How can the $165 million that AGI is paying employees be considered bonuses if awarded for failure and not success? And that’s just the start. The bonuses are part of $450 million to be doled out.
Some of my vanished retirement money came from annual bonuses while working at two Fortune 500 companies. Every manager knew never to count on anything extra until the checks were in hand. Why? The bonuses were tied directly to performance: performance of the company, performance of the business unit, and performance of the individual. Read More
How many people are paying attention to President Obama now that the hoopla over his election and inauguration has died down? Not enough. Listen to this video clip (requires a scroll down) of what he said today about our stricken economy. Better yet, read the transcript of his speech after the clip. He understands what needs to be done as painful and distasteful as it is.
Republicans apparently find taxes so detestable they’d rather see millions suffer and the country grind to a halt to get their way. Such is their boundless ideological arrogance. But as the president said today: Read More
