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Thread: Goldman, JPMorgan Won’t Feel Effects of Executive-Salary Caps

  1. #11
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    Re: Goldman, JPMorgan Won’t Feel Effects of Executive-Salary Caps

    9th ward currently:


    How the "other half" lives:




    'nuff said.
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  2. #12
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    Re: Goldman, JPMorgan Won’t Feel Effects of Executive-Salary Caps

    I wonder why the Democratic Mayor and Governor were unable to protect their own residents. I wonder why the Democratic-controlled levy districts were unwilling to spend that federal largesse to ensure that the levy system was capable of protecting those residents. I wonder why the Democrats are so upset at federal officials and banking leaders for the devastation wrought by Katrina and that their own elected officials could not effectively prepare for nor respond to.

    Just wonderin'...

  3. #13
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    Re: Goldman, JPMorgan Won’t Feel Effects of Executive-Salary Caps

    Quote Originally Posted by JMak View Post
    I wonder why the Democratic Mayor and Governor were unable to protect their own residents. I wonder why the Democratic-controlled levy districts were unwilling to spend that federal largesse to ensure that the levy system was capable of protecting those residents. I wonder why the Democrats are so upset at federal officials and banking leaders for the devastation wrought by Katrina and that their own elected officials could not effectively prepare for nor respond to.

    Just wonderin'...
    So now this is a democrat thing? Silly me, I thought we were talking about goldman sachs.
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  4. #14
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    Re: Goldman, JPMorgan Won’t Feel Effects of Executive-Salary Caps

    If a company takes money from the government knowing what strings are attached, then they should accept the strings.

    However, if the government gives them money and then, after they've done it, say "oh, yeah, here are the strings we didn't tell you about," that's a different argument. Especially if it's months later and there's no feasible way to return the money.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

  5. #15
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    Re: Goldman, JPMorgan Won’t Feel Effects of Executive-Salary Caps

    Quote Originally Posted by Indy View Post
    Truth be told, yes, I did miss that part. Now, what exactly is the problem with them giving back the money? If they don't need it, why not give it back? If they do, then deal with the pay limits.
    Because the government wanted them to take the money. If banks don't take the money, then that defeats the entire purpose of the stimulus.
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    Re: Goldman, JPMorgan Won’t Feel Effects of Executive-Salary Caps

    Quote Originally Posted by Indy View Post
    9th ward currently:

    'nuff said.
    The fact that you think this even resembles a logical argument is incredibly depressing.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

  7. #17
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    Re: Goldman, JPMorgan Won’t Feel Effects of Executive-Salary Caps

    Quote Originally Posted by RightinNYC View Post
    The fact that you think this even resembles a logical argument is incredibly depressing.
    Please, like your side never throws out ridiculous arguments.

    Honestly, I just threw those pics out there to mess with ya.
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  8. #18
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    Re: Goldman, JPMorgan Won’t Feel Effects of Executive-Salary Caps

    Quote Originally Posted by RightinNYC View Post
    Because the government wanted them to take the money. If banks don't take the money, then that defeats the entire purpose of the stimulus.
    Then they give the money back, no harm no foul. What is with all the bitching? Did the government say they can't give the money back? No. So the government isn't forcing them to do a damn thing.
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  9. #19
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    Re: Goldman, JPMorgan Won’t Feel Effects of Executive-Salary Caps

    Quote Originally Posted by Indy View Post
    Then they give the money back, no harm no foul. What is with all the bitching? Did the government say they can't give the money back? No. So the government isn't forcing them to do a damn thing.
    The point is that the government has a vested interest in getting these banks to take the money. If they then turn around and start demonizing and ****ting on the banks like Obama has, then the banks will do what they're doing and give the money back. End result? We're worse off than we were before.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

  10. #20
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    Re: Goldman, JPMorgan Won’t Feel Effects of Executive-Salary Caps

    Quote Originally Posted by RightinNYC View Post
    The point is that the government has a vested interest in getting these banks to take the money. If they then turn around and start demonizing and ****ting on the banks like Obama has, then the banks will do what they're doing and give the money back. End result? We're worse off than we were before.
    What vested interest? To free up lending, gee that worked well didn't it?

    Look, we can toss this about back and forth all day long but, at the end of the day, he who lends the money calls the shots. Don't want the rules don't take the money. If these companies were doing just fine without the money and the government "begged" them to take it, well they shouldn't have any problem giving it back then now will they? They didn't increase lending when it was given to them so I see no down side of them giving it back since it clearly wasn't used for its intended purpose.
    Affiant further sayeth not.

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