Archive for June, 2009

CEO Greed

The Seattle Times published an article today on executive pay: still more evidence of the stunning extent of corporate greed in America. In 1980, CEO compensation was about 40 times the average employee’s wage. By 2007, CEOs raked in 370 times more than their typical worker. WAMU chief, Kerry Killinger, collected $32.5 million in 2006-07 while he orchestrated the largest bank failure in U.S. history. But that’s peanuts compared to the $270 million CEO Richard Fuld collected in the five years prior to Lehman Brothers’ demise. Executive incentives are totally screwed up: corporate boards structure packages so the CEOs collect big bucks no matter how the company performs. Maybe it would help if the government taxed these exorbitant salaries and bonuses at some ridiculously high rate: maybe 90%.

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First Day of Summer–Brrrrrr!!!

As we headed out to the gym this morning the outdoor temperature read 48 degrees. What bizarre weather!

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In a Groove – 85 at Mt. Si

After Wednesday’s two-over par 38 I couldn’t wait, of course, to get back out on the links. In spite of the light drizzle and occasional showers I headed to Mt. Si for an early afternoon round. I didn’t strike the ball as well as Wednesday, especially off the tee, but my short game was very solid and I recorded a consistent 42-43 for an 85, one of my best rounds ever from the blue tees. A missed three-foot birdie putt and an eight on hole number 16 kept me from a potential best-ever round.

Those showers, btw, ended the record-tying twenty-nine consecutive rainless days. We got a real drenching in the early evening and the plants and trees are looking revived already.

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Still No Rain

 

It’s official: it’s the driest spring in Seattle history with 29 straight days without rain equaling the 1982 record. We don’t usually have this kind of parched stretch until July-August. It’s been nice but hard to keep all our plants happy.

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Whew! Two-Over Par

After work I stopped at Mt. Si to practice on the driving range but it was such a nice, mild day and there weren’t many folks on the course so I headed out for a quick nine holes. After an uneventful bogey on the first hole I went par-birdie-par over the next three. I got lucky on a few errant shots like the mishit 7-iron on number six that bounced off a tree back into the fairway instead of heading into the woods. From there, I hit a superb sand wedge from forty yards to within eighteen inches of the hole and a tap-in par. Then there was an impressive 290 yard drive on number 9 leading to an easy par there. So I finished with a 38, my second lowest nine-hole score ever.

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Guns and Burgers

I heard today (The News Hour, June 16th) that there are more retail guns stores in the U.S. than there are McDonald’s restaurants in the world. What a bizarre culture we live in where it’s easier to buy AK-47s than quarter pounders and fries.

And thanks to recent federal legislation it will be legal to carry all those munitions in national parks.

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Gold Mountain Golf

I had one of my best golf days ever at the very challenging Gold Mountain Olympic course (124 slope rating). On a scrumptious late spring day, I started off poorly, going eight over par on the first three holes. After that, though, I carded a birdie and six pars (five in a row near the end of the round), finishing the second nine in five-over par 41 and a very satisfying 88 total.

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