We're wasting our time here. Just nationalize the damn banks already. Almost all of the top economists are now in agreement that we should take this step. The people who put the money in are the people who own the company - that's how capitalism works. I'm a die-hard capitalist. I don't want the federal government owning banks for an extended period of time. But what's worse is to continue letting these bankers rob us of our money day in and day out while we sit around like fools.
At the very least, it is unconscionable to get rid of these pay caps. On what grounds do these people think they deserve millions of dollars for bankrupting their companies? How is that capitalism? That's not capitalism, that's cronyism. They pay the politicians, the politicians pay them. They have perverted the whole system.
Analysis and opinions concerning the issues of the day, from the point of view of a populist, New-Deal-style Democrat. You can reach me at mftalbot (at) hotmail dot com
Thursday, February 12, 2009
An Inspired Rant at DKos
Labels:
Daily Kos,
Economic Justice,
Greed,
Populism
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