CEOs’ hard-earned wealth should be shared with employees

Message of Occupy Victoria, Occupy Wall Street is about sharing the wealth

Re: Nothing wrong with rewarding hard workers (Letters, Oct. 21)

The letter-writer seems to forget that Alex Campbell Sr. et al, didn’t make all their money by themselves.

As an example, David Hahn (B.C. Ferries) made $1 million a year and a sweet pension while the employees got zero and two per cent raises over three years. Thus the slogan: “Share the gravy, Davey.”

They all made their fortunes on the backs of others. Many of the employees of Alex Campbell, Jim Pattison and Steve Jobs are the working poor.

I would like to see a pay structure where an employee’s pay is established in relation to what the highest paid executive gets.

If that amount is, say, $2 million a year, each employee gets paid 10 per cent of that amount, $200,000. And everyone gets a similar pension plan.

Unlike the United States, Canada is a socialist democracy. Unfortunately our politicians seem to ignore that fact.

Instead of spending our money on ending poverty, they spend it on jets and new roofs for stadiums.

This letter-writer needs to take off his blinders, get out of his Mercedes, take a stroll down Pandora Avenue, and volunteer at a food bank.

B. Horsfall

Victoria

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Debra Sheets, a University of Victoria nursing professor, is starting Victoria’s first Memory Cafe program for adults with dementia and their caregivers. (Photo: Debra Sheets)
Memory Cafe Victoria hopes to connect local dementia community

Adults with dementia and their caregivers will participate in weekly Zoom socializing and activities

Several BC Ferries sailings are cancelled Friday due to adverse weather. (Black Press Media File)
UPDATED: All B.C. Ferries sailings cancelled due to wind, weather

Adverse weather causes cancellations across several BC Ferries routes

Metchosin council introduced a bylaw at a special council meeting Wednesday, which, if approved, would limit further subdivision of a 40-acre portion of the Boys and Girls Club property. The proposed bylaw amendment will come to public hearing on March 15. (Black Press Media file photo)
Metchosin council introduces bylaw to limit subdivision of Boys and Girls Club property

Proposed bylaw amendment will come to public hearing on March 15

The Habitat Acquisition Trust has secured a biodiverse 23-hectare parcel of land in Highlands through a donation from Anne and Jim Ganns, who owned the property for 50 years. (Photo by Jeremy Da Silva/Courtesy Habitat Acquisition Trust)
23-hectare land donation in Highlands extends permanent habitat protection

Anne and Jim Ganns pass on property purchased 50 years ago to the Habitat Acquisition Trust

The Sooke Fine Arts Show will be online again this year, showcasing unique artworks from Vancouver Island and B.C.’s coastal island artists from July 23 to Aug. 2. (File - Sooke News Mirror)
Sooke Fine Arts Show goes virtual for second year in a row

Art exhibition and show set for July 23 to Aug. 2

Provincial health officer Dr. Bonnie Henry updates B.C.’s COVID-19 situation at the B.C. legislature. (B.C. government)
B.C. reports 10 additional deaths, 395 new COVID-19 cases

The majority of new coronavirus infections were in the Fraser Health region

Anyone with information on any of these individuals is asked to call 1-800-222-TIPS (8477) or visit the website victoriacrimestoppers.ca for more information.
Greater Victoria Crime Stoppers wanted list for the week of Feb. 23

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

(Black Press Media File Photo)
POLL: Are you struggling with Greater Victoria’s cost of housing?

While Victoria remains one of the most expensive cities in the country… Continue reading

Bryan Adams with his mom, Jane Adams Clark, at Lions Gate Hospital. (Bryan Adams)
Bryan Adams gives shout out to North Shore hospital

The singer’s mom was in Lions Gate Hospital for care

Shoppers will be able to get their hands on signed bottles of Ryan Reynolds’ new gin at B.C. liquor stores this summer. (Twitter/Ryan Reynolds)
Ryan Reynold’s new Aviation Gin autographed and coming to B.C. stores

This summer 100 bottles will be available to the public for purchase across five B.C. liquor stores

Wayne Allen's graduation photo from Chemainus Secondary School. (Photo submitted)
Brother charged with murder in Vancouver Island teenager’s Ontario death

Jesse James Allen stands accused in the death of Wayne Allen, a 2020 Chemainus Secondary grad

An official investigation will be launched after VPD officers were recorded posing near a dead body at Third Beach on Wednesday morning, Feb. 24. (Screen grab/Zachary Ratcliff)
VIDEO: Vancouver officers under review for allegedly laughing, taking pictures next to dead body

Two officers were caught on video by a local beachgoer Wednesday morning in Stanley Park

Kim McGregor died in the Feb. 14 hit-and-run accident in Chemainus. (Photo submitted)
Victim identified in Valentine’s Day Chemainus hit-and-run

Kim McGregor grew up in Chemainus and had recently returned to be close to his parents

Provincial health officer Dr. Bonnie Henry updates B.C.’s COVID-19 situation at the B.C. legislature. (B.C. government)
‘Stay local’: Dr. Henry shoots down spring break travel for British Columbians

B.C. is reportedly working with other provincial governments to determine March break policies

Most Read