Please Stop This Insanity

[Jim O'Bryan]

As I watch the morning news I am watching George Bush and members of his administration saying that they have to do this buyout, right now, this weekend, before Monday.

On the the largest loans on record, and there is no time to think about it?

The last time these guys needed to use quick judgement, it cost us twice as many American lives as 911, and every penny we have for the next 30 years.

They have already spent $3,200 of every American's future taxes. Of course when you figure only those that pay taxes it is much higher.

I think, we can all agree, we want someone else to go over any plan this group comes up with. This going but "gut feeling" is just not working.

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[ryan costa]

who is Bush bailing out with this half-trillion dollar injection?

Assuming they are the big banks and investment bodies....

I'd like to hear more good press about these big banks and investment bodies.

sometimes we hear they are getting rid of former executives and top managers. does that make a difference? it usually means they are ushering in a new round of executives and top managers to repeat the same things their predecessors did.

I'd like to hear about the top executives and managers taking massive pay cuts and staying on the job. tightening their belts. making what they made in the 1950s. everyone loves the 1950s.

[Phil Florian]

who is Bush bailing out with this half-trillion dollar injection?

Assuming they are the big banks and investment bodies....

I'd like to hear more good press about these big banks and investment bodies.

sometimes we hear they are getting rid of former executives and top managers. does that make a difference? it usually means they are ushering in a new round of executives and top managers to repeat the same things their predecessors did.

I'd like to hear about the top executives and managers taking massive pay cuts and staying on the job. tightening their belts. making what they made in the 1950s. everyone loves the 1950s.

They are bailing out investors, right? The market surged like crazy when they heard that Uncle Sugar was going to prop up AIG, right?

I don't know if this is a) untrue or b) true, but not currently but I thought I heard somewhere a while back that Japanese company execs do just what Ryan is suggesting...that when there are problems with a company, the first to pay for it is the highest brass and then it moves downward. Talk about buying loyalty if a US company did that. In this country, when a business has problems they lay off the workforce and if the execs are really lucky they will then be asked to leave by their Boards and are usually given 10 or 11 figure packages upon leaving to go do this again to another company or, if we and the working class are really lucky, to the lecture circuits.

Anyway, is this Japanese business myth just that to anyone's knowledge?

[Jim O'Bryan]

They are bailing out investors, right? The market surged like crazy when they heard that Uncle Sugar was going to prop up AIG, right?

I have hear no talk about bailing out investors or mortgage holders. all of the talk is about bailing out the companies, not the individuals.

You know, like a do-over.

With our future, being the price.

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* Good news is Colombia is still our best ally.