Bank pay control, UNBELIEVABLE

Discussion in 'Current Events' started by RetiredGySgt, Oct 22, 2009.

  1. RetiredGySgt
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    RetiredGySgt Platinum Member

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    Fed proposes to police bank pay for 1st time - Yahoo! News

    By what authority does the Federal Government think it has to dictate pay to private institutions? Someone provide me with a link to the clause in the Constitution that permits this.

    This crap is unbelievable. And the left will all harp how it is just the right thing to do.
     
  2. Mr Clean
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    Mr Clean Gold Member

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    I heard yesterday that one of these guys is going to have to take a 50% pay cut. From $38 million all the way down to $19 million.

    I wonder how he'll manage to get by?
     
  3. elvis
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    elvis BANNED Supporting Member

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    That's not the point, Kojak. The point is we have the government running the bank.
     
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  4. ABikerSailor
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    ABikerSailor Platinum Member

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    What authority? When they came begging hat in hand for bailout cash, which they stated they would REPAY.

    When they repay their loans from the government, THEN they can start raking in their fat cash again.

    Until then? Pay the American People back.

    You really are fucking stupid aren't you Retarded Grungy Shithead?
     
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  5. uptownlivin90
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    uptownlivin90 Rebelious Youngin

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    Tell me... please, because I'm really seriously not getting your beef with this one. Where in the constitution does it legitimize paying off banks with billions of dollars of taxpayer money? I'm sorry if you feel like it's unconstitutional, and no I didn't support the bank bailout, but as far as I'm concerned BECAUSE the bank bailout occured we own these banks until we get that money back, and no I don't want tax payer dollars going to paying CEOs millions I want it to go to these banks doing what we paid them to do. Sorry... liberal or conservative the bailout should have never occured, and these crooked banks should have gone under water with the rest of us, but we dished out billions to save their asses. I don't like welfare much either, but it's the same concept, when we give out welfare we want people on welfare to work, so we're not just throwing our money away. These banks are on welfare.
     
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  6. Mr Clean
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    Mr Clean Gold Member

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    The government (us folk) bailed them out and now owns their asses.
     
  7. uptownlivin90
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    uptownlivin90 Rebelious Youngin

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    My ass. They ran to US for a hand out. I don't believe in handouts without conditions. To Hell with the banks.
     
  8. Zoom-boing
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    Zoom-boing Gold Member

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    When the banks took the TARP money a year ago did they know that if they took the money there would be strings attached, that the government was going to control pay? Was that part of the deal initially or is this just all coming about now, after the fact?
     
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  9. WillowTree
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    WillowTree Diamond Member

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    Except when we gave them the money there were NO STRINGS ATTACHED. So this was not part of the agreement. Fowl play from chickenshitland again.
     
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  10. uptownlivin90
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    uptownlivin90 Rebelious Youngin

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    Nope, because Bush believes in unregulated welfare for rich people.

    Too bad most sane people don't.

    They shouldn't have gotten the money at all, so it's a moot-point for me.
     

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