Why Politicians Don't Get No Respect
After all, the president gets the White House and the veep lives in the 9,150 square-foot Victorian mansion on the grounds of the Naval Observatory--both supplied by Uncle Sam. Why should not other elected officials have the same perks?
And while I am at it, Dick Grasso, president of the New York Stock Exchange, received $187.5 million in compensation during his eight years as CEO while his executive assistant received $240,000 and each of his two drivers were paid $130,000.
Why should a horse whisperer like Grasso be paid $187.5 million when the president of the United States--responsible for the largest economy in the world as well as the lives and fortunes of 250 million citizens--makes a piddling salary of $400,000?
Let's pay the president $5 million a year and be done with this silliness.
Takeaway Points to Consider
* In the chiaroscuro world of state legislatures and Washington, D.C., dark truths exist that relate directly to the corporate world.
* If workers are paid less than a living wage, expect them to moonlight and be tired much of the time.
* I remember once when some administration crowed that 350,000 new jobs had been created a guy in the Midwest said, "Yeah, and my wife and I have four of them."
* U.S. households received 4.29 billion credit card offers in 2003. Probably a number of your associates--just like members of Congress--are maxed out and scared to death.
* In the July 28th Washington Post, Carolyn E. Mayer described the new breed of debt collectors and how they can impact the productivity of employees that are financially in over their heads:
Embarrassing calls at work. Threats of jail and even violence. Improper withdrawals from bank accounts. An increasing number of consumers are complaining of abusive techniques from some companies that are part of a new breed of debt collectors.