Ned Pepper's Outrages

Sunday, March 27, 2011

The Latest from the Sneering Plutocracy: Borders

Comes word from Ned's usually reliable sources that Borders Group, the bookstore chain in bankruptcy proceedings, has asked a bankruptcy judge to approve, and we are not making this up, $8.3 million in bonuses, not salary--bonuses, for a number of what the supplicants call "critical" employees. The plea says that these employees are invaluable and their loss would be a devastating blow to the company. Now, this is a group of Sneering Plutocrats who ran a company into the ground, filed for bankruptcy, and now have the unmitigated gall to demand a bonus for their efforts! Ned's entire body shudders at the gargantuan sums these people would demand if the firm was still viable, not to mention making a profit! But that is ever the way of the Sneering Plutocracy: if our firm makes money, we deserve millions in bonuses. If our firm loses money or goes bust, hey, how could it be our fault? Besides, the company can't do without us and if we don't get what we demand, why, we may leave!
Ned is reminded of the immortal question asked of Senator McCarthy in his "hearings" to weed out communists: "Have you no shame sir? Have you no shame at all?"

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