Saturday, February 07, 2009
Executive Bonuses
The whole business world is "aflutter" with the
fact that some CEOs (company heads) will
only be allowed to make $500,000 (1/2 million)
a year in salary......
This has come about because some people
in the Government thought others were making
too much money in bonuses......
Well let's look at it this way......This executives
got the money because it was THERE.....
It existed on the corporate balance sheets.....
For the common man, it is the same as
finding a $20 dollar bill in an old pair of
pants.....Found money......Spend it......
The current stimulus package in the US
Congress is the same thing.....The money
is THERE so let's spend it......
The forgotten fact is that in both corporate
and Government instances - the balance
sheet is wrong.....So we will go from one
problem to another.......
It will be a bad double layer cake when it
is all over.....We are currently in the middle
icing process.......Pumps
fact that some CEOs (company heads) will
only be allowed to make $500,000 (1/2 million)
a year in salary......
This has come about because some people
in the Government thought others were making
too much money in bonuses......
Well let's look at it this way......This executives
got the money because it was THERE.....
It existed on the corporate balance sheets.....
For the common man, it is the same as
finding a $20 dollar bill in an old pair of
pants.....Found money......Spend it......
The current stimulus package in the US
Congress is the same thing.....The money
is THERE so let's spend it......
The forgotten fact is that in both corporate
and Government instances - the balance
sheet is wrong.....So we will go from one
problem to another.......
It will be a bad double layer cake when it
is all over.....We are currently in the middle
icing process.......Pumps
# posted by Pumps @ 11:34 AM 
