[USML Announce] Socialized Risk, Privatized Profit: No Bonus For Me, Baby

[Brad Jansen]

Today's thoughts:
Hey, if all those greedy SOBs at AIG have to worry about these days is other
folks' "jealousy," they should be happier than pigs in shit.

As a public sector employee, I don't get bonuses, but gee in the private
sector aren't bonuses supposed to be based somewhat on performance. I mean,
*good *performance?

Mark, I appreciate your concern about gov't getting involved in managing a
business, (especially since AIG Financial Products did such a great job
managing itself), but as a fellow taxpayer watching our tax dollars
subsidize a bottomless sinkhole created by some financial "geniuses" I for
one am more troubled by the fact that I've become an involuntary shareholder
in a business run by insiders now charged with the task of fixing the mess
they created.  And I am watching my country's future "managed" by these
self-dealing insiders who build nothing, create nothing and care about
nothing except turning money into more money (and now are using mine as
well).  Screw 'em.

And, by the way, you're dead wrong about Morrow, too.



Oh, April Fools. Just kidding. Really. Some of my best friends are hedge
fund managers.



On 4/1/09, springkerb at aol.com <springkerb at aol.com> wrote:
>
> You won't get much of a fight out of me on this one, Bhudda.  I'm OK in
> principal with the gov't restricting bonuses, etc., when they are bailing
> companies out, but if they do it too much they won't attract the talent
> needed to make these companies viable again.  And, when the gov't starts
> getting directly involved in managing a business, that business is as good
> as dead with or without bailout money.  I'm generally more of a libertarian
> than a true liberal.
>
> Mark
>
>
> -----Original Message-----
> From: Bbuddhas at aol.com
> To: announce at usml.net
> Sent: Wed, 1 Apr 2009 12:02 am
> Subject: Re: [USML Announce] USML Today: Who's Up, Down and Holding Steady
>
>  no no   this socialism thing is really working well......i was wrong
> Go get those AIG guys....and the TARP recipients too!!!!!!
>
> A Rasmussen poll (taken in these United States of America) said 30% think
> the Federal Government should enact a law that caps athletes and
> entertainers pay at $1 million........... 36% think executives pay should be
> capped at $1 million....... that's what this country was built
> on....jealousy.
>
> I think that Mickey Robinson's squeeze liked to quote Lincoln....try this
> one
>
> *I don't believe in a law to prevent a man from g etting rich; it would do
> more harm than good. So while we do not propose any war upon capital, we do
> wish to allow the humblest man an equal chance to get rich with everybody
> else.*
> --March 6, 1860 Speech at New Haven, Connecticut
>
> OR
>
> "Property is the fruit of labor...property is desirable...is a positive
> good in the world. That some should be rich shows that others may become
> rich, and hence is just encouragement to industry and enterprise. Let not
> him who is houseless pull down the house of another; but let him labor
> diligently and build one for himself, thus by example assuring that his own
> shall be safe from violence when built."
> -- March 21, 1864 - Reply to New York Workingmen's Democratic Republican
> Association".
>
>  In a message dated 3/31/2009 9:12:30 P.M. Central Daylight Time,
> springkerb at aol.com writes:
>
>
> *Republicans: *   Because at the end of the day, you know he's right.
>
>
> Way right.
>
> announce mailing listannounce at usml.nethttp://lists.usml.net/mailman/listinfo/announce
>
>
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