OpEdNews Op Eds

Life in America Today

By (about the author)     Permalink       (Page 1 of 1 pages)
Related Topic(s): ; ; ; ; ; ; ; ; ; , Add Tags Add to My Group(s)

View Ratings | Rate It

opednews.com

- Advertisement -
So what happens when you mess up big time at a job? Well normally you get fired and then if you were fired with cause and for good reason you are usually not allowed unemployment benefits. Now sometimes even when you don't mess up on a job, well you might still get fired. Then you still don't get unemployment benefits since the company was smart enough to document its actions over a period of time with the proper paper work. We all know that many, working part time who are laid off, don't get much or anything in unemployment benefits.

Such is life in America today. You are only as good as where you are working and if you don't have a job, then you are generally screwed. People live paycheck to paycheck and many just to pay their credit debts.

It is tough to be an American in today's unregulated capitalist paradise.

But not for everyone. You see there are some who do fantastically well even when they mess up big time. These CEOs of some of the largest corporations in the world usually have packages given to them when they are hired, or that they set up when they are about to be fired, that allows them a firing fitting of their prestige and lifestyle. That means big bucks supplied by the saps in their former companies as a going away present.

Take for instance the CEOs of Fannie Mae and Freddie Mac.

"......Specifically, Dan Mudd, the CEO of Fannie Mae, is getting $9.3 million of severance for destroying his company. Richard Syron, the CEO of Freddie Mac, is getting $14.1 million--in part because of a clause he added to his employment contract two months ago, when it was clear the company was headed for disaster....."

Now the good news is that Dan Mudd and Richard Syron are going to do pretty well for themselves. But the bad news is that it isn't just the company that is responsible for their golden parachute but also the American taxpayer is on the hook.

- Advertisement -

So in an unregulated market controlled by corporate power, like the one that exists in the U.S., this is what you have to live with. The owners of this country do quite well for themselves even when they destroy their companies. The credit serfs, the rest of us, have to live in a state of extreme anxiety and worry about what tomorrow may bring.

But as banks fail all around us and a barrel of oil drops by 35% and the price at the pump drops only about 35 cents, you can feel good that this unregulated corporatocracy is working to bring you more of the same. It is the American way.

- Advertisement -

 

I work as a school counselor and mental health counselor in Gallup New Mexico.

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon


Go To Commenting

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact Author Contact Editor View Authors' Articles
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Death Panels Already Exist, They are Called Corporate Health Insurance Bureaucrats

The Most Important Development of the 20th Century: "The Coming of Buddhism to the West"

Whatever Happened to Nazi Synthetic Gas and Oil Technology? Scarcity Scams Examined

Why I Appreciate Atheists

American Southwest Geoglyphs--a Message to Ancient UFO Visitors?

Hannity's Hoaxes: The Uncharitable Scamming of the Gullible

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
2 people are discussing this page, with 2 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)
Rand characterized altruism as the creed of unearn... by Ishmael1 on Friday, Sep 12, 2008 at 4:09:11 PM
Rand philosophy has been utilized by the think tan... by Grant Lawrence on Friday, Sep 12, 2008 at 7:51:55 PM