Day 149 — Operation Obama

Wall StreetNew game: Operation Obama.

Object: Remove body parts to reduce debt and pay back the taxpayers.

What body parts could President Obama live without? I’ve been giving this a lot of thought, and I’ve come to the conclusion that the body parts should come from Goldman Sachs chief executive Lloyd Blankfein. Obama has got some money, and I think is trying hard to re-direct the course of this country. Maybe we should leave him alone for a while.

Blankfein, on the other hand, took home nearly $54 million in salary, perks, bonuses and other stock awards in 2007. Even if we sold all of his body parts, he’d be rich enough to afford the prosthetic kind.

We could call it Operation Goldmine.

Hey, but let’s not just pick on Blankfein. CEOs at Bank of America, AIG, JP Morgan Chase, Wells Fargo, General Motors, Morgan Stanley and PNC Financial received total compensation packages of more than $10 million in 2007.

I know this may sound like old news, but I think about these scoundrels every month when I have to come up with the money to pay my mortgage and keep up with the minimum payments on my credit card bills.

I think these guys can afford to slum it for a while on President Obama’s salary of $400,000 a year. I know I could. Slashing the salaries of these CEOs is the right thing to do if they are genuinely committed to helping their companies—and employees—survive.

While people survive because they have to, they also deserve a decent retirement and a little respect.


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