In which we like the message here.
Sep. 26th, 2008 06:54 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
I've made no secret of the fact that I'm (in general) a social liberal and economic near-conservative. I think people should have the right to do what they want, as long as they're willing to be responsible for the results of their actions. Unfortunately, the richer/more powerful you are, the less likely that "responsible for your actions" seems to hold true.
Stocks fall but Exec Pay Doesn't (From April of this year)
Ailing WAMu pays millions to ousted/new CEOS (From September of this year)
http://abcnews.go.com/Business/Economy/story?id=5876413 (notice some familiar names here?)
This coupled with the fact that CEO payouts are apparently perfectly acceptable as part of the proposed 700 BILLION dollar bailout*? Yeah, I'm thinking a bit of responsibility for actions and choices is long overdue.
* Does that seem like a really big number to you? Apparently it does to the Treasury as well, as Forbes.com quoted one Treasury spokeswoman as saying: ""It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."
Time for someone who's REASONABLE about what's good for those of us who are worried about keeping our house, not just those who can't remember how many houses we have? Yes.
Time to quit relying on off-shore/over-seas/other-folks to bail us out, provide our fuel, make our stuff, buy up our debt? Yes.
Time for a change? Yes.
Stocks fall but Exec Pay Doesn't (From April of this year)
Ailing WAMu pays millions to ousted/new CEOS (From September of this year)
http://abcnews.go.com/Business/Economy/story?id=5876413 (notice some familiar names here?)
This coupled with the fact that CEO payouts are apparently perfectly acceptable as part of the proposed 700 BILLION dollar bailout*? Yeah, I'm thinking a bit of responsibility for actions and choices is long overdue.
* Does that seem like a really big number to you? Apparently it does to the Treasury as well, as Forbes.com quoted one Treasury spokeswoman as saying: ""It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."
Time for someone who's REASONABLE about what's good for those of us who are worried about keeping our house, not just those who can't remember how many houses we have? Yes.
Time to quit relying on off-shore/over-seas/other-folks to bail us out, provide our fuel, make our stuff, buy up our debt? Yes.
Time for a change? Yes.