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Oh yes, the Democrats fingerprints are all over this too. The Republicans held out - for a while. Then - after it went to the Senate and got loaded with pork - they passed it too. And then Bush signed it.

Socialism is running a Wall Street firm and taking bailout money when the institution is leveraged up the wazoo and gets a margin call. Socialism is also passing and signing the bill that gives them government money for the bailout.

That is true - a lot of people have no say in what is decided at higher levels but work very hard all year, and end up being screwed out of what they rightfully earned. When it happens on Main Street, those companies go out of business, and hopefully new companies that are better rise or grow...

Sorry - I am not questioning your sincerity, just examining your argument. 1) Losing out big on the red hot comm market would be a voluntary employment choice. I am not sure why anyone would need to be compensated for a deliberate choice. 2) Getting canned before bonus time is something...

Maybe they really were forced to take the money. But did anyone force them to request a charter change and give up i-bank status? Bonuses and dividends will be paid because they are a big part of executive compensation - and no executive will volunteer for an income cut. The question is...

This is an interesting perspective. It is true that you have to adhere to trading restrictions working for a financial company. However, the premise is that the individual given the guaranteed bonus to compensate for the opportunity-cost would be able to at least make that amount of return on...

That list of government reforms is a worthy goal for any party - Republican, Democrat, or Independent. The problem is that they get used in whole or in part all the time as talking points until a group gets power - then it is all out the window. The ideals of strengthening the country with...

It sounds like what they admire is hard work and talent. Period.

Saw a discussion with David Brooks where he said he believed the GOP is at a fork in the road of sorts. One group favors the Palin/fundamentalist types and the other favors the intellectual types a la Wm F Buckley (they are called "arugula eaters" by the fundamentalists). I used to enjoy...

Wall Street firms are leading by example, and the example is to abandon responsibility. Just like factories in China that have produced toxic products in toys and food, Wall Street has produced assets that are labeled "toxic". Perhaps some of those companies in China will survive with...

As a bastion of capitalism, Wall St should never condone socialism. Workers get laid off all the time. No bonuses for poor performance. The leader of the company decides the outcome for the entire company, and companies that make costly mistakes are crushed. Wall St must not give in to the...

Sounded like he was annoyed. "Shoot to the capitalist system." sounded like he wanted to say "Shit to the ...." etc. Maybe he is sad that Cuomo is going after exec compensation because of the public bailout or something like that...

That all may be true, but the PRODUCT being produced (like CDS') are no longer in demand. As far as workers suffering because of decisions by higher-ups - that happens all the time. When a factory screws up because of a bad exec decision, the factory goes bust and the workers get kicked to the...

I think if they cut bonuses to 0 it might encourage the really smart ones to start their own businesses - which is what this economy needs. Bloomberg left Solomon and look what he was able to do! If they truly are bright, they can do the same and let the floundering leeches go belly-up.

Wow - those pensions can be Nice! http://finance.yahoo.com/focus-retirement/article/106022/Meltdown-Retirement-Blow-Is-Softer-for-Lawmakers?mod=retirement-preparation ""I've lost 30 percent like everybody else. This hits home with the Miller family, too," the California Democrat said in a...

True - the salary may be fixed, but BONUS is per performance. There was an old computer game called Balance of Power that had you face off against the old Soviet Union in nuclear strategy. For kicks some of us wanted to see what the graphics looked like when the missiles were launched (a la...

This is something I definitely did not like about Obama - going back on his word to about financing his campaign. In that, McCain stood by his word. In fact, I'm surprised it didn't come up more as a topic for him.

http://news.yahoo.com/s/ap/20081019/ap_on_bi_ge/the_influence_game_housing "WASHINGTON – Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years...

Interesting question. It will be interesting to see where these appointed guys end up after their "service" is over and how much they end up making.

That was the whole "moral hazard" thing. If you bail out the financial companies and the top guys walk away with big green in their pockets, what's the homeowner with negative equity going to think to do?