With the economy tanking, government officials are doing their best to put hardworking Americans’ money to work. Those corporate leaders who have driven their companies into the ground need to be saved from the greed and incompetent practices they put into place. South Park explains the process.
Rep. Brad Sherman (D-Calif. 27th District, Sherman Oaks, Northridge) grills Neel Kashkari, Interim Assistant Treasury Secretary for Financial Stability, about whether three million dollar bonuses for AIG employees meet “appropriate standards of executive compensation” as mandated by congress.
How many times can the politicians get this wrong? I don’t know, they’re still working on it.
The bank bailout just keeps getting worse. Maybe the economy would get better if the we let the companies run by incompetence and greed get thinned out.
How shocking is it that a job with good benefits paying more than $30,000 a year gets a lot of applicants? This middle school in Ohio received more than 700 applications for a janitorial job.