Wednesday, September 24, 2008
Limit Compensation for bailout CEO's
The Senators are calling for a limit on the compensation paid to the CEO's of the companies that are requiring this bailout. Why stop there? I've always said that we need to cap the amount paid to every one at $5 million. If you can't live well on that amount of money, I think that you need a little chat with a shrink. I am sick of these people being paid so much. Do you hear me pro athletes, musicians, and CEO's? They should have a cap put on them. Invest the rest of the money in the company or charities of your state, city, or country. Make the offshore tax shelters a treason crime with a mandatory sentence of 20 years in a federal prison of violent offenders. No classy prison of ease for you! Do I have your attention now? Just think how much money would be put back into the economy by this plan. Make chairities required of all Fortune 500 companies. No company can donate to the same chairity that another donates to. Education donations would see a 100% tax deduction. Maybe we would get better quality educations from our schools with this better funding. With $5 million you just might have to be taught how to budget your money. Make you more responsible for your actions. No government bail out for you. I am against this bail out no matter what cost or results occur for it's failure. It's the lesson we and the rest of the world need to learn so we can legislate what we do not want the financial sector to do again. Maybe then you will realize what my plan has for merits. It's not just us that feels this failure, it's the whole world. Let us do what we preach to others and let the market play out with no interference from the government or bail out from our wallets. Let's make financial responsibility be the guiding force of our economy not GREED. It would be a hard lesson, but it would be the best lesson. That's just Kidworks Just sayin.
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2 comments:
but i want to make more than $5 million. a lot more. what about me?
Get an appointment with a shrink. Maybe also be sentenced to 20 years in a facility sitting next to a guy that is knitting something that isn't there. No exceptions for family, friends, or anyone else! Fair and equal to all!!!!
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