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Fri 30 Jan, 2009 09:18 am
PrezBO tells businesses "now is not the time to make a profit." WTF is wrong with this stupid son of a bitch?
How is the economy supposed to become healthy if businesses follow PrezBO's advise?
Obama hates capitalism and free enterprise - PrezBO is a socialist at heart and he is proving it with his actions.
When a CEO, who has absolutely no personal investment risk associated with a Public Corporation, rewards executives with outrageous bonus as the company they work for is on the brink of bankruptcy, that just might piss off a few tax payers who are forced to "invest" in that company, like me.
If I am Obama, I get that list of every exec who received a bonus from a company that received TARP money and publish it publicly and also send it to the IRS and let the audits begin.
You are stuck on bonuses, PrezBO also said... "There will be time for them to make profits... Now is not that time."
O boy is hell bent on destroying capitalism and our free enterprise economy.
@Woiyo9,
We are all in deep **** when PrezBO's government has an investment risk associated with a Public Corporation.
It looks like PrezBO's weapon is trickle down socialism.
@H2O MAN,
These firms did not make a profit.
These scumbag CEO's and their Boards stole assets from the stockholders and gave it away.
I know you would not run your business that way. Or would you?
@H2O MAN,
This is the Govt other voted for.
We should be members of the loyal opposition and look very closely at how this govt is running things and criticize as necessary.
"O'boy" actually let them off easy, in my view.
You are missing the point... PrezBO said
now is not the time to make a profit.
Profits drive capitalism. If now is not the time to make profit, then now will also not be the time to A)Start Businesses, B)Create Jobs, C)Invest in our future. If Obama believes that businesses should stop making a profit, then he truly is a Socialist or he has absolutely no idea what he is doing. And by the way... while he was bashing CEOs for doing what CEOs do, he neglected to attack the congress that gave the money to CEOs without any restrictions. Look, the government took your money, and threw it at people with no restrictions, hoping they would be noble and honorable. How naive can they be? Nobody should be angry with CEOs who got bonuses... EVERYBODY should be angry that your government took that money from you and gave it to the companies to fun the CEO bonuses! Get a clue!
@DarkStar76,
Our government is releasing taxpayer money as one would release a like number of helium filled balloons.