This was the response of Senator Chris Dodd, when he was repeatedly asked about the instances where bailout money was going into top executive bonuses (some were rumored to get $1million). Bonuses in a recession is truly crazy, but getting an answer that he deliberately included loopholes into the bailout laws (which by the way would be several hundred or so pages of mind boggling discussions, instruction and actions in legal wordings.) which was intended to help the economy and boost businesses like AIG. Unbeknownst to us ordinary folks, these crazy yet crafty business managers were issuing back-pay bonuses to their top executives with a little help from the government itself that had so strictly criticized the allotment of the taxpayer’s money for such purpose as the bailout, funny eh!
Now some of the honorable or sensible people in those almost bankrupt firms have started returning their bonuses (coz they were caught by the way) and the government is now nailing to the cross the new president they so desired last year and his staff a few months after they took their offices.
Wake up people, no short term magic fix is available and you’d have to accept it as such. In more crazy news, have you forgotten the term discrimination, well it seems as though its still a live and kicking in society (as if it never existed and persisted) for a lady steel worker was suspended from work for answering the call of nature on the job. She has been reinstated after she filed a suit against the union and the company she works for, the complaint also mentioned the fact that a fellow co-worker who also happened to relieve himself at the same time wasn’t even reprimanded for peeing his frustrations (maybe he peed on the spot and unlike the other party for apparent reasons had to leave literally for the same purpose). That’s business in today’s setting, where people try to get away with all they could as much as they could, don’t forget Madoff who’s fixed assets alone were almost worth a billion dollars.
From Japan, a quickie aftertaste of the daily oddities, models beware for it seems the very tech savvy Japanese have come up with a robotic model to grace the runway. Considering the fact you have to pay a lot for models these days, why not automate the whole thing, literally. Now you people who almost dies from the auditions gone wild with a reality TV show, better watch out!