Re: House votes to clamp limits on bonuses
There are a lot of crooked deals that go on in this country. Capitalism isn't perfect, but the media plays us for fools.
Example: Merril Lynch owns NPC International (a Pizza Hut franchise). Many managers (store, area, regional, and VPs) make profit bonuses because their stores are profitable. Millions of dollars in profit bonuses are handed out to these people for making profit at the store level, area level, regional, and franchise wide. The media does not tell us what these bonuses are for, they just say that Merril Lynch handed out billions in bonuses even though the corporation as a whole is in the red.
Yes, there are many unwarranted bonuses (like the one you mentioned previously), but they are the exception to the rule, but the media and big government advocates want us to think that these things are widespread.
Capitalism isn't perfect, but it's a lot better than a system of stagnation caused by way too much government control.
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