Should We Really Cap Executive Salaries at Bailed-Out Companies?
DAVID S.
We are not spending it. The government is. The taxpayer does not get ownership, the government does (which is really the Democrat party). What does that really mean? This is Nationalization. This is socialism. What is next, that they can only loan to the friends of Democrat insiders? THis is how it practically works out in corrpt one part, sft socialist states like Mexico. It is particularly pernicious when the government caused the mess in the first place. By what constitutional right does do this, and by what right do they sell this to the American people and then change the game later?
How will firms attach talent? Why should they stay here? Why not head overseas? Why should they even take the money? Dave S., did you not just see my link to pending legislation that would limit all salaries in the sector without regard to whether or not they tkae bailout money or not? What is up with that? How can in each case the government know what a even company needs? Perhaps they need better traders? How will they get them when they limit their pay?
Not the Democrat politicians, that is for sure. They have spent their whole lives inside the government. Obama has never had a real job in his life, not is a business where making money placed him on the line. How does he know anything about business at all? he has spent his entire life using government to loot businesses and harm capitalism. He is a parasite on productive people. the whole lot are.
Obama, Reid, Pelosi and Franks got hundreds of millions of dollars from the wall St. Will he give that back? Fannie and Freddie execs–government people, almost all democrats–got millions of dollars (the current CoS of the White House was a director of one of them). Are they going to give their money back? Are they going to limit them?
What about the companies that were already bailed out. They were big Democrats insiders, firms like Goldman Sach, etc. This is not retroactive. So Goldman Sach is exempt fromm this but their competitors are not? Is that not deeply corrupt?
How is that not hypocrisy?
Are they not really trying to seek in socialism? Can you honestly say otherwise?
How does this help a recovery?
I tell you, that it is a Trojan horse for implementing American style socialism and communism.
