$440,000 is a Drop in the Bucket
Four out the of the ten Bloggers that I read on a regular basis wrote a Blog today about American International Group’s (AIG) top executives going to the St. Regis Resort in Monarch Beach, California. The executives racked up a $440,000 bill in one week. This comes shortly after the US Government bailed the Company out, to the tune of $85 Billion.
When I first read the story last night on CNN.com, I was appalled. But then I got to thinking, which is a dangerous thing for me to do.
What would I do if the government gave me $85,000,000,000? I would celebrate, of course. This is just human nature.
I never did like celebrating alone so I would have to get 60 or so of my friends to celebrate with me. After all I just got a free ride, so why not share the wealth with others. $440,000 is a drop in the bucket in comparison to $85,000,000,000.
But I wouldn’t have gone to a Spa in California. I’d be on the French Riviera ogling the semi-nude female sunbathers. I’d get high priced Call Girls for my male friends and gigolos for my female friends. Plus I am sure that I am a much better tipper than the AIG crew (Company executives tend to be lousy tippers). The cost of my foray would have probably been more than $1,000,000, which is still a drop in the bucket compared to $85 Billion.
At least the AIG people spent the money in the United States which will help the ailing California Economy.
The Beach Bum
When I first read the story last night on CNN.com, I was appalled. But then I got to thinking, which is a dangerous thing for me to do.
What would I do if the government gave me $85,000,000,000? I would celebrate, of course. This is just human nature.
I never did like celebrating alone so I would have to get 60 or so of my friends to celebrate with me. After all I just got a free ride, so why not share the wealth with others. $440,000 is a drop in the bucket in comparison to $85,000,000,000.
But I wouldn’t have gone to a Spa in California. I’d be on the French Riviera ogling the semi-nude female sunbathers. I’d get high priced Call Girls for my male friends and gigolos for my female friends. Plus I am sure that I am a much better tipper than the AIG crew (Company executives tend to be lousy tippers). The cost of my foray would have probably been more than $1,000,000, which is still a drop in the bucket compared to $85 Billion.At least the AIG people spent the money in the United States which will help the ailing California Economy.
The Beach Bum
Labels: Money, The Economy, Thoughts
posted by The Beach Bum at 10:45:00 AM
6 Comments:
I sincerely hope that I am on your selected friends list for the trip to the Riviera.
However, everyone who knows you well realizes that you wouldn’t be on a flight to France. You have a hard time getting on an airplane for the two hour flight to Maryland.
A good Blog with just a hint of sarcasm!
I'll grant that I'd be inclined to celebrate my good fortune were I an AIG exec whose high-paying job had been saved by the bailout. I might have run around the office and grabbed everyone I could and taken them all to lunch. Or cocktails, depending on the time of day. Maybe both.
But I'd have reached into my own pocket for the tab.
I've seen an update on this story since I posted about it that claims this was a long-planned prize for top producing sellers -- spending money on people who've made the company money -- and not a celebration of the bailout. I don't know if I believe it.
But I did buy it either way, didn't I?
Uncle Mikie –
I don’t recall making any mention of flying to France! I was planning to get there on a luxury liner.
Curmudgeon –
I read the same thing about the pre bailout planning of the Spa visit. I believe it. But if I were an AIG Exec, I would have canceled it until a time when it was less in the limelight.
When I owned a business, years ago, I had at least one party a year for my employees and good customers. I never used company funds, it all came out of my pocket.
The Beach Bum
oakley sunglasses, louis vuitton outlet, gucci outlet, michael kors outlet, louis vuitton outlet stores, burberry outlet, coach factory outlet, air max, oakley sunglasses cheap, michael kors outlet, tiffany and co, michael kors outlet, coach outlet, polo ralph lauren outlet, louis vuitton outlet, ray ban sunglasses, louboutin, prada handbags, true religion jeans, polo ralph lauren outlet, christian louboutin shoes, ray ban sunglasses, nike free, air max, longchamp outlet, louis vuitton handbags, michael kors outlet, michael kors outlet, prada outlet, michael kors outlet, louboutin, longchamp handbags, burberry outlet, jordan shoes, kate spade outlet, coach outlet store online, coach purses, nike shoes, oakley sunglasses, louis vuitton, louboutin outlet, true religion jeans, chanel handbags, kate spade handbags, tory burch outlet, longchamp handbags, tiffany and co
ghd, canada goose, beats by dre, uggs outlet, herve leger, mac cosmetics, ferragamo shoes, ugg pas cher, longchamp, canada goose outlet, bottega veneta, insanity workout, ugg, celine handbags, mcm handbags, valentino shoes, wedding dresses, canada goose jackets, reebok outlet, soccer jerseys, marc jacobs, mont blanc, ugg boots, hollister, uggs outlet, canada goose, instyler, canada goose, nfl jerseys, jimmy choo outlet, new balance shoes, p90x, north face jackets, north face outlet, chi flat iron, abercrombie and fitch, birkin bag, ugg boots, babyliss pro, nike roshe run, ugg boots, soccer shoes, rolex watches, lululemon outlet, asics running shoes, giuseppe zanotti, ugg australia, vans shoes
canada goose, thomas sabo, canada goose uk, hollister clothing store, pandora charms, parajumpers, juicy couture outlet, canada goose, pandora charms, juicy couture outlet, iphone 6 cases, hollister, toms shoes, moncler, timberland boots, rolex watches, moncler, karen millen, moncler, hollister, vans, louis vuitton, moncler, coach outlet store online, wedding dresses, supra shoes, moncler, converse, links of london, ugg, moncler, montre homme, gucci, converse shoes, swarovski crystal, air max, oakley, air max, ralph lauren, louboutin, swarovski, ugg, moncler outlet, ray ban, lancel, pandora jewelry, baseball bats
Post a Comment
<< Home