Barack Hussein Obama: Wall Street Bonuses May Go Way of Dodo Amid Bailouts ... What about Overpaid Athletes?

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overpaid-baseball.pngPresident Barack Hussein Obama recently launched into a mild-tirade against Wall Street bonuses and inflated CEO compensation as reported by Bloomberg.  What Obama failed to recognize is that our entrepreneurs, CEO's and business leaders help manage the backbone of the American economy.  In some cases, they are responsible for multi-billion dollar companies employing over 100,000 Americans.  No offense to the guys in the mail room, but someone with that type of corporate responsibility on their shoulders deserves to earn a little more than the average Joe.  In my opinion, executive compensation is a non-issue.  Obama is only making an issue out of this with the intention of trying to show how in-touch he is with America's middle-class; which he isn't.

Hey Obama, while you're at it, what about all those overpaid athletes and celebrities?  Like this guy, and these guys.  Athletes and celebrities have less of an impact on our economy and society than our business leaders, yet Washington seems to turn a blind eye to the fact that some athletes get paid over 100-million dollars to play a game.  So much for genuinely caring about the middle class.

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About Mark

A Silicon Valley native, Mark Kolich is a full-time Software Engineer, a casual entrepreneur, and a consultant for hire. A web technologies expert, his current focus is on building powerful and robust cloud-driven web-applications using Java, PHP, Perl, AJAX, DHTML, CSS, and JavaScript. His favorite programming languages are PHP, Java and JavaScript. He uses Linux, enjoys biking to work, loves building great software, and always writes elegant, readable, and maintainable code.

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This page contains a single entry by Mark Kolich published on January 30, 2009 7:00 AM.

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