Abigail Disney Calls Bob Iger’s $65 Million Compensation Insane

Abigail Disney Calls Bob Iger’s $65 Million Compensation Insane:  In public comments, Disney co-founder Roy Disney’s filmmaker, activist and philanthropist granddaughter Abigail Disney has been describing Disney Chairman-CEO Bob Iger’s $65 million compensation package as completely “insane.”

Now I’m not certain the term “insane” is the correct word to use.  After all, just because Disney's pay is so low that nearly 11% of their employees are classified as homeless, three-quarters say they don't earn enough to cover their basic expenses and another 56% report concerns about getting evicted from their apartments - doesn’t make Bob Iger’s $65 million compensation package “insane.”  I was thinking “criminal” might be a much better term to use.

And while Disneyland is known to all as the “Magic Kingdom,” I believe their true “magic” has to be their ability to pay so many employees sub-poverty wages, while somehow managing to convince the general public to pay upwards of $135 per ticket for the privilege of standing in line in the hot sun for nearly an hour, just to get on a ride that lasts about 3 minutes.  Now that’s what I call some serious magic - maybe even voodoo.

https://www.johnnyrobishcomedy.com

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Comment by Johnny Robish on April 21, 2019 at 9:49pm

I guess that all looks good on paper my friend.

Comment by Ron Powell on April 21, 2019 at 9:51pm

Thirteenth Amendment to the United States Constitution

Section 1. Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.

Section 2. Congress shall have power to enforce this article by appropriate legislation.[1]

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President Roosevelt criticized businesses paying low wages to employees during his 1933 statement on the National Industrial Recovery Act (NIRA). NIRA allowed the government to regulate business to combat deflation and stimulate a better economic situation.:

 “No business which depends for existence on paying less than living wages to its workers has any right to continue in this country.”  ---Wikipedia

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