This is awesome

Discussion in 'Politics' started by Red Dawn, Jan 31, 2009.

  1. Red Dawn
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    Red Dawn Senior Member

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    I "heart" Claire McCaskill.....



    Angry senator wants pay cap on Wall Street "idiots"

    One day after President Barack Obama ripped Wall Street executives for their "shameful" decision to hand out $18 billion in bonuses in 2008, Congress may finally have had enough.

    An angry U.S. senator introduced legislation Friday to cap compensation for employees of any company that accepts federal bailout money. Under the terms of a bill introduced by Sen. Claire McCaskill, D-Missouri, no employee would be allowed to make more than the president of the United States.

    Obama's current annual salary is $400,000.

    "We have a bunch of idiots on Wall Street that are kicking sand in the face of the American taxpayer," an enraged McCaskill said on the floor of the Senate. "They don't get it. These people are idiots. You can't use taxpayer money to pay out 18 billion dollars in bonuses."

    McCaskill's proposed compensation limit would cover salaries, bonuses and stock options.



    Angry senator wants pay cap on Wall Street 'idiots' - CNN.com
     
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  2. Truthmatters
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    Truthmatters BANNED

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    I bet there are alot of people who would still love to have that job.
     
  3. toomuchtime_
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    toomuchtime_ Gold Member

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    Of course, if Obama and McCaskill had any idea how to get the US out of the credit crunch that is deepening the recession every day, they wouldn't need to waste time trying to deflect the public's anger from their inability to their jobs competently to criticism's of how banking executives are doing their jobs.
     
  4. Article 15
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    Article 15 Dr. House slayer

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    Sounds fine to me.

    If you are using your own money then by all means give out the fattest bonus checks you can but it's an insult to do the same with money WE put in their tin cup.
     
  5. dilloduck
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    dilloduck Diamond Member

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    Then why in the hell are we giving ANYONE money if we are going to turn around and bitch about how they spend it ? Don't give it too em and they can't waste it.
    How simple can this get ?
     
  6. Truthmatters
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    Truthmatters BANNED

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    You do realize worker production keeps going up in the US while wages have gone down right?
     
  7. Red Dawn
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    Red Dawn Senior Member

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    We should OWN these fuckers, if they're taking hundreds of billions of taxpayer dollars.

    Damn straight we should insist they take pay cuts, before paying out bonuses with taxpayer money.
     
  8. Skull Pilot
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    Skull Pilot Platinum Member

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    too bad we can't apply this logic to the fucking government idiots who waste our money on a grander scale than Wall St ever has.
     
  9. toomuchtime_
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    toomuchtime_ Gold Member

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    And how is this relevant to getting us out of the recession?
     
  10. del
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    del BANNED

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    nice non sequitur

    you do realize that if rats were the size of english schoolboys, we'd be wiped out in a week, right?
     

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