scapegoats
Posted: Mon Mar 23, 2009 2:32 pm
The Back Alley Archives
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scapegoats
https://alligatorunderground.com/backalley/viewtopic.php?t=6196
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scapegoats
Posted: Mon Mar 23, 2009 4:27 pm
Even without getting into all the other crap, why are people so up in arms over a couple of hundred million when we're really getting fleeced for several hundred billion?
I heard on the radio that people didn't want to "reward AIG execs for bad behavior." No shit. Why doesn't that apply to AIG as a whole and all the other companies that are being bailed out?
Now I hear that the powers that be are trying to find a way to limit executive pay, even for companies that didn't accept bailout money.
Furthermore, if they can retroactively tax the bonuses of folks who lawfully contracted for those bonuses, what's to stop them from doing the same to me?
What the fuck is happening to my country?
I heard on the radio that people didn't want to "reward AIG execs for bad behavior." No shit. Why doesn't that apply to AIG as a whole and all the other companies that are being bailed out?
Now I hear that the powers that be are trying to find a way to limit executive pay, even for companies that didn't accept bailout money.
Furthermore, if they can retroactively tax the bonuses of folks who lawfully contracted for those bonuses, what's to stop them from doing the same to me?
What the fuck is happening to my country?
scapegoats
Posted: Mon Mar 23, 2009 5:17 pm
the whole AIG thing, the whole chris dodd saying i didn't have anything to do with it and then saying he did but didn't know what the content of the agreements were, the whole congressional hearings exercises, the whole 'let's cap salaries' stuff, the whole 'let's tax bonuses' effort, the whole plan by the administration to go out of their way to publicly chastise wall street is nothing but a BIG DIVERSION.
the cartoon is spot on imo.
the cartoon is spot on imo.
scapegoats
Posted: Mon Mar 23, 2009 5:29 pm
It really is just populist propaganda and I'm getting sick of this administration creating policy based on it being popular. I mean, yeah, bad for you guys for giving away this money that was contractually due to these people, but other than telling them that they are bad people, the gov should be thinking about other things.
scapegoats
Posted: Mon Mar 23, 2009 6:59 pm
If we're going to be going around abrogating contracts, why not start with the unconscionable and fraudulently induced contracts (namely CDS) that these companies reported magical profits off of without ever planning to be able to actually pay their obligations?
Oh, wait. It's because there's nobody in the administration who has both an understanding of these instruments and a pair of balls (LOL it's the one time activist judges and policies just might come in handy!). This is why we're fucked.
Oh, wait. It's because there's nobody in the administration who has both an understanding of these instruments and a pair of balls (LOL it's the one time activist judges and policies just might come in handy!). This is why we're fucked.
scapegoats
Posted: Tue Mar 24, 2009 7:48 am
The Masters of the Universe sure did turn into whiny little bitches quick, didn't they? I'm shocked. "Whaaaaahhhhh, you're so mean to us!!!! We're such victims!!!!!"
Fuck them.
Fuck them.
scapegoats
Posted: Tue Mar 24, 2009 8:06 am
I right clicked that cartoon and saw it came from some outfit calling itself "American Thinker." Oh, the irony!
I went to their site and saw they have GMAC as one of their top advertisers. Irony overload!
Seriously. The stupid. It burns.
I went to their site and saw they have GMAC as one of their top advertisers. Irony overload!
Seriously. The stupid. It burns.