Replies

Total BS! Anyone who accepts tax-payer money becomes subject to governmental regulation.

These guys are simply reaping what they have sown. What did they expect to get money from the government without any strings attached? Anyone who pays attention to their state and local governments should have known that if you take federal money you're opening yourself up to governmental scrutiny and control.

This is one thing I actually agree with Obama over...not the envy stuff, but the limits on how these idiot corporate managers spend our tax money.

They should never have received the money in the first place. This is them getting their just desserts.

The only problem with your reasoning is that they should never have gotten bailout money in the first place. If these companies were stupid enough to pay these guys millions while they were being run into the ground, they deserved to go out of business.

This is typical of a government that allows the Energy Dpeartment to consume $24 billion a year to stand in the way of energy development and then taxes away the profits of the oil companies to pay for it.

Anyone who accepts tax-payer money becomes subject to governmental regulation.

_______________________________________

So, any student borrowing from the FEDS to pay tuition can expect that one day big-brother will dictate what must be studied?

Any American receiving Social Security can expect that one day big-brother will dictate where he must live?

This is them getting their just desserts.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

The Marxists enact laws that are ***guaranteed** to make the banking business fail.

Then to “solve” the crisis that they created, the Marxists essentially nationalize the banking business using the mantra of “capitalism failed”.

Have you read what is going on in the state of New York over apartment rents? The same thing!

The Marxists enact all sorts of zoning and environmental laws that make building apartments expensive and hard to build.

The rents rise as a result of an artificial ( government created) shortage.

The Marxists then enact price controls on rents. This makes it even **more** unprofitable to build or own any apartments whatsoever.

Apartments grow even harder to find for any renter. It is impossible for the owners of apartment buildings to make a profit or keep up repairs. Existing apartments are totally abandoned by their owners and allowed to collapse or catch fire.

Our government Marxists seeing that “capitalism failed” then take over the apartment building and apartment renting business, and everyone except the state approved elite get to live in Soviet-style cement block housing.

Sudetenland, please read “Atlas Shrugged” by Ayn Rand. The woman was a visionary, and completely right!

Sudetenland, please read post #34 by Uncle Miltie.

My brother was a CFO of a bank. He saw the financial disaster roaring down the government track and did the smart thing. He retired 2 years before everything imploded.

Blaming the CEOs for this government mess is ridiculous. They merely trying to hold things together for the investors in their businesses, and it was their responsibility to do that.

The Marxists ( who are all really fascists) won. They will move forward to either nationalize the entire banking industry, or move to enact total fascist control over it.

This is one thing I actually agree with Obama over...not the envy stuff, but the limits on how these idiot corporate managers spend our tax money....They should never have received the money in the first place. This is them getting their just desserts.

You didn't give them the money, you lent it to them. The government is generating positive cash flow on the deal, charging 5% to 8% while borrowing at sharply lower rates. Regardless of your feelings about "just desserts", do you really accept a centrally planned Soviet style economy as their price?

That aside, the whole think is nonsense. It will apply only to a handful of executives, those bonus' that offend you go to hundreds, the overwhelming majority of whom aren't covered. Which is a good thing, since they'd simply leave for greener pastures, aka non-US and non-participating banks. Foolish economics, made possible only by the class envy across the political spectrum which The One is tapping into. He's good at that.