Does anyone else find it ironic that Obama's chewing out all these execs for their crazy huge rewards for sucking on everyone's investments right now, but he felt perfectly justified in throwing the most expensive inauguration party in this country's history? I know, the party's expenses pail's in comparison to some of the dough that the exec's are getting. Here's what I think is a little silly:
Obama chewed out execs for buying jet's, and giving crazy bonuses to people in the midst of this financial crises. Just a few weeks prior, he asks the entire University of Utah marching band to play at his inauguration... If he's suppose to lead this country, and shed costs, and help get us going again, by leading by example... how should that be interpreted?
I'm all for cutting back on the exec's compensation, don't get me wrong. I think it's asinine that men get into these positions making $50+ million annually, with the option to potentially make $150+million, albeit a risky venture. They don't care, they're guaranteed a salary. The incentive structure should be our target.
Anyway, I'm just not entirely convinced about how he's the answer to America's problems. I'm finding it pretty humorous though how many nominated individuals that are ineligible for one reason or the other.
Friday, January 30, 2009
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