Saturday, September 20, 2008
Corporate Greed & The Socializing of America
It appears that the one thing the Bush Administration will be remembered for is not Katrina, not the wars in the Middle-East, but the fruition of the Right Wing Conservative Republican Dream...Corporate Greed.
The problem is, it didn't quite turn out the way they have always been taught while sucking on that silver spoon.
No, American Corporate Greed, made manifest in today's Mortgage Crisis, has ushered in an unprecedented event. The socializing of America by a Republican ran Federal Government.
After FDR quits rolling around in his grave, he will be most pleased with the irony that the party who made sure he wouldn't serve 4 more years actually completed what he started.
Corporate America has not only lost touch with reality, but has also lost any sense of fairness and accountability to its share holders.
The golden parachute for CEO's is nothing but a "Piggy Bank with Lipstick". It has flipped the appropriate way a capitalist company should be ran, rewarding its officers, employees and shareholders for good performances...or, everyone losses for bad performances. Not so at the top.
In today's environment, the CEO is actually rewarded more for a dismal performance.
Case in point, the financial crises that we Americans now find ourselves in due to the mortgage crisis.
Let's look at these numbers:
1. 201 Million Dollars: That's the amount that the CEO's of the 8 Corporations that are at the heart of this mess where awarded in compensation in 2007.
2. 626 Million Dollars: That's the amount that 4 of the above CEO's where awarded in a "Piggy Bank with Lipstick" this year when asked to leave.
3. 41 Billion Dollars: That's the amount of losses posted by the above 8 Corporations in just the last quarter!
Let's see, shareholder's paid nearly in the phrase of Dr. Evil with his pinkie in his mouth, "One Billion Dollars" to loose 41 Billion a quarter?! That's not capitalism, that's stupidity!
But now, we the American People, are the major share holder's of the above companies once the, let me put my fist in my mouth, "One Trillion Dollar Piggy Bank with Lipstick" is approved by Congress and implemented by the same people who brought you the "Katrina Clean Up" and "The War on Terror". In my humble I'm more qualified than Palin opinion, the first Tuesday in November and January 20th can't get here fast enough!
The same party that called Hillary Clinton, Barak Obama and John Kerry crazy for wanting to spend, pinkie to mouth, "One Hundred Billion Dollars" a year to bring Universal Health Care to the American People...are now the ones who have given us stock that's not worth shit for ten times that amount!
That makes perfect sense, if you're a moron!
The party of unregulated government is now making the people of America pay the price for their serious errors in judgement.
The crazy thing is, they still think they're right!
I propose a better solution to end this economic crisis. One that I'll even let the current
administration handle, because I know they could pull this one off!
It's simple really. Either the above CEO's surrender their entire net worth, including salaries, property, "Piggy Banks with Lipstick", pension plans and insurance premiums....or they get to go hunting with Vice President Dick Cheney sometime before January 20th!
The stockholders, that's now the people of America, have spoken! Now that's Socialism at its finest!
Pay up you morons, your share holders are growing restless with your horrible performance.
Hell, I'll even buy Dick the shells!
Sir Hook the I've Now Found What Cheney is Good For of Warrick
Posted by dkWells