There is something very inconsistent and duplicitous about the Democrats’ selective outrage over the AIG bonuses. The Washington elites and media who demonize American industry and think all corporate executives are greedy look right past all the lying and stealing that occurs in government and non-profit organizations:
- Employees goofing off while getting paid
- Calling in sick or drawing disability when you could work
- The ridiculous level of compensation for athletes and celebrities, which is spread like a tax to the population through higher prices for tickets and advertising
- Ineffective, lazy management that squanders resources
- Making a game of tripping up citizens with stupid regulations enforced with the policing power of government
- Cheating on insurance claims and stealing inventory and supplies.
These corruptions are many times more costly than all the executive compensation put together.
Free enterprise has a proven way of ridding the system of greed and bad decisions. Government compounds its inherent inefficiencies by building more government.
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