Saturday, September 20, 2008 1:38:40 PM
Yeah, lets not make anyone accountable for their actions anymore. Let's just pass the greedy selfish acts of todays asset mongers onto the generations to come. Have you seen some of the houses and incomes these CEOs have obtained. Where exists the legislation that removes golden parachutes and liquidates these CEOs assests if they do not perform their inherent duties with the company's shareholders and employee's best interests in mind.
There would have been plenty of money from the private sector to bail out the depreciated assets of these poorly ran companies for pennies on the dollar, which is all they deserve at this point. New cash rich entites would have stepped forefront to inject cash into our ecomnomy, bailing out where necessary with huge future opportunistic upsides as their reward for doing so. Reward individuals and companies that operate within their means and properly. No, our government would rather choose to reward the greed of criminals and scam artists. This administration is setting another fine example for the youth of america. Spend excessively beyond your means as we do and leave the bill for your grandkids. This country is truly a mess.
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