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Old 09-25-2008, 11:20 AM
 
Location: Hope, AR
1,509 posts, read 3,083,595 times
Reputation: 254

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Commentary: Financial meltdown is an absolute disaster - CNN.com
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Old 09-25-2008, 11:27 AM
 
23,597 posts, read 70,402,242 times
Reputation: 49258
The first comment after the article made a lot of sense.

"Part of the bailout deal should be (and I think even this is generous) that we find any banking CEO or board of directors involved with a failed company, anybody on wall street culpable for this mess, with a net worth over $1 million. Then we confiscate everything they've got over that $1 million mark, and toss that into the $700 billion pool. These clowns expect people in the middle class, and their kids and grandkids and great grandkids, to pay tax dollars to finance their fat cat lifestyles. I say we should expect them to pay as well. And being left with $1 million is more then fair, more then enough, considering how many lives their greed and avarice have ruined, all the savings accounts, the mortgages, the retirement plans, everything. This bailout plan robs the poor to protect the rich AND THE ONLY WAY CONGRESS WANTS TO PENALIZE THE CROOKS IS BY TAKING THEIR "BONUSES". Screw that. Make them pay before we pay. less"
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Old 09-25-2008, 11:29 AM
 
Location: ✶✶✶✶
15,216 posts, read 30,556,380 times
Reputation: 10851
Quote:
Originally Posted by harry chickpea View Post
The first comment after the article made a lot of sense.

"Part of the bailout deal should be (and I think even this is generous) that we find any banking CEO or board of directors involved with a failed company, anybody on wall street culpable for this mess, with a net worth over $1 million. Then we confiscate everything they've got over that $1 million mark, and toss that into the $700 billion pool.
Yes!

These people should not be rewarded for their part in creating this fiasco. Make them help pay for it.
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