Barack Hussein Obama was just elected President and got there by claiming the Democrats care so much about “the poor.”
Like the 700 BILLION DOLLARS the Democrats are giving to The Banks and Wall Street. They are so concerned about those poor CEO’s and Bankers. We all know that money is going to be spread around with fat bonus checks for these guys.
Now the Democrats want to give another 50 BILLION DOLLARS to the Auto Makers? Are they poor? The average auto worker makes between $71.00 and $78.00 dollars an hour when you figure in their benefits. Those “poor” auto workers…
Democrats don’t care about the poor…they care about POWER. The power to take money away from working people and give it to fat cat CEO’s.
Today when the CEO’s for the Auto Makers were asked in a Congressional Hearing, how many of them had flown a Commercial Airline to get to the meeting…not one of them raised their hands.
I say don’t bail out anybody…at least not these pukes. Bail Out Main Street…not Wall Street.
Put some standards on CEO salaries. A CEO should not earn more than 10 times what the lowest paid person in their company makes. If you got somebody pushing a broom for $10 an hour, then the CEO’s should not make more than $100 an hour. This would encourage these CEO’s to get the wages up for their employees, so they could get more in their salaries.
This is how you “share the wealth” as Democrats have been saying. Will it happen? Nope. Because the Democrats don’t care about the poor…they care about POWER.
#1 by Flaming Liberal Josh! on January 18th, 2009
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This is actually one of the things I agree with you on, I don’t think we should be bailing out banks. Differently however, I don’t think we should be bailing out other companies either. In our country today, its easy for individuals to make mistakes and fail, but it seems that if your company gets big enough, they don’t want it to fail. I think big corporations should be allowed to fail and for new things to have a chance at entering those markets without competing with virtually-immortal companies. Basically, I think bail-outs give people the wrong kind of comfort-zone/safety-net and undermine the way capitalism is supposed to work.
Your idea of setting rules regarding corporate pay is similar to an idea I’ve talked with some friends and family for years – that corporate leaders should not be allowed to earn (including all kinds of benefits) more than X times the average pay of all their employees. Whether X be 10 or 15 or what the specific range should be I would leave up for debate/discussion, although I personally think maybe that max should be smaller than 10x. I think I like the idea of basing it on the lowest-paid employee, because once he/she is raised up, the next lowest would need to be raised up, so that there wouldn’t be an overly huge range of pay (in other words, people getting left behind little by little, all along the way), but alternatively, that might be difficult to set rules on since some employees may only be able to work part time because of school, kids, or something like that. So I think probably more than so many times the average pay of all employees would be sufficient to prevent CEOs from robbing the company and maybe easier to calculate and enforce.
In regards to it being all the Democrats fault, I disagree, I think there is plenty of corruption and blame to go around to almost everyone in Washington. But I digress. Technicalities aside, I think we have something we can agree on.