I'm pissed! I mean really pissed! How can anyone with an advanced education be such an incredible idiot! How can one live in in this country, or any country for that matter, and be so oblivious to the reality of the times? How could they be so stupid to ask the common man to contribute to their bailout and then split $70 billion between themselves and call it a bonus? It is this type of ludicrous action that has thier businesses in trouble which has contributed to the global recession.
If this isn't enough evidence to prove the obsurdity of Wall Street arrogence it has recently been made public that Merrill Lynch CEO, John Thain spent $1.22 million on an office remodel. When he was confronted by a reporter about this matter he confirmed that it was true and said that he just couldn't have really done much in the office the way it was. As of Oct, 2008 Merrill had laid off 5000 people in 18 months. How many saleries could have been paid with his office remodel and bonuses?
What has happened to this nation that we have begun to value one person's skills over anothers in such a gross manner? I understand that the janitor will never make the same salery as the CEO, but need there be such a vast canyon between the two amounts? Does the janitor not contribute to the companies bottom line? This level of employment is the first to experience the effects of financial decline and yet do they ever see the "bonuses" of the profitable times?
While these horrendous attitudes are quite obvious on Wall Street they are not limited to this arena. Much of business and industry in the U.S. has taken the same path. According to the National Coalition on Health Care at least 46 million Americans under the age of 65 are without health insurance. Of those 80% are from working families. This is a disgrace that surely deserves some attention.
President Obama campaigned on the platform of change. He is being called the common man's president. I sincerely hope that he can lead this country into change. There must be a purging of greed. We need to become acutely aware of the needs of our neighbors, those we come in contact with every day. There also needs to be a reviewing of all people so we might be delivered from the terminal attitude of "us" and "them". It would be a great benefit if we could focus more on "conserve" instead of "consume".
This great nation definitely needs change. As the "Little River Band" put it, it's "time for a cool change". Let it begin with me.
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I don't like the greed that is demonstrated in corporate America either! It seems grossly hypocritic to take a bailout with one hand and spend lavishly for management on the other. I am however, nervous about the government putting their hands into so much of the American Pie. Corporation management execs need to curb their greed before the Obama-nation reaches their long arms in and curbs it for them in true socialistic style. Futhermore, we need to really hit our knees and pray for the philosophical change that is coming about with same-sex partnerships and the "Freedom of Choice Act" all being pushed like they are the answer to our societal ills rather than a symptom. In the OT, Israel and Judah were taken captive because they turned away from God and turned toward whatever was politically correct in that ancient day. I am concerned that the USA is being taken captive while the church examines the lent in its navel (sociological term meaning introspection). It is time we open our eyes.
ReplyDeleteThanks for the comment. I was just thinking today that these exec's needed to begin to govern themselves by taking responsibility for their mistakes and reigning in their flaggerant arrogance. I too have concerns about "big government" and believe that this nation is ripe for this to happen. We have become such abusive consumers. We want instant relief from the mess we have been making for a long time.
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