Thursday, February 12, 2009

The Executives I Believe SHOULD go to jail....

Yes, the headline is correct. Even I believe there are some things executives do that should result in lengthy prison terms. The Peanut Company of America President Stewart Parnell and Sammy Lightsey, manager of the South Georgia plant belong in jail. I'm thinking one life term for every death would be appropriate. My prediction is they will go to jail, the company will go bankrupt, and the employees will become unemployed.

But, the "Porkulus" bill is so flush with funds for the unemployed that when a new owner purchases PCA out of bankruptcy, the new owners will have a difficult time staffing the plant at reasonable wage rates, making it difficult to reopen. Then what will happen to all the South Georgia peanut farmers? More subsidies?

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