Board Rooms and Coal Miners

The Wyoming Star Tribune reports some surprising fun facts:

Kevin Crutchfiled, CEO alpha: Getting His

1. Coal miners make about $82,000 a year, on average. Not bad for guys who didn't finish high school.
2. When the executives and Board of Directors of Alpha Natural Resources saw net losses or no profits every year from 2011 through 2016, their response was to file for bankruptcy, to petition the court to allow them to cut paying health insurance benefits for their miners while paying themselves multi million dollar bonuses. The price of failure was paid not by the millionaire executives, who were sure to take care of themselves, but by the working stiffs in the coal mines.
From the Casper Star tribune:

But based on the average annual coal miner’s wage of $82,000, the layoffs would save the pair around $37 million in annual wages, or 84 percent of the $44 million Peabody and Arch paid their executives teams in 2014.

Alpha is seeking to cut retiree benefits for some 4,580 nonunion miners and their spouses. That move is expected to save $3 million annually, or about 14 percent of the $20.8 million Alpha paid its management in 2014.

When Bernie Sanders talks about a rigged system, the coal miners don't need an explanation of what that means. What a rigged system means is the board of directors can, legally, rape their own companies, drain away cash from the companies' accounts and into their own personal bank accounts while reneging on the promises they made to their employees, for health insurance and pensions. Oh, your security for health and retirement is gone? Never mind, we are doing just fine in the executive suite.

So when Donald Dotard talks about those swarthy Mexican illegals stealing across the border to rape white women, he is talking about small time rapists. The rare Mexican rapist is small time compared the CEO's who rape thousands of employees as they hollow out their own companies--all perfectly legally.