After seeing yet another company lay off 500 hard working middle class while the CEO and officers have not taken any form of a pay cut of their 7 and 8 figure salaries AND.... will likely award themselves 6 or 7 figure bonuses for "saving" the company money by the layoff, I'm quite in a bad mood!

Just to put it into perspective, for every $1 million those fat bast---- make, 13 people could keep their jobs at $75,000 a year!!! Are you telling me the bunch of unqualified incompetent officers and the CEO could not (in fact, SHOULD NOT) collectively take a $39 million cut in pay to keep the 500 working? I'll bet the 500 they are cutting don't average $75,000 a year either, so they would be able to take less of a pay cut.

I note them as unqualified and incompetent because a company doesn't lose money overnight. Oh, yes, it appears to us as such, but the postmortem, if done, will show a multi-year history of neglect, abuse, irresponsibility and just plain stupidity on the part of the decision makers. 

I find it endlessly ironic that the very people who lack the creativity, knowledge and ability to keep a company afloat are the very people who keep their jobs and unbelievable salaries and bonuses while the people who have absolutely no say-so in the matter, even though they probably did have the solutions, are put out on the street.

If you recall, when K-Mart went bankrupt, they brought in this "genius" CEO that was supposed to be a turn-around king because he was at the helm of CVS when it turned around. Never mind that CVS turned around in the late 90s, when if you couldn't make a profit in business back then, you just simply shouldn't be in business. Well, he came into K-Mart and made things worse than they ever had been. The reality is, this guy wasn't a CEO prodigy at all. He was a worthless, over-paid idiot who couldn't manage himself out of a wet paper bag. They paid him $15,000,000 to walk away!

Just wondering how much they PAID the officers and CEO at Bear-Stearns to walk away! Now Wachovia. Who's next? It's coming, don't worry. 

I wonder why I can't get a CEO job. I'm just as unqualified! Just as incompetent! Equally incapable! In fact, I'll do them all a favor. I'll come in at half the pay, and ruin the company in half the time, and they can pay me half of the "walk-away bonus". It would still be more money than 90% of today's hard-working, qualified, and capable people will make in their lifetimes!

Now, who's scratching their heads about why America is sinking down the toilet?

...because, divided we fall...

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