Posted on 09/25/2008 1:18:47 AM PDT by ari-freedom
This is absurd. This is comical. I'm watching the Drive-Bys here during the break. Do you know what the big topic on MSNBC right now is? Bush's speech tonight on the economy, nine o'clock. I'm not going to tell you what he's going to say, but I know what he's going to say. They brought in the big gun anchors at two o'clock in the afternoon to do a seven-hour pregame show on the president's nine o'clock speech. And you know what the big topic is? Executive pay. "He better make sure that he cuts executive pay." Rome is burning and they're worried about executive pay. Typical leftists. The only thing funny about this is the executives they're talking about are also leftists. They're also liberal Democrats. Greetings, welcome back, Rush Limbaugh, the EIB Network. Executive pay? Where's that going to stop? Executive pay, then they're going to get to your pay. Executive pay? You better call Frank Raines in there and you better get Jim Johnson in there. Executive pay? Oh, I know it's popular, it's class envy. I'm not saying yeah they should get their golden parachutes and everything when they fail, don't misunderstand here. Executive pay's got nothing to do with this. This is a government problem. The capitalist system did not do this.
(Excerpt) Read more at rushlimbaugh.com ...
Is it? I'm not so sure these days. I think there's a group of liberal/whatever CEO and people at this level who are without any moral (read:Christian) compass at all and are looting the system like robber barons.
Is it class envy or concern over the destruction of jobs, communities and in many cases, personal wealth?
I no longer believe the answer here is a simple as Rush describes it.
And yes, conservatism plays a role in my thinking.
The pay cut should go to the so called journalists> Nahh they are not journalists. They have become nothing more than Obama election workers. The so called Newscasts are Obama ads.
I think there’s a group of liberal/whatever CEO and people at this level who are without any moral (read:Christian) compass at all and are looting the system like robber barons.
so we’ll let Barney frank decide who has a moral compass
"We're from the government and we're here to help you...now bend over and pick up the soap!"
This isn't my ideal path to reform. The real question is, how bad will it be if we let these guys go down the drain and for how long? Maybe it's better to start from scratch than let the democrats ensure we never recover.
If there is a economic collapse, at least you will have some satisfaction knowing that a lot of those “journalists” will be unemployed.
I’d like to see what happens if the discussion were to lump in the entertainment (including news), sports industry and academic ‘rich’ people (>$250k?) in that mix.
A question.
Democrats like to tax the rich, right? Well, if they limit executive pay then they won’t get more taxes! They should want more taxes
NO BAIL OUT!
Very bad. Unimaginable bad. Soon as the banks go, business won't be able to meet payroll, so there goes most business. expect 75% unemployment overnight.
I've been working on gathering up enough cash to meet my own payroll for my 'small' business over the past couple weeks.
Lets just say that is a lot of cash to keep on hand. I can't see very many business being able to do that.
Auto deposits will fail because the banks will fail, checks will be worthless.
That is why sudden, mass unemployment will happen overnight when the banks collapse.
At least my employees will get their final paycheck with their pink slips. But beyond that, there is no way to keep business going after that. Got to have banks to do business, it's as simple as that.
In 1929, 6000 banks boarded up their windows and doors overnight. Unemployment hit 25% by 1930. And that was back in the day when business didn't rely on banks so much!
How long will it last? Some say 30 years. 10 times as deep and 3 times as long as the depression caused by the market crash in 1929.
Rats just say that to get votes from stupid moonbat leftists.
The fact of the matter is, "the rich" already pay the highest tax rates, and taxing 10% of working population they call "rich" will add very little to government coffers.
The truth of the matter is 99% of tax revenue comes from the middle working class. That's just the way it is, and that's who pays for all the social programs that gets leftist all wet.
Then no job for you.
so go live in a cave
you don’t have to be a genius to figure that out...unfortunately not too many geniuses on FR
Will the Democrats go after the rock stars who rip off the children many times over what most executives make? What about professional athletes? What about Bill Clinton who has made one hundred million dollars trading on the presidency?
no they only go after people who use their brains to solve problems
It is vitally important that executive pay is reduced for institutions selling to the bailout fund. It is a way to determine which of these Wall Street CEOs are crying real tears, and which are crying crocodile tears.
I don’t care about CEO pay...right up until the point I’m paying the bills. If they don’t want the pay cut, then they don’t get the bailout. Simple enough.
Uhng...thanks for the response. Feels like we're playing Russian Roullette with our nation's future and the only choice we have is the type of load of the round. : /
The accusations are flying fast and loose around here these days and it's the people who understand it the least who are most certain about who is to blame and what should be done to them. I had no idea there was so much class envy on FR.
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