text: To those who think its the shareholders that should determine CEO pay not the government ,  are totally missing the point of the article.    The shareholders have zero say in what the CEO makes.  The pay resolutions are non-binding,  so my 400 shares of HR Reit give me zero ability to do anything about the over the top CEO pay  
  
  CEO pay is typically determined by a select group of insiders who all are looting the company to various degrees.  They have no incentive to stop the gravy train.  Like wise institutional investors,  I am refering to the Blackrocks of the world here,  have no interest either,  as the people like Larry Fink of Blackrock are playing the same game of ripping off shareholders , and hence they do not want to rock the boat either.
  
  What is especially infuriating,  is that in a bull market pretty well all stocks go up,  having pay tied to how much the stock goes up is meaningless.  Especially as CEOs are never punished for poor stock performance.