Now that We own Wall Street

[Red Dawn]

Now that we, the american taxpayer, owns Wallstreet, I assume we have the right mandate how these companies operate.

Here's the changes I would make to our companies:

Change the executive pay structure: Fire all the CEO's and top management. We don't need to pay some hack who ran her/his company into the ground a multimillion dollar salary and a multimillion dollar pension.

Since these companies are nationalized, we could turn the company managment into a civil service position, and pay our CEO the same salary that a US Senator or the Secretary of the Treasury makes. Hell, Obama, McCain Henry Paulson, and Ben Bernacke work for peanuts - what, 162 grand per year? Why the fuck would we want to pay some asshole wall street tycoon 20 million a year just to run the company into the ground, like they just did?

I just spent five minutes on this, and I just cut hundreds of millions of dollars in operating expenses, for our new nationalized companies.

We could mandate that our new companies operate in a socially responsible and ethical way. We could mandate that gay employees are entitled to shared health benefits and tax benefits with their partners. Women employees would have free, company-sponsored day care and paid maternity leave. Why not? Hell, I just saved hundreds of millions of dollars by firing the CEO, and replacing them with people like Paulson and Bernacke who have demonstrated they're willing to work for civil servant salaries.

I'm sure there are more things we could mandate our new companies to do. But, I have this horrible, sneaking suspicion that BushCo. is just going to give them a Trillion taxpayer dollars, no strings attached.

Because, that's what republicans do.

 

[Charles_Main]

Your confused my friend. We don't own wall street. we just own all the bad investments on wall street. They get to keep the good ones.

What a great deal for us.

 

[dilloduck]

Your confused my friend. We don't own wall street. we just own all the bad investments on wall street. They get to keep the good ones.

What a great deal for us.

It's what happens when you expect someone else to take care of you, believe in free lunches and think that anything is secure.

 

[Chris]

George Bush is socialist.

 

[Diuretic]

Now that we, the american taxpayer, owns Wallstreet, I assume we have the right mandate how these companies operate.

Here's the changes I would make to our companies:

Change the executive pay structure: Fire all the CEO's and top management. We don't need to pay some hack who ran her/his company into the ground a multimillion dollar salary and a multimillion dollar pension.

Since these companies are nationalized, we could turn the company managment into a civil service position, and pay our CEO the same salary that a US Senator or the Secretary of the Treasury makes. Hell, Obama, McCain Henry Paulson, and Ben Bernacke work for peanuts - what, 162 grand per year? Why the fuck would we want to pay some asshole wall street tycoon 20 million a year just to run the company into the ground, like they just did?

I just spent five minutes on this, and I just cut hundreds of millions of dollars in operating expenses, for our new nationalized companies.

We could mandate that our new companies operate in a socially responsible and ethical way. We could mandate that gay employees are entitled to shared health benefits and tax benefits with their partners. Women employees would have free, company-sponsored day care and paid maternity leave. Why not? Hell, I just saved hundreds of millions of dollars by firing the CEO, and replacing them with people like Paulson and Bernacke who have demonstrated they're willing to work for civil servant salaries.

I'm sure there are more things we could mandate our new companies to do. But, I have this horrible, sneaking suspicion that BushCo. is just going to give them a Trillion taxpayer dollars, no strings attached.

Because, that's what republicans do.

I'm almost envious

 

[Diuretic]

George Bush is socialist.

Johnny-come-lately one though

 

[HoleInTheVoid]

George Bush is socialist.

If that were the case liberals would like him.

 

[DiveCon]

George Bush is socialist.

not quite, but he sure isnt a conservative

 

[Diuretic]

not quite, but he sure isnt a conservative

Well I was wrong about Bush. He's not an idiot. Only an idiot would refuse to respond to bail out Wall Street.

 

[editec]

Now that we, the american taxpayer, owns Wallstreet, I assume we have the right mandate how these companies operate.

Great minds obviously think alike. I just wrote something about us not bailing out private banks and suggested that we simply OWN them if we have to keep them going.

Here's the changes I would make to our companies:

Change the executive pay structure: Fire all the CEO's and top management. We don't need to pay some hack who ran her/his company into the ground a multimillion dollar salary and a multimillion dollar pension.

Can we strip them of everything they own, too. We should you know.

Since these companies are nationalized, we could turn the company managment into a civil service position, and pay our CEO the same salary that a US Senator or the Secretary of the Treasury makes. Hell, Obama, McCain Henry Paulson, and Ben Bernacke work for peanuts - what, 162 grand per year? Why the fuck would we want to pay some asshole wall street tycoon 20 million a year just to run the company into the ground, like they just did?

Excellent idea.

I just spent five minutes on this, and I just cut hundreds of millions of dollars in operating expenses, for our new nationalized companies.

Throw in the derivitive companies, and you're going to cut TRILLIONS off their operating expenses.

We could mandate that our new companies operate in a socially responsible and ethical way. We could mandate that gay employees are entitled to shared health benefits and tax benefits with their partners. Women employees would have free, company-sponsored day care and paid maternity leave. Why not? Hell, I just saved hundreds of millions of dollars by firing the CEO, and replacing them with people like Paulson and Bernacke who have demonstrated they're willing to work for civil servant salaries.

Don't foget the free beer on fridays perq!

I'm sure there are more things we could mandate our new companies to do. But, I have this horrible, sneaking suspicion that BushCo. is just going to give them a Trillion taxpayer dollars, no strings attached.

Bush really dosesn't have much say in this, I suspect.

Because, that's what republicans do.

That's what Democraps do, too.

The leadership of both are really just leading different squads of the same team, sport.

 

[Paulie]

George Bush is socialist.

For once I agree with you.

 

[Paulie]

If that were the case liberals would like him.

Liberals are too stupid to realize it.

 

[eots]

George Bush is socialist.

As are McCain and Obama the commies have infiltrated and corrupted the entire political system and in reality we live in a one party state

 

[Ravi]

Liberals are too stupid to realize it.

No offense, Pauli, but you are an asshole. Liberals aren't socialists. And George W. Bush is the worst president we've ever had.

 

[eots]

obamas not a socialist !!....you cant really belive that...can you ?

 

[Gunny]

No offense, Pauli, but you are an asshole. Liberals aren't socialists. And George W. Bush is the worst president we've ever had.

No offense, Rav, but liberals DO push socialst beliefs and Bush isn't anywhere near the worst President we ever had. The fact alone that Carter was President negates that theory.

Then there was Andrew Johnson, Grover Cleveland, Buchanan, Polk, Lincoln, Wilson ... every President is "the worst President we've ever had" while in office according to political opponents.

 

[eots]

It's what happens when you expect someone else to take care of you, believe in free lunches and think that anything is secure.

now you sound like Ron Paul

 

[Paulie]

Rav, explain why liberals aren't socialists.

It's high time people around here started backing up their opinions.

 

[editec]

Liberals are too stupid to realize it.

Liberals, many of them at least, are quite smart enough to know that federalism can ALSO lead to totalitarianists like Bush and company obviously are.

Maybe that's why we liberals voted against this guy by the tens of millions, eh?

Apparently the people who voted against this clown understood that sorry fact about federalism long before youre average concservative got it.

When it comes to people like Bush they'll say whatever it takes to get into office but what they'll do have damned all to do with their rhetoric.

Your man bush isn't a socialist, or a capitlist or libertarian, either...he's just a totalitarianist who will do whatever it takes and say whatever it takes to stay rich and on top of the heap.

I doubt there are fifty people in all of Congress who haven't sold out the nation to stay in office.

Both parties recruit the same kind of people into leadership positions.

Go long to get along tools.

 

[KittenKoder]

I must agree, most liberals are socialists. However not all are.