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Essay / Research Paper Abstract
A 10 page paper discussing whether astronomical executive salaries can be justified. Gleefully continued by the Democrats, this latest round of mad government spending was begun by President Bush and his Treasury secretary, Henry Paulson. The issue has moved far beyond party lines and now has become a matter of survival for America. The point of discussion here is executive compensation, particularly in the era of the bailout mentality. The paper uses AIG bonuses and blatant government lies for its examples. Bibliography lists 12 sources.
Page Count:
10 pages (~225 words per page)
File: CJ6_KSpolExePay.doc
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Unformatted sample text from the term paper:
in Washington, as people who we voters believed knew better keep telling us that we have no choice but to spend ourselves into oblivion. Gleefully continued by the Democrats,
this latest round was begun by President Bush and his Treasury secretary, Henry Paulson. The issue has moved far beyond party lines and now has become a matter of
survival for America. The point of discussion here is executive compensation, particularly in the era of the bailout mentality. Debt and Risk
There is a gnawing knowing among many Americans that Americas fortunes have been irrevocably changed, that not only will our soon-to-be-bankrupt government essentially will be emasculated on the world stage,
but that America as the financial standard for so much of international business also has come to an end. The US government behaves as though it has no knowledge
of the first rule of holes: when in one, quit digging! Democrat or Republican, it makes no difference. With few exceptions, it appears as though Washington is filled
with very nearly 535 "little Caesars" (members of the House and Senate) intent on building their own fortunes without regard for the good of the country. The interest alone
on current national debt by 2018 will be two-thirds of current income, which will mean that the US will have to operate on one-third of what currently requires more than
100 percent of current income... As other economies - most notably China - progress, the US will be in decline, a situation that certainly will change conditions for Americas
multinational organizations. Political risk is high and rising, and it can be expected to increase at faster rates as the US diminishes in
...