06-02-2009, 01:30 AM
Welcome to the forum Simon.
Theatre politics if you like. Gestures for public consumption as the general public is getting pretty tired of the continued trough swilling by the financiers. I can't see that there wont be a way found around this. Most people I know would be able to scrape by on $500,000 per year but not all apparently. If it is not enforceable in law and spirit it really isn't worth anything. And in any case is over and above their already more than adequate salaries.
If Obama wants to talk common sense them the whole system must go as it is not sustainable, ethical, or even useful (to the majority that is).
Common sense says you can't make money from nothing.
Common sense tells me that Obama is just dog whistling to the boys to keep the noise down a bit so the party can go on and on and on. Other wise the neighbours may come over and pull the plug and tip the kool aid down the sink.
Theatre politics if you like. Gestures for public consumption as the general public is getting pretty tired of the continued trough swilling by the financiers. I can't see that there wont be a way found around this. Most people I know would be able to scrape by on $500,000 per year but not all apparently. If it is not enforceable in law and spirit it really isn't worth anything. And in any case is over and above their already more than adequate salaries.
Quote:We're asking these firms to take responsibility, to recognize the nature of this crisis and their role in it. We believe that what we've laid out should be viewed as fair and embraced as basic common sense.No point asking them politely to take responsibility for their role in causing the crisis. They will never do that. Look at the responsibility shown by them up till now. None. They must be made to take responsibility and they must be made to give up control of the money market. They asked for no regulations. They got no regulations. We have seen how they can't manage a shit in a toilet. There has to be regulation, accountability and transparency. There must also be serious consequences for breaches of law and trust. Big financial penalties and long jail time.
If Obama wants to talk common sense them the whole system must go as it is not sustainable, ethical, or even useful (to the majority that is).
Common sense says you can't make money from nothing.
Common sense tells me that Obama is just dog whistling to the boys to keep the noise down a bit so the party can go on and on and on. Other wise the neighbours may come over and pull the plug and tip the kool aid down the sink.
"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx
"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.
“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.
“I think it would be a good idea” Ghandi, when asked about Western Civilisation.