This from someone who, according to Forbes magazine, received benefits worth some $417 million when he retired in 2001, “by far ... the largest severance package paid to any American CEO in the last decade,” and $100 million more than his next-closest competitor.
Following the comment, Welch launched into a story about meeting a friend in Nantucket the previous weekend, which would indicate he’s not ready to put an application in to the Salem Housing Authority for subsidized digs just yet.
Appearing on one of the Sunday talk shows last weekend, Gov. Deval Patrick defended Obama’s economic policies, stating that the “trickle-down” theories espoused by the Republicans “have been shown to fail.”
Asked to comment on Democrats’ coziness with the union movement in light of the teachers’ strike in Chicago then still ongoing, Patrick had nothing but praise for the Bay State unions (MTA and AFT), observing “they were right there with us” in the effort to reform the educational system.
Nelson Benton spent 40 years covering politics on the North Shore before retiring from The Salem News this summer. Contact him at firstname.lastname@example.org. Follow him daily on Twitter (@nelsonbenton).