Sidney Poitier is quoted as saying Hollywood moguls should limit their salaries to $500,000. Does he ask the same of Oprah, media Courics, athletes, movie stars? He wouldn't dare.
On Feb 20, 2:56�pm, VT Sean Lewis <[email protected]> wrote: > Wall Street Still Doesn't Get It! > > February 20, 2009 > Sean Lewis > > Wall Street is upset about bailing out an > individual who was 'irresponsible' and over > extended themselves by buying a mortgage > on a property that had a variable rate and when > it reset it was after 13 plus interest rate adjustments. > > It doesn't matter that a wall street type advised > this person to take the loan. It doesn't matter > that a wall street firm approved the mortgage. > > No the fault is the unsophisticated and trusting > homeowner who believed those Wall Street types > advising them at a fee. > > Wall Street argues that it is wrong to give aid to > the homeowner but whine about the fact that if wall > street firms receive TARP money they have to be > accountable by reducing their pay and bonuses. > > The argument of course is that to keep the talent > that bankrupted the Wall Street firm in the first place > you have to give them a bonus to stay. my answer > to that is, where are they going to go? Thousands > are being fired and there are fewer firms left.There > aren't any jobs out there to go to! > > No wall street thinks that they are entitled to their > bailout but the ones bailing out wall street are not > entitled to their own bailout. > > Main Street must be held responsible and must be > punished for their irresponsible finances, but Wall > Street should not be accountable and should not be > punished and in fact by action of how the TARP > money was used to pay unearned Bonuses, REWARDED! > > Like I said, Wall Street Just doesn't get it! --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
