Now, I'm just a long-term visitor up here in these parts but I've picked up enough to know that there's plenty of reason to feel pessimistic about the future of Detroit: nothing's stopping the auto-industry blood-letting, white people have fled en masse to Birmingham and the Grosse Points, and unemployment abounds as the city infrastucture crumbles. To that littany you can now add this (courtesy of Sugarpockets): thirty-four city schools are being shut down, and what really gets school-board vice-president Joyce Giles's goat is that upon hearing the news a disgruntled parent (pictured) threw a grape at her in protest. What's a histrionic middling bureaucrat to do? Well, press assault charges of course.
Wednesday, April 4, 2007
Detroit Grape City
Now, I'm just a long-term visitor up here in these parts but I've picked up enough to know that there's plenty of reason to feel pessimistic about the future of Detroit: nothing's stopping the auto-industry blood-letting, white people have fled en masse to Birmingham and the Grosse Points, and unemployment abounds as the city infrastucture crumbles. To that littany you can now add this (courtesy of Sugarpockets): thirty-four city schools are being shut down, and what really gets school-board vice-president Joyce Giles's goat is that upon hearing the news a disgruntled parent (pictured) threw a grape at her in protest. What's a histrionic middling bureaucrat to do? Well, press assault charges of course.
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2 comments:
wtf indeed. what the fuck with ann arbor, one of the most self-righteous liberal enclaves, allowing detroit to rot from within? what the fuck with the auto industry and its relentless pursuit of "profit?" at what cost? hey, how about hiring some decent designers who won't create cars that look like refrigerator boxes when refrigerators were called "ice boxes?" what the fuck?
c'mon now:
The Ford Motor Company paid its new chief executive, Alan R. Mulally, $28.18 million in his first four months on the job, the automaker said in a regulatory filing today.
Mr. Mulally’s compensation included an $18.5 million bonus that Ford, which reported a record $12.7 billion in losses last year, disclosed in September when it hired him from Boeing.
Figures detailed in Ford’s annual proxy statement show that he earned more than three times as much as any other company executive, including the executive chairman, William Clay Ford Jr., who has kept a promise made in 2005 not to accept any new salary, bonus or stock awards until Ford can consistently earn a profit. The second-highest pay, $8.67 million, also was for only a few months’ work; it went to James J. Padilla, who retired as president and chief operating officer in July.
Three executives received bonuses for their roles in reducing manufacturing capacity, cutting costs and achieving other goals as part of Ford’s restructuring plan, known as The Way Forward. The awards were part of a retention program that the company recently abandoned.
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