Blogs For Victory

Its ok, you see?, he doesn’t work for just any, old greedy corporate behemoth, but for a government-bailed-out corporate behemoth:

The pay package given to Freddie Mac’s new chief financial officer should have sent a message from Washington to corporate America about how executive compensation standards must change. Instead, it did just the opposite.

The government-controlled mortgage finance company is giving CFO Ross Kari compensation worth as much as $5.5 million. That includes an almost $2 million cash signing bonus and a generous salary that could top $2.3 million.

Signing bonus? Is this a sports team?

Look, I don’t care how smart this guy allegedly is. I don’t care how much knowledge he’s supposed to have – I could do this job for, oh, $1 million per year…and if I needed some help keeping up with the books, I could take half my salary and distribute it amongst 5 accountants at 100 grand a pop and still leave myself an income more than sufficient to live as swank a life as anyone needs – especially if their pay is drawn out of the taxpayer’s pocket.

This is what is wrong with America: Big Government and Big Corporation simply don’t understand the lives of everyday Americans. Seriously – I’ll bet any amount that there isn’t single middle or lower income American who, if asked how much the CFO of Freddie Mac should make, would have come up with a figure greater than a few hundred thousand dollars. Its all the job is worth – and there is someone out there who would do a bang up job for such a salary. But people in Big Government/Corporation sat around and discussed the issue and figured that Kari needed $2 million just to walk through the door!

This is what we must fight against – we must make these cretins understand that they aren’t tin-platted little demigods living on a higher plane than the rest of us. They are just people who choose the path of least resistance – and thus work either in Big Government or Big Corporation where results are never really measured and the whole system is designed to hide incompetence. You can’t get away with this sort of nonsense at smaller firms – and a smaller government would inherently be more responsible with our money because they’d have less of it.

In 2010, we must start taking our country back – before the idiots who awarded a $2 million dollar signing bonus for a glorified accountant destroy us.