Comments on: CEO Pay Unchecked in Bailout Bill

By: davey

davey — Wed, 28 Jan 2009 07:25:10 +0000

I believe that these executives that caused this mess should have their personal assets sold to help in this bailout. Let them feel a little of the pain along with everyone else. If my business fails, I lose my house, etc. They should have the same risk and “man up”. There are a lot of angry citizens who feel the same way I do and if our elected officials allow this rape to take place, they will in turn fall.

By: davey

davey — Tue, 27 Jan 2009 23:25:10 +0000

By: CEO Pay Loopholes | Blogging Hope

CEO Pay Loopholes | Blogging Hope — Tue, 20 Jan 2009 03:23:11 +0000

[...] Lillis at the Washington Independent reports on worries that the stricter executive compensation limits in Rep. Barney Frank’s [...]

By: What The _-_-

What The _-_- — Mon, 19 Jan 2009 18:32:37 +0000

Every company under the TARP should had been going under, I will not do any business that took American Tax Payer Money, including AIG and GM.

By: enjoy0rs

enjoy0rs — Thu, 15 Jan 2009 00:02:47 +0000

If you don't know where the first 350 BILLION dollars went how can you not be EXTRA careful when you GIVE away the second 350 billion?

I think Congress is afraid to investigate and have the public find how badly the first give away was managed.
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By: American Politics Journal - Headlines

American Politics Journal - Headlines — Tue, 13 Jan 2009 02:05:49 +0000

[...] Obama: Overhaul bank bailouts — Bush, Obama Tag-Teaming Lawmakers for Bailout CashCEO Pay Unchecked in Bailout Bill• Bush: I Personally Authorized Torture of Khalid Sheikh Mohammed• "If we declare [...]

By: Ray Metcalfe

Ray Metcalfe — Mon, 12 Jan 2009 22:48:34 +0000

FIXING THIS ECONOMIC MESS
The economic collapse our nation is experiencing today was experienced before by the oil producing states when the price of oil fell below $10 per barrel in 1986.
Louisiana and Texas were hit hard but Alaska was the state hit the hardest. On average, between 1986 and 1990, real property across Alaska fell to less than half of its former value. Rental properties fell by two-thirds. Some condos fell to 20 percent of their original cost.
In perspective, during the Great Depression of the 1930s, one-fourth of the banks in the U.S. failed. In Alaska, between 1986 and 1990, three-fourths of Alaska’s banks failed.
As a commercial real estate investment broker for 35 years, I have made a living studying and predicting the economics of real estate. When Alaska’s economy collapsed, I watched as real estate and/or the mortgage backed paper (mortgages and/or notes secured by deeds of trust) that came with it moved through paralyzed and collapsing banks into the hands of an overwhelmed FDIC and back into the marketplace.
I saw a few become very rich while thousands lost everything. One person bought his non-performing mortgage (a nonperforming note secured by a deed of trust) from the FDIC for 1 percent of what he owed on his mortgage — from his originating bank. Five years before buying his note, the bank had been in disarray and was unable to deal with foreclosing on his property when its rental income ceased to meet his required payments.
Two years after that, the FDIC took over his bank. Three years after the takeover, he bought a “non-performing note,” — his own mortgage, one of those “toxic securities” we now hear about — paying one cent on the dollar for his note which originated five years earlier with a three million dollar face value.

To read the rest of this story see below or go to: http://alaskareport.com/news19/x61867_economy_m...

By: AMERICAN NONSENSE » Bailout! Act Two.

AMERICAN NONSENSE » Bailout! Act Two. — Mon, 12 Jan 2009 22:27:16 +0000

[...] The Washington Independent’s Mike Lillis says Rep. Brad Miller Sherman [sorry, Brads!] (D-CA-27) knows how they’re likely to do it: Rep. [...]

By: PoliTrix » Blog Archive » Bailout! Act Two.

PoliTrix » Blog Archive » Bailout! Act Two. — Mon, 12 Jan 2009 20:05:03 +0000

[...] The Washington Independent’s Mike Lillis says Rep. Brad Miller Sherman [sorry, Brads!] (D-CA-27) knows how they’re likely to do it: Rep. [...]

By: Hawaiian style

Hawaiian style — Mon, 12 Jan 2009 15:00:09 +0000

If you don't know where the first 350 BILLION dollars went how can you not be EXTRA careful when you GIVE away the second 350 billion?

I think Congress is afraid to investigate and have the public find how badly the first give away was managed.