A letter to the Editor the Chronicle wouldn't print

CEOs today make more money than ever. Many of them have no understanding of the business they're trying to run, just a naive faith that if they lay off enough of their fellow workers, their companies will eventually become profitable. With the golden parachutes they often demand, they continue to cost astronomical sums even after being let go for driving their companies into the ground. And the same CEO who failed spectacularly at one company will usually be given the chance to ruin another. Clearly, the fact that these loonies continue to earn outragous salaries shows that the United States is dangerously short of top managerial talent.

I can see only one solution: increase the number of H-1B visas used to hire CEOs from developing countries. What America needs is a CEO who's willing to work 12 hours a day for a reasonable wage and can be cheaply deported should he not perform acceptably. Anything less threatens our stature as a first-class industrial power.