Thursday, 14 August 2014 00:00
Your “Train In Vain” editorial (July 16-22) referred to “genuflecting” to the MTA’s leaders — ”those six-figured salaried credits to humankind.” From that, I am inferring that you were implying that for salaries in the $100,000-to-$999,999 range, the public has a right to expect better leadership, and leaders. I agree with that, and feel even more strongly about the countless corporate executives being paid (not “earning”) seven-figure and eight-figure (millions and tens-of-millions of dollars annually) salaries. I refer to recent news stories stating that: “The head of a typical large public company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012.”
The story also said, “A chief executive now makes about 257 times the average worker’s salary, up sharply from 181 times in 2009.”
Two-hundred and fifty seven times the salary! Not 257 times the hours; nor 257 times the education; nor 257 times the intelligence.
Hours Worked: Assuming a normal 40-hour work week, how many times those hours can the hardest-working CEO humanly work? Eighty hours? That would be double the hours. Even the almost-humanly-impossible 120 hours per week spent working would have the CEO working three times the average worker’s hours. Not anywhere near 257 times the hours.
Intelligence: The highest IQ for even the most brilliant human beings in the history of the world tops out at about 200. So, even the brightest CEOs would have an IQ about two times the average worker’s IQ of 100. Not 257 times the intelligence.
Education: Even if the average worker drops out of school at the end of eighth grade, and the average CEO spends 24 years in school until he gets a Doctorate (at age 29), he’ll only have three times the education. Not 257 times the education.
In conclusion, I say 257 times the salary is unjustifiable, and much more “obscene” than 4 percent raises for people who not only don’t earn millions of dollars a year, but don’t even earn 1/10 of a million dollars a year.
— Richard Siegelman
Last Updated (Monday, 29 November 1999 19:00) Friday, 28 November 2014 00:00
Last year Manhasset Park District Commissioner Mark Sauvigne was thinking about running for the office of Manhasset-Lakeville Fire & Water District Commissioner, but he sensed the timing wasn’t right. The district covers Manhasset and parts of Great Neck and north New Hyde Park. Commissioner terms are for three years.
“About a year ago I was approached by various members of the Manhasset Lakeville Fire Department, asking me if I would be interested in running for the office of the Fire/ Water
Commissioner,” said Sauvigne. “Although I was honored to be considered, I wasn’t sure the timing was right, so I put the decision off for a year. In the meantime, when the communication tower controversy occurred in October of 2013, I knew it was time to get involved.”
Last Updated (Monday, 29 November 1999 19:00) Thursday, 27 November 2014 00:00
When it comes to fitness, getting off the couch is half the battle.
Plenty of people start each day with the best of intentions, but plans to eat healthy and get to the gym often fall by the wayside with even the most shoddy of excuses. But a New
Hyde Park native is bringing physical fitness to the front door with a mobile, personal traning regimen focusing on individualized one-on-one fitness, group sessions and corporate fitness.
Thursday, 27 November 2014 00:00
The students of Herricks High School were treated to a “Blast from the Past” as the Herricks High School Class of 1964 during this year’s Homecoming celebration. Approximately 60 members of the class of 1964 arrived at the high school on homecoming day for a tour of their alma mater. Most of these alumni had not been back to the high school since graduating 50 years ago.
All were impressed with the changes that have taken place and with the friendly demeanor of our high school students. One alumnus became teary eyed when he ventured out into the courtyard.
Thursday, 20 November 2014 00:00
Despite a disappointing playoff loss against the Wantagh Warriors, Sewanhaka Indians Head Coach George Kasimatis, is pleased with his football team’s season.
“I’m proud of my team,” he said. “But you are never satisfied unless you win the whole thing.”
The Indians faced a big challenge this year, moving up into Conference II left them as the new kids on the block, unfamiliar with the teams they would be going against.
Kasimatis will have a tall task next year replacing graduating seniors, which made up most of his starting lineup. Kasimatis said most of the offensive line, such as Danny Gianotti, Adrian Gonzalez and Louis Segarra III, and the defensive line, such as Justin Alexandre, Peter LaTorre and Peter Militano are seniors, many of which have started multiple years for him.