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Thread: U.S. Plans to Curb Executive Pay for Bailout Recipients

  1. #21
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    Re: U.S. Plans to Curb Executive Pay for Bailout Recipients

    Read the Bailout Project.

    Reading the Stimulus - TIME
    I'm Finding it Harder to be a Gentleman, White Stripes ~ "You think I care about me and only me. When every girl needs help climbing up a tree."

  2. #22
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    Re: U.S. Plans to Curb Executive Pay for Bailout Recipients

    Read it.

    Still: "If the Government will recoup these funds, then it is wrong to tell the Companies how they can spend it."

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    Re: U.S. Plans to Curb Executive Pay for Bailout Recipients

    Quote Originally Posted by Coolguy View Post
    If the Government will recoup these funds, then it is wrong to tell the Companies how they can spend it.
    If you loaned someone money to pay off their utilities then should that person use that money that you loaned them to by video games,beer and smokes instead of actually using it all to pay of their utilities? If you borrow money from a bank to buy a house then are you not expected to buy a house instead of a car?
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

  4. #24
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    Re: U.S. Plans to Curb Executive Pay for Bailout Recipients

    Quote Originally Posted by jamesrage View Post
    If you loaned someone money to pay off their utilities then should that person use that money that you loaned them to by video games,beer and smokes instead of actually using it all to pay of their utilities?
    Should they? Sure.
    Must they? No.
    I would be disappointed with them, but I am not a control freak. Once I loan someone money, what they do with it is up to them.



    Quote Originally Posted by jamesrage View Post
    If you borrow money from a bank to buy a house then are you not expected to buy a house instead of a car?
    I believe a straight up home loan is somewhat of a different animal.

    It is common advice that when seeking an unsecured personal loan, to have a better chance at being approved, is to seek the type of loan the bank is pushing at the time.
    Once received it is up to you what you do with it. There is no requirement that you spend it on what you sought it for. A person simply changed their mind.

    As for the bailouts.
    They were given/loaned/backed to cover their expenses, were they not?
    The contractual salaries and bonuses are part of those expenses.

  5. #25
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    Re: Cautiously Capping Executive Pay

    Quote Originally Posted by WillRockwell View Post
    Most of those guys literally could not live on $500,000. Their nut is over a million.
    And you know this how? I thought so.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  6. #26
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    Re: U.S. Plans to Curb Executive Pay for Bailout Recipients

    Quote Originally Posted by dirtpoorchris View Post
    I could see maybe if they threw in a curve-ball and made it so they can only get 500,000 max a year in general. Good luck paying for you multimillion dollar mansion with 500,000. If only... That would be sweet.
    I don't think any more foreclosures would be sweet no matter who it is.
    Quote Originally Posted by soccerboy22 View Post
    You guys are weird.

  7. #27
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    Re: U.S. Plans to Curb Executive Pay for Bailout Recipients

    Well then what the hell do you think is going to happen when the majority of people didn't or don't want these strong arm robbery bailouts or stimulus or whatever the hell you want to dress them up ass. Then, after happening against their will, it goes to bull****... What are you supposed to do? Time to start learning how to make batman armor and his gadgets.
    I'm Finding it Harder to be a Gentleman, White Stripes ~ "You think I care about me and only me. When every girl needs help climbing up a tree."

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