Thursday, September 25, 2008
Here's my look at some economic stupidity.
If corporations really want to have an economic bailout, then there should be a really serious catch to it. I'd say that if you want your company to be insured by the government on the taxpayer dollar, than all those people in the executive tier of the company should agree to have their own personal economic holding subject to seizure if something goes terribly wrong. (Afterall, shouldn't responsibility come with the position? Apparently there isn't any at the moment, and that's why all this stuff is f'd up.) It shouldn't be the pension of those who worked to build the companies that get burned if there's a fire, but rather those strings on the golden paracutes are really what needs to be cut off. At least that's my take on it.