The American Spectator

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NOTHING TO ADD
Re: Michael Novak's The Day My Brother Was Murdered:

What a wonderful, but sad tale. He is with God now and certainly in my prayers.
-- Gary

WELFARE FOR TRUST FUND BABIES

This letter is in response to the articles appearing recently concerning those banks asking for bailout money this year that rewarded their executives last year with millions of dollars. A good portion of that pay matches the bailout amounts requested.

It is a well known fact that the ratio of top executive to factory worker pay has exploded this decade from 42 to 1 in 1980 to 419 to 1 last year. Why are we paying these people so much more if they don't have the intelligence and will to act in our best interest? What tangible proof is there that top executives contribute that much more to the successful attainment of corporate goals? Why aren't these executives (Enron) given longer prison terms than car thieves? If intelligence determined corporate leadership rather than birthright, the compensation ratio would be much lower because smart leaders would recognize it as the right thing to do whereas those that are there by birthright simply don't know any better. It is this ignorance perpetuated by birthright that is leading this country to collapse. Perhaps someday our society will be lead by intelligent people who see their own best interest as having promoted society's best interest.
-- Joe Bialek
Cleveland, Ohio