Log in

No account? Create an account

Previous Entry | Next Entry

Quote of the day!

$500,000 is not a lot of money, particularly if there is no bonus. -James F. Reda, founder and managing director of James F. Reda & Associates, a compensation consulting firm.

That's right, half a million dollars just doesn't go as far as it used to. And President Obama's new CEO salary cap will leave these men begging on the streets...just to make the payments on their shiny new Bimmers.

It's about time the Gov't limited the extravagant salaries these corporate execs are making. If only they could do it for every company, and not just ones taking bailout money. Yes that's socialism, and I'm a socialist, but I'm sorry, does that extra million dollars really make your life better? Better to the same extent as it would for the number of poor who could be fed with what you make in a day?

Do you really deserve to be showered with cash as you burn your company to the ground? No.

This sickens me.



( 5 comments — Leave a comment )
Feb. 4th, 2009 05:45 pm (UTC)
Men who make that much don't by their Beemers on credit. They buy them with the cries of starving children :-)

Aren't I cheerful.
Feb. 4th, 2009 05:46 pm (UTC)
2 things:
1) That up there was me.
2) While the Captcha thing is great, you'd think they would make them friggin' READABLE.
Feb. 4th, 2009 09:23 pm (UTC)
Rawr...this kind of whining by these people just makes me angry. A half million dollars...I could pay off my loans with that, live on it in case I can't find a decent job in the next few years, and STILL have a boat load left over to pay back my parents all the money they spent on me for college.

Rawr. Just...Rawr.

Rage more, Mary Brave, rage more.
Feb. 5th, 2009 12:36 am (UTC)
But how are our executives to buy their Ferrari's?

They do get attractive stock options, which can probably make up some of their lost salary. They just don't get to sell them unless the company pays back the government
( 5 comments — Leave a comment )