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Paul Krugman - Rewarding Bad Actors


Business  (tags: business, economy, investments, corporate, corruption, finance, ethics, investing, money, bailout, investors, wall, street, bonuses, abuse, dishonesty, greed, Goldman, Sachs, Citigroup )

Tom
- 1855 days ago - nytimes.com
Americans are angry at Wall Street, and rightly so. First the financial industry plunged us into economic crisis, then it was bailed out at taxpayer expense. And now, with the economy still deeply depressed, the industry is paying itself gigantic bonuses.



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Comments

Mm M. (450)
Monday August 3, 2009, 9:10 pm
This has to be such an interesting article...please visit site to read this entire story!!! Citigroup singing the blues and getting the BIG BUCKS from the government then reaping rewards -- NUTS...As far as super fast computers purchased and owned by Goldman Sachs -- if he is making the big bucks for himself,and his firm, I would really want him taxed and NO LOOP HOLES...for the people who can afford to use him, they, in my humble opinion should also be taxed on their super profits!!! NO LOOP HOLES PERIOD.

Frankly, I was surprised that the Obama Administration was against the House bill that was passed -- stating what was good for Wall Street is Good for America. That really shocked me, I really thought he was for the people that were hurting, not helping Mr. BIG BUCKS AND THEIR COMPANIES GET MORE. Upsetting...Thanks for the enlightening story Tom....
 

mary f. (177)
Tuesday August 4, 2009, 2:13 am
its the same all over thanks tom
 

Past Member (0)
Wednesday August 5, 2009, 2:53 pm
Thank you dearest Tom!
 

. (0)
Thursday August 6, 2009, 1:31 pm
He'd better start rewardiing himself... and follow his act...
 

Blue Bunting (855)
Wednesday August 12, 2009, 10:50 am
Chris Matthews had on the Ron Paul supporter who showed up with a handgun to the New Hampshire town hall on health care led by President Obama. On Hardball yesterday, he really
laid into the man -- a Kramer lookalike named William Kostric -- with some tough questions about just what the hell he hoped to accomplish:

Matthews: Why did you bring a gun to a meeting with the President of the United States, given the violent history of this country with regard to presidents and assassinations? Why did you bring a gun to a public event with the president? You know the history of this country. If you love this country and its history, you know we've had a problem with people with guns and presidential events. Why did you bring a gun to an event with the president?

... OK, you brought a sign that says, 'The tree of liberty has to be watered with the blood of tyrants,' and you're carrying a goddamn gun at a presidential event. I think those things make people wonder what you're about.

Matthews gets to the core point eventually:

Matthews: I'm gonna ask you: What do you bring to this discussion about health care? By bringing a gun, and that sign that you quote Jefferson from, what does that bring to a debate that this country's engaged in -- and we're looking at your gun right now, and your sign on there -- what did you -- and it's loaded, you pointed that out -- what are you doing to help this debate?

The best that Kostric can do is babble incoherently -- rather Kramerlike, actually -- about "showing the other end of it" so you can "pull people in your direction." He manages to finally blurt out that he actually thinks everyone would have been safer at the Town Hall event if everyone there had been packing heat.

Of course, that begs the questions of whether President Obama would have been safer, doesn't it?

Especially with crackpots like this in the crowd.

 
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