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Re: Congress' reaction to AIG bonuses -- am I the only one concerned?
From: David Farber <dave () farber net>
Date: Fri, 20 Mar 2009 13:56:53 -0400
Begin forwarded message: From: Rich Kulawiec <rsk () gsp org> Date: March 20, 2009 1:36:50 PM EDT To: David Farber <dave () farber net>Subject: Re: [IP] Re: Congress' reaction to AIG bonuses -- am I the only one concerned?
There is a larger and more long-term issue here. Is anybody actually worth a million dollars (to pick an arbitrary and round number) a year -- to society-at-large? Dr. Ben Carson, maybe. Stephen Hawking, certainly. And similar. But some doofus who merely shuffles money around? I think not. (Doubly so, some doofus who does it *very badly* and manages to lose most of it.) Neither any movie star, nor athlete, nor celebrity, nor CEO. NONE of these people are actually doing anything which provides value to society in a quantity sufficient to justify such an enormous wage.On the other hand, it's not difficult to think of any number of professions
where undercompensation is severe and chronic: "teaching" is merely one of the more obvious examples. And yet, the teachers working away today in schools across the country are doing vastly most valuable work than anyone on Wall Street. How many teachers could we give a 25% raise to just using the money handed out in bonuses by AIG? We, as a society, really need to readjust our concept of the value of work. We have lavishly rewarded the selfish while nearly ignoring those who sacrifice much for the common good. And those selfish few have "rewarded" us by destroying our economy, costing millions of people their jobs and their homes and their peace of mind, and diverting our national attention and resources from our many other pressing problems. We should return the favor -- showing them exactly the same respect, mercy, generosity and compassion that they've shown us...and no more. ---Rsk ------------------------------------------- Archives: https://www.listbox.com/member/archive/247/=now RSS Feed: https://www.listbox.com/member/archive/rss/247/ Powered by Listbox: http://www.listbox.com
Current thread:
- Congress' reaction to AIG bonuses -- am I the only one concerned? David Farber (Mar 19)
- <Possible follow-ups>
- Congress' reaction to AIG bonuses -- am I the only one concerned? David Farber (Mar 19)
- Re: Congress' reaction to AIG bonuses -- am I the only one concerned? David Farber (Mar 19)
- Re: Congress' reaction to AIG bonuses -- am I the only one concerned? David Farber (Mar 19)
- Re: Congress' reaction to AIG bonuses -- am I the only one concerned? David Farber (Mar 20)
- Re: Congress' reaction to AIG bonuses -- am I the only one concerned? David Farber (Mar 20)
- Re: Congress' reaction to AIG bonuses -- am I the only one concerned? David Farber (Mar 21)
- Congress' reaction to AIG bonuses -- am I the only one concerned? David Farber (Mar 21)
- Re: Congress' reaction to AIG bonuses -- am I the only one concerned? David Farber (Mar 21)
- Congress' reaction to AIG bonuses -- am I the only one concerned? David Farber (Mar 22)
- Re: Congress' reaction to AIG bonuses -- am I the only one concerned? David Farber (Mar 22)