It’s been frustrating to watch the US Government take steps to help failing financial companies Get Out Of Jail Free.
On the one hand, I’m no idiot, and I understand the logic of Too Big to Fail.
But there ought to be a middle ground between taking the American economy down and getting away scott free. I think there ought to be really strict conditions for government bailouts that cost taxpayers $25 billion dollars.
For example, company executives should have to pay back all bonuses from the past three years.
Basically, I’m not OK with anyone at the company making over $150,000 per year all told over any of the previous three to five year period.
{ 0 comments… add one now }