The year-end bonuses are coming in fat and heavy this year - the 6th year of the most corporate friendly administration since records have been kept.
Over at Goldman-Sachs, the holidays will be replete with gold and and diamonds. Bonuses there are averaging $600,000 and the highest paid performers will see as much as $100 million extra in their check before Father Time flips us into 2007.
$100 million.
Can you imagine what that looks like in a savings or checking account?
$100,000,000.
The price of a gallon of milk doesn't really matter much anymore.
There's other financial news out today too.
Foreclosures (video link) are coming fast and furious.
One million families lost their homes to foreclosure this year. It's the highest number this nation has ever seen.
Meanwhile, executives at Goldman-Sachs are getting bonuses of one hundred million dollars
The numbers of foreclosures in the US are rising at record rates. So are the bonuses given in corporate America.
The average year-end bonus at Goldman-Sachs is $600,000 this year.
The foreclosure rate in Georgia this year is 1:500 homes.
Some at Goldman-Sachs are getting a bonus of $100 MILLION dollars this year.
And 1 million families were foreclosed out of their homes this year.
Welcome to Bushco, formally known as the United States.