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To: Elsewhere who wrote (13190)	1/30/2009 3:47:46 PM
From: ahhaha	Read Replies (1) of 24758

Part of what we're going to need is for folks on Wall Street who are asking for help to show some restraint and show some discipline and show some sense of responsibility. How does he know what is needed? None of the above are germane to the problem. This is what Americans have shipped for. A loose cannon who has no clue about what works and so he will seek every wrong approach and none of the right ones. Obama's criticism is clearly directed at financial institutions asking to be supported. How about salary cap of $400Gs? Let's assume Obama means only banks receiving aid. With a cap on compensation how many skilled execs will stay? To Obama it doesn't matter who is in charge. They're all the same. The only problem is that perpetrators like Stan O'Neil who never are blamed but who were the main players making bad decisions to lend to unqualified borrowers got to their positions under board decisions based on "all are the same", that is, based on superficial criteria. There will be a mass of incompetent people put in charge of huge quantities of money under the auspices of it doesn't matter who is in charge, and that will cause the budget deficit to swell to $10 trillion.

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