Capitalist theory asserts that CEOs rise to the top based on merit and moxie and deserve million-dollar pay packages. Turns out, though, capitalism doesn't really work that way. Conniving Jonnies rule the business world.
In the name of "fiscal responsibility," the self-interested CEOs animating Fix the Debt are pushing a deficit reduction plan that would lower taxes for corporations and the super-rich while slashing programs central to the middle class and those working their way into it.
Starbucks' growth doesn't come from "insanely great" gadgets with huge profit margins. The coffee chain shows how a good CEO can do right by his company, and how that can structure a CEO's pay to ensure he gets paid what he deserves.
Unlike the perpetrators of the Watergate scandal, who wound up facing jail time, Timothy Geithner evidently has a golden parachute waiting at Goldman Sachs, not coincidentally the largest recipient of the AIG bailout.