Comments on: Bonus Boomers

By: subscriber

subscriber — Sat, 21 Mar 2009 15:28:11 +0000

As if it couldn’t get more surreal, we now have this:

“Obama to Weigh Impact of Bonus Tax on Credit Flows, Gibbs Says ” (At Bloomberg.)

Obama is quickly proving how correct Gore Vidal was when he said we have two branches of the same party. The fact that Obama is even considering caving into Wall St. makes me sick. I voted for the guy, and this is what he does?

Meanwhile Bloomberg also reports, with a straight face, that if this tax goes through, Wall St. will lose their “talent.” WTF! First, their “talent” is what got us into this mess, and second, there are now plenty of unemployed bankers willing to be hired, in case the “talent” walks.

Will this nightmare ever end?

By: Joe S. Pack

Joe S. Pack — Sat, 21 Mar 2009 11:40:28 +0000

I’ll be dipped in shit if I give these people another dime to invest. All of ‘em are rotten.
Not another dime.

By: bman

bman — Sat, 21 Mar 2009 03:59:34 +0000

In a time in our future, but not so far away, I’m pretty sure the bonus system that has been allowed to weed up our financial system will be considered another form of corruption akin to bribery.

People talk about thinking outside the box but the current system has proven itself to be rotten to the core. Until we are prepared to root out all of the corruption, I think we are doomed to failure.

By: ottovbvs

ottovbvs — Sat, 21 Mar 2009 01:45:07 +0000

I’m Only about 60% in my case.

By: call me ahab

call me ahab — Fri, 20 Mar 2009 23:57:37 +0000

otto-

I said that’s the life not that’s my life. Doing the grind in the ‘burbs in DC- kids and whatnot you know- I am a traveling fool though and set out when I can- don’t need much on my end because, as I always tell my kids, make large but live small- will have that trailer some day though- on the ocean.

By: AGG

AGG — Fri, 20 Mar 2009 23:30:26 +0000

ottovbvs,
Thanks for the kind offer and your words of wisdom but I already have a gardener (she cooks good too), buddy.
I admit sometimes I sound like I have a chip located somewhere on my anatomy. You should be proud of your kid in finance; he must be a chip off the old block. Enjoy next week, pal. I hope your whole family enjoys it too. I’m 100% cash.
You see, it’s easy to dance around and snipe others while avoiding the issue.

By: ottovbvs

ottovbvs — Fri, 20 Mar 2009 22:29:03 +0000

call me ahab Says:
March 20th, 2009 at 6:04 pm

That’s when they calculated that number….Standard Oil was broken up in about 1912 I think….It was all fiction of course…..Rockefeller had effective control of ten or whatever companies instead of just one…. the sum of the parts was probably greater than the whole…..so where more or less is your Rockford trailer(or substitute).

By: call me ahab

call me ahab — Fri, 20 Mar 2009 22:04:46 +0000

and thus the break up of Standard Oil

By: ottovbvs

ottovbvs — Fri, 20 Mar 2009 22:01:15 +0000

Probably when he sold out US Steel in about 1906 but the record was Rockefeller around 1910 he was worth over 6% of GNP…..He’s arguably the richest man in history….An interesting old cove too….He used to like to go on midnight bike rides with his kids

By: call me ahab

call me ahab — Fri, 20 Mar 2009 21:55:35 +0000

@CNBC Sucks-

Carnegie at one point, if my memory serves me right was worth 3% of GNP. You can’t compare him to Laffer or Kudlow- that’s a joke. Even Buffet and Gates are sucking wind next to him. That’s like crazy insane amounts of money. But let’s all remember, it was the “robber barrons” that ignited popoulists such as Teddy Roosevelt and led to trust busting. The Federal Government definitely had the last word on that era.