03 July 2013
AUSTRALIAN POLITICIANS TURN IDEA OF "PUBLIC SERVICE" INTO GIANT RORT ON AUSTRALIAN TAXPAYERS
It's a racket. It's called the "executive pay survey". A company hires a so-called expert who surveys the range of pay being doled out to company executives at similar-sized companies. The company then uses this "survey" to justify huge increases in pay to senior executives, claiming it's "the market rate". Then this new benchmark becomes part of the next executive survey, in a corrupt exercise that claims "independence" from executive pressure.
It's the reason that between 1971-2008, CEO pay has grown 470%, with worker pay growing a pitiful 54%. But since 2001 as Australian companies adopted the "executive pay survey", the rate of executive pay has accelerated. It's a scam.
Kevin Rudd and the ALP government berated this issue during the 2007 election, and did bugger all to fix it. And in fact as we've seen, this scam has now been grabbed by politicians of both parties.
Running for elected office used to be considered "public service", not a licence to loot the taxpayer purse. During the difficult period around the GFC in 2008, Premier Anna Bligh "froze" MP compensation, although she was apparently advised Parliament of Queensland legislation would need to be changed. Of course she didn't do that - because all these pigs, ALP, LNP, and Independent, are in it together! The so-called "independent tribunal" surveys the corrupt executive compensation system and sets new politician pay packets.
This means Gavin King and Michael Trout along with all of our MP's will get pay INCREASES of AT LEAST $57,000. A PAY INCREASE ALONE that is 30% greater than the average Cairns worker! This on top of the extra pay deal that Campbell Newman gave to MP's when they were elected, making them all "assistant to the minister" for something,
And the rhetoric in defence is sickening. Police Minister Jack Dempsey says "they have to obey rule of law". Joh Bjelke Newman has had no trouble changing dozens of laws to get his agenda thru to screw government workers, and has continually bleated that the state has no money. With pensioners living on $30K a year and Cairns stripped of a promised $135M for vitally needed infrastructure projects.
"Public Service". What a joke. It's Pollie Service. They're all in on it. And we're the dickheads paying for this corrupt system.
And now, Bob "Sleepy" Manning and his disUnity Team have announced that, because of "government legislation", they too will be rewarding themselves with AN ADDITIONAL $41,000 PER YEAR MINIMUM! AN INCREASE GREATER THAN THE AVERAGE CAIRNS WORKER MAKES IN A YEAR!
The local government situation is the real ripoff. Even Martin Tenni has this one right - the Council is like a "board of directors" that sets policy and has staff. So why is our "board of directors" paying themselves like real workers with real skills?
On this subject the United States and other countries have got it right. Take the City of Torrance, California, adjacent to Los Angeles. Population 145,000, larger than Cairns. City Council pay? $100 per month, plus expenses. $350/month for the Mayor. Lakewood, Colorado. 150,000 population. Council pay $1000 per month, Mayor $38,800. Ludwigshafen, Germany: 124,000 Mayor salary, €300 per month.
Why are we paying our "board of directors" so much, when we're then paying a huge number of professional managers to actually do the work?
So the pollies have learned from the corporate CEO's, and put a system in place that gives them large and growing pay packets that they can always blame on someone else and "following the law".
This is a scam of epic proportions. We should all be outraged to pay these people these extortionate rates for their "public service".
Posted by JOHN MACKENZIE'S HILLBILLY WATCH at 9:52 AM