Wall street workers' income are salary + bonus. I thought bonus is tied to the profit. How come the profit is negative, they are still have bonuses? Maybe CEO contracts are quite different, stock options?
Most have agreed that easy credit is the root cause of all these, and most agreed it started in 1997 by Democrat government under Clinton, some actually blame it started in 1979 by notorious Democrat President Jimmy Carter.
Major difference between Democrat and republican is about bigger/smaller government, sharing the wealth is part of it. Sharing the wealth without fundamental support has also contributed to today's issue.
Economy has to correct itself to the right path, bankers are not the guilty ones, government with lots and lots of "soft cushions" has been putting us far away from the true direction of economy, and this IS the root problem.
notorious? first time I saw somebody use this word on him.
it is typical republican idea that the difference between D and R is size of government. In fact, the smallest government last 20 years is clinton time.
Most have agreed that easy credit is the root cause of all these, and most agreed it started in 1997 by Democrat government under Clinton, some actually blame it started in 1979 by notorious Democrat ...
danid 发表于 2009-2-8 20:58