KingLou Drops Science 2.0

I've had this argument with several of my friends in the business sector for a long time. Basically that I don't think it's right that big companies splurge on executive perks and bonuses and other things. Especially like when they loan execs money to buy houses then forgive the loans so that the execs basically get a house for free. Things like that, my friends argue, are how companies entice people to get on board with them. "Look at our excess and largess!" they say. Meanwhile they cut benefits for their employees and all sorts of other skullduggery. I am painting with a broad stroke but executive privilege and compensation has been rampant for far too long in my opinion.

I'm not saying there should be NO perks. Just not obscene give-aways. Especially when the company is in the tank and getting a giant bail out. Like AIG....