bialecki, his boss, the mayor, the entire 13 member city council and oh ya, one mr. samuel tyler ought to excoriated if not lose their jobs for this fiscal tax giveaway. dot joyce and bialecki are nothing but liars about this tax fraud played on the people. the only people who had the cohones and speak out against said tax giveaway were shirley kressel and the 2 person undemanned and underfunded boston fin-com. oh ya, at least one city council member had the stones to say that while he voted for the giveaway, he felt coerced in doing so. that one person was arroyo jr. the globe and it's editorial and feature writers took as usual the vows of silence. don'y wanna upset the ol applecart ya know. ma

It is extremely considerate of Liberty Mutual to raise the rates on its customers and have the taxpayers subsidize the company through tax breaks so that it is able to fairly compensate its greedy, money grubbing CEO - after all, it is very difficult to live on $50 million a year in these hard economic times.

To me it isn't the Tax givaway that is as much of the problem, if it kept jobs or created more it may have been appropriate. However the greed of top execs is out of control. The whole system is broken with the Board of Directors making decisions on compensation for one another.Finally the Globe is not bashing the top State employees who make over $100.000, like Kelly did, but are looking at the true problem. If we continue in this direction with company bosses making thousands of times what working people are making we are going to have a revolution. Perks based on profit hurts the workers, the best way to increase profit is lower costs (cut wages or jobs).

Greg Bialecki was shocked, SHOCKED at Kelly's $50 million salary? Right, because when he was falsifying Liberty Mutual's tax-break application (pumping up the "job creation" number from 600 over 30 years to 750, wow another 7.5 hires a year at a 2500-person office, and still far less than LM was hiring before the tax break) so he could give the company even more money than his own guidelines allowed, Kelly's salary had been reported all over the newspapers as only $27 million (http://www.boston.com/business/articles/2006/06/14/insurance_firm_chief_gets_27m_in_2005/. And gosh, who can make ends meet on $27 million? But Bialecki, that great public servant, still thinks it was the right thing to do for us, because the company decided to "expand its headquarters" (but it did not expand its workforce, just move them all into a new tower, which it could afford to build just from household pin money, not even needing to get a construction loan), and to "create hundreds of jobs" (that is, to hire twenty people a year, see above). We can be sure the company will "meet its job commitment" -- it prudently committed to hiring 75% FEWER people than it did before. And Bialecki knew that, because the application said so. I'd ask for Bialecki to be fired -- be he was only doing what his boss told him to. His boss, Deval Patrick, who, when he was first running for governor, told the Globe that he didn't believe in corporate tax breaks as incentives, that companies don't make decisions based on subsidies, and that a business that relies on tax breaks is going out of business. Deval Patrick's gravy train began running when he took office and hasn't stopped. But since no one understands all these tricks, here he is, elected again. Dot Joyce is lying about the company's threats to move its jobs to Dover, NH. Liberty Mutual testified in public to the City Council that it never considered leaving Boston. And it would certainly not have built a glitzy 300' tower, its centennial monument to itself, in the hamlet of Dover, NH. Not only is that a silly idea, but she knew that Liberty had been quietly buying up property around the site for years, and had been sitting quietly on the "Citizens Advisory Group" for two years making sure it got the zoning finagle it needed to built at triple the legal zoning height (not that this is so hard to get around here, with the BRA running the place). The plan was always to move all its employees into the glorious tower, and rent out the other, ordinary-mortal buildings for nice fat profits -- those buildings it bought were already tax-exempt for being "blighted." As to the jobs -- only 20% of the Liberty Mutual employees at this office are Boston residents, so As to the construction jobs: The latest report shows that the project is only $230 million, not $300 million (making our $46.5 million subsidy even MORE foolish), reducing the construction work by twenty-five percent,

Here's the link to a petition to revoke the Liberty Mutual subsidies: http://www.green-rainbow.org/liberty_mutual_tower_subsidy_petition Let's get our $46.5 million back and use it for schools, libraries, and T services! And it won't hurt Liberty Mutual a bit. They don't need this money at all. Sign and forward to your friends. TAKE IT BACK!