So, the magicians of Wall Street have cast a spell on the Feds who are casting spells on the American public.
I say....WAKE UP!
Goldman Sachs has 21 top executives and hundreds of managers. These folks all take home millions each year and we, the American public, are supposed to help them?
Lloyd Blankfein is CEO. His compensation package was worth over $115 million last year.
You feeling a tug on your heart strings to help this guy and his little business out?
No, maybe the fact that Gary Cohn and Jon Winkelried (Goldman's two COOs) compensation are under $120 million each?
Or the suffering of David Viniar whose cash compensation and stock options in 2007 only totaled $80 million?
Oh, the humanity! These people do need our help.
Why doesn't our government give these CEO's a personal loan with their personal wealth as collateral? You know why? Because these CEO know that personally they are not worth betting their own wealth on. So why should we?
So, $700 billion...Could buy a whole bunch of new high schools, hospitals, fund tons of students loans (that are a good investment), and save social security. Or not get another $700 billion into debt is probably the best idea for our country.
Please forward this page to your representatives in D.C.
Monday, September 22, 2008
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