White House slashes pay for Wall Street executives, page 2
Pages: <<  1    2    3    4    5  >>
ATS Members have flagged this thread 4 times


reply posted on 21-10-2009 @ 07:26 PM by plumranch
reply to post by Avenginggecko





The Obama administration stunned Wall Street on Wednesday by ordering massive pay cuts for top executives


If we want to cut spending we need only to put the brakes on Obama himself:

Obama defines extravagant spending.. Blowing it Obama's extravagant date !!!!!!!!!!!!!!!!


reply posted on 21-10-2009 @ 07:28 PM by VitalTimes
reply to post by RoofMonkey



I agree with your point in regards to TARP, but I meant as consumers/investors we gave them our money.

[edit on 21-10-2009 by VitalTimes]



reply posted on 21-10-2009 @ 07:50 PM by Janky Red
Originally posted by poedxsoldiervet
reply to
post by Avenginggecko



Does anyone else see a problem with that? THE GOVERMENT IS CUTTING A PRIVATE FIRMS PAY....

A BAILOUT THAT THE people never wanted in the first place.




Man which way do you guys want it?

These firm took TAX money that you helped earn - why on Earth should they be throwing Millions at one sucker or another who helped destroy our economy?

Too much you guys


reply posted on 21-10-2009 @ 08:13 PM by wylee
reply to post by Hal9000



Actually there is a thread about GS getting off telling us how much better they are than us. Their profits come from a computer program anyways, with 50% of it coming from High Frequency Trading which is 70% percent of the daily volume change on the dow.

So on a day to day basis. Goldman Sachs accounts for 35% of the volume of the Dow. We used to enforce anti-trust laws, but then Bush got into power.

Goldman Sachs's Griffiths Says 'Inequality Helps All'
www.abovetopsecret.com...


reply posted on 21-10-2009 @ 08:13 PM by VitalTimes
reply to post by Hal9000



Though I do see your point, I think that most of us who disagree with the government determining pay in the private sector, also disagreed with the government giving them money in the first place.



reply posted on 21-10-2009 @ 08:23 PM by Janky Red
Originally posted by VitalTimes
reply to
post by Hal9000



Though I do see your point, I think that most of us who disagree with the government determining pay in the private sector, also disagreed with the government giving them money in the first place.


Its been done... Does not change the fact that that money earned off taxing our income.
Here is a case where the government is trying to be responsible with that money, which is apparently a bad thing and very contrary to the eagle call being projected.

The game is up, this calls it for me


reply posted on 21-10-2009 @ 08:29 PM by HunkaHunka
Originally posted by lucentenigma
Originally posted by HunkaHunka
Originally posted by lucentenigma
What more proof do the masses need to see that the current administration has a Marxist agenda?

While I believe that these bankster/executive scum should not be paid outrageous salary's/bonuses the government should not be the ones to do it.

These corporations should have been left to fail and let the free market do it's thing




Do you even know the history of capitalism in this country?

Originally the Government held charters for all companies. And they had the right to revoke these charters on behalf of the American people.

That's not Marxist... that's American.

Unfortunately, Big Business changed all of that...


Yeah dude I do know my history

The government has NEVER held charters for ALL companies.



Actually... yes they did....

Originally, limited liability companies, now called "corporations" had to obtain charters from the State to do business. They are chartered to do a specific job. If they don't do the job or break the rules, their charters can be revoked. The State giveth and the State can taketh away. That's the way the system was set up in the States' constitutions. And this charter system is still in force in most states, today, but when was the last time you heard of a corporate charter being revoked?

Alas ...early in the 19th Century, when this country was young and still wet behind the ears, Congress gave corporations the status of people, with all the rights of peoples' freedom of speech and of the press. They could spend all the money they wanted to on advertising and propaganda, called "public relations". They became carnivorous. The corporations soon began to eat congressmen and senators and judges and politicians of all stripes, and even presidents and nations.



reply posted on 21-10-2009 @ 08:33 PM by Hal9000
reply to post by VitalTimes


Agreed, but these naysayers are only obama bashing and their slips are showing. It's one thing to complain about the government overstepping their bounds, and another to accuse the president of forcing us into marxism.

reply to post by slipkid


Originally posted by slipkid
By decreasing this pay, they are lowering the amount of money which can be taxed by the local government.

So your complaining that our tax dollars that would go toward paying these execs are not going to be taxed. What a shame.

If you feel they need their millions so bad, you could make a donation.

(All in good fun guys)

[edit on 10/21/2009 by Hal9000]
Pages: <<  1    2    3    4    5  >>    ^^TOP^^




Newest topics getting replies, in real-time:

Greetings from a Dying Man
  Introductions, Posted 10 hours ago, 89 replies
Alien Grey caught in photo ?
  Aliens and UFOs, Posted 12 hours ago, 70 replies
Pass Me My Rifle
  World War Three, Posted 16 hours ago, 58 replies
Iran sent pink drone to Obama
  World War Three, Posted 17 hours ago, 40 replies