"Don't you hope Obama succeeds?"

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Originally Posted by ahctlucabbuS

You're still at it I see.

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As are you.

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Originally Posted by ahctlucabbuS

Applause!

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I'm sure you'll be shocked to learn I have no problem with Obama's little announcement; a business having received a government bailout should regard itself as having been co-opted by government auspices, and so, much less guided by capitalist dogma.

Socialist businesses should pay even executives a socialist wage.

This is not to say I hope these businesses fail; I do not.

I am perhaps more appalled than even you at the "golden parachutes" enjoyed by failed executives; it offends my capitalist tendencies to see poor efforts/results rewarded at all, much less so handsomely, and further, by means of what amounts to a guaranteed contract.

On the other hand, I would like to see a system by which an utterly failed executive is severed/fired with no compensation whatsoever.

I am sure you would argue that last is unfair to the executive, who is at bottom just another worker.

Everyone makes mistakes, you shouldn't be rewarded for it, I agree.

Neither should you be fired for making a mistake.. but should if your found to make so many mistakes that your inefficient. Thats business.

I also belive that if a Bank is in public ownership, then the executives should only be paid what other Civil Service executives are paid. If they are good enough to pay off the Exchequer early and buy themselves back, then fine, they will then be in a position to show good performance and go back onto a Private Sector wage.

Stuff 'em, they're now glorified Civil Servannts.. pay 'em as such. No Civil Servant gets paid anywhere near the limit that Obama has set... its Far too Generous. The arguement that they have to pay the going rate has gone.. If they dont like it, get a job in one of the other finance houses.

Then call it social democracy, Obama-style, and start criticizing him, ffs.

I just did, didn't I?

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Originally Posted by Rat Faced

I just did, didn't I?

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By golly, you're right.

First I've heard that - slipped right by me.

Well done, sir.

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Originally Posted by j2k4

Then call it social democracy, Obama-style, and start criticizing him, ffs.

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Your people used to say that Bill Clinton the best president ever, was a socialist, damn were you wrong.
Don't you republicans have something better to do, other than wasting your time with crap like socialism? Stop been babies already, you lost the election on the presidence, on the senate, on congress, do you need something to suck on?
It will be only 8 years and this time I promisse you, he won't bankrupt america more than it is, Bush made sure nobody could screw worst than he did. Do you want a lollie pop?

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Originally Posted by pentomato

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Originally Posted by j2k4

Then call it social democracy, Obama-style, and start criticizing him, ffs.

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Your people used to say that Bill Clinton the best president ever, was a socialist, damn were you wrong.
Don't you republicans have something better to do, than wasting your time with crap like socialism? Stop been babies already, you lost the election on the presidence, on the senate, on congress, do you need something to suck on?

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I don't know what to say.

Really.

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Originally Posted by j2k4

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Originally Posted by pentomato

Your people used to say that Bill Clinton the best president ever, was a socialist, damn were you wrong.
Don't you republicans have something better to do, than wasting your time with crap like socialism? Stop been babies already, you lost the election on the presidence, on the senate, on congress, do you need something to suck on?

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I don't know what to say.

Really.

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Your problem as every republican is that you guys talk and talk and never say anything, wait, that's the definition of insanity.
what about that lollie pop?

Socialism can't be that bad, when Bush never cared about the poor going broke, frozen without heat here in the north east, and Hugo Chavez Venezuelan's president gave oil to poor neighboorhoods in the United States, so your argument about socialism tells me that socialists help the poor and capitalists do not give a damn about the one's that need help the most, could it be that only exxon mobile and company had Bush in their pockets and those are the ones that benefit in capitalism?

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Originally Posted by pentomato

Socialism can't be that bad, when Bush never cared about the poor going broke, frozen without heat here in the north east, and Hugo Chavez Venezuelan's president gave oil to poor neighboorhoods in the United States, so your argument about socialism tells me that socialists help the poor and capitalists do not give a damn about the one's that need help the most, could it be that only exxon mobile and company had Bush in their pockets and those are the ones that benefit in capitalism?

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Socialism can be that bad.

There are poor that go broke that don't bother to put in the work to stay afloat. You have those busting their asses to make ends meet and those that only look for handouts.

I still think capitalism is best. It spurs innovation and a sense of accomplishment. Work harder, make more money.

The problem is that like any government, proper laws need to be in place to curb crap in the system. Unchecked capitalism can lead to abuses just like any unchecked power.