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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (545836)1/24/2010 1:07:57 PM
From: combjelly1 Recommendation  Read Replies (3) | Respond to of 1577123
 
"At least for the banks that where not bailed out, or that have paid back the bailout, their bonus is none of the government's business, and none of yours (unless your a shareholder)."

In general, this is true. However, these people have the ability to crater the world economy. Which they came close to doing. A basic problem is that there are no curbs on their risk-taking, and plenty of incentives to take big risks. If they win, they get huge bonuses. If they lose, they might get fired. And if that happens, they almost certainly get hired by someone else to gamble.

This is a situation that pretty much guarantees periodic global financial collapse. And that makes their bonuses my business.



To: TimF who wrote (545836)1/24/2010 2:13:24 PM
From: tejek  Read Replies (1) | Respond to of 1577123
 
If you meant the execs using their own money - The execs don't have any extra power to buy politicians from the USSC decision either.

The bonuses are their normal form of compensation. At least for the banks that where not bailed out, or that have paid back the bailout, their bonus is none of the government's business, and none of yours (unless your a shareholder).


Of course its our business. Their risky behavior nearly cratered the global economy. We're supposed to ignore that major problem so you can have your 'free' markets and capitalism. Man, the brainwashing runs deep with you.



To: TimF who wrote (545836)1/25/2010 9:42:57 PM
From: Don Hurst  Read Replies (1) | Respond to of 1577123
 
Now anybody can buy our Congresses just as the Bank execs buy their Boards...Yup, go ahead defend, the USSC so called conservatives and their "strict constructionists" garbage...Yup, the Corporations are "persons"...hell, they don't even have to be Americans to buy our Congresses.

You are ridiculous...

talkingpointsmemo.com

>>"As we note in our current feature story, the recent Supreme Court decision gives foreigners basically an unfettered right to spend money on US elections -- China, the UK, Saudi Arabia, Israel, Russia, take your pick. The majority tried to paper over this. But now foreign corporations, foreign individuals and even foreign governments can use corporations as pass-throughs to spend millions or tens of millions of dollars supporting their candidate of choice in a US election...more"<<