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Taxpayers unwittingly fund excess

By Courtney Howard
Posted by Courtney E. Howard

How very nice of us, hard-working American taxpayers, to treat AIG officials (like Martin Sullivan to the right, who continues to pull a million-dollar salary as a consultant to AIG) to a week-long spa retreat. Oh, I am sure they needed and deserved it, right? Indeed. And how moral and ethical of AIG bigwigs to treat themselves to a $5 million bonus and $20 million golden parachute on the backs of hard-working Americans. I am disgusted -- nay, repulsed -- that greed continues to be rewarded at a time when middle-class and working-class folks, such as Addie Polk (a 90-year-old Ohio woman who attempted suicide when her house was foreclosed upon), are stressing and distraught over how they will survive in the days and months to come. If anyone deserves an all-expenses-paid, money-is-no-object spa retreat it is us on "Main Street," who continue to make sacrifice after sacrifice in our own lives in the name of survival.

As much as I want to continue to slam and damn those benefiting from recent bailouts -- after all, more than enough ammunition exists -- I would rather spend my time and energy in celebration of us: the majority of the nation who give up nights and weekends without complaint in support of our industry, the end users we serve, and the American Dream. My hat is off to you all.

I do, however, want to play a bit of the devil's advocate and note that European government officials readily admit that they serve the will of the people; for, if they do not, the community will band together and rally in the streets to have their voices heard. Perhaps we need to band together and remind our public servants of their duty -- we do pay their salaries, after all.

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The Aerospace & Defense Bloggers

John Keller is editor-in-chief of Military & Aerospace Electronics magazine, which provides extensive coverage and analysis of enabling electronic and optoelectronic technologies in military, space, and commercial aviation applications. A member of the Military & Aerospace Electronics staff since the magazine's founding in 1989, Mr. Keller took over as chief editor in 1995.

Ernesto Burden is the publisher of PennWell’s Aerospace & Defense Media Group, including Military & Aerospace Electronics, Avionics Intelligence and Avionics Europe.  He’s a father of four, a runner, and an avid digital media enthusiast with a deep background in the intersection of media publishing, digital technology, and social media. He can be reached at ernestob@pennwell.com and on Twitter @aero_ernesto.

Courtney E. Howard, as executive editor, enjoys writing about all things electronics and avionics in PennWell’s burgeoning Aerospace and Defense Group, which encompasses Military & Aerospace Electronics, Avionics Intelligence, the Avionics Europe conference, and much more. She’s also a self-proclaimed social-media maven, mil-aero nerd, and avid avionics geek. Connect with Courtney at Courtney@Pennwell.com, @coho on Twitter, and on LinkedIn.

Mil & Aero Magazine

April 2013
Volume 24, Issue 4
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