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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFox News Host Kennedy: Disclosing How Much More CEOs Make Than Workers is 'Slut-Shaming Companies’
After the conservative Washington Free Beacon reported this week that the Security and Exchange Commission was being asked to implement a Dodd-Frank Wall Street Reform Act rule that would require companies to disclose the ratio of CEO-to-worker pay, Fox News host Kennedy Montgomery warned on Tuesdays edition of Out Numbered that it could cost millions just to crunch the numbers.
They are essentially trying to slut-shame companies into to paying their highest workers less, Montgomery opined. And slut-shaming companies is not the job of the U.S. government, co-host Andrea Tantaros agreed. Theres plenty of people who work in the federal government who are sitting around picking their nose at their computers who could do this on their own. Thats not a good use of taxpayer dollars.
But according to Tantaros, the only people who should care about this are the shareholders. Fox News host Shannon Bream argued that if workers knew that a CEO made 268 times more than they did, that foments people being very angry, and thats something that people can tap into, they can harness it and leverage it for their own use.
Montgomery asserted that the real solution to pay equity was less regulations. The Feds monetary policy, which is creating this false bubble on Wall Street, which is enriching CEOs, and if we would have less regulation, we would have naturally more wealth in this country, she declared. http://www.rawstory.com/rs/2015/01/fox-news-hosts-disclosing-how-much-more-ceos-make-than-workers-is-slut-shaming-companies/
Dwayne Hicks
(637 posts)This should be a national mandate!
justabob
(3,069 posts)and shameless....Forever banging on that less regulation drum. Less regulation is the answer to everything a tax cut won't fix.
misterhighwasted
(9,148 posts)gets difficult to even respond to the twisted spin of FOX News
pansypoo53219
(20,981 posts)do i need a sarcasm thing?