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A.I.G. -- what gall!
Message
From
18/03/2009 10:58:09
 
 
To
18/03/2009 10:50:21
Walter Meester
HoogkarspelNetherlands
General information
Forum:
Finances
Category:
Other
Miscellaneous
Thread ID:
01388473
Message ID:
01389133
Views:
33
>>Yes, I know that.
>>But don't you think they're just grand standing here just a little bit?
>
>I think it is important to change the attitude of people and bannishing greed, because that is the root of all evil causing this crisis.
>I would be a forestander of hanging pictures of those greedy on each and every corner displaying them as criminals. They really should be asshamed, forced to admit guilt and withdraw from having bonusses.
>
>>Who really cares about the 165 mIllion when they just spent hundreds of million of porkon the so called stimulus packages.
>>Is there anyway we can recoup the money on pork?
>>It least we know where the 165 Million went. We have no idea where the other billions are going.
>
>To me there is no doubt that the stimilus package is important. Without it the US will be in a lot more trouble. Two of the three car manufacturers would go broke, lots of banks and other financial institutes will go broke. And that will cascade into other critical business and eventually down to joe average. The US will fall flat on its face when you allow those corporations/institutes to fall over.
>
>Obama, has expressed the intention to listen to the experts irregardless of their political colour rather than blindly follow your guts or idealogy (Bush), so I put a lot more trust in him.

Hes expressed a lot of things. So far, I don't think he's listen to anyone except to his little group of friends.
If he knew what he was doing why didn't he.... never mind Walter, never mind.


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>>
>>>Sam,
>>>
>>>It is not the amount. It is just that the bad guys who are responsible for this mess can get away with $165M, even after the government bailed them out. It is just about the bad taste and the message to the taxpayers.
>>>
>>>BTW, this same issue plays at a dutch bank. Our PM, essentially said the same as obama: No-one can justify that at a bank that was bailed out by the government millions of $ still has to be paid for bonusses to the people who are responsible for the mess in the first place. Several top managers have volentary returned their bonusses, but esspecially this group did not. It is a perfect example of the greed that put the financial sector and the whole economy down.
>>>
>>>It is about the message, not about the amount.
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>>>>>>>>I don't see why the lawmakers are making so much fuss over mere 165 million. They just flushed over 1 trillion down the toilet and they're worried about 165 Million?
>>>>>>>
>>>>>>>This is why I have limited interest in batting this back and forth, the assumption / attitude that the money spent is all flushed down the toilet. Life really is too short.
>>>>>>
>>>>>>Ok it's not just 1 trillion. It's POTENTIALLY over 3 trillion$$... plus whatever after shocks it may cause... devaluation of the dollar, hyper-inflation more unemployment....
>>>>>
>>>>>I didn't mean the amount, I meant the position that it's being "flushed down the toilet."
>>>>>
>>>>>Have a great day,
>>>>
>>>>ok, I apologize. I admit I was being an a$$.
>>>>But you gotta admit 165 million is nothing compared to all the pork that were in the stimulus packages.
>>>>
>>>>Have a good day Mike.
The American Republic will endure, until politicians realize they can bribe the people with their own money.
- Alexis de Tocqueville

No man’s life, liberty, or property is safe while the legislature is in session.
– Mark Twain (1866)
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