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Old 02-04-2009, 01:23 PM
 
29,939 posts, read 39,468,904 times
Reputation: 4799

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Quote:
Originally Posted by ringwise View Post
Hello Hammer and Sickle......
No one like this that I know of. Some communist or socialist might be as it sits these are loans. Loans these companies have to apply for. Many others said they don't want the kool aid.
20 banks don’t take fed money : Business : The Buffalo News (http://www.buffalonews.com/145/story/567125.html - broken link)
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Old 02-04-2009, 01:27 PM
 
Location: Raleigh, NC
9,059 posts, read 12,972,786 times
Reputation: 1401
Quote:
Originally Posted by Yeledaf View Post
Actually it makes sense to some degree, but it gets back to why TARP is a monstrous failure in the first place.

Small brokers cannot hire many of the essentially defunct brokerage house employees because government is infusing the big boyz with LOTS of capital and allowing these organizations to retain their employees by outbidding smaller brokers, possibly even stealing talent from smaller outfits. This has an effect of artificially inflating wages, essentially overpaying for talent. Government is essentially trying to fix a problem it created on its own.
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Old 02-04-2009, 01:30 PM
 
31,387 posts, read 37,054,795 times
Reputation: 15038
Let's examine this argument from the other end of the economic ladder. Joseph the unemployed factory worker goes to the government seeking assistance. Joe gets food stamps and wants to buy a couple of 6 packs of Bud, but food stamps don't allow for the purchase of alcohol. Joseph goes on the local TV newscast and demands to know what right the government has to tell him how to spend the money they give him for assistance.

Any bets on what the conservative response to this would be?
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Old 02-04-2009, 01:34 PM
 
Location: New York, New York
4,906 posts, read 6,848,248 times
Reputation: 1033
Quote:
Originally Posted by ovcatto View Post
Let's examine this argument from the other end of the economic ladder. Joseph the unemployed factory worker goes to the government seeking assistance. Joe gets food stamps and wants to buy a couple of 6 packs of Bud, but food stamps don't allow for the purchase of alcohol. Joseph goes on the local TV newscast and demands to know what right the government has to tell him how to spend the money they give him for assistance.

Any bets on what the conservative response to this would be?
I believe I've seen evidence of it right here on cd.
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Old 02-04-2009, 01:40 PM
 
31,387 posts, read 37,054,795 times
Reputation: 15038
Quote:
Originally Posted by lamexican View Post
I believe I've seen evidence of it right here on cd.
I believe a bit of cross posting is in order.
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Old 02-04-2009, 01:41 PM
 
7,530 posts, read 11,367,834 times
Reputation: 3656
What happens to the companies that violate this cap?
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Old 02-04-2009, 01:42 PM
 
Location: PA
5,562 posts, read 5,683,672 times
Reputation: 1962
Quote:
Originally Posted by ovcatto View Post
Let's examine this argument from the other end of the economic ladder. Joseph the unemployed factory worker goes to the government seeking assistance. Joe gets food stamps and wants to buy a couple of 6 packs of Bud, but food stamps don't allow for the purchase of alcohol. Joseph goes on the local TV newscast and demands to know what right the government has to tell him how to spend the money they give him for assistance.

Any bets on what the conservative response to this would be?

Here is a conservative response.
Joseph the unemployeed factory worker should understand what "assistance" is from the government. Assistance is dependancy and in In giving up his freedom to be dependant on the government you have now taken your individual wants and needs in the hands of government. If he really wanted a 6 pack of bud I would offer to sweep up the floor at the bar or liquir store and see they can pay him in beers after all that would be fair trade instead of asking the government for dependancy. In other words look for other options before running to the government for assistance you will find you will have freedom to be yourself and work for what you really want. Because in the end government is the problem not the solution and all to often we ignore independance and accept dependancy because we have been brainwashed to believe that is the role of government.

NEXT!!!
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Old 02-04-2009, 01:43 PM
 
31,387 posts, read 37,054,795 times
Reputation: 15038
Quote:
Originally Posted by Motion View Post
What happens to the companies that violate this cap?
Now there's the $64,000,000,000 question. I would like the idea of long prison sentences in a Federal Pen like Atlanta.
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Old 02-04-2009, 01:57 PM
 
Location: New York, New York
4,906 posts, read 6,848,248 times
Reputation: 1033
Quote:
Originally Posted by ovcatto View Post
I believe a bit of cross posting is in order.
Here's one.

Food stamps, if re-managed like WIC where it was set for specific purchases - OK. I've gotten in to that argument before - I don't see candy and soda as food staples. And I get flamed for it. I call it public assistance and not 'owed' to the recipient. More flames.

it's on thread Without one single republican vote. its post # 64
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Old 02-04-2009, 01:59 PM
 
Location: Michigan
792 posts, read 2,324,763 times
Reputation: 935
Instead of a salary cap, we should re-institute higher tax brackets. After WWII, the top tax bracket was 90%. When Ike took office, did he cut taxes, like modern GOP pols would have us do? No, he built the interstate highway system.

Let companies pay whatever they want, but the marginal tax rate of income over, say, $200,000 should be much higher. And to those who cry "class warfare", I say, your side started it.
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