CEO pay increases took a brief pause in 2015 dropping to a paltry median of just $10.8 million with most getting a pay cut or a raise of less than 1.5%. But, as the Wall Street Journal points out this morning, the CEO's of America can once again rest assured that their families will not starve to death as 2016 pay soared nearly 7% setting a post-recession record.
David Rockefeller, the famous banker and philanthropist with the family name that controlled Chase Manhattan bank for more than a decade and wielded vast influence around the world in the world of finance, has died on Monday morning at his home in Pocantico Hills, N.Y. He was 101.
A family spokesman, Fraser P. Seitel, confirmed the death.
Below is an exccerpt of his obituary from the NYT:
In light of all the fake news and blatant media propaganda being published these days, I think it's important to remember how little diversity of opinions there are amongst our 'independent press'. A survey done in 2013 found that most shills hide under the cloak of 'independent', with about 30% calling themselves democrat. You can see how this trend has disjointed over the decades, with republicans being systematically removed from the sacred 5th estate.
The Collapse of Trust in the West
Paul Craig Roberts
Just as President Putin has stated that governments and media in the West have destroyed Russia’s trust in the West, the governments and media in the West have destroyed the trust of their citizens, who have been transformed into serfs to whom government no longer is accountable.
Today at 10am, the directors of the Federal Bureau of Investigation and National Security Agency will break their public silence and give keenly await testimony about their investigations into possible links between Russia and President Donald Trump's campaign at a rare open congressional intelligence committee hearing. They will also be grilled on Trump's explosive allegation that he was wiretapped by his predecessor Barack Obama.