Cavuto Sticks it to Rep. Alan Grayson

In this time of quasi-Socialism in the United States, Neil Cavuto hit it right on the head.  Everyone in Washington is all up in arms about bonuses at AIG (although they all knew about the bonus structure BEFORE it hit the news cycle) even though these bonuses were in the overall contracts.  People who work in this area of sales know that bonuses make up a good portion of their income. The fact that the amounts are much larger than most people make in a year is irrelevant. Capping executive pay is really up to the shareholders and the board of that particular company. These kind of demands on pay come when money is accepted from the taxpayers.

It is curious that the same type of bonuses were paid to executives at Fannie and Freddie (remember those companies?) but the same outcry didn’t happen.   I wonder why?  Maybe it has to do with the fact that the news was released on a Friday afternoon / Saturday morning – well outside the normal news cycle (a typical tactic used by politicians -on both sides- to defray the public opinion on a subject).  Maybe it is the influence of Barney Frank and Chris Dodd?  (These yahoos partly created the problem)  Maybe it is the fact that many major players from the Obama administration have worked for Fannie and Freddie over the years?  Maybe the execs at Fannie and Freddie have compromising pictures of certain members of Congress with farm animals?  Who really knows….

What do we consider obcene?  How much is too much to make per year?  What business is that of the government?  This is typical class envy at the highest degree and we are starting to see the electorate really lash out at higher income earners.   I guess I can only hope to one day be one of those hated high income earners!

I suppose, as mentioned above, this is what you get when you accept money from the government (i.e. taxpayers).   An excellent reason NOT to finance failing companies, but what do I know.

Of course, this is just my opinion.

Rob’s Rant

Make Obama Your Co-Pilot

dashboardobamaThis is a great new product from Glenn Beck.  The Dashboard Obama can ride along with you in the car, sit on your computer or just be that lucky charm you have been looking for.  I can’t wait to get mine!

Lax Airport Security?

tsabombI was traveling a couple of weeks ago via air – pretty common for my job.  I was passing through the Airport in Indianapolis, IN on my way to another destination and noticed a new security device.  After I went through the first checkpoint showing my ID and boarding pass (as usual) I was ushered into a new security measure that I stood in while it checked me out.  It was not busy at this time of day and I asked one of the TSA agents what this new device checked for on my person.  Being very helpful he indicated that it does a more thorough check.  Sounded good to me, I’m all for additional checks at security.

My concern came later as we neared the time to board the flight.  I observed a couple of TSA agents approach the area near where we would be boarding.  This fact made me a bit curious on what was happening.  We were informed that the agents would be rechecking all of the boarding passes and ID’s a second time before we boarded the plane.

Now I’m all for security, but come on!  This does not make me feel safe after going through two checks at the security gate – one very extensive one at that!   I expected this type of over-reaching security effort after 911 (they did two checks back then – one at security and one at the gate), but what is the problem now?  I thought that the government and their TSA agents had taken care of this.  After what happened a little over a week ago in St. Louis with those TSA Agents (see this great post by my buddies at The Great Illuminator), I’m more than a little leery of our airport security procedures.  I now question whether the TSA is doing a proper job at the main security check-in.

I’m sure now I will be subjected to several screenings, a body-cavity search and a “thorough” interrogation by our friendly TSA agents. 

Of course, this is just my opinion.

Rob’s Rant