Prophetic Post?

I hate to be a know-it-all, but back in July, I posted "Why Robots Are Better Employees Than Humans" and I prattled on about Citicorp, one of the many evil empires who gleefully accepted some of the free cash that was being liberally strewn about for the poor banks and corporations who were really hurting for funds.  Nevermind that these business were suffering due to poor management; don't confuse the issue with facts.  Citicorp, headed by Vikram Pandit, who also happens to be one of the top ten CEOs who are job killers (http://money.msn.com/investing/ceos-who-became-job-killers-thestreet.aspx?cp-documentid=6834878&GT1=33002) has recently announced that is seeking to trim costs and is considering cutting about 1 percent of its work force or 3,000 (or more) workers.  http://www.timesunion.com/business/article/Citigroup-considers-3-000-job-cuts-2273202.php  Aren't we glad that they got some of our hard-earned tax money in that gigantic bailout that was meant to not only keep the companies afloat but to help them grow and create jobs?  Heaven forbid that Vikram should have to eat anything lesser than lobsters caught near Fourchu and flown fresh to whichever home he happens to be at (depending on the season, of course).

I wonder how many other companies who received bailout money have been or are planning on getting rid of employees ostensibly in the interest of cutting costs.  And in the wake of the Fannie-Freddie scandal where millions have been paid out in bonuses so these companies can retain "talent," my question is:  Why do these big-wigs not have to earn their millions in salary and bonus BEFORE the salary and bonuses are paid?  Why do they not have to save the companies prior to getting compensation since that's what they were hired to do?  And if the companies go under, or don't do as well as they should have, why should this "talent" get paid at all?  What does a CEO really do that is so special to warrant earning 6- or 7-figure salaries and bonuses?  I've never seen a CEO or CIO or executive of any kind actually roll up their sleeves and participate in anything except meetings or news releases or, at worst, "sexting" subordinates while they're sitting in their office and arranging to meet for an afternoon tryst.

The Occupy Wall Street protest was inevitable when people who have lost touch with reality and have nothing to lose treat their subordinates like pawns in a terrible game.