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Originally Posted by sanrene
How ridiculous. Government/politicians are now going to tell people how much they can make. Doesn't anybody see anything wrong with that? Where is the incentive?
Only one place to point the finger of blame for the bonuses given out with TARP money - congress. They should have put severe restrictions on those entities receiving taxpayer funded bailouts.
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Oh enough already with the "incentive" crap. You act like unfettered, rogue profit-making is some kind of backbone of capitalism. It isn't. In fact, until the Reagan years, college-level economics classes used to teach the concept of "reasonable profit." Why? Because CEOs and shareholders of corporations have a responsibility as citizens first and foremost. Because capitalism is a system devised by people for people. And precisely because it is a human system, it is interdependent with the needs, as well as the desires, of humanity. Therefore, no, it is not okay for CEOs to rape the planet or the laborer or the taxpayer. Get a clue.