The Church of Kharma Futures

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Archive for November, 2015

Paris Burns: DC Remains Too Cool

Posted by revkharma on November 16, 2015

Paris is burning, and DC is chilly. We have seen a well planned, well executed and devastating attack in Paris. Islamic fanatics have killed scores and it appears to be a direct result of the plans and achievements of the leaders of the West.
“Refugees” from Syria, and radicalized Europeans have struck in the heart of France with bloody results.
In the US, reaction is mixed. Our president has resolutely refused to change course, with his administration standing firm in their plans to import tens of thousands of those very same refugees.
After years of minimizing the role of ISIS, and refusing to even say ‘Islamic Terror’ President Obama on Friday, the day of the massacre, was quoted once more with noted ignorance, claiming that ISIS was now contained, and not a growing threat. At the gathering of world leaders, the American president was noticeably late for the formal gathering for a memorial moment of silence to honor the dead from the ISIS assault.
Even today, when pressed by media, President Obama has steadfastly refused to respond forcefully, with this the most telling exchange:

“CNN’s Jim Accosta said…’I guess the question is, and if you’ll forgive the language is”Why can’t we take out these bastards”?
Obama scoffed at the question: “What I’m not interested in doing is posing or pursuing some notion of ‘American Leadership’ or America winning’ He said firmly”

Via Breitbart

 

This, then is pretty decisive and clear. This man, the president of the USA is NOT interested in victory by America.

Immediately following the attacks, Obama announced that he was releasing five Yemeni prisoners from Guantanamo, including the man who was Osama Bin Laden’s body guard. He appears bent on  showing he cares more for Islamists than Americans.
Why is this? What can possibly be the answer?

Our president has sometimes been portrayed as being an islamist. He has denounced those who have questioned his Christian credentials. Recall the scrambling to rephrase and reframe this famous quote in an interview with George Stephanopolis, where he responded to a question with an answer about ” My Muslim Faith” ?  If in fact, Obama had been raised as a Muslim by his father, then later in life he became Christian, then according to the Sharia law, he is an apostate. If this were the case, he would be subject to death by true believers.  As it happens, there have not been calls for his death for this crime.  Yet he continues to show more concern for defaming Islam than defending Christianity.
Answers range from his leftist upbringing, racialist philosophy, to Al Taqiyya.
But, in truth, the answers are irrelevant. The truth, the facts, are plain enough. As long as he is in command, Obama will not lead, will not permit America to win. He has stated plainly such. He must be thwarted, his successor must be someone capable of reversing his damage.
Keep the Faith!
The Rev

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Posted in Big Government, Border, Christianity, Civil liberties, corruption, Culture of Death, deception, fascism, Freedom, Global government, Illegal Immigration, Immigration, International, ISIS, Islam, Obama, Obama Administration, Presidential race, religion of peace, Terrorism, transnational law, unconstitutional | Tagged: , , , , , , , , , , | Leave a Comment »

CEO Pay is Obscene, right?

Posted by revkharma on November 12, 2015

Much has been said recently about the ‘outrageous rate of pay’ received by CEO’s in American Companies. Not just the rate of pay, but the ‘ratio of CEO pay to the average employee’ in the companies they run.

Often , and frequently in the campaigns of Hillary Clinton and Bernie Sanders, a number is tossed around which shows the drastic and, by implication, immoral disparity, stating that on average American CEO’s are paid somewhere between 295 to 333 times the pay of the average employee of their company. Additionally  there is an accompanying outrage at the fact that CEO’s are receiving huge raises, while employees / workers pay is flat or reduced.

Here are some statistics provided directly by the US Bureau of Labor Statistics to shed some light on this mess

  1. What is the ratio of CEO pay to workers.

The common answer is in the range of 300 to 1.

This is determined by a several widely reported studies:

While the huge multi-million pay packages of a few hundred CEOs get all of the media attention, what usually receives much less attention is the small number of CEOs represented in the annual salary surveys, especially compared to the total number of CEOs in the US. For example, the WSJ’s executive compenstation survey last year included only 300 CEOs at large, U.S.-traded public companies, and the AP analyzed compensation figures for only 337 companies in the S&P 500 last year. The AFL-CIO did an analysis of the CEOs of 350 companies in the S&P 500 in 2013 and then computed a “CEO-to-worker pay ratio” of 331 times, up from a ratio of 300 ten years ago and 200 twenty years ago.

But as they say, facts are stubborn things.  The key detail in the above referenced studies is the number of companies surveyed, which is fewer than 400 companies. These are also among the highest performing, largest grossing corporations in America. This cherry picking will necessarily distort the results.

When the analysis is broadened to cover a more representative sample of  companies, with data supplied by the US Bureau of Labor Statistics:
 The BLS report provides “employment and wage estimates by area and by industry for wage and salary workers in 22 major occupational groups, 94 minor occupational groups, 458 broad occupations, and 821 detailed occupations

 

The information then presents a far different picture. In fact, the average pay for 246,240 CEO’s surveyed totals to $180,700. While this is surely not minimum wage, it is not exorbitant for someone who is charged with running the entire company.  When this figure is used to calculate the ratio of pay for CEO compared to average worker, the true figure drops to less than 4 to 1, or 3.83 to 1 for last year(2014).

  1. Why do CEO’s get huge raises while workers do not?

Once more, lets look at the BLS numbers for some factual answers:

For the larger sample of CEOs reported by the BLS, their average pay of $180,700 last year was an increase of only 1.3% from the average CEO pay of $178,400 in 2013. In contrast, the BLS reports that the average pay of all workers increased by 1.7% last year to $47,230 from $46,440 in 2013. That’s right, the average worker last year saw an increase in their pay that was more than 30% greater than the increase in pay for the average US CEO.

 

So, when correct information is supplied for analysis, rather than skewed and partial figures lumped into statistics for a particular agenda we see that the rallying cry of the ‘Occupy’ crowd and the socialists and the various political activists, we can see that American CEO’s are paid more than the workers in their companies, they are not ‘immoral and outrageously more’. And once again, those in rank and file of most companies have received pay increases, on average proportionally more than the CEO’s of the companies where they work.

All of this is actually beside the point. The purpose for bashing CEO pay is focused on a purpose of causing a move toward Federal Government regulation of the pay of CEOs of PRIVATE COMPANIES. There is absolutely no constitutional justification or provision for any such role for government, and no amount of skewed analysis of defective statistics should change that.

Here are some sources of reference for the above information:

Bureau of Labor statics report:
http://www.bls.gov/news.release/pdf/ocwage.pdf

American Enterprise Institute analysis of CEO pay:

https://www.aei.org/publication/when-we-consider-all-us-chief-executives-the-ceo-to-worker-pay-ratio-falls-from-3311-to-below-41/

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