France's new Socialist government has held its first cabinet meeting and announced a 30% pay cut for President Francois Hollande and all his ministers. A campaign promise, the cut reduces Mr Hollande's monthly salary from 21,300 euros to 14,910 (£12,000; $19,000). The cut contrasts sharply with predecessor Nicolas Sarkozy's decision to increase his pay on entering office
If the guy running the Country earns only $19,000 a month then CEOs should earn less than this in my opinion.
I'm all in favour of keeping dangerous weapons out of the hands of fools. Let's start with typewriters. Frank Lloyd Wright