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Posts: 3,665
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Join Date: Dec 2005
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Vader, Agreed. What they need to do with these business execs is, every time they run a company into the ground, have the IRS come in and fine them or levee a tax on them...let's call it a "better Business tax" until all they can afford is to live in a trailer, drive a hyundia, and hold business lunches at McDonald's the rest of their lives! It should be that no matter how much they make in their lifetime, they have to give it all back to the government until the damage they did is paid for!
For too long we have allowed fat cats to run multi-million dollar corporations into the ground and walk away with a seven figure severance package. What the hell? A kid cusses out or over charges a customer at McDonalds, he's out on his @$$ in a heartbeat, but these guys lose billions and then get a reward? WTF is that? And this isn't the first time crap has gone bad! Remember the Savings and Loans Scandals? And the Junk Bonds? Enron? World Comm? What the hell does the finanace department do to ensure these guys are playing by the rules? Nada! But they jump in with Millions to help them when $hit falls through the cracks! How about spending that money where we need it? Oversight and monitoring?
And the worst part is, the banks aren't the only ones guilty! All these speculators seeing "flip this house" and all those other "make money flipping real estate" reality shows and encouraging people to go hog wild buying up property, knowing that driving the cost of housing up will only make it unfordable! Dumb@$$es! They should all be tried, found guilty, taken to the steps of the capitol building in Washington D.C. and executed by firing squad on national television!
And the oil Companies are no better! They make $36 Billion a quarter in PROFITS!! And they say they need it due to the cost of refining and processing. Well, I'm NOT business savvy, but I did take business 101 in college and they said PROFIT is what is left over AFTER all your expendatures...to include refining and processing! I have an idea, why don't we make the oil companies bail out the banks? it would only take them about 5 years to make up the $700 billion!!
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