Monday, January 5, 2009
Obama Rewards Corporate Looters
http://www.alternet.org/workplace/117219/obama%27s_perilous_compromise_with_wall_street_looters As I've promised before, in the post about the election results. I will criticise the Obama administration, whenever I feel it's appropiate. The bailout plan is the redisribution of wealth in reverse. The Chief Executive Officers are the ultimate welfare queens. With the corporate welfare state as the banking queen. These incompetant officials do not deserve assistance. They made there beds, and now they should be made to sleep in them. Choices have consequences. The buisness leaders should be made to take responsibility for there poor choices. And there companies should succede or fail, according to there merits. Buisness enterprises should be funded by private investments, not the federal government.
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