Wednesday, November 21, 2007

REWARD FOR FAILURE

Once again it is bonus time on Wall Street. And again the rich get richer, and the poor get poorer. Even tho the bonuses were excessive last year, I could in part understand them, since investors also made some gains.

This years bonuses will total 38 billion dollars, even tho investors will end up loosing over 74 billion dollars. Rewards for incompetence have become the trend. One CEO after another was reward with multi million dollar severance packages, after driving their companies into near ruin. We sit back and do nothing. Yet we allowed them to scream and holler, and do everything in their power, to try and keep the minimum wage down.

We are chastised by sports announcers for booing, when over paid athletes give half hearted performances. How dare we complain when they strike out or drop a ball. We hurt their feelings. For the amount of money they make, the should never strike out or drop that ball. I am quite willing to be booed, and for a quite less amount of money. Even tho we do get lack luster performances, the stands are filled and products purchased in support of them.

If we fail to live up to expectations at our work place we are fired. We walk away empty handed without a peep. They fail, and are rewarded, as they are chauffeured by limousine to another company or team that is willing to spend more millions to reward them for their failure.

1 comment:

Parisian Cowboy said...

Salut Pelmo,

Just a line to say I've changed the URL of my blog, it now is : http://parisiancowboy.blogspot.com

Have a nice day on your side onf the pond.