Wag the Dog
Why does a dog wag its tail?
Because a dog is smarter than its tail.
If the tail was smarter, the tail would wag the dog!
An old joke that applys to today.
Give Me a Piece of This Action.
By Bryan Maersch
Tuesday, Jul 1 2008, 04:20 PM
Consider this ….
In a time when people are struggling to keep their houses, pay for increasing gas prices, food prices, and virtually the cost of everything, while praying that their business or employer does not go belly up due to the increases in all of the above.
Milwaukee Area Technical College President Darnell Cole will get a 5.2% increase in his total compensation package and a two-year contract extension under a plan which the MATC board of directors passed on Monday.
Under this plan set forth by the "we can always spend more" MATC Board, Cole will take home $223,675 in base salary, plus a retirement supplement, travel allowance and stipend that bring his total pay to $259,131, starting June 30, 2008.
This little surprise package comes a mere week after MATC approved a 4.9% increase in its property tax levy, mostly to cover all the added salaries and benefits.
With three members absent for the vote, the only dissenting vote was Board member Rep. Pedro Colón (D-Milwaukee) who questioned the president’s long-term commitment due to Cole’s application and finalist position, for the top job at Lansing Community College in Michigan this year.
Some of Cole’s extra benefits he will be seeing is his retirement supplement bumps up 6.7%, to $16,000, reflecting two consecutive 3.25% increases because the due to lags in adjustments since 2006 which Cole can use the supplement to contribute to his personal retirement plan, this is above and beyond the state retirement system retirement plan he is eligible for.
Cole’s annual travel allowance gets bumped up 44%, to about $15,500 to cover Cole’s car mileage and maintenance within the district.
WOW – Show me where I can sign up to get that kind of job, especially in times like these where employers like Midwest Airlines are asking their pilots to take a 45 to 65% pay cut and we will be getting the "best care in the air" from flight attendants that will be making just above the Wisconsin minimum wage of $6.50 an hour.
