shame on them

i just cannot believe it when I read the headlines on nytimes.com: Obama Calls Wall Street Bonuses ‘Shameful’ . It's about bonuses payout to Wall Street executives in about $18.4B for the year 2008. Yes, it's for 2008, the year the earth "stood still" looking at the financial system meltdown, and it's a B for billion which is a common term these days. It's either this or last week, 65000 job loss in US, which added to the bigger pool of millions unemployed in US alone - thanks to the media/research firm/government and so many groups/orgs that can spit out some useful data for others to chew on. For the rest of the world, it's up to the government to tell the truth, or sort of the truth or, just simply BS all the way.

What's bothering me is the executives/big bosses/senior management will still get the bonuses, usually, it is just too big to imagine, and it's their fault for mismanagement, big part of it, to bring the company down or worst, bring the nation system down? It's not just the financial big boys...it's the same for many big corporations..."yes, it's been a bad year, so there goes the bonuses for the employees"...remember the usual statement? "but, I still get mine and the rest of my VP's" Don't the executives supposed to take the helm to run the company and be responsible for the outcome of it...profitable or loss? and it's the grass root of the company that help to build/develop/manufacture/crank out the product/service.

In fact, it's the grass root working level people who takes the biggest hit...what bonus? if the job or same pay is secured, that's good enough---is the common thinking in mind for many. The working class including management too, the lower level ones, and the rest - these people are either use their brain or hands or both. For many, with pay or without is like with food on the table or not. The job is not about how to get to the next level of VP or CEO or the CEO at another company or their next level of career or a big bonus. It's about how to help the company to be profitable, healthier, and so on . I hope I still get this right.

I am not surprise, honestly, when I read the news...it's just happening again and again. yeah, it may get fixed...time will tell. For the time being...yes, shame on them.

note: I do strongly believe in free market and little government (and intervention)