Bushonomics 3
Executive vice presidents could claim retention awards of $1 million each, and senior vice presidents could get $600,000, provided they stay with the company until 2011, according to a filing late Wednesday with the U.S. Securities and Exchange Commission.
“The purpose of the award is to ensure the stability of the company’s leadership team,” the company said.
In March, the company said it would lay off 3,400 store workers and replace them with lower-paid new hires to try to fend off larger competitors.
Meanwhile, back on the bread line:
“I usually come early and it’s not like this,” said Willie Smith, a 47-year-old regular client at the pantry.
By 11 a.m., the official closing time, there were still 12 people awaiting food. No one got turned away, but food-bank clients were surprised by just how many hungry people there are these days.
“We are struggling right now,” said Joanne Lelli, 39, a laid-off Wal-Mart worker and single mother of a 10-year-old girl with cystic fibrosis. She says she often has to choose between food and heating oil.
The country is filled with people making just that choice. And food banks are feeling pressure to get people through.
The Republican Party, now and always the Party of Privilege.
December 21, 2007 at 8:19 am
I’ve never understood this about the Demo pitch… two of their major postulates are that (1) the Republicans are the party of the rich, and (2) the biggest share of the wealth is held by a tiny minority. If that’s true, then how do they win so many elections? It seems to me that the only rationalization you can come up with is to say that working class people who vote Republican are fools. And what kind of strategy is it to call the voters you are trying to woo fools?
December 22, 2007 at 7:26 pm
I will quote Krugman: “Weapons of Mass Distraction.”
Read the book.
I will be blunt.
The Republican Party is the party of privilege.
It is also the party of racism.
It has built its national success on the “Southern Strategy,” the strategy of racism.
As they did so, they have also bamboozled many persons of good will into thinking it has their well-being at heart.
But, frankly, that’s just marketing. They are truly the “Mad Men” of our time.
Their goal is to make the rich richer, the poor poorer, and to unleash the monopolists upon the citizenry.
They have, sadly, accomplished that goal.
They have also mired this nation in phony wars and betrayed the soldiers who fight in those wars.
Have you read the news?
Now, for some reason, they are worried about losing Afghanistan, where my son serves.
Why the hell are they losing Afghanistan?
Because they abandoned it for a made-up war in Iraq, a war based on lies.
The Republican Party is the party of liars–not the followers, but the leaders. Liars.
As regards this comment:
And what kind of strategy is it to call the voters you are trying to woo fools?
I’m not trying to woo voters. I’m calling things as I see them. Nothing more. Nothing less.
It’s my son who sits at a computer, calls in air strikes, and agonizes about whether the information he has received is valid or not.
It’s my son who worries whether he has condemned civilians or fighters to die.
It’s my son who may never come home.
It’s my son who, because he is good American and a good soldier, puts his doubts aside and fights because his superior officiers tell him to.
And, years from now, when it all comes out that he has been fighting for a lie and for liars, what are you going to tell him?
December 23, 2007 at 7:05 am
I have no apologies for what your son is doing in Afghanistan. Absolutely none. The Taliban asked for a fight and they got one. The blood is on their hands. I will never accuse your son of fighting for a lie; I’ll just thank him for what he did.
(In between my frequent and well known racist acts.)