Hi, this,onzo Bowden.

I want to welcome you to episode 377 of my podcast, who's paying attention.

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Okay, so I want to pick up on something that I was talking about last week, the difference in pay between

the CEOs and the workers. The difference pay between the boss and the workers over the last,

let's say, 40 years, maybe even, yeah, 40 years coming up on 50 years. Since 1978, CEO pay has gone up 1,160 percent. Let me say that again.

CEO pay for the 350 largest publicly traded companies in the United States, CEO pay has gone up 1,160%.

Worker pay, 18.1%. So when you hear people talk about wealth gaps and, you know, this is un-American and this and that and capitalism, no, this is greed.

This is unfettered greed.

Okay.

Just in the last few years, between 2019 and 2021, during the pandemic, CEO paid jump 30%.

And a big part of that was CEOs and corporate boards using government bailout money for stock buybacks, pushing up the price of their own company's stock by simply using money that was supposed to pay workers that they laid off, using that money, buy the company's stock, create demand for the stock, push up the stock price, you get a stock option, you get bonuses based on stock price, you get more money.

So through the two worst years of the pandemic, they had a 30% pay increase.

It's ridiculous. It's ridiculous. I know I'm a lefty. I'm un-American and this and that.

Meanwhile, all these people, and again, they take advantage of the weakest and the dumbest,

and I shouldn't even say dumbest, no, the weakest and the most uneducated and the most emotional,

and they tell them that the reason you have problems is because of black people or because of immigrants

or because we have to follow some kind of regulation, this or that.

No, the reason you make no money and they make a fortune is because they vote for their own pay raises.

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