The ex-president (that’s right ex, former, past) of York University, Lorna Marsden, earned just under $395,000 from the university last year. Please understand that wasn’t while she was president, but in her “job” as ex-president. She earned $410,000 in the same capacity the year before. She was a President Emerita (what they call ex’s). Well, it’s the business model. These are tough times. A third of a million bucks is well worth it when you remember how faculty and staff had to be put in their place and stop whining about supporting their families on, well, rather less. They aren’t ex-presidents are they?
It’s not that I have any problem with people enjoying the material goods of life. It’s the inequity and the hypocrisy that bothers me. For example, the executives of U.S. financial institutions got big bonuses despite screwing with and up the world economy. If they had to be bailed out by the public purse, why do they get rewarded and the public punished by job losses and straitened public institutions?
Their discourse comes out of both sides of the mouth, touting the free market but begging from the public purse when the market fails them. That is twisted. It isn’t right. And I don’t understand why that can’t be changed. Why do we accept lies when we want our kids to be truthful?