Bankers can work at least 2-3x national avrg. so 2-3x salary there you go. They took on great risk for the potential of great returns, their purpose is to make money, we allow them to exist not because we like it when they make money but because they allow our capital to flow. Banks are PRIVATE businesses which means they can fail. Criticizing failing banks for wrecking the economy and making you jobless is like criticizing someone for not taking care of you, grow up life sucks.
@Goldensilverman Good work, kid. I'm sure they'll give you some of that free money for kissing their asses, won't they? Pays better better than actually going to college and learning how to produce something of value, amirite? Oh, those POOR billionaires, they're SOO misunderstood! They take on SO much RISK which is why WE have to pay for it when they screw up! Which means they don't take on any risk, but hey, why bother with sense? this is the land of the stupid, where everything's backwards!
Brain Drain? Wouldn't that require their be some brains to drain?
Bonuses and saleries in the millions each sure doesn't seem to have kept the incompetants out. In fact, they clearly were running things.
I say we make a deal with them. IF they can make money without phony scams or ruining the economy AND WITHOUT using OUR tax money, they can pay themselves whatever they want.
I wish the limit had been lower. Then fewer execs would have been tempted to accept the corporate welfare pork that the stimulus package is composed of.
This comment has received too many negative votesshow
Class warfare is an ugly thing.
Don't hate the players, brother, hate the game.
I'm sure these companies in trouble will finally be able to find really good leadership now that they can't actually pay them anything like a competitive salary...
I suppose I could make a case that America's disparity in salaries and the fact that the US rates hardly above the 3rd world in such things as infant mortality are the real indications of class warfare.
Or I could point out that less than a month is hardly time enough to reverse the damage done by 8 years' worth of gross incompetence.
Where was this attitude when Obama was urging everyone to support the first failed Bailout ? Remember that first bailout.... the one they said we had to pass or there would be dire consequences ? It's deja vu all over again.
good point, obama personally called up black congressmen and got them to change their vote. Its about time these fuckers were held to some sort of non-obscene salaries for taking OUR tax dollars because they *needed* a bailout so badly. Cool, that should also mean you get the government regulation that will come along with it.
this shouldn't even be an issue because the TARP funds aren't even constitutionally legal. Fuck Obama, Bush and anyone else that supports bailouts and stimulus plans!! This shit doesn't work!!!
you brainwashed jackass, the new deal didnt do shit for america, it was WWII that pulled us outta the great depression. obamasiah's spending bill will only drive us further down into a much worse depression. can you grow your own food? have fun starving to death sheep!
Typical neocons. Since FDR helped us out of a depression, cons have to attempt to change history and lie about it. If the new deal didn't do sh=t, why did people vote him in four f-cken terms? You probably were not even born then, so don't act like you know what the new deal did. If the new deal was irrevant, why is social security, welfare, and other programs of his still around today? Why did republican president eisenhowar not remove the new deal plans, when he got into office?
you mindless zombie shitbag, the 2 party system is a hoax, a distraction for dumb fuks like you. every president has been working toward this regardless of dem/rep. why do you think that obama wont repeal any of the policies of bush's that make any difference? illegal wiretapping? we need more!!! close gitmo huh? yeah maybe years from now, more likely never. bring the troops home? forget it! restore the constitution? not a chance!!!
I from sweden our budget is still balanced and yes i grew up on a farm.
So where did that money come from in Ww2??
Increasing the cash flow threw the system do work, the problem is that has to end when the wheels starts to turn again.
Big parts of the crash was because people was spending money that didn´t exist, loans, real estate on crap that was produced in China. That why the money should be put in infrastructure, so the jobs and money stay in the country and not in China.
yeah too bad barry sotoro's stimulus bill is 93% spending and 7% stimulus. it wont create many jobs, a lot of the jobs wont be created for YEARS. we need jobs right NOW, or we are doomed.
Oh gawd, not another Keynesian. Dude, seriously, even the CBO came out with a report that says, long term, the plan sucks. Read up on Keynesian economic theory and how it's only taught in school as an example of stuff that *doesn't* work.
The options can't be cashed until the loans are paid back but these bailouts were a bad idea in the first place. Maybe people will start listening to Ron Paul when the dollar collapses.
They aren't complaiining about the bailout--what this video is complaining about is the fact that Execs are giving themselves $2 million raises with the money; spending $2 million for management retreats in the Bahamas . . . that sort of thing.
Informed airborne373. cant u tell his headz up Obama's ass? He never mentions that, Obama is cousins with Cheney and that he is a member of the CFR!! He also neglects to mention that he voted for the patriot act and has no real experience. Socialism is the order of the day with these bastards BE AWARE!! LOL
Bankers can work at least 2-3x national avrg. so 2-3x salary there you go. They took on great risk for the potential of great returns, their purpose is to make money, we allow them to exist not because we like it when they make money but because they allow our capital to flow. Banks are PRIVATE businesses which means they can fail. Criticizing failing banks for wrecking the economy and making you jobless is like criticizing someone for not taking care of you, grow up life sucks.
Goldensilverman 1 year ago
@Goldensilverman Good work, kid. I'm sure they'll give you some of that free money for kissing their asses, won't they? Pays better better than actually going to college and learning how to produce something of value, amirite? Oh, those POOR billionaires, they're SOO misunderstood! They take on SO much RISK which is why WE have to pay for it when they screw up! Which means they don't take on any risk, but hey, why bother with sense? this is the land of the stupid, where everything's backwards!
JonasPlanck 6 months ago
what are you gonna do about it american party system sucks.
Mailb0x1 1 year ago
Wow! Too close to the truth. Sounds like a beat up from Fox.
seamoremonster 2 years ago
lol, the wall street executive gang are arguing that it will cause a 'brain drain' and there 'great' (ahem) talents will have to go elsewhere.
Where they going to, sir? Europe? I don't think so, we are having caps too so where you going to go away to? China? lol! :)
BVargas78 2 years ago 3
Brain Drain? Wouldn't that require their be some brains to drain?
Bonuses and saleries in the millions each sure doesn't seem to have kept the incompetants out. In fact, they clearly were running things.
I say we make a deal with them. IF they can make money without phony scams or ruining the economy AND WITHOUT using OUR tax money, they can pay themselves whatever they want.
booley 2 years ago 7
GO OBAMA GO!!!!!!!!!!!!!!!!!
Gosling3 2 years ago
Please donate generously to execs. Remenber the price of one lear jet could save an exec from a tragic attack of boredom.
Prunesqualer 3 years ago
I wish the limit had been lower. Then fewer execs would have been tempted to accept the corporate welfare pork that the stimulus package is composed of.
The stimulus will cost the economy net jobs.
freesk8 3 years ago
This comment has received too many negative votes show
Class warfare is an ugly thing.
Don't hate the players, brother, hate the game.
I'm sure these companies in trouble will finally be able to find really good leadership now that they can't actually pay them anything like a competitive salary...
How's that change workin' out for ya?
VerbotenDingleberry 3 years ago
"Class warfare! Class warfare! Ahhhhhhhhhh!"
Whine and lie. Whine and lie.
I suppose I could make a case that America's disparity in salaries and the fact that the US rates hardly above the 3rd world in such things as infant mortality are the real indications of class warfare.
Or I could point out that less than a month is hardly time enough to reverse the damage done by 8 years' worth of gross incompetence.
But you'd just whine and lie.
EyeLean5280 3 years ago 3
Nope, I'll just wait and laugh...
VerbotenDingleberry 3 years ago
Suit yourself.
EyeLean5280 3 years ago
I will.
VerbotenDingleberry 3 years ago
This comment has received too many negative votes show
When Palin becomes POTUS in 2012, she will undo what Obambi has just done onto the Wall Street Executives.
ecwaufisxtreme 3 years ago
Where was this attitude when Obama was urging everyone to support the first failed Bailout ? Remember that first bailout.... the one they said we had to pass or there would be dire consequences ? It's deja vu all over again.
JExecutiveOrder11110 3 years ago
good point, obama personally called up black congressmen and got them to change their vote. Its about time these fuckers were held to some sort of non-obscene salaries for taking OUR tax dollars because they *needed* a bailout so badly. Cool, that should also mean you get the government regulation that will come along with it.
bender183 3 years ago 2
this shouldn't even be an issue because the TARP funds aren't even constitutionally legal. Fuck Obama, Bush and anyone else that supports bailouts and stimulus plans!! This shit doesn't work!!!
Buckeyes1647 3 years ago
The new deal worked for Franklin D. Roosevelts so in theory the stimulus plans might work.
runkaballe 3 years ago 2
you brainwashed jackass, the new deal didnt do shit for america, it was WWII that pulled us outta the great depression. obamasiah's spending bill will only drive us further down into a much worse depression. can you grow your own food? have fun starving to death sheep!
asssface2000 3 years ago
Typical neocons. Since FDR helped us out of a depression, cons have to attempt to change history and lie about it. If the new deal didn't do sh=t, why did people vote him in four f-cken terms? You probably were not even born then, so don't act like you know what the new deal did. If the new deal was irrevant, why is social security, welfare, and other programs of his still around today? Why did republican president eisenhowar not remove the new deal plans, when he got into office?
sanjosethornton 3 years ago 3
you mindless zombie shitbag, the 2 party system is a hoax, a distraction for dumb fuks like you. every president has been working toward this regardless of dem/rep. why do you think that obama wont repeal any of the policies of bush's that make any difference? illegal wiretapping? we need more!!! close gitmo huh? yeah maybe years from now, more likely never. bring the troops home? forget it! restore the constitution? not a chance!!!
asssface2000 3 years ago
I from sweden our budget is still balanced and yes i grew up on a farm.
So where did that money come from in Ww2??
Increasing the cash flow threw the system do work, the problem is that has to end when the wheels starts to turn again.
Big parts of the crash was because people was spending money that didn´t exist, loans, real estate on crap that was produced in China. That why the money should be put in infrastructure, so the jobs and money stay in the country and not in China.
runkaballe 3 years ago 3
yeah too bad barry sotoro's stimulus bill is 93% spending and 7% stimulus. it wont create many jobs, a lot of the jobs wont be created for YEARS. we need jobs right NOW, or we are doomed.
asssface2000 3 years ago
Oh gawd, not another Keynesian. Dude, seriously, even the CBO came out with a report that says, long term, the plan sucks. Read up on Keynesian economic theory and how it's only taught in school as an example of stuff that *doesn't* work.
You can't borrow your way to prosperity.
Google "CBO long term obama"
VerbotenDingleberry 3 years ago
He helped give them the money in the first place.. and this will be easily bypassed.. So really Barack isn't doing a damn thing.
kojirodensetsu 3 years ago
But Obama just gave them trillions when he spearheaded the bailout.
cheeseaura 3 years ago 2
tarp is a joke, what a shit piece of legislation
Tuthill99 3 years ago
This is a smoke screen; the restrictions imposed on exec pay can easily be bypassed through other mechanisms (e.g. share options).
This gesture is mere window dressing; demagogic fakery if you will.
camb702 3 years ago
The options can't be cashed until the loans are paid back but these bailouts were a bad idea in the first place. Maybe people will start listening to Ron Paul when the dollar collapses.
undiesinabunch 3 years ago
He aint cappin anything he is giving out 3 trilla
dewkdogg 3 years ago
$500,000 dollars? heck i could buy a surround sound system with that, or something more useful.
CaptainMara 3 years ago
with that income they will have to fire the people who wipe their asses! DAMN, where is the humanity?
MISSBEBEBLUE 3 years ago 8
This is so contradictory. :P
Louisdagod3 3 years ago
some of these guys have several homes and ex trophy wives to maintain, how can they be expected to survive off a meesly half mill a year.
gymer15 3 years ago 3
This has been flagged as spam show
KingofSkull
Conspiracy=Two or more people secretly planning an illegal act.
airborne373 3 years ago
Comment removed
airborne373 3 years ago
Repukes are the only real enemies of the U.S.A.
dizzymasekela 3 years ago 2
You mean the TARP program Senator and presidential candidate Obama pushed through the house on the second vote?
Let's see Bush was for the bailout.
McCain is for the bailout.
Obama is for the bailout.
Hmmm.
Break free from the false left/right paradigm.
airborne373 3 years ago 4
They aren't complaiining about the bailout--what this video is complaining about is the fact that Execs are giving themselves $2 million raises with the money; spending $2 million for management retreats in the Bahamas . . . that sort of thing.
grnmessiah 3 years ago 5
Informed airborne373. cant u tell his headz up Obama's ass? He never mentions that, Obama is cousins with Cheney and that he is a member of the CFR!! He also neglects to mention that he voted for the patriot act and has no real experience. Socialism is the order of the day with these bastards BE AWARE!! LOL
ORACLE063 3 years ago
Haha, notice how Bush didn't seem to give a fuck? He was helping his buddies make bank!
Didums222 3 years ago 4