April 18, 2012
What a shame!
How embarrassing that the shareholders of Citigroup recommended a no vote on the CEO's compensation package. He only wanted $15 million for heaven's sake. C'mon Citigroup! Get with it. Pay the guy before he is forced to apply for food stamps!
GAB DECISION: Fake Democrats can be on the ballot for the primary, says GAB. I agree with them. If the GAB starts telling us who is and who is not a Democrat, it would set a dangerous precedent.
Two choices, friends: Either agree on a vetting process by the party or you permit self-selection and let them run with your label. Herb Kohl, as an example. Was he a Democrat when he opted to run? Doesn't matter, because he could put his personal wealth into the battle with or without a platform. Money, money, money.
Everytime I read about the hundreds of millions or billions that will be spent in the presidential race I cringe. Democracy has been sold, so I guess we should get used to it.
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America's Management Class, in recent decades, has evolved into a caste all its own. They have become imbued with a shameless sense of entitlement way out-of-proportion to their actual economic worth. And they take care of one another.
One need look no further than the Eau Claire School District and its shameful scandal of a few years ago involving a departing administrator and his minion on the Board. Shameless cronyism; looking out for one's socioeconomic compatriots.
More recently, and similarly, the same district has awarded an enviable golden parachute to a departing superintendent. If his spoils (which most of those who foot the bill could only dream about) aren't appalling enough, the district will be hiring a consultant to do a nationwide search - at likely significant cost to the district taxpayers - for his replacement. Again, that management caste mentality at work, along with maybe a bit of ego on the part of the Board.
Consider: Might there not be at least one or two administrators already employed by the School District who would be eminently qualified to fill the superintendent's shoes? And might not any of those indivuduals, who know the district and its issuse inside out, be ecstatic at the attending, substantial salary increase - likely a fraction of what the nationwide "talent" would demand? Imagine - no need to use scarce District resources to pay a consultant. Imagine the minimum effort and expense needed to bring the in-house candidate "up to speed."
Nope, that management-class thing again. Not to mention - what a dynamic district! They can congratulate themselves heartily on being able to attract (and afford) National Talent!
I realize this has strayed a bit from the Citigroup story, but the issues and dynamics are the same. It would be a good thing for citizens at all levels, in all arenas - public and private - to say "enough already" with the excesses of the few at the expense of the many.
-Charles Kuehn | Fall Creek, WI | April 19, 2012