Bank controversy - updated?
53Anyone like controversy?
I keep saying as I get older I like calm more than I like being right. However, there are some issues that one just must take a stand on. This whole thing with banks just gets my goat. I was actually cursing at my television set a few weeks ago as I watched a documentary on one of the banks.
So here I am after a hard day at work. I turn on my tv to catch of the day's happening and There on the screen are people who work at the banks being taped golfing and having a grand old time staying in one the finest hotels in an exotic location. Now this will really get you going. This particular bank said that they did NOT ASK for the money. The government just gave them the money so they should not feel guilty for having a good time.
I do not know about you, but if someone gave me money that belonged to the tax payers and I went out and had a good time on it, I'd bet you would have a problem with that fact. I call that robbing the people blind. It is nothing but old fashioned theft in its worst form.
Now this does not even bring in the fact of the executives who are receiving huge bonuses while our deficit climbs and climbs into the trillions.
I really would like to hear what others have to say on this subject.
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Comments
I totally disagree, I think these executives tried their best and should get rewarded, they probably didn't get all the money they were after and will try harder the next time around.
There are some banks who are trying to give back the TARP money , but the administration will not take It back so they can control the banks . Regulation Is obviously necessary , If a bank does not take our money they should be able to run It the way they see fit . And If one of those executives screws up again go gangsta on em ! Enough Is enough !
If you worked at the bank and got to play golf, you wouldn't complain. maybe you should change your career.
I wouldn't play golf if I was an executive, too much sunshine for me, I would have "strippers" at my office every day.
The ones that jump out of a cake!
and pose with sausages
I want a job at that Bank !Dont, worry your money Is safe with me !
I trust you Tony, you can have all my money in my piggy bank. I often go into it for beer money, but I'm sure there's some nickels left
The financial industry - yes, industry - seems to be the only place one can be a colossal screw-up and still be rewarded as if he/she was the best thing since sliced bread. If the rest of us here in the Real World screwed up like that, all we'd get is a pink slip.
Darn tootin' treating scumbags like royalty gets my goat!
Pisses me off big time...so now I am back to hiding it in a jar in the ground....
I couldn't sleep at night if I were watching all of these people losing their homes while I was collecting a million dollar plus bonus at home. Anyone catch the 20/20 show where that poor man who used to make $750,000 a year is now delivering pizza for a living. G-Ma, your money is safer in that jar right now than it is in the bank.
in all honesty, those execs are not human
What is the Tea Party all about? I keep hearing about groups forming. Anyone up on all of that?
Look on a website by the late Aaron Russo I believe It Is called Restore the Republic
bye bye
OF course the government doesn't want the banks to give back the money. How can the government control the banks if they don't have something to hold over their heads?? It's like when you borrow money from a friend, you feel obligated to help that friend when they ask for it, until you pay the money back. If they won't take the money back, you still owe them, and in a sense, they own you.
Banking is a business designed to separate us from our money. The fact that they discovered a way to have the government collect it from us first and to deliver it all at one time, shows you just how good they are at doing what they do. The stockholders certainly should reward their executives with a few rounds of golf.
The golf I can handle. The five star hotels and trips to expensive resorts with lobster and shrimp. Those are the things that get me riled. I teach and do you know they are not even allowed to serve us a bagel in the morning any longer when we have conferences. It's considered a perk. Not to mention we must prepare lesson plans for a sub for an hour or more putting out materials etc. - and they are worried we might get a perk. I could care less about the dang bagel. I can buy my own. It's the principle. I wonder if anyone is feeling the pinch/hammer while watching the banks abuse our money.
There is no money, it's all debt.
The United States Inc along with The UK Corporation Ltd are both companies in Chapter 11 Bankruptcy.
Your president is president of the Corporation, he's not president of the United States of America i.e. The Nation. That is why you have a gold fringed flag. That is the flag of the corporation.
The foreign owned Fed just creates 'money' (digits on a computer screen) and then lends this fiction valueless money to your government. The Bank of England does the same here. We pay our (Unlawful) income tax straight to the IMF as interest payments on these fictional loans.
The IRS and HMRC are just collection agents for the IMF.
It's the scam to end all scams.
That is unfortunately accurate.
The latest is that the banks have set aside more money than ever for their bonuses for the upcoming year. Does this mean that the recession is over or.....?
issues veritas says:
9 months ago
Executives should be compensated based on what they do for or to a company.
The AIG executives for example, did something bad to the company, they headed it towards bankruptcy.
These should have been fired, instead of getting rewarded with a high salary and a bonus.