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They can just as easily find high paying positions in other industries to fuck up.
At the end of the day... this is all just so much penis envy. Let's put it in perspective... the crowd in washington has bankrupted your pension, Amtrak, the Post Office, Medicare, Medicaid, Fannie Mae, Freddie Mac and the nation as a whole is broke. And they are proposing MORE spending.
Where's the talk obout this incompetency? This has nothing to do with principal and everything to do with making you feel like the field is being evened... which it is not.
They can just as easily find high paying positions in other industries to fuck up.
Imbecile comment of the day.
THANKS!!!
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?
That's not the point, Kojak. The point is we have the government running the bank.
Its seems that the consensus of the mob is that because the government, with taxpayer dollars, lent the money to these banks, the government has the authority to tell these banks how to run its business.
So how about in cases where the government gives money to people? Don't we have "the right" to tell people on welfare how to spend their money that we give them? How many TVs they can own? How much they can spend on clothes?
Where is the line drawn?
If you make too much money the government stops giving it to you.Its seems that the consensus of the mob is that because the government, with taxpayer dollars, lent the money to these banks, the government has the authority to tell these banks how to run its business.
So how about in cases where the government gives money to people? Don't we have "the right" to tell people on welfare how to spend their money that we give them? How many TVs they can own? How much they can spend on clothes?
Where is the line drawn?
If you make too much money the government stops giving it to you.Its seems that the consensus of the mob is that because the government, with taxpayer dollars, lent the money to these banks, the government has the authority to tell these banks how to run its business.
So how about in cases where the government gives money to people? Don't we have "the right" to tell people on welfare how to spend their money that we give them? How many TVs they can own? How much they can spend on clothes?
Where is the line drawn?
If you make too much money the government stops giving it to you.Its seems that the consensus of the mob is that because the government, with taxpayer dollars, lent the money to these banks, the government has the authority to tell these banks how to run its business.
So how about in cases where the government gives money to people? Don't we have "the right" to tell people on welfare how to spend their money that we give them? How many TVs they can own? How much they can spend on clothes?
Where is the line drawn?
They already have and do so to keep that taxpayer dollar coming their way.These executives don't have to put up with this shit.
They can just as easily find high paying positions in other industries to fuck up.
If you make too much money the government stops giving it to you.Its seems that the consensus of the mob is that because the government, with taxpayer dollars, lent the money to these banks, the government has the authority to tell these banks how to run its business.
So how about in cases where the government gives money to people? Don't we have "the right" to tell people on welfare how to spend their money that we give them? How many TVs they can own? How much they can spend on clothes?
Where is the line drawn?
Thats totally besides the point. While you are recieving the money, can the government tell you how to spend it, or how to live your life?
That is the point. You don't draw welfare and make millions of dollars. Banks tell small enterprise owners how much they can actually pay themselves. That is the way it works when you live on borrowed money. The creditor gets to keep tabs on your spending.If you make too much money the government stops giving it to you.Its seems that the consensus of the mob is that because the government, with taxpayer dollars, lent the money to these banks, the government has the authority to tell these banks how to run its business.
So how about in cases where the government gives money to people? Don't we have "the right" to tell people on welfare how to spend their money that we give them? How many TVs they can own? How much they can spend on clothes?
Where is the line drawn?
Thats totally besides the point. While you are recieving the money, can the government tell you how to spend it, or how to live your life?
Yeah...the banks signed on for this...like I said before, if they don't want to go by the guidelines they simply repay the money.On October 14, 2008, Secretary of the Treasury Paulson and President Bush separately announced revisions in the TARP program. The Treasury announced their intention to buy senior preferred stock and warrants in the nine largest American banks. The shares would qualify as Tier 1 capital and were non-voting shares. To qualify for this program, the Treasury required participating institutions to meet certain criteria, including: "(1) ensuring that incentive compensation for senior executives does not encourage unnecessary and excessive risks that threaten the value of the financial institution; (2) required clawback of any bonus or incentive compensation paid to a senior executive based on statements of earnings, gains or other criteria that are later proven to be materially inaccurate; (3) prohibition on the financial institution from making any golden parachute payment to a senior executive based on the Internal Revenue Code provision; and (4) agreement not to deduct for tax purposes executive compensation in excess of $500,000 for each senior executive."
Not as weak as your idiotic idea that the government handed over money with no strings attached to the people that fucked up the economy.wiki? weak.
