Posts Tagged ‘Merrill Lynch’

He knows better

February 3, 2009

I just had to make this into a post.  I made a comment about Mitch Albom and his ridiculous comment on how government should stop the “elitist immorality” of businesses spending money.  His exact quote is:

“Enough is enough. If they won’t stop this elitist immorality, the government should make them.”

He is crying about John Thain the former CEO of Merrill Lynch and the huge bill he racked up on redecorating his office.  Albom thinks that Govco needs to step in and tell businesses what they can spend money on and how much.  I guess he is following in the footsteps of “King Obama” in that Govco should decide how much your salary is and when you can make bonuses. 

You know, Mitch left out two things.  One is that Thain spent that money on his office back when the stock market was at 14,000 and the total melt down had not started.  Secondly, Mitch left out that he in the Forbes 2007 list and made $6,000,000 that year.   Shouldn’t Govco step in and tell him for a writer, that is just too much money? You know, I also think it’s stupid that a business would spend that much money on an office but, it’s THEIR money.  Also, how much do some of these businesses give to charity? 

Maybe profession athletes and actors make too much m0ney.  Where is Albom and Obama on that? 

Bunch of whining Liberals who we all need a moratorium on.


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