Wednesday, November 19, 2008

Heart of Gold

How nice to glance at the front page of Monday's Wall Street Journal and learn that the top execs of at least one financial institution are taking the high road, and at their own cost. Yes, the seven top officers of Goldman Sachs are forgoing their annual multi-million dollar bonuses this year. Other investment firms, please take note.

It's more than a grand gesture--it's a small readjustment of the playing field. The millions that those executives are not squirreling away in their own private bank accounts will show up in other places, not just in money that is available, but in money that is not being drained from the economy. Okay, I'll say it--it's a spreading of the wealth, which the country needs, given the increasing gap between the haves and have-nots.

But don't discount the gesture. It also means that the plutocrats are aware that there are other people in the world, people not as--literally--fortunate as they are, people whose pain should be respected and, as much as possible, alleviated. We're all in this together, guys.

And while I'm on the subject, I want to report that Husband was given a commendation and a cute little lapel pin for being one of the top contributors to the office charity drive this year. We're doing our part too.

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