I disagree with this premise

[GoodWitch58]

I think no one wants the job because they think Geitner will be thrown under the bus. There are currently 17 senior aide positions open.



I said that when the scandal erupted. Wall Street couldn't have been happier he was brought down. Spitzer would have looked over the AIG and Merrill contracts before handing money over.

Instead now, we've got Cuomo, NY's Attorney General, playing mafiosa politics threatening to expose the names of those who received bonuses if the don't return them. He said and I was shocked: "The Democratic attorney general said he did not intend to release the names of people who agreed to return their bonus payments. "My intention today is if a person returns the money, I don't believe there's a public interest in releasing the names," Cuomo said.
"People who do return the money, they would no longer be on our list."

At least Spitzer pointed out the laws that enabled the crisis in lieu of political school yard bullying like Cuomo. I do not agree with the bonuses, but to make the names of these people public is reprehensible.

Yes, we should be angry, but more so with partisan bickering and our elected officials jockeying to be in front of the camera making believe they are doing something important to protect their constituency.

But as Shakespeare wrote in ?Lear?: ?This is the excellent foppery of the world, that, when we are sick in fortune ? often the surfeits of our own behavior ? we make guilty of our own disasters, the sun, the moon, and the stars.?

 

[BeachSiO2]

Don't get me wrong. I am angry too about many things including the AIG bonuses. I believe Obama was done a disservice by his economic advisors on that one. But folks- I have heard that the dollar amt of those bonuses was equal to 1% of the total package. But the media sets the agenda and has caused all of us and our leaders to spend 90%+ of our time, energy, resources, etc. focusing on only 1% leaving what little attention is left for the important stuff!

Did you know that earmarks typically only make up around 1% of the annual budget/appropriations and the media has us focus on that too! What's with the other 99%?
Posted via Mobile Device

 

[LuciferSam]

Don't get me wrong. I am angry too about many things including the AIG bonuses. I believe Obama was done a disservice by his economic advisors on that one. But folks- I have heard that the dollar amt of those bonuses was equal to 1% of the total package. But the media sets the agenda and has caused all of us and our leaders to spend 90%+ of our time, energy, resources, etc. focusing on only 1% leaving what little attention is left for the important stuff!

Someone correct me if I'm wrong, but wasn't the bailout in the hundreds of billions and the bonuses in hundreds of millions making it more like 1/10 of one percent?

 

[Susan Horn]

But as Shakespeare wrote in ?Lear?: ?This is the excellent foppery of the world, that, when we are sick in fortune ? often the surfeits of our own behavior ? we make guilty of our own disasters, the sun, the moon, and the stars.?

...or, as Cassius said, "The fault, dear Brutus, is not in our stars, but in ourselves, that we are underlings."

Did you by chance major in English?

 

[30ashopper]

I knew someone would have an idea:


Spitzer for Treasury?


"Then there's a novel idea. Why not bring in the man who took on Wall Street and AIG long before it was trendy? Eliot Spitzer. Call me crazy. But he foresaw the bubbles and disasters resulting from deregulatory frenzy and the financial service industry's creation of toxic credit default swaps and derivatives. As the Sherriff of Wall Street, Spitzer launched investigations and lawsuits deploying the creative cudgel of the previously-obscure 1921 Martin Act. Yes, he acted miserably toward his wife and family and he should pay the price for that. But some believe Spitzer was taken down by certain "masters of the universe" seeking vengeance for his aggressive policing of their financial fraud and corruption. "

I'm not sure about his qualifications, but every time I see that guy in an interview I feel like I need a shower. I'd rather he not be out in the lime light any time soon. Surely there are qualified people for the job who didn't do what Spitzer did. (Yuck. I don't even like typing his name.)

 

[6thGen]

Other than the difference between talking about something and actually running point on putting people in jail for it, what's the difference between Spitzer and Rush? Seems the same folks that want to condemn one want to excuse the other.

 

[GoodWitch58]

...or, as Cassius said, "The fault, dear Brutus, is not in our stars, but in ourselves, that we are underlings."

Did you by chance major in English?

close: journalism and psychology

 

[30ashopper]

Other than the difference between talking about something and actually running point on putting people in jail for it, what's the difference between Spitzer and Rush? Seems the same folks that want to condemn one want to excuse the other.

Rush Limbaugh had strange sexual escapades with prostitutes? Maybe I missed something?

Personally I could care less about prostitution, I think it should be legal. But Spitzer is the ultimate hypocrite, he railed against the crime while he secretly enjoyed strange and somewhat perverted sexual experiences on the side with prostitutes. This is not a guy I want to see anywhere near a political office.

 

[Danny Burns]

Someone correct me if I'm wrong, but wasn't the bailout in the hundreds of billions and the bonuses in hundreds of millions making it more like 1/10 of one percent?

Yes, 1 billion is 1000 times more than 1 million. 0.1% is the correct figure. I was wondering when someone was going to figure that out.

 

[Miss Kitty]

Someone correct me if I'm wrong, but wasn't the bailout in the hundreds of billions and the bonuses in hundreds of millions making it more like 1/10 of one percent?

Yes, 1 billion is 1000 times more than 1 million. 0.1% is the correct figure. I was wondering when someone was going to figure that out.

;-)....me, too, and I don't do math. Thanks a trillion for keeping it real.