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Showing posts from March 15, 2009

Tune down.

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Give me an A. Okay... how about a lower one. Yeah, that's good. Now, give me a D. No, no.... that's an H. There ain't no H, so try D. That's more like it. Oh, hi. Didn't notice you there on the other side of that flat screen. (Damn, it's tight in here!) Forgive my inattentiveness - we're just trying to work on Big Green 's next release, [INSERT TITLE HERE - FOR GOD'S SAKE DON'T POST UNTIL YOU FIX THIS!!]. Quite an innovative title, eh? Took a long time to work it up, but that's what we're all about here at the abandoned Cheney Hammer Mill - spending inordinately large amounts of time on stuff that should take five minutes. I know what you're thinking. That's why we live in a squat house, right? Well, well... it isn't a squat house. It's an abandoned squat mill . Just as easy to get these things right, you know. In any case, here we are, down in the dungeon, the musical dungeon, trying to make this thing scream. The drums ...

Here's the outrage.

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When I first heard about the AIG bonuses - I think it was last Saturday - I felt sure there'd be hell to pay, but this is way beyond what I expected. Now that we've all been treated to six straight days of red-faced rage, I have to say - this is just fucking surreal. It's not surprising that people are pissed off, but to see politicians, pundits, and news correspondents gnashing their teeth and shaking their fists at the sky is kind of hilarious. What - they've never heard of out-sized executive compensation before? Of top-level managers walking away from failed enterprises with a big bundle of cash? Where have they been for the past 25 years? It's only been happening my entire adult life, practically. Oh sure, I know - AIG took public funds. But plenty of companies with obscenely over-compensated management teams suck off the public feeding tube. Just look at our defense contractors, for chrissake, or Agri-business, fed fat with subsidy. AIG is a dramatic example o...