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LeftyFingerPop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 11:47 PM
Original message
So, what I am thinking is...
1) Bring back usury laws.

2) Cap the salaries of the rat fucking bastard greedy motherfucking fuckface dogbreath CEOs.

3) Bring back the uptick rule as it relates to stock shorting.

4) Corporate tax penalties to any domestic based business that ships labor overseas.

5) Life in prison for anyone who embezzled a total of more than 1 million dollars from investors. A REAL prison.

That'll learn 'em.
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 11:49 PM
Response to Original message
1. I'd vote fo you in a second.
K&R
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LeftyFingerPop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 11:55 PM
Response to Reply #1
3. Thanks clifford...
I'm sick of seeing these yammering fucks on MSNBC/CNBC/CNN etc. Time to put the wood to the thieves.
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 11:58 PM
Response to Reply #3
8. Yep. General population, state prison. Like Angola. Or Attica Or San Quentin.
Talk about bang for the buck......
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LeftyFingerPop Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-12-09 12:01 AM
Response to Reply #8
12. The same places that you or I or anyone else would be sent to for...
stealing a $30,000 car.
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-12-09 12:05 AM
Response to Reply #12
13. Like the one I was sent to for burglarizing a store for food when I was 13.
Edited on Thu Feb-12-09 12:08 AM by cliffordu
Those kids would show those fuckers what trickle down really means.
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PetrusMonsFormicarum Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 11:51 PM
Response to Original message
2. Some Old Ways Worth Keeping

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LeftyFingerPop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 11:56 PM
Response to Reply #2
6. Yes, I think people that understand what is going on...
also understand that we are going to get to this point.
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 11:55 PM
Response to Original message
4. I want the too big to fail guys..
to fail big. Seems to me like they have a gun held to Uncle Sam's head. I don't understand why it is that having more bad assets than anyone can possibly imagine translates into hitting up the government for money so that you can piss it away.
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LeftyFingerPop Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-12-09 12:00 AM
Response to Reply #4
10. The problem here is that these companies employ a ton of people...
there are a lot of smart people out there looking for jobs. Replace the entire senior management staff if they can't perform.
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-12-09 12:22 AM
Response to Reply #10
14. I can't help but wondering how much debt...
they really have, and if it will ever be revealed. You would think the major stock holders/board of directors would want to do something to salvage their image, but I guess they're making out too.
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Incitatus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 11:55 PM
Response to Original message
5. I'm not really familiar with corporate law, but..
isn't there a law that says a corporation must maximize profits for its shareholders? If they are paying CEOs hundreds of millions for ruining companies and doing jobs that others can do for far less, could that be considered a violation of their legal obligation to shareholders?
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LeftyFingerPop Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 11:58 PM
Response to Reply #5
7. It sure seems that way to me.
CEOs have fiduciary responsibility to the people that OWN their asses (the shareholders). No results, no bonus, no stock options, and then lay them off like everyone else gets laid off.
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Laelth Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-12-09 10:43 AM
Response to Reply #5
17. CEOs have a fiduciary duty to their shareholders.
The shareholders could bring a derivative action against the CEOs. While the CEOs might be wealthy, a judgment against the CEOs that took away all their assets might yield only a nickel per share to the stockholders.

And it would be a long legal battle. It's probably not worth it.

:dem:

-Laelth
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SmileyRose Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-09 11:59 PM
Response to Original message
9. That diatribe was totally uncalled for.
There's no reason to insult the rat fucking bastard greedy motherfucking fuckface dogbreath's of the world by comparing them to the scum sucking piece of shit CEO's of the companies owned by the predator class.

Although I guess that would be an insult to scum sucking pieces of shit around the world........
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LeftyFingerPop Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-12-09 12:00 AM
Response to Reply #9
11. My sincere apologies...
:D
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MercutioATC Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-12-09 01:06 AM
Response to Original message
15. OK, by the numbers:
1) They already exist. I would, however, advocate legislation that would prevent CC companies for raising the rates on existing balances on fixed-rate accounts.

2) Nope, unless the company is getting a taxpayer-funded bailout. Executive salaries are a matter to be decided by a board of directors (as representatives of the shareholders). Period.

3) Agreed.

4) They don't have to be penalties, but at least make all incentives conditional upon keeping jobs here.

5) I don't support hard time for anything but violent crime....and $1M is chump change, it's hardly deserving of a life sentence. Wanna hurt the big boys that do this? Fuck with their lifestyle. Make them live in a slum. Make them work to improve it...on a first-hand level. No writing checks, they need to pick up garbage from vacant lots...do their own laundry at the local laundromat...no help, no perks, just live like that for a year or so.
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GeorgeGist Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-12-09 05:58 AM
Response to Original message
16. Don't forget to think about ...
the $4.4 trillion in theft-by-profit last year.

You'll learn something.
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