To: Sherman Logan
Since roughly the mid-1980s, the American public corporation has been run primarily for the purpose of creating vast wealth for its senior executives....I would dearly love to know what is conservative about such behavior. I'm not sure the desire to acquire wealth differs amongst liberals and conservatives. The issue is the solution, and letting the market deal with these things is the conservative solution. Compensation can't be legislated, particularly in a global market.
9 posted on
02/12/2009 4:46:50 PM PST by
SJackson
(a tax cut is non-targetedÂ…no guaranteeÂ…theyÂ’re free to invest anywhere that they want, J Kerry)
To: SJackson
The problem is the market did not deal with this...CEO’s essentially looted companies driving them into insolvency. I don’t want caps (unless you are bailed out), but this sort of behavior is going to destroy capitalism.
16 posted on
02/12/2009 4:55:51 PM PST by
nyconse
To: SJackson
The issue is the solution, and letting the market deal with these things is the conservative solution. Compensation can't be legislated, particularly in a global market. ROFLOL
34 posted on
02/12/2009 7:38:28 PM PST by
org.whodat
(Auto unions bad: Machinists union good=Hypocrisy)
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