Congressman Kanjorski: Federal Tax Dollars Are 'Free Money' I wonder if he included the free federal money in the bailout Congress is working on. In the video he states " I don't think the rules should have any attention paid to it because in the Congress we have our own rules."
Foggy would say "NO, no, no you're doin it all wrong, I gotta straighten this lad out. Thing like this could warp his mind for life." Paul are you kiddin me. How can you believe I have trust in you to oversight the recovery when you feel the rules shouldn't have any attention paid to them.? No wonder your financial services buddies got themselves into the worst financial disaster since the Great Depression.
1 comment:
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Recently an insurance company nearly wind up....
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A bank is nearly bankrupt......filing chapter 11 protection.
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How it affect you? Did you buy insurance? Did you buy mini note or bonds?
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Who fault?
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They bailout trouble finance company, but they will not bail out your credit card bills…….Should they have use the bail out $$ to pump into all different industries instead ……You got no choice, and no point pointing finger but you can prevent similar things from happen again……
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Are you a partisan?
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Since the bailout already done, the question now is besides letting the economic back on track, what regulation should be done to prevent similar things from happen again…..
Eg.
The top management of the Public listed company ( belong to "public" ) monthly salary should be tied a portion of it to the shares price ( IPO or ave 5 years ).... so when the shares price drop, it don't just penalise the investors, but those who don't take well care of the company.....If this rule is pass on, without any need of further regulation, all industries ( as long as it is public listed ) will be self regulated......because the top management will be concern about their own pay check…… Instead of spending big money on hotel stay and luxury function……..
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Whenever anywhere, anytime, there is election campaign.....We can use this to question your candidate there….. if you agree on my point, please share with many people as possible.... Finance and Media are the two only industries can shaken politics ( Maybe Hackers can ), please help to highlight also...
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http://remindmyselfinstock.blogspot.com/
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