posted on Jan, 26 2009 @ 07:09 PM
Well, you know, there are solutions to this kind of abuse, but most of you don't want to hear them because they're too "liberal" or
Bring back the 91% top marginal income tax rate on the mega-rich. You know, the one Eisenhower, a Republican, supported. They still get to make
millions, just anything over a certain point mostly goes back into the nation that made them rich to begin with. Or, they can do what businessmen
used to do under that tax system--put their income back into their companies in the form of infrastructure, wages, new hires, etc.
Bring back the Sherman Anti-Trust Act. With a VENGEANCE. Go back to corporations only having a 40-year life-span, and having to submit to regular
review by government authorities to ensure they're acting in the public's best interests. Stop companies from getting so big they can hold our
entire economy hostage in exchange for bailouts because they're "too big to fail". If a company is too big to fail then Dammit, it's too big
to be allowed to exist!!!
Bring back the compartmentalization of companies. No more of this crap where insurance companies start banks and banks issue insurance and coked-up
stockbrokers gamble with YOUR MONEY. If it's a bank, it's a bank. It it's an insurer, it's an insurer, and no more of this
"everyone does everything for maximum market share" crap.
Start new regulations, with strict enforcement, equalizing the votes of stockholders in a company's decision-making process. I guarantee you if the
hundreds who have just a few shares each have just as much say as the one guy with a thousand shares, you won't be seeing a lot of CEOs making $100
Million salaries plus options and "perks" regardless of their actual performance. Right now, these guys make that kind of money whether they
succeed or fail--if more people have a stronger stake in the outcome, CEOs will be held to a higher standard of performance and have to start
earning their money again instead of spending a few years here, a few years there getting rich while they run companies into the ground.
Note that none of this (except the shareholder voting issue) is anything new. Most of these are regulations and laws we already had in place,
and they were dismantled primarily by the Republicans under Reagan. Everything we're seeing right now--the bailouts, the need for bailouts,
the cozy relationship Big Business has with the Fed, the unrestricted lobbying, massive military procurement as a form of corporate welfare regardless
of actual defense needs--all of this is because we allowed the Party of the Rich to destroy the Middle Class, stagnate and suppress wages,
replace wages with credit as a means of maintaining demand for goods and services, cut the hearts out of the Unions, and de-regulate every
major industry that our society relies on for its survival and success so a tiny handful of buttholes at the top can do anything they damn well please
and screw everyone else.
And through their "think-tanks", media conglomeration, and savvy marketing aimed at fearful idiots they brainwashed the People into thinking it was
all the best idea anyone ever had.
I'll bet most of the people on this site still buy into it, and blame either Liberals for all of this, or, in the case of the anarchists and
nihilists among us, it's all some "shadowy group" that both parties serve as they prepare to sacrifice America on the altar of the "NWO".
Face it, people--you've been lied to by your Republican heroes, and they're only too happy to retire in maximum style while the rest of us toil