about me

Kevin Bussey (aka k-dawg)
Lead Pastor
Charlotte, NC, USA

Samford University: B.S. Public Administration, 1985
University of Alabama at Birmingham: M.A. Education, 1988

Southwestern Baptist Theological Seminary: MDivBL, 1995

Married to:
Cassandra (6-25-88)


quote of the week

"Pastor I don't like your plans" Bisagno, "what are your plans." man, "I don't have any." Bisagno, "I like my plans better than yours." .

Dr. John R. Bisagno:

blogs i read

marty duren
joe kennedy
art rogers
stuart delony
wade burleson
kiki cherry
david phillips
dorcas hawker
arkansas rasorbaptist
cb scott
ben cole
tim sweatman
jason sampler
mark mansheim
adam feldman
scott freeman
wes kenny
alan cross
john stickley
bowden mcelroy
c w
jamie wootten
nate goodwin
paul littleton
jeff richard young
J. A. Gillmartin
villa rica
phillips lynn
micah fries
preachin jesus
morris chapman
tim sweetman
kevin lancaster
jeremy roberts
al mohler
ronnie floyd
david rogers
sbc bloggers
greg pouncey
jason burns
howie luvzus
gary lamb
angela davis
neil elmore
jason shepherd
monday morning insight
wayne cordeiro
Southern Baptist Blog Aggregator

favorite links

my parents ministry
starbucks gossip
the ooze
willowcreek association
purpose driven
northpoint community church
springs church
albert pujols
shaun alexander
john maxwell
element 2
dale jarrett
bama magazine
bible gateway
biblical studies foundation

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listening [to]

building 429: rise

chris tomlin: live from austin music hall

various: music inspired by the chronicles of narnia

fusebox: once again

passion: How Great Is Our God

storyside:b : everything and more

delirious?: the mission bell

hillsong united: look to you


Tuesday, January 31, 2006

How much is too much?

I am all for capitalism! I want everyone who goes into a reputable business to make as much money as they can. Everyone! But my question is:
How much is too much?
Today, Wallace D. Malone, Jr., Vice Chairman and a director of the Wachovia Corporation (formerly the CEO of Southtrust in Birmingham, AL) is retiring @ 69. Having lived in Alabama, Southtrust is a strong bank and from what I've heard Mr. Wallace deserves to make a good living because he worked hard, plus he is a UA grad! Wachovia is paying Malone $6.67 million up front. He will retain the automobile owned by Wachovia that he is using at the time of his retirement, valued at approximately $58,500. Mr. Malone will be provided with office space and administrative support for a period of five years. ($200,000 value). He will receive defered compensation of $34.61 million in stocks. $1.66 million will be paid in retirement. In addition, lump sum payments aggregating $33.88 million are payable to Mr. Malone following his retirement. On top of this he will receive an annual retirement benefit (subject to earnings adjustments) in the amount of approximately $10,545 for a period of ten years. Plus they are paying him a non-compete for 3 years. Maybe he deserves all of this money. I just wonder about those employees who have worked for 30-40 years @ Southtrust- what will they receive? A watch? I don't know the answer to "how much is too much". I just see people hurting everyday and wonder "how much is too much?" With Enron, MCI, TYCO and other scandals, you wonder why the public is so sceptical of CEO's and major corporations. I believe in the trickle down theory of Regan. But, when does it trickle down to the those who work hard everyday. I know people who work years and give loyalty to a company to be tossed aside by the greed of stockholders and CEO's. Can they not live say on $5 million! Look, if Mr. Malone doesn't have a local church, I invite him to send his tithe to my church. My friend Jason could use the money for his start-up church. There are millions of people in Africa dying of AIDS. He is probably a very generous man. I'm sure he gives a lot of his money away. I don't fault him for making all of the money he can. But, "how much is too much?" I realize I'm saying this as a man who is lucky to have a savings account. I don't want to be rich. I just wish we could see our country be more balanced financially. Happy retirement! I pray God will use you to make a difference in the world.

posted by Kevin Bussey at 1/31/2006 09:08:00 AM


Blogger art rogers said...

I don't know how much too much is, either. When I look at the outlandishly rich, I think that I certainly don't have too much. I mean, we have a modest home and two cars, but we struggle beyond that. We don't have college savings for the kids, yet we are rapidly approaching that need as my son wraps up 6th grade here.

Then I look at the desperately poor, and think my life is all but opulant.

I'm a capitalist, too. I know that I worked hard for what I do have. I also know that I had priveliges in education and a home in a safe, stable neighborhood. Yet, those were also provided by hard working parents. Our benefits have come from a legacy of hard work.

Where, though, do we say that those without need a break. Someone to give them a leg up and teach them to work hard and acheive much so that they can begin their own legacy.

All I know about the Wachovia deal is that if I were a stock holder, and I am not, I would be hard pressed to believe that this gentleman did so much good for me that he earned that much money.

1/31/2006 12:03:00 PM  

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get to know me

article in local paper
i am recovering pharisee
origin of k-dawg

Reading Now

The Cure for the Common Life
by Max Lucado

Recent Reads

The Creative Leader: Unleashing the Power of Your Creative Potential
by Ed Young Jr.

Your Spritual Gifts Can Help Your Church Grow
by C. Peter Wagner

Why Men Hate Going to Church
by David Murrow

Advanced Strategic Planning: A New Model for Church and Ministry Leaders
by Aubrey Malphurs

must reads

The Next Generation Leader: Five Essentials for Those Who Will Shape the Future
by Andy Stanley

Choosing to Cheat : Who Wins When Family and Work Collide?
by Andy Stanley

The Best Question Ever
by Andy Stanley

Radical Reformission, The: Reaching Out without Selling Out
by Mark Driscoll

A New Kind of Christian: A Tale of Two Friends on a Spiritual Journey
by Brian McLaren

The Story We Find Ourselves In: Further Adventures of a New Kind of Christian by Brian McLaren

Too Busy Not to Pray: Slowing Down to Be With God
by Bill Hybels

A Passionate Church
by Mike Breen and Walt Kallenstad

A Passionate Life
by Mike Breen and Walt Kallenstad

Blue Like Jazz: Nonreligious Thoughts on Christian Spirituality
by Donald Miller

Searching for God Knows What
by Donald Miller

Spiritual Leadership: Moving People to God's Agenda
by Henry Blackaby, Richard Blackaby

previous posts

What's your mission?
Encouraging News.............
The origin of K-dawg
What Disney can teach the church......
I remember where I was............
Happy Anniversary to........
Beam it out Scotty!
Early Christmas ideas.... 4 me!
My Map Quest!
I'm torn................

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