Correct me if I’m wrong but aren’t bonuses tied to performance? When your company experiences such massive losses that it needs huge government infusions to keep operating, explain to me how a bonus is justified. Explain why they’re contractually obligated when the business has performed so poorly. It doesn’t make any sense.
Reading about everything that’s happening with the banks is kind of depressing. How the hell did the sh*t hit the fan so hard? The government just bailed out stinking AIG with a $85 billion loan. And all the pundits and experts think we haven’t seen the last of this crisis. When these companies mess up, […]
Interesting thoughts on US foreign policy by Noam Chomsky. His point is basically that the United States is not a real democratic state and the US makes its policy decisions based on the arrogant, ridiculous assumption that it owns the world, regardless of domestic or foreign opinions. And no one, at least not in the […]
So the FBI admits to illegally using it’s expanded power granted by the USA Patriot Act. What a damn surprise. Isn’t this one of the major reasons all the critics of the Patriot Act bring up? There’s no oversight. There’s so much potential for abuse of power. I’m sorry but you can’t simply “trust” these […]