I see in the news today that Obama is setting an executive pay cap to go along with his bailout. I have even better ideas to go along with this. How about a pay CUT for everyone in our national government? Obama could really set a fine example here by demanding that his salary be cut by at least 25% and his retirement by 50%. Then he could cut all senate and representative salaries, too! While he was on a roll, how about a HUGE cut in the department of defense? How about slicing and dicing all those monstrous government programs where all the money really goes to the bureaucrats instead of to the poor? If we just pulled out of the middle east we would probably come up with the 900 billion he wants for his stimulus package!
I read a couple of weeks ago that the size of the bailout is enough money to give every household in America $100,000. That would probably save the banks and car companies because people could pay off their loans! But that's too simple for the powers that be.
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It sounds as if the "bailout" is just a payback to those who helped get the current administration into office. I would be inclined to believe it myself.
ReplyDeleteI would bet the friends of the current administration will be getting a piece of the pie!
ReplyDeleteYeah, a big piece. Like Howard said, they have to produce money now for more election funds.
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