[DTogo]

And we can thank who for this?

George W. Bush.

[Kansas58]

Again
Firms that do not pay certain bonuses will be taken to court, if the employees QUALIFIED for such bonuses.

Firms that do not pay bonuses will also go out of business, since nobody will want to work for those firms.

[Ghost of Philip Marlowe]

Umm, actually Slick Willy.

Slick Willy saw the tech bubble bursting and didn’t want the economy going sour on him and his “8 years of peace and prosperity” lie that he was trying to write in the history books.

So he enforced Jimmah Carter’s Community Reinvestment Act to force banks to approve very high-risk mortgages. Once this got started, the Federal Reserve did their harmful part by artificially lowering interest rates, thus guaranteeing a housing bubble, the effects of which we see with over 1.5 million homes on the “inventory” list that need to be sold and another app. 1 million about to be foreclosed upon.

So, yes, Pres. Bush was a big-governmenter and he followed the same jackass mistakes that most presidents make when they think that the Federal Reserve is there to help them, which they are not.

The LCD in all this is the Federal Reserve.

And these bonuses are irrelevant compared to the 50 trillion dollars of deficit spending that is protracted out over the next few years.

Keep your eye on the ball, everyone.

Defeat government-run medicine.

Defeat Tap and Bleed.

[EGPWS]

And we can thank who for this?

George W. Bush.

Change will do you good...