Soiling Myself for CEOs

2009 July 6

Oliver

Poor Oklahoma Natural Gas CEO John Gibson.  His 2008 salary was $825,000.  Include stock awards, incentive plans, and other benefits, and his compensation only amounted to $6,751,790.  That’s a nearly pathetic 800% over his base pay.

On a side note, ONG is seeking a $66 million rate hike.

I fully support this hike.  Without increasing profits, shareholders can’t buy Hispanic housekeepers  or diamond monkeys.  We can’t expect our beloved CEOs to live on anything less than millions.  They’re not Oliver.

The rate hike will increase our gas bill about $6 a month.  That’s only $72 a year.  Add that to electric bill increase, my property tax increase, homeowner insurance increase due to my supposed increased value property and utility rate increase, that’s around $400 more a year.  Compared to Gibson’s $6 million, that’s not much.

Since I’m not getting a raise this year due to tight funds, and a new office policy that will short me $8,000 this year, I had already planned to become poor.  What’s another $400 cut out of my budget?  To compensate, I’ve decided my life would become fun themes, such as Once-Week-A-Meal Mondays or Toothpaste Tuesdays.

If anyone should not have to suffer, it’s the CEOs.  Becoming poor would be a bigger drop for them than the measly small businesses that drive the economy.  Since their drop would be steeper, their drop would be more traumatic.  Let’s protect our CEOs.

I begin my new life on payday when I open all my bills.  I plan to call it Soil Myself Saturdays.

Gibson

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