Stimulus Bill Includes Executive Bonus recovery

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And the slide down the slippery slope of depression, begins.

 

As long as you're willing to accept the losses, on your own dime and not mine. I have no problem with that,

But the majority of Americans, seek only to protect their assets for future retirement. They're not looking to get rich.

Anyone basing an early retirement on speculation. Then failing to freeze their assets, by removing them from high risk ares. Deserves what they get.

By the "greedy" standard. My dad has lost 10's of thousands over the years before the bubble burst. However, he was not caught in this bloodbath. His assets continue to make relatively the same amount, as before the "bubble".

The bubble burst has had ZERO impact on my moms assets and earnings.

 

Not really

But the point of the article, is to recover bonuses from failed institutions who payed out bonuses.

This is a double edged sword for me. Personally, I don't think we should meddle in these types of dealings with profitable companies. And I think they should have went directly after the assets of the CEO who was paid the bonus, and the Board Members who paid him.

But once you give that kind of power to the Government. They will interpret it anyway they wish. Seizing assets and bonuses of anyone they want.

So the slide into socialism continues.