Virtually Speaking Sundays | 6pm pacific |9pm eastern – Listen live and later
Tonight from our Media Panel: Marcy Wheeler, investigative journalist blogs at emptywheel.net and tweets as @emptywheel. David Waldman, known as KagroX, blogs at DailyKos and Congress Matters and tweets as @KagroX
Mary Chapin Carpenter:
We went down to the Delaware River waterfront after dinner last night. It was a gorgeous, cool day:
Between the crazy wingnuts saying Obama must be defeated for their imaginary reasons, and the people on the left who point out the very real failings of this presidency.
I miss you, Dad. Bill Evans at Town Hall:
I was really worried about how they were doing under this socialist regime:
AVERAGE CEO PAY AT LARGEST COMPANIES GREW TWICE AS FAST AS WORKER WAGES IN 2011, RISING TO $14.5 MILLION | Median pay for America’s 200 highest-paid chief executives rose to $14.5 million in 2011, a 5 percent increase over 2010, according to an analysis done by the New York Times. Worker pay, meanwhile, rose just 2.8 percent for the year. CEO pay on Wall Street rose even faster, growing by more than 20 percent in 2011. The average Fortune 500 CEO now makes 380 times more than the average worker, as CEO pay has grown more than 127 times faster than worker pay over the last 30 years. The growth in executive compensation that has contributed to skyrocketing levels of income inequality isn’t necessarily tied to performance of the top companies, however: while their pay continues to increase, average stock prices have remained flat, and many of the companies with the highest paid CEOs actually saw drops in their share prices over the course of the year.