“I am concerned that the way that they structure this new mechanism that we are cracking down on excessive CEO pay –- that I think should be part of the deal,” Mr. Obama said
That's playing pretty coy with the issue, but at least the issue is seeing some light.
Barack, I hope I can cal you Barack. After all, my first son is Ra'am and we were going to name our second Barack, but he didn't act like a Barack.
Barak, how's about taxing gross pay above $1 million. Gross pay, because there are too many loop holes that well paid CPAs can exploit to make the largest gross pay net next to nothing. This should be a progressive tax that, in effect, limits a person from making more than 100 times the minimum wage. If they want to make more money than that, they should think about improving the overall economic situation so that the minimum wage can rise.
Also, any company that is in bankruptcy should freeze all executive pay and benefits that are above $100k. I think it is ridiculous that these CEOs, mentioned a plenty in this blog, continue to pay themselves multimillion dollar compensations when there companies are nose diving!
So, Barack, you have room for me in your Cabinet?
Tuesday, October 14, 2008
Saturday, October 4, 2008
It is not the end of everything
The House signed the gazillion dollar bailout into law.
It is not the end.
We are in the middle.
The middle of the eradication of the middle class.
The middle of the creation of a class of debt slaves.
People who will spend their whole lives in debt.
Indebtured servants to the new class of wealth.
We are in the middle of creating a whole new definition of elite. In the past, kings and queens were satisfied to build castles on mountains to look upon their kingdoms. Our new billionaire class are sending rockets into space with the goal of building palaces on the moon and in orbit for those of their billionaire peers to look down on us all.
Down onto our warming planet.
Down onto our blue green planet
turning brown with deserts and airborne haze.
It is never too late to wake up to this,
but someday soon, it will be too late for changing it...you'll know what it is when you wake up.
It is not the end.
We are in the middle.
The middle of the eradication of the middle class.
The middle of the creation of a class of debt slaves.
People who will spend their whole lives in debt.
Indebtured servants to the new class of wealth.
We are in the middle of creating a whole new definition of elite. In the past, kings and queens were satisfied to build castles on mountains to look upon their kingdoms. Our new billionaire class are sending rockets into space with the goal of building palaces on the moon and in orbit for those of their billionaire peers to look down on us all.
Down onto our warming planet.
Down onto our blue green planet
turning brown with deserts and airborne haze.
It is never too late to wake up to this,
but someday soon, it will be too late for changing it...you'll know what it is when you wake up.
Wednesday, October 1, 2008
Idiots Rule!
The Senate did what!?!?!?
Start this mantra:
There is no financial crisis. The rich have the money they are just trying to get more.
Keep chanting it until you have enlightenment.
During Reagan, unemployment went past the 10% for almost 6 months. The week? 6.1%
In 1982, there were 13 billionaires in the United States. Now, there are over 500 billionaires.
Two years ago the U.S. imported about $185 billion a month in Goods and Service and exported only $120 billion.
Last month? The U.S. imported about $230 billion in G&S and exported almost $170 billion.
That means we are buying more stuff and making more money to buy it with...as a country.
If you're not feeling your wallet getting thicker, somebody must be pocketing that extra cash.
People like Paulson who has convinced the Senate to give the rich even more money. Now, call, write, e-mail your Reps. Don't let the House pass this bill!!!!
Start this mantra:
There is no financial crisis. The rich have the money they are just trying to get more.
Keep chanting it until you have enlightenment.
During Reagan, unemployment went past the 10% for almost 6 months. The week? 6.1%
In 1982, there were 13 billionaires in the United States. Now, there are over 500 billionaires.
Two years ago the U.S. imported about $185 billion a month in Goods and Service and exported only $120 billion.
Last month? The U.S. imported about $230 billion in G&S and exported almost $170 billion.
That means we are buying more stuff and making more money to buy it with...as a country.
If you're not feeling your wallet getting thicker, somebody must be pocketing that extra cash.
People like Paulson who has convinced the Senate to give the rich even more money. Now, call, write, e-mail your Reps. Don't let the House pass this bill!!!!
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