Obama sees executive pay rules as next financial reform: report

Discussion in 'Politics' started by Matthew, Oct 26, 2012.

  1. Matthew
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    Matthew Blue dog all the way!

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    Obama sees executive pay rules as next financial reform: report
    Yahoo!/Reuters ^ | October 25, 2012

    Obama sees executive pay rules as next financial reform: report - Yahoo! News

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    Wow, this fucker wants to control the private sector. Why not do what China does? :eusa_whistle:
     
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  2. Matthew
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    Matthew Blue dog all the way!

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    China is becoming more free
    America is becoming less

    We must vote Obama out.
     
  3. Matthew
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    Matthew Blue dog all the way!

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    If this SOB wins reelection you're going to find out why I think he's a socialist. This right here is pure socialism.
     
  4. Matthew
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    Matthew Blue dog all the way!

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    It wouldn't surprise me if he comes out being a lot like the president of France next term. Please god vote him out.
     
  5. Kiki Cannoli
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    Kiki Cannoli Have you met my shadow?

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    The issue is tjat some of these highly paid execs make their money off the risky investments by others. However the investor can lose yet the execs pay remains the same. Sharing the risk doesnt seem all that unreasonable to me.
     
  6. Claudette
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    Claudette Gold Member

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    Well its none of Barrys business how the private sector pays its executives. I LMAO to think he thinks its something he or Govt has a say in. Moron.

    Perhaps he should get rid of a couple of hundred thousand useless Fed Govt workers. That he can control.

    Think how much of our hardearned tax dollars that would save.
     
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  7. Saigon
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    Saigon Gold Member

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    Matthew "forgot" to include this section of the story:

    "Such changes are not entirely up to passing laws in Washington and may require shareholders or company directors to act, Obama said. Changes to the executive compensation system cannot entirely be legislated, he said."

    I'm not sure how it can be done, but I think all sane people would support any move which stops investment bankers making millions of dollars out of shorting other companies into bankruptcy.
     
  8. Matthew
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    Matthew Blue dog all the way!

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    We're falling in economic freedom and this idiot wants to tie it down more? This president has already harmed this nation quite enough.
     
  9. editec
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    editec Mr. Forgot-it-All

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    If the tax payers had to BAIL OUT a bank to keep it from going down?

    Then of course the taxpayers ought to have the right to question the compensation for executives who so badly screwed the pooch.
     
  10. JoeB131
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    JoeB131 Gold Member

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    Sounds great.

    How many jobs have been lost because CEO's took risks to pad their eight figure bonuses?
     
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