Thursday, March 26, 2009
The Rich Don't Get It
One article today talked about Vick's (ex-dog fighting quarterback) bankruptcy plan would allow him to keep the first $750,000 of his annual pay. After that, a percentage would go to his creditors based on a sliding scale. Another article talked about some young wife divorcing her old husband for $100 million, stating she can't live on $53,000 a week. And I'm not even going to mention the various CEOs and execs making millions.
They just don't get it. If Vick is truly going bankrupt and can't pay his creditors, why should he still be getting $750,000 before paying his debts. There's a whole lot of folks doing quite well on less than $50,000 a year. If Vick was really repentant, why does he need three-quarters of a million to live on before he pays off his debts. And that silly divorcee? As much as I hate stupid lawsuits and such, in this case I hope the lawyers get it all and both her and her husband end up working at Walmart as greeters.
Next thing you know, some executive will be expecting to be paid a big reward for running his company into the ground -- oops, that's right, it's happening too.
