A Quote by Bernie Sanders
In the 1980s and 1990s, Jack Welch, the CEO of General Electric, laid off over 100,000 employees. His reward? When he retired from GE, he received a golden parachute of over $400 million dollars. This is the kind of corporate greed and irresponsibility that is destroying the middle class and must be ended.
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When Woodstock ended on Monday morning, over 600 acres of garbage was left behind on Max Yasgur's farm. It took over 400 volunteers and $100,000 to remove it all.
When Jack Welch was the CEO of General Electric, he was able to produce record growth year after year by using a few simple principles relentlessly. The system of management he used was called differentiation.
The Reagan-Bush years have exalted private gain over public obligation, special interests over the common good, wealth and fame over work and family. The 1980s ushered in a Gilded Age of greed and selfishness, of irresponsibility and excess, and of neglect.
I was worth about over a million dollars when I was 23 and over ten million dollars when I was 24, and over a hundred million dollars when I was 25 and... it wasn't that important — because I never did it for the money.
We shouldn't forget about the over 100,000, in fact some estimates place it in excess of one million, the over 100,000 innocent Iraqi men, women and children and babies who've died horrible violent deaths because of George Bush's war.
Recently, there has been a profound change in how we think about corporate leadership. The 1990s was the era of celebrity leaders: we focused on Jack Welch, and not GE, on Bill Gates, and not Microsoft, on Steve Jobs, and not Apple, on Larry Ellison and not Oracle. But, on reflection, the records of most high-profile leaders have not withstood closer scrutiny. In almost all cases, it turns out that the success of organizations is due to the collective efforts of many, and not to the genius of a single, all-powerful individual at the top.
Let us wage a moral and political war against the billionaires and corporate leaders, on Wall Street and elsewhere, whose policies and greed are destroying the middle class of America.
If I give $1,000 dollars I deserve to get back $100,000 because I am just, that's not greed!
Of the 2,000,000 Armenians in Turkey in 1914, one million have been slaughtered, and the survivors only 130,000 remain in Turkey and the rest are refugees and exiles. Armenian property losses are valued at over 5,000,000,000 dollars are more than three fourths of the estimated wealth of the Armenian race.
We have so many films that we can fit into the slate a year, and we spend $100 million on those films in order to make $400 million dollars. We don't spend $20 million in hopes of eking out $40 million.
The most significant impact is what it does in terms of the integrity of the legislative process and the executive process, as opposed to what it does for campaigns. But to remove this unheard of process in the 1990s, where members of Congress are being pushed and shoved every Tuesday to ask for $100,000, $500,000, a million dollars from corporations, unions, and individuals, this was never allowed in American history.
A retired teacher paid $62,000 towards her pension and nothing, yes nothing, for full family medical, dental and vision coverage over her entire career. What will we pay her? $1.4 million in pension benefits and another $215,000 in health care benefit premiums over her lifetime.
One state retiree, 49 years old, paid, over the course of his entire career, a total of $124,000 towards his retirement pension and health benefits. What will we pay him? $3.3 million in pension payments over his life and nearly $500,000 for health care benefits - a total of $3.8m on a $120,000 investment.
Artists have been used over and over again since the early 1980s as the legitimizers of a neighborhood in New York. And entrepreneurial artists, meaning people who themselves start out as painters, musicians, dancers, and who open a café, a bar, a restaurant, or even a co-op art gallery - they unintentionally develop the kinds of attractions that bring the middle class with some kind of cultural ambition.
The richer people, when they get another $100,000, or another million, or 10 million, don't tend to spend it as much as the poorer people would if they got another $100 or $1,000 or $5,000. All the empirical evidence suggests that the rich tend to consume a lower proportion of income than middle and lower-income people.
I guess when you get paid over 100 million dollars by one team, it's kind of easy to point the finger at other guys and try to hate on them for trying to get another contract.
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