Quote:
Originally Posted by TheMercenary
I don't think the addendum is a bad thing. But we should not ignore who is responsible for the failure up to this point, or do you just want to ignore what Geithner and his people failed to do, when they knew full well what was going on?
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Absolutely Geitner is responsible., as is Dodd and other Democrats.
So are Bush (and many Congressional Republicans) who refused to include limits on executive bonuses when the TARP legislation was drafted and enacted last year.
"What executives have done is troubling, but it's equally troubling to have government telling shareholders how much they can pay the executives," said Sen. Mel Martinez (R-FL).
Sen. James Inhofe (R-OK) .". is this still America? Do we really tell people how to run [a business], and who to pay and how much to pay?" . . . .
As I have said...there is plenty of blame to go around if you look at the bigger picture.