Sour Grapes

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(not updated since Aug 2009)

Results of 2 Nov 2004 General Election (winners in bold; click on office for more detail)

PA State House of Representatives—152nd District
- Ross Schriftman (D)
- Sue Cornell (R-incumbent)
State Attorney General
- Jim Eisenhower (D)
- Marakay Rogers (Green)
- John Ewbank (Libertarian)
- Tom Corbett (R)
State Auditor
- Jack Wagner (D)
- Ben Price (Green)
- Berlie Etzel (Libertarian)
- Joe Peters (R)
State Treasurer
- Max Lampenfeld (Constitution)
- Robert Casey (D)
- Paul Teese (Green)
- Darryl Perry (Libertarian)
- J. Craige Pepper (R)
US House of Representatives—13th District
US Senate
President

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More on AIG bonuses

A few days ago, Nate Silver had a good post over at FiveThirtyEight on this subject:

Just think about some of the implications of this [the 90% tax on bonuses passed by the House].

A senior engineer at General Motors, who shepherds the production of a new hybrid vehicle that will turn out to be a best-seller, shouldn't get a bonus for that. Really?

Jamie Dimon at JP Morgan, who has managed his company's assets adeptly and kept it mostly off the taxpayer's dole, is no more deserving of a bonus than an AIG crook. Really?

An mid-level investment banker at Morgan Stanley, who works her butt off to persuade her bosses to facilitate a deal for a new wind-power company that turns out to be a big economic and environmental winner, should have her incentive compensation taxed at 90%. Really?

An administrative assistant at PNC, who is volunteering to work 70-hour weeks because of cutbacks in the company's staff, deserves a Christmas Bonus -- unless her husband happens to be a lawyer earning $250,000 per year, in which case it should be taken away. Really?

Original post by Namenlosen Trinker at 3/26/2009 09:07:00 AM Eastern time :: 0 comment(s) ::

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