CEO Compensation

[ebacon]

Originally Posted by merrylander

. . . the CofC is a greater danger to the U.S. than Al Queda.

I'll go along with that, hands down. The are behaving as if they can't dig our own grave fast enough.

[piece-itpete]

The problem I see is, as the government micro-regulates business more and more, the government and businesses are too closely knit. More government power now means more power for big business, crony capitalism at its' finest.

A real reform is probably in order, but I'm not holding my breath.

Pete

[merrylander]

Originally Posted by piece-itpete

The problem I see is, as the government micro-regulates business more and more, the government and businesses are too closely knit. More government power now means more power for big business, crony capitalism at its' finest.

A real reform is probably in order, but I'm not holding my breath.

Pete

The government IS business, the attempts at regulation are a sham. Glass Steagal was only 64 pages long but did the job. They could simply have resurected the original text. But no, we had to write a new bill, probably done by every lobbyist on K Street.

As long as lobbying (bribery) is allowed things will get screwed up left and right.

All the outcry about regulation is a smoke screen to hide what is really going on. Regulations are fine if you have regulators. If you keep cutting the budget of the regulators then of course nothing ever gets done. So all this talk of cutting is just to ensure that nothing is regulated and so that we keep throwing money at the Pentagon and the MIC.

[ebacon]

Originally Posted by piece-itpete

The problem I see is, as the government micro-regulates business more and more, the government and businesses are too closely knit. More government power now means more power for big business, crony capitalism at its' finest.

A real reform is probably in order, but I'm not holding my breath.

Pete

Pete,

You are completely missing what is going on. The corporations are writing the laws, not the government. The corporations are buying every law they want and then turning to voters and saying waaahhh, the politicians are holding us back.

It's all bullshit. All of it. Every last word. I'm not kidding. I work in the middle of the clusterscrew.