The current financial meltdown just makes me crazy. Shortsighted corporate executives, only interested in making a fast buck, created a house of cards that is now crumbling … and who will get stuck paying for it all? The American taxpayer.
Let a single mother request assistance with daycare so she can get an education, or keep her minimum wage job, and she is labeled a lazy welfare queen. God forbid an uninsured person get sick and fall on hard times … their critics will ask why they failed to plan for disaster.
Well why didn’t these greedy Executive’s plan for disaster?
They stand with their hands out … expecting taxpayers to tighten our belts once again … when they are not willing to sacrifice.
I think the CEO of any corporation bailed out by the government should not only forfeit their current salary and benefits, but be forced to pay the government a percentage of their earnings over the past decade. When are these people every going to be held accountable?
I was a business owner for seven years, and during that time there were good and bad years. I made a few mistakes, but when I did I paid for them. No one bailed me out. My biggest mistake, going into partnership with an unscrupulous person, cost me more than $30,000 one year. I tightened my own belt and paid off the debt. It wasn’t the fault of my vendors that I chose to go into business with a bum.
The CEO’s of these corporations must be held accountable. There should be no golden parachute for any of them. This must be nonnegotiable.
