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Dan Mitchell discusses the 100 Million Dollar Man

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Uploaded by on Jul 28, 2009

Discussing whether one of Citi's top traders should get his bonus even though 34 percent of the company stock is essentially owned by taxpayers, with Christian Weller, Center For American Progress; Daniel Mitchell, CATO Institute

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News & Politics

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Top Comments

  • Dan is the man!

  • What is with all the people who think it's horrible to give millions to a guy who made a company loads of money? The government should stay the hell out of the private sector.

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All Comments (32)

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  • Daniel Mitchell for President! Please lord grant that one wish before I die!

  • @XCritonX Amen!

  • Mitchell smokes em again!

  • One smart person is worth a 1000 idiots. Those bottom of the barrel, to stupid/unskilled, to find a job on their own, unemployed traders would sink the company.

    As an entrepreneur I link pay to performance. It works every time. Every successful company in the world links pay to performance.

    NOTE: If you want short term performance, link to that. If you want long term performance, than structure your rewards to link to the long term performance of the company.

  • You're right. If you haven't already, you should read an essay by Ludwig von Mises called "Middle-of-the-Road Policy Leads to Socialism."

    He makes basically the same point as you and explains why it's inevitable that this is so.

  • Rofl, this idiot wants to force Citigroup to fire a guy making 700 million a YEAR and instead hire a bunch of unemployed traders for half the cost...?

    What does he think will happen in that scenario?

  • pythos82 "any one thing that's being done by itself could be dismissed. . ." That, oddly enough, is what gives me ----(word that lost all meaning in 2008). I would think the *way* to pull off their agenda would be to extinguish one sliver of freedom at a time, so no one notices. It's too fast. This house of cards has got to collapse.

  • Dan for Treasury Secretary.

    This dude is so politically incorrect but does it so well. I can only marvel at his skills.

  • Carolyncriss - It's definitely starting to feel like every morning I'm waking up in crazy town. Any one thing that's being done by itself could be dismissed as nothing major. But taking everything as a whole, it's getting to be crazy. And we're only 6 months in. Hopefully 2010 brings real "change".

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