Friday, April 06, 2007

Things I've Learned

Here it is just 8am, and already I've learned so much:
1. Another person within the ethically-challenged Bush administration is in trouble. NY Times:

A senior official at the federal Education Department sold more than $100,000 in shares in a student loan company even as he was helping oversee lenders in the federal student loan program.

The official, Matteo Fontana, now general manager in a unit of the Office of Federal Student Aid, was identified yesterday from government documents as a stakeholder in the parent company of Student Loan Xpress who sold shares in 2003....

2. The love fest between Geraldo Rivera and Bill O'Reilly is over. O'Reilly hates immigrants. See Raw Story.

3. Despite the fact that the Ford Motor Company is losing money, their CEO made $28 million for only working for four months. CNN: Struggling Ford Motor Co., which posted a record $12.7 billion net loss in 2006, gave its new CEO Alan Mulally $28 million for four months on the job, according to the company's proxy statement filed with the Securities and Exchange Commission Thursday....

Shouldn't the salary of the CEO be tied to the success or failure of the company? How can this man accept this money knowing full well that he did not do a good job?

4. Climate experts are concerned about climate change (but Sen. Inhofe won't believe it!). MSNBC: Top climate experts warned Friday that global warming will cause faster and wider damage than previously forecast, ranging from hunger in Africa and Asia to extinctions and rising ocean levels....

5. The people at the New York Sun are so funny!!!! They've suggested that Vice President Dick Cheney should run for President in 2008 (see Raw Story). Is this a late April Fool's day joke?