Because there's really no limit to ego gratification when you've got a spot to spout with your name on it.

Sunday, September 28, 2008

Bailing Out The Millionaires?

I just keep thinking about this... the U.S. government is, at this very moment, working on a plan to bail out Wall Street. I've got a very simple plan that would save all of us poor shmucks who pay our taxes and who will have to pay for these millionaires to keep doing what so clearly didn't work before. It's hard to have sympathy for a guy who probably takes a helicopter to work from his mansion, but there are plenty of regular joes who work in the financial industry, and they'll suffer at least as much as the rest of us while the guys at the top go on like nothing happened. It's the regular joes who will end up losing jobs and health insurance.

So here's my plan to fix the mess: fire all the executives on Wall Street and in the financial companies the government is trying to bail out who make more than a million dollars a year. You wouldn't have to get rid of many of them to make a difference. Let these guys work at a minimum wage retail job, lose their homes, cars and health insurance and then let's see how they like it.

This would save the U.S. government millions of dollars right away. Then, just like we've established a minimum wage, let's have a maximum wage for financial industry executives. I know that at my job, you can work up to a certain amount per hour and when you reach it, that's as much as you'll get. Do that for the big dogs! I don't care about any other industry, but when it comes to the people holding your life savings, your pension or retirement fund, your investment portfolio that you've scrimped and saved for, and your mortgage, they damned well better not screw up so massively in the name of greed that our economy is in danger of collapsing. So don't pay the guys who did this incredible amounts of money so they can keep screwing up at the expense of the rest of us, who are just about making ends meet if we're lucky.

Do I think this is what will actually happen? Not really.

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