Karen, great point. I’m amazed also at how even some libertarian friends get fuming mad about the bonuses “Wall Street” is paying “while we are bailing them out”. They are playing into the state’s ploy–the state is demonizing Wall Street and capitalism (no offense, vandarchists) while throwing cash at them. They appease the taxpaying victims by threatening to limit the executives’ pay. Moronic taxvictims shout, “yayy!” while they are being gigged. Meanwhile the underlying bailout costs about a billion times more than the “fat cats’” salaries. This is similar to how they get the rubes worked up about “the Arab … Continue reading Re: Those Private Jets
Kathy, I thought the backlash on the private jet episode was absurd and knee-jerkish. As you noted, how dare the parasites in Congress point a finger at real-world executives. Of all the things that people should focus on in terms of the contemptible BegFest put forth from the Big 3, a CEO taking a private jet is not one of them. Anyone who has ever worked around a big-company CEO, CFO, or whatnot, knows what their life, their schedule, is like. The work life of these guys follows an absurd pace from morning until night. They don’t have the time … Continue reading Re: Those Private Jets
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