Dark Bilious Vapors

But how could I deny that I possess these hands and this body, and withal escape being classed with persons in a state of insanity, whose brains are so disordered and clouded by dark bilious vapors....
--Rene Descartes, Meditations on First Philosophy: Meditation I

Home » Archives » May 2004 » Funny, I thought I saw this suggested about a year or so ago....

[« Catching up on some blog reading....] [Thought for the Day: »]

05/16/2004: Funny, I thought I saw this suggested about a year or so ago....

Brian Leiter points us to a commentary dated May 6, which surprises me because I know this is an idea that I've seen suggested with tongue in various depths of cheek quite a time ago (about a year, give or take say a month): Outsource CEOs, not workers.

American companies are busily outsourcing workers when they should be insourcing CEOs from other countries. U.S. CEOs are way too expensive.

U.S. CEOs make 23 times as much as CEOs in mainland China, 10 times as much as CEOs in India and 9 times as much as CEOs in Taiwan, according to the latest Towers Perrin worldwide survey.

European and Japanese CEOs run many of the world's leading companies for a lot less pay than Americans. U.S. CEOs make five times as much as CEOs in Japan, four times as much as CEOs in Spain, three times as much as CEOs in the United Kingdom, France, Italy and the Netherlands, and twice as much as CEOs in Germany and Switzerland.
I've yet to see a justification for the discrepancies between US CEO salaries and those overseas; all I know (based on my own reading) is that the discrepancy isn't related to CEO competence; some of the most bloated salaries have been paid to some of the most incompetent CEOs.... And let's not get into the outrageous salaries paid to CEOs who turned out to be not only incompetent, but criminals.....

More proof that there is no such thing as a just God.

Len on 05.16.04 @ 07:44 PM CST

New Comment

May 2004

Archives of Blogger site

Powered by gm-rss

Len's sidebar:
About Len (The uncondensed version)
Memorial to a dear friend
Frederick W. Benteen
The Web of Leonards
The St. Louis Cardinals
The Memphis Redbirds
The St. Louis Browns
The Birdwatch
Hey! Spring of Trivia Blog
BlogMemphis (The Commercial Appeal's listing of Memphis blogs)
The Guide to Life, the Universe, and Everything

Len's extended blogroll:

Brock's Sidebar:
About Brock
Boing Boing
Crooked Timber
Dispatches from the Culture Wars
Heretical Ideas
John and Belle Have a Blog
Jon Rowe
Letters of Marque
Literal Minded
Marginal Revolution
Matthew Yglesias
Oliver Willis
Political Animal
Positive Liberty
Signifying Nothing
Unqualified Offerings

Karen's Sidebar
About Karen
The Ig-Nobel Prizes
The Annals of Improbable Research
The Darwin Awards
EBaums World
Real Clear Politics
U.S. News Wire
Foreign Affairs
The Capitol Steps
Legal Affairs
Nobel Laureates for Change
Program On International Policy
Law of War
Sunday Times
Media Matters
Is That Legal?
Andrew Sullivan
Literal Minded
Jon Rowe
Freespace Blog
Thought Not
Publius Pundit
Blog Maverick
Rosenberg Blog
Crooked Timber

The Rocky Top Brigade:

Rocky Top Brigade Sampler

A New Memphis Mafia

The liberal alternative to Drudge.

Get Firefox!

Cardinals Countdowns:
Days until pitchers and catchers report:
Your browser doesn't support Java applets.

Days until first Grapefruit League game (3/3/05; @ NYM):
Your browser doesn't support Java applets.

Days until Opening Day (4/5/05; @ HOU):
Your browser doesn't support Java applets.

Days until Home Opener (4/8/05; vs. PHI):
Your browser doesn't support Java applets.

How many visitors are here:

Blogrings/Blog indexes/Blog search:
« ? Verbosity # »

Listed on Blogwise
Popdex Citations
Blog Search Engine

Greymatter Forums
template by linear