Commentary Plus blogs published on September 23, 2008 have outlined the rationale against bailout. The executive salaries and golden parachutes for those who failed to earned their keeps are issues must be addressed. However, the executive salaries and golden parachutes must not become distractions and the scape goats for real culprits.
The real culprits are making the killings, and stand to make killing behind all this overt fiasco. The Bush/Paulson et.al. fast pull is to benefit behind the scene super rich (the multi billionaires).
Tax payers money must have not only the oversight, but an over sight with a goal: to provide tax payer a return consistent with returns provided to super rich over time. Anything less than that would be a sell out at the cost of tax payer.
Second, the bailout must be paid first by the big tax cut beneficiaries of the past eight years.
A time to ponder...............
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment