This one is for you, crandc. I suppose this is the evil and bigoted GOP's fault as well? She worked for 4 years in the role, was incompentent and "illegally" fired by the BART board, and she walks away with almost $1 million in severance pay. You keep blaming the GOP for the Bay Area's problems, crandc. Rational people can see who is to blame for you homeless problems and escalating violence.
Merely government mimicking the private sector's M.O. of golden parachutes for all failed executives. A "conservative" invention for sure.
Going to agree with Maris here, how is this any worse than the private sector's hiring practices? Heck the private sector trashed our economy and gave the guys who did it massive bonuses, most of them didn't have to resign or even get fired...
She is being paid by taxpayer dollars paid by the "private sector". A CEO is paid out with stock options or money that comes at the expense of stockholders. They still have to pay taxes for people like the BART manager, but without opting into the "company". Some of you don't have any clue about things, and Klingy seems to be the leader. I find this to be a constant theme with Democrats these days. What do they teach in schools?
So what is your suggestion? We switch to a private sector system that is so much less corrupt? I thought your point was "look how stupid the government is wasting our money" as though the private sector is more efficient, which in many cases it's not. Also when a CEO or executive fucks up and tanks the company or the economy many peoples' retirement funds go down the drain and/or taxpayer money gets dolled out in a bailout... Yet the CEO or executive usually pockets a considerable chunk of change for their disservice.
My suggestion is that you don't know what the fuck you were talking about by comparing a private CEO's severance compared to a public GM's severance. Actually, it's my opinion. You don't know what the fuck you're talking about. You're comparing apples to oranges. Plus, the private sector employee is dumb if they put all of their retirement into one stock. Of course, the public leeches don't need to worry about that, since no matter how incompetent they are, their full retirement is guaranteed, regardless of the expense to the private employee.
In reality, the private sector practice of golden parachutes for incompetent performers is paid for by taxpayers through the myriad of tax loopholes and exclusions that have been created since 1980. Before Reagan upset the taxpayer apple cart, shifting the burden off the richest and onto the poorest, off the corporations and onto the kool-aid stands, this kind of blatant collusion and conspiracy was practically unheard of. Now that corporations are awash in massive profits and have been for decades, it's the rule.
He knows exactly what he's talking about. And assuming you want competent people working in government then government agencies have to offer a comparable retirement/severance package to the ones offered in the private sector, or hire incompetent people instead.
Odd then that the private sector falls all over itself to hire away government workers every chance it gets.
What, are you talking about politically connected power brokers who can use their political connections for the private sector companies to get tax and government contract advantages? gee, i guess you're right then.
No, regular stiffs. My government experience has been cited as a strong hiring incentive by the companies that employed me after I left. It's an indication of dedication, education, honesty, grounded personal life, creativity, and leadership.
