If you aren't in the mood to read a few rantings, just skip this post. I won't mind.
What a sense of entitlement!
Seriously, how can they even justify this!
I'm not really late to the party, I've just finally had all I can take.
I can not believe that executives from those companies who received the federal government's money --oops, I mean my money--oops, I mean the federal government's money had the audacity to pay themselves huge bonuses. No wait; I mean ridiculously obnoxious bonuses to themselves.
Now correct me if I am wrong, but on the planet called Earth, where I live, a bonus, especially from an employer is: a sum of money granted or given to an employee in addition to regular pay, usually in appreciation for good work performed.
Umm...in case they missed....their companies are sinking! They are in real financial trouble! Show me the good work! How can they in good conscience take those bonuses?
Okay, enough said. I have better things to go focus on.
OMGosh! Here is something presented in the news this morning (2/11/09). UGH!!!!
One company may have secretly moved up its plan to pay its top 14 executives 250, 000, 000 (two hundred fifty million) in bonuses just before it announced a 15 billion dollar 4
th quarter loss, and then asked tax payers for an additional 20 billion dollars to help with a deal!
I think the CFO ought to be given a pink slip instead of a bonus. When has spending money you don't have ever been a good idea. In case he missed the point, that is called DEBT.
On a positive side, I love Dave Ramsey. He knows that it's the American people with the American spirit who are going to fix our current situation (because guess what, there isn't enough money in Washington to fix this). It's going to be Americans with the with the
entreprenureal (sp?) spirit that are going to make America strong again.