This was the main story on CNN.com the other day:
Struggling Ford Motor Company, which posted a record $12.7 billion net loss in 2006, gave its new CEO Alan Mulally $28 million for four months on the job, according to a statement filed Thursday. The details were made public as Ford moves ahead with plans to close plants and cut more than 30,000 hourly positions in an effort to stem losses.* CNN.com
What sort of justification can be used to make this right? Thirty thousand Americans are going to be out of a job while a CEO makes $7 million a month? That strikes me as terribly immoral and obscene.
Follow that up with a case of the U.S. government doing the exact same thing:
The Department of State will not rule out paying a salary to Sam Fox, the major Swift Boat Veterans For Truth donor who was recess appointed as US Ambassador to Belgium by President George W. Bush yesterday.”That’s not something we’re allowed to get into,” Lesley Phillips, a State Department spokeswoman, told RAW STORY when asked whether or not the millionaire businessman would be paid for his services.
So, here’s what happened if you missed out. Bush knew this guy wouldn’t get approved by the Senate, so he withdrew his nomination. The Senate goes on break and what happens? Bush makes a recess appointment and gives his Swift Boat financier an ambassadorship. I find it funny which taxer-payer funded expenditures taxpayers complain about. This one, in particular, bothers me as a taxpayer.
And this fella – he’s a millionaire. But do you doubt for one second that the Bush regime is not going to pay their friend?
