poverty or debt. It could offer access to decent health care or an education for a child.”

Disney could just give them all raises. Do they really need a government mandate for that?

Nutty Cortez · Apr 24, 2019

Colorforms said:
Disney could just give them all raises. Do they really need a government mandate for that?

Ooohhh Ohhhhh I know!!!

Because Leftists think all wealth or success comes from Government !!!!

Nutty Cortez · Apr 24, 2019

OldTrapper said:
And they understand income inequality, and some are even doing something about it.

https://wtvr.com/2019/04/24/disney-heir-calls-on-company-to-give-50-of-exec-bonuses-to-lowest-paid-employees/

Just days after calling the pay of Disney’s top brass “insane,” the granddaughter of company co-founder Roy Disney wrote an opinion piece in the Washington Post, in which she acknowledged she “struck a nerve with a Twitter thread about wage inequality at the Walt Disney Co.”

“I believe that Disney could well lead the way, if its leaders so chose, to a more decent, humane way of doing business,” she wrote in a piece published Tuesday.

She proposes the company put aside half of the bonuses its executives earn, distributing that to the bottom 10% of Disney’s 200,000 employees.

According to a regulatory filing, six of Disney’s top executives, including CEO Bob Iger, received stock awards and options worth a combined $62 million last year. That doesn’t include the additional bonuses — and potentially millions of dollars more — earned by lower-tier executives at the media and theme park conglomerate.

“Besides, at the pay levels we are talking about, an executive giving up half his bonus has zero effect on his quality of life,” she writes. “For the people at the bottom, it could mean a ticket out of poverty or debt. It could offer access to decent health care or an education for a child.”

And How much $$ will the grand daughter be giving away ?

Oh. Zero

Got it.

redtide · Apr 24, 2019

OldTrapper said:
And they understand income inequality, and some are even doing something about it.

https://wtvr.com/2019/04/24/disney-heir-calls-on-company-to-give-50-of-exec-bonuses-to-lowest-paid-employees/

Just days after calling the pay of Disney’s top brass “insane,” the granddaughter of company co-founder Roy Disney wrote an opinion piece in the Washington Post, in which she acknowledged she “struck a nerve with a Twitter thread about wage inequality at the Walt Disney Co.”

“I believe that Disney could well lead the way, if its leaders so chose, to a more decent, humane way of doing business,” she wrote in a piece published Tuesday.

She proposes the company put aside half of the bonuses its executives earn, distributing that to the bottom 10% of Disney’s 200,000 employees.

According to a regulatory filing, six of Disney’s top executives, including CEO Bob Iger, received stock awards and options worth a combined $62 million last year. That doesn’t include the additional bonuses — and potentially millions of dollars more — earned by lower-tier executives at the media and theme park conglomerate.

“Besides, at the pay levels we are talking about, an executive giving up half his bonus has zero effect on his quality of life,” she writes. “For the people at the bottom, it could mean a ticket out of poverty or debt. It could offer access to decent health care or an education for a child.”

All PR based lies, there is nothing stopping the so called self loathing rich from paying more taxes on a voluntary basis. Just saying that their lies are demonstrated by their actual actions just like the climate cult leaders riding in SUVs, flying in private jets and heating their 10,000 plus square foot homes.

OldTrapper · Apr 25, 2019

redtide said:
All PR based lies, there is nothing stopping the so called self loathing rich from paying more taxes on a voluntary basis. Just saying that their lies are demonstrated by their actual actions just like the climate cult leaders riding in SUVs, flying in private jets and heating their 10,000 plus square foot homes.

Sounds like jealousy to me, however, they are far better then your coward in chief who screws people out of their wages, or just refuses to pay them. Especially the ones that are here illegally. But that is "capitalism" for you.

OldTrapper · Apr 25, 2019

Colorforms said:
Disney could just give them all raises. Do they really need a government mandate for that?

If you read the article, and I know how hard it is for right wingers to do so, you would have seen where Disney increased the workers wages to a minimum of $15.00 per hour last year.

UPNYA2 · Apr 25, 2019

OldTrapper said:
If you read the article, and I know how hard it is for right wingers to do so, you would have seen where Disney increased the workers wages to a minimum of $15.00 per hour last year.

And IF you could actually comprehend what you read in the the article, and I know how hard it is for dems/libs to do so, you would have seen that while Disney indeed did increase the workers wages to a minimum of $15.00 per hour last year, it ALSO stated, "...according to a regulatory filing, six of Disney’s top executives, including CEO Bob Iger, received stock awards and options worth a combined $62 million last year."

So it would appear that even after this token gesture, this positive publicity ploy last year Disney STILL gave what they themselves now want to deem "grossly unequal, horribly unfair" bonuses last year, huh?

Deleted member 21794 · Apr 25, 2019

OldTrapper said:
And they understand income inequality, and some are even doing something about it.

https://wtvr.com/2019/04/24/disney-heir-calls-on-company-to-give-50-of-exec-bonuses-to-lowest-paid-employees/

Just days after calling the pay of Disney’s top brass “insane,” the granddaughter of company co-founder Roy Disney wrote an opinion piece in the Washington Post, in which she acknowledged she “struck a nerve with a Twitter thread about wage inequality at the Walt Disney Co.”

“I believe that Disney could well lead the way, if its leaders so chose, to a more decent, humane way of doing business,” she wrote in a piece published Tuesday.

She proposes the company put aside half of the bonuses its executives earn, distributing that to the bottom 10% of Disney’s 200,000 employees.

According to a regulatory filing, six of Disney’s top executives, including CEO Bob Iger, received stock awards and options worth a combined $62 million last year. That doesn’t include the additional bonuses — and potentially millions of dollars more — earned by lower-tier executives at the media and theme park conglomerate.

“Besides, at the pay levels we are talking about, an executive giving up half his bonus has zero effect on his quality of life,” she writes. “For the people at the bottom, it could mean a ticket out of poverty or debt. It could offer access to decent health care or an education for a child.”

I'll leave that to the shareholders to decide.

Drumcollie · Apr 25, 2019

OldTrapper said:
If you read the article, and I know how hard it is for right wingers to do so, you would have seen where Disney increased the workers wages to a minimum of $15.00 per hour last year.

And now she is writing this article.

It proves:

1. It will never be enough.

2. If everyone does it, there will be inflation, because of pass through costs.

3. People, the average joes that go to Disney, will not be able to afford it.

4. Disney will lose money because they are not profitable.

5. Some one will die cause a ride was not fixed because there was no money.

OldTrapper · Apr 25, 2019

Drumcollie said:
And now she is writing this article.

It proves:

1. It will never be enough.

2. If everyone does it, there will be inflation, because of pass through costs.

3. People, the average joes that go to Disney, will not be able to afford it.

4. Disney will lose money because they are not profitable.

5. Some one will die cause a ride was not fixed because there was no money.

Most Americans cannot afford to go to Disneyland as it is, and they still made over 60 million in profits. You're argument does not reflect reality. Did you read the article?

OldTrapper · Apr 25, 2019

The Thinker said:
I'll leave that to the shareholders to decide.

I believe she is a major shareholder.

OldTrapper · Apr 25, 2019

UPNYA2 said:
And IF you could actually comprehend what you read in the the article, and I know how hard it is for dems/libs to do so, you would have seen that while Disney indeed did increase the workers wages to a minimum of $15.00 per hour last year, it ALSO stated, "...according to a regulatory filing, six of Disney’s top executives, including CEO Bob Iger, received stock awards and options worth a combined $62 million last year."

So it would appear that even after this token gesture, this positive publicity ploy last year Disney STILL gave what they themselves now want to deem "grossly unequal, horribly unfair" bonuses last year, huh?

It was the opinion of Abigail Disney the granddaughter of one of the creators of Disneyland, and not an owner. Hard for you to grasp that bit of reality since greed is what drives your kind unlike others much wiser then you in the past.

https://www.latimes.com/business/hiltzik/la-fi-mh-us-income-inequality-is-bad-20141024-column.html

Modern-day conservatives will shudder at the Saez-Zucman program, but it would fit well within the world view of the Founding Fathers. Thomas Jefferson and his fellows were deeply hostile to the accumulation of great wealth, especially by inheritance. In a famous 1812 letter to the printer Joseph Milligan, Jefferson acknowledges that "the overgrown wealth of an individual [may] be deemed dangerous to the State."

In economic terms, he wrote to James Madison, "whenever there is in any country, uncultivated lands and unemployed poor, it is clear that the laws of property have been so far extended as to violate natural right."

And in his autobiography Jefferson wrote of the bills he had advocated or passed to form "a system by which every fibre would be eradicated of antient [sic] or future aristocracy; and a foundation laid for a government truly republican." His goal was to "prevent the accumulation and perpetuation of wealth in select families, and preserve the soil of the country from being daily more & more absorbed in Mortmain" (that is, the perpetual ownership of real estate by a church, corporation, or other legal entity).

“The form of law which I propose would be as follows: In a state which is desirous of being saved from the greatest of all plagues—not faction, but rather distraction—there should exist among the citizens neither extreme poverty nor, again, excessive wealth, for both are productive of great evil.”
–Plato

Deleted member 21794 · Apr 25, 2019

OldTrapper said:
I believe she is a major shareholder.

Good. Then she can use her leverage to make her case and convince.

OldTrapper · Apr 25, 2019

The Thinker said:
Good. Then she can use her leverage to make her case and convince.

I believe that was the purpose of her twitter post, and the resultant articles.

Dawg · Apr 25, 2019

OldTrapper said:
And they understand income inequality, and some are even doing something about it.

https://wtvr.com/2019/04/24/disney-heir-calls-on-company-to-give-50-of-exec-bonuses-to-lowest-paid-employees/

Just days after calling the pay of Disney’s top brass “insane,” the granddaughter of company co-founder Roy Disney wrote an opinion piece in the Washington Post, in which she acknowledged she “struck a nerve with a Twitter thread about wage inequality at the Walt Disney Co.”

“I believe that Disney could well lead the way, if its leaders so chose, to a more decent, humane way of doing business,” she wrote in a piece published Tuesday.

She proposes the company put aside half of the bonuses its executives earn, distributing that to the bottom 10% of Disney’s 200,000 employees.

According to a regulatory filing, six of Disney’s top executives, including CEO Bob Iger, received stock awards and options worth a combined $62 million last year. That doesn’t include the additional bonuses — and potentially millions of dollars more — earned by lower-tier executives at the media and theme park conglomerate.

“Besides, at the pay levels we are talking about, an executive giving up half his bonus has zero effect on his quality of life,” she writes. “For the people at the bottom, it could mean a ticket out of poverty or debt. It could offer access to decent health care or an education for a child.”

Read this article this morning and it seems she didn't say how much of her own wealth she was giving up for as the 50% of bonuses of CEO's. She sounded so liberal with Others should pay and not her!

Dawg · Apr 25, 2019

OldTrapper said:
Sounds like jealousy to me, however, they are far better then your coward in chief who screws people out of their wages, or just refuses to pay them. Especially the ones that are here illegally. But that is "capitalism" for you.

So the thread isn't really about Disney since you just jacked your own thread?

Dawg · Apr 25, 2019

OldTrapper said:
If you read the article, and I know how hard it is for right wingers to do so, you would have seen where Disney increased the workers wages to a minimum of $15.00 per hour last year.

Appears you didn't read your article, it will be 2021 before Disney employees see $15@hour in Florida and $15@hour in Cali is laughable.

Colorforms · Apr 25, 2019

OldTrapper said:
If you read the article, and I know how hard it is for right wingers to do so, you would have seen where Disney increased the workers wages to a minimum of $15.00 per hour last year.

That is kind of irrelevant. If Disney feels they deserve more, then they should get more. Again, you're letting government determine how much, or how little, you are paying someone.

I know the point is beyond most fascist leftists, but most conservatives get it. This "I want to pay my employees more but government only mandates $15/hr' BS is truly laughable.

redtide · Apr 25, 2019

OldTrapper said:
Sounds like jealousy to me, however, they are far better then your coward in chief who screws people out of their wages, or just refuses to pay them. Especially the ones that are here illegally. But that is "capitalism" for you.

talk about sour grapes. The presidents policies are lifting all of US and all you people do is whine and try to find dirt on him, SO sad

Even The Wealthy See The Injustice

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