Obama layin the smack down on the banks!!

[themajormt]

I am warming up to this guy:

http://news.yahoo.com/s/ap/20090204/ap_on_go_pr_wh/bailout_executive_pay

[fiveteamer]

I smellelelelelelelelellllll.... what Obama is cooking.

[smarmy]

I smellelelelelelelelellllll.... what Obama is cooking.

Stop it.

[daggerkobe]

No doubt the people elected the best man for the job.

[katstale]

I like what he is doing with tackling the national debt. Rounding up all the tax cheats and putting them (trying to) in his administration so the IRS doesn't have to look for them. Brilliant move on his part.

[themajormt]

People make mistakes kat, I am sure you report every single thing to the IRS... Daschle is a career politician who has done a lot for the country. I am sure if they probed every house member and every member of the senate they would come up with a lot more of this. These people do speeches, book deals, they dont file a 1040 EZ!

[losturmarbles]

putting a cap on what executives can make will fix shit. if anything it guarantees these banks will never be successful again.

[themajormt]

It at least holds them accountable for taxing OUR tax dollars!! These guys took millions in bonuses AFTER their banks tanked to shit... How does that make sense??

[losturmarbles]

It at least holds them accountable for taxing OUR tax dollars!! These guys took millions in bonuses AFTER their banks tanked to shit... How does that make sense??

then why bail the crooks out?

why steal from tax payers and invest in a failing bank. then turn around and enforce regulation that guarantees mediocrity for the company?

[themajormt]

I honestly dont think we shouldve bailed them out BUT if we are going to at least cut their pay until they get their shit together... It does not guarantee mediocrity, they can be rewarded with stock or voted on if they DESERVE it...

[losturmarbles]

I honestly dont think we shouldve bailed them out BUT if we are going to at least cut their pay until they get their shit together... It does not guarantee mediocrity, they can be rewarded with stock or voted on if they DESERVE it...

no you get rid of the dumb fuks making poor decisions.
rewarded with stock? they can't once theyre maxed out at 500k.

some ceo's are priceless, some are worthless.
do you really think someone with the capable skill set to turn the bank around is going to take a job where he has a cap on his income?

a cap does nothing but pander to the wealth envy of the ignorant masses.
that and destroy incentive.

[Cloak & Dagger]

People make mistakes kat, I am sure you report every single thing to the IRS... Daschle is a career politician who has done a lot for the country. I am sure if they probed every house member and every member of the senate they would come up with a lot more of this. These people do speeches, book deals, they dont file a 1040 EZ!

[themajormt]

Honestly, who the FUKK could actually pass a full blown audit?? The controller of my company told me that IF you ever get a full blown audit from the IRS you are 100% fukked. They only do them 1-3% of the time and they analyze every single thing. That $100 deposit from the scratch off you won? Fukk you pay me!! That $250 from grandpa for your birthday?? Fukk you pay me!!