Sunday, January 23, 2011

Keith Olbermann & the Hypocrisy of the Left

Keith Obermann has left MSNBC.  I don't know what the brouhaha was all about but I have one question.  Why did Keith negotiate a contract for $7.5M per year for 4 years?  The left complains loudly about senior executives making more than 20 times the average wage.  They cite European companies where that ratio is typical as the model to follow.  Using a liberal number of $92,000.00 as the average wage scale for NBC, Mr. Olbermann should have insisted that his contract not exceed $1.8M per year.  But, in reality, if $1.8M is what he believes would be a fair salary for the CEO of General Electric, then for the sake of equity, something the left is passionate about, he should have insisted on being paid signifcantly less that $1.8M.  I think $900K would have been fair. If it's determined that this divorce was about money, I'm sure it was because Keith was insisting his salary be lowered and he decided to resign to protest MSNBC's intransigence.

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