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This is What’s Wrong With the Country…

September 9, 2008

I’m all for rewarding achievement. What I am absolutely against is rewarding failure, which is a habit this country seems to have taken to with a fervor in recent years, whether in the form of Bush honoring failed appointees with the ridiculous “Medal of Freedom”, or in the form of golden parachute payouts to CEOs who leave their companies crippled and broken.

And here it is happening again, with the deprivatization of Fannie and Freddie.

Seriously, why aren’t these guys fired and sent packing with (at most) the same severance that would be offered to your average employee?

It’s a broken system that rewards the uppermost ranks of a company or government for what amounts to complete failure.

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