Less Insanely Rich

At last:

The Obama administration is expected to impose a cap of $500,000 for top executives at companies that receive large amounts of bailout money, according to people familiar with the plan.

$500,000 a year is still a lot, so these guys won’t starve. But when I read about Wells Fargo and their Vegas junkets, starving them begins to look like an idea.

This entry was posted in Economy and tagged , , . Bookmark the permalink.
  • GIthePotato

    This should push his approval rating back up into 80%. I haven’t talked to anyone that thinfs this is a bad idea. However, Hannity and Rush have pierced my eardrums everyday with, “THIS IS THE END OF CAPITALISM!!! IF HE CAN TAKE THEIR MONEY HE CAN TAKE YOURS!!!!”. Which brings me to another point I just thought of right now. This is race baiting again. Because, “THE BLACK MAN IS GOING TO TAKE THE WHITE MANS MONEY”. Seriously, how do you defend this crap?Adding…Peggy Noonan needs to go dig up the remains of Reagan and continue giving him the blow that she never finished. Her admiration of that man is disgusting.Adding Two…Joe the Congressional Aide Killer was defending Executive pay today.Adding Three…John McCain was off his Ambein last night on the Hannity show and was trashing President Obama.Adding Four…THE GOP HAS A FUCKING STIMULUS PLAN!!!! NOT JOKING! I may even like it. Except the tax cuts. It has $114 billion in infrastructure which I believe is more than the “democRAT” bill.Adding Five…Bob you have ruined me with that “democRAT” theory of yours. It is everywhere. I think the Democrats should start calling the GOP “Republic”.

  • http://www.politicalpartypooper.wordpress.com/ politicalpartypooper

    GiJoe,I sometimes make the mistake of calling the Democratic congress the “democrat” congress. I do not mean it as a slight. My subconscious makes a different connection though. In my mind, we are a democratic nation. Not a democratic party nation, a democratic nation. We live in a democracy (democratic republic), not a democratacy. So when I see the “Democratic Congress”, my mind will always more naturally refer to that as our form of government, not the party that has the majority.To me, the idea that Democrats get upset over someone calling their party the Democrat party is ridiculous. We do not call them Democratics, they are democrats.Most of us mean no insult when we refer to them as the democrat party. We are simply making the distinction that the democratic party does not necessarily represent what democracy is all about.Is it our right to do that?I realize the repubs probably do it because they know the democrats will whine about it. After all, in Washington, image is the only real capital, and both parties do their best to smear the other.

  • http://www.broadwaycarl.blogspot.com Broadway Carl

    Damn GI! On a roll today!The response to Rush and Hannity’s “taking their money away” is: “It’s not their money. It’s OUR money. If it weren’t for us BAILING THEIR ASSES OUT, they would be out of a job and be making NO money.”Re: Peggy Noonan – she was getting the same thing 30 years ago from blowing Ronald Reagan that she’d get today: A mouth full of dust.Response Two: Joe Scar – and you call yourself a libertarian or independent? BLOW ME.Response Three: SENATOR McCain can trash PRESIDENT Obama all he wants – if he’s so against the recovery bill, maybe we can ask him why he’s skipping town and missing arguably the most important Senate vote during all his years in Congress (barring the Iraq vote, of course). Sounds like he’s voting “present” to me.Response Four: The GOP Stimulus plan is just more tax cuts. Sure, let’s add more infrastructure spending; take the money from the corporate tax cuts Obama put in there for them anyway and use it for infrastructure.Response Five: I prefer “Re-pube-lickin’”

  • http://www.bobcesca.com Bob Cesca

    >>>To me, the idea that Democrats get upset over someone calling their party the Democrat party is ridiculous.I think what pisses us off, PPP, is that the Republicans are deliberately using a slang epithet to describe the opposition party, and yet the Republicans are still taken seriously. Imagine if Nancy Pelosi began calling the Republicans the “Ree-pube-lickins’.”>>we are a democratic nation. Not a democratic party nationHuh? What the fuck are you talking about? If you bothered to capitalize things, you’d be less confused. There’s a difference between democratic (small ‘d’) and Democratic. But go ahead and make up your own shit. Who needs fancy book learnin’ anyway.

  • http://www.broadwaycarl.blogspot.com Broadway Carl

    I think the whole Democrat thing for Bob hits a raw nerve.

  • http://www.broadwaycarl.blogspot.com Broadway Carl

    I was on the same topic with the capitalization but since I used two links, my comment was automatically sent to Comment Limbo, where unknown links and unbaptized comments go. It’ll be up soon.

  • cminri

    I always thought that the Republicans used the term “Democrat Party” to try to distinguish it from the the real meaning of the term “democratic” or “democracy”. Those terms have positive meanings and they (the Republicans) dont want to be seen as the opposite of them.Maybe I’m wrong.

  • http://www.broadwaycarl.blogspot.com Broadway Carl

    Looks like Bob’s blog ate my comment for brunch.

  • jp

    Anyway you spell it there is a rat in there.

  • http://www.politicalpartypooper.wordpress.com/ politicalpartypooper

    BOB,I DO TRY TO CAPITALIZE THINGS. SEE?

  • http://www.politicalpartypooper.wordpress.com/ politicalpartypooper

    Alright, Bob,Now I can answer you seriously.”Huh? What the fuck are you talking about? If you bothered to capitalize things, you’d be less confused. There’s a difference between democratic (small ‘d’) and Democratic. But go ahead and make up your own shit.”My right shift button sticks. Sometimes, it actually capitalizes things, other times not. Sue me.”But go ahead and make up your own shit. Who needs fancy book learnin’ anyway.”Well, Bob, you might be interested to know that some of my most successful clients have no college degree. So, you’re right, who needs fancy book learnin’ anyway? It doesn’t seem to have done you much good, since you couldn’t understand that I was talking about the verbal use of the word “democratic”, and not the written use.Please tell me, how do I verbally capitalize “Democratic”?As for the repubs, give them their rope…Sooner or later, justice is served in everything.

  • http://www.broadwaycarl.blogspot.com Broadway Carl

    P3 – You capitalize “Democratic” when it’s the name of something, as in “Democratic Party.” The word “democratic” is a concept. We are a democratic nation with two main parties in our political system, the Democratic Party and the Republican Party. Get it?

    And if you think about it, we’re technically more of a republic than a democracy.

    re⋅pub⋅lic – a state in which the supreme power rests in the body of citizens entitled to vote and is exercised by representatives chosen directly or indirectly by them.

    de⋅moc⋅ra⋅cy – government by the people; a form of government in which the supreme power is vested in the people and exercised directly by them or by their elected agents under a free electoral system.

  • http://peggystone263@msn.com peggygeorge

    Could I just put in a word regarding the jubilation over these cancelled junkets? As someone who has worked and continues to work in a hotel-related industry, please give a thought to what this does to the hotel workers. I’m as down on corporate excess as anyone, but when a group cancels at the last minute, there are many, many maids, kitchen workers, waiters, and maintenance staff that will lose hourly wages and tips, and possibly be laid off for good. Spa workers find themselves with no bookings. Gift shops make no sales. And it goes beyond the hotels to the people who supply the food and beverage, to cabbies with no fares, limo drivers with no customers…. I could go on and on, but as much as I’d like to punish the people who have gotten us into this mess, probably more people are being actively hurt by the cancellations than are being punished by giving up a nice perk.

  • http://peggystone263@msn.com peggygeorge

    I forgot to add that up until now, Las Vegas has been one of the few cities in the country where hotel workers could make a decent salary. Usually, it’s a real pyramid with the GM, top chef and a few others doing well, maybe some sales staff doing reasonably well, and the rest living hand to mouth. By the way, I hope everyone here remembers to leave a decent tip for the maid when they check out of their hotel rooms.