I see your point, but that screams a little to much socialism. lets not go after the people, lets reduce the government by getting rid of overpaid useless bureacracies. That would save billions.
If I liquidated my portfolio, and I made 50 million on it, does that mean I could only keep 3 million? What would be the point of working hard, studying, or becoming successful?
If the government can seize assets, we are all in trouble!
Pass an austerity package to turn the banks into utilities, like power companies. Allow the stockholders to earn between 3% and 7% per year.
For a serious recession, seize the assets of the 20 largest banks entirely, including the assets of their CEOs and high paid employees, leaving each with a maximum of between $1 million and $3 million.
Example; Henry Paulson sold his stock in Goldman Sachs for $500 million. Under these austerity measures, he would only be allowed to keep $3 million.
@Rockguitarnow
I see your point, but that screams a little to much socialism. lets not go after the people, lets reduce the government by getting rid of overpaid useless bureacracies. That would save billions.
If I liquidated my portfolio, and I made 50 million on it, does that mean I could only keep 3 million? What would be the point of working hard, studying, or becoming successful?
If the government can seize assets, we are all in trouble!
Gregolomaniac 1 year ago
Pass an austerity package to turn the banks into utilities, like power companies. Allow the stockholders to earn between 3% and 7% per year.
For a serious recession, seize the assets of the 20 largest banks entirely, including the assets of their CEOs and high paid employees, leaving each with a maximum of between $1 million and $3 million.
Example; Henry Paulson sold his stock in Goldman Sachs for $500 million. Under these austerity measures, he would only be allowed to keep $3 million.
Rockguitarnow 1 year ago
Great Job! In Solidarity from the Angry Tired Teachers band.
angrytiredteachers 1 year ago
Where did all the money go?
jagmorr 1 year ago