Whistle Blower, If you don't like it leave.
Simple.
We get paid very well, and whilst it would be nice for us all to have more, you getting a 5 or 10% pay rise may jeopardise someone's job, never mind their pay cut!
Why not sit back, shut up and ride out the recession doing your best to make sure that the company, and your colleagues' jobs, comes through unscathed?
And before the shouting starts, I'm not a management stooge or any thing else: I just have a grasp on reality and want to keep people in a job!