Monday, September 29, 2008

$500,000 ?????????????????????????????

I hear all this glorious talk about eliminating "golden parachutes" for CEO's... Now I hear their "packages" are limited to $500K in companies taken over by the bailout.

Look, I realize that $500K is nothing to these rich bastards, but it IS to most of us. What needs to be done is for these bastards to be taken out in front of the public and FLOGGED!

CEO's should be compensated if they create success within their companies. If they run the damned thing into the ground, well then they should leave with NOTHING !!! I realize the government can't tell private companies what kind of deals to negotiate with CEO's, but once the government takes over, those contracts should become NULL and VOID!

People who are shareholders in those companies should get first shot at the CEO!

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