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I live in the greater Corning/Painted Post area of Upstate New York. The city of Corning has a population of maybe 12,000 at most. When factoring in its multitude of little burbs, the population is said to be about 35,000. Corning Inc. is the major employer of quality jobs in this valley. A couple of years ago Corning Inc., at its manufacturing height, employed 8,200 locals. However, those halcyon days are long gone since the telecom bubble burst and Corning (company and town) got slimed in the process. Several thousand locals have since been laid off/fired.
To add insult to our local economic injury, the CEO, John Loose, “retired” this April with a sackful of goodies. Mr. Loose had been with the company for over three decades, but he was CEO a mere sixteen months when he suddenly decided he needed to spend more time with his family. When Mr. Loose left, Jamie Houghton came out of his retirement to assume the reigns once again of the company his family had, at one time, controlled. Mr. Loose was frolicking in Europe when this was announced.
As CEO retirement packages go, Mr. Loose’s might be considered almost paltry. But in this community, where people, who had worked their entire lives, were being summarily dumped with no viable employment prospects awaiting them, the news of a $6Million cash payment, plus an annual lifetime pension of nearly $1Million, is obscene.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?