We are punishing a number of the top CEO’s needing money for the bailout, which I completely agree with. Keeping their pay capped at $500K is a great move and as I mentioned above should’ve happened in the initial stimulus plan.
Now shouldn’t we punish those in the House and the Senate as much as we are the CEO’s? I think so!! I believe those in the House and Senate were just as responsible for missing the bus, if not more responsible for this current economic collapse.
In fact I think these guys should know what it’s like to be broke, so they end up voting for the right reasons rather than something that lines their wallets.
Going back to an old post I wrote, I believe the current amount of unemployed Americans is much closer to 15% of the employable population. Look who pays the ultimate price! The citizen who spends his entire life working 9 to 5 with a company that has given him stock options in the hopes that one day he can retire. Joe citizen doesn’t know anything else, in fact he never really cared about the unemployment rate, the trade deficit or the debt his country was going into. He only knew what he knew best and that was how to work hard and make a paycheck. He just assumed his government was looking after him. I feel awful for these people that our government has let down. There are millions upon millions of blue collar workers in this country that are really going to feel the pain!
