Comments on: AIG Execs Splurged On English Hunting Trip
$86,000 Tab Latest Executive Expense Revealed After Bailed Out Insurer Got $37.8B Fed Loan
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- All the while, the wealthy are buying luxery items at an alarming rate. Multi-million dollar yachts and mansions, sports cars for preferred customers, jewelry with six figures are selling as fast as they can be made.
Posted by cbsfan731 at 10:17 PM : Oct 15, 2008
Yep, those bailouts are WORKING FINE.
The wealthy fat cats are FEELING NO PAIN.
It''s only the rest of us... - Reply to this comment
- It''''s really strange how our president encourages us to spend money.
Posted by cbsfan731 at 09:55 PM : Oct 15, 2008
He''s still clinging to the defunct "trickle down" theory. He seems unaware that "trickle down" doesn''t work when THE BUCK STOPS at the top executives'' pockets and STAYS THERE.
He seems unaware - or IS HE???? - Reply to this comment
- Looks like history teachers will have to change their mantra.
From now on, it''s "Those who fail to learn from history are destined to become successful business leaders and members of Congress and suffer no punishment whatsoever for dooming the rest of us to repeat it."
Not quite a catchy, but more accurate in these modern times. - Reply to this comment
- The bailout legislation is not about the rescue of some banks due to the fall
of the subprime loan market, although that is what it is presented as.
What this legislation does is two things: One is hand over 700 Billion
Dollars to already wealthy individuals who own those subprime bonds and
repossessed properties, and the Second is the establishment of a
"bureaucracy of the Economy", or convert the US Economy to a branch of
the government.
This begins the nationalization of the US Economy and the end of the
American Free Economy. Since about 1800 to 1880 the Government of the
United States has been converted, without the approval or consent of the
American People (and mostly without them even comprehending the change)
from a Republic to a "Democracy" (aka, "mob, or political party, rule")
to Socialism. The next Change will be to "Plutocracy" (aka, "mob
dictatorship") and part of a One World Government, then a One World
Dictatorship when Satan takes possession of that one man.
Soon, too soon, we will have a One World Government, a One World Economy
and a One World Church.
Prophecy fulfilled in your lifetime. Daniel 7:2-7, Revelation 13:1-2.
His witness
Acts 1:18, Rev 11:2-3 - Reply to this comment
- The company said last week it would stop "all non-essential conferences, meetings and activities that do not clearly maximize value and service given the current conditions."
Wait - after all the bad press over the California resort trip, it took them until LAST WEEK to change company policy??????
If it takes them this long to respond to changing conditions, how well can they MANAGE THEIR CUSTOMERS'' MONEY??? - Reply to this comment
- It is an important part of social Darwinism to have bad managers go bankrupt and find other jobs. We should let these people suffer pain and find new jobs where they can be productive instead of wasting billions of dollars taken from responsible people.
Posted by random_radar at 09:42 PM : Oct 15, 2008
Hey, careful now. That sounds almost like taking RESPONSIBILITY and ACCOUNTABILITY.
You know fat cats make their careers out of AVOIDING those things.
Especially when so many of them are BABY BOOMER BRATS these days.
Those kind of ideas are REALLY UNPOPULAR among Baby Boomers. - Reply to this comment
Fiddling while Rome burns...- Reply to this comment
- The reason businesses fail is that they are mismanaged. Bailing them out just keeps the incompetent people running the company into the ground. No business is too big or important to save if it is badly run.
It is an important part of social Darwinism to have bad managers go bankrupt and find other jobs. We should let these people suffer pain and find new jobs where they can be productive instead of wasting billions of dollars taken from responsible people. - Reply to this comment
- But NOOOOOOOO! Don''t ever tax these guys, because, because, because if you tax the rich executives using our tax dollars to go on lavish trips then where will the working poor get jobs?
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- "We regret that this event was not canceled,"
Yeah, I''m sure...you regret it all the way to the bank. - Reply to this comment
- Who gives a *** when the trip was planned? These jerks have no shame. The government should put a lien on their income and freeze their bank accounts until they have repaid their debt to US, the taxpayers.
- Reply to this comment
- The stock owners allow this to happen
- Reply to this comment
