culture, politics, commentary, criticism

Tuesday, April 22, 2003
Devious Iraqi bosses contract with devilish Halliburton.
Wall Street Journal (sub. req'd):
"They're all with Saddam," said many in a group of workers who made an 80-kilometer journey in a crowded bus from Basrato to this dusty town, where oil pipelines snake across the desert scrub brush. The reference was to senior Iraqis working with Kellogg, Brown & Root, a unit of Halliburton Co. (HAL), which the U.S. has contracted to rehabilitate Iraq's oil infrastructure.

"They (Iraq oil managers) were all corrupt, making 1 million to 1.5 million dinars a month, while we took home 50,000 to 60,000 dinars a month," said one of the oil workers, mechanic Asad Jabar.
Iraqi oil managers made 20 to 25 times more than workers? That's undemocratic! Inhumane! How can bosses be treated so disproportionately?

"The average [US] chief executive's pay was 42 times that of the average hourly worker in 1980, according to Business Week. By 2000, the CEO compensation was 1,531 times as much as the hourly worker's" (Houston Chronicle). Regardless of how fast workers' wages rose in those twenty years, CEO compensation rose over 36 times faster.

It's an undeclared war, but American CEOs sure are winning it.
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