Wall Street Bonuses to Rise This Year: Report
Join the discussion below, or Read more at ABC News - Brian Ross.
Since: Jan 07
#1 Aug 12, 2010
It is UN-Constitutional and outright illegal for the government to dictate to any company what it pays in salaries &/or bonuses. FCUK CONGRESS and their UN-Constitutional "bill".
#2 Aug 12, 2010
Top talent deserves top dollar.
Give them all the money they want, even if its 10000x the normal salary. I'm sure they deserve every penny of it because they've earned it.
#4 Aug 12, 2010
I think it should be illegal for anyone to get a higher bonus unless they can prove they worked longer hours than the previous year and/or to give proof that what they did in the previous twelve months actually improved the company's bottom line and/or improved shareholder value.
Since: Jan 07
#5 Aug 13, 2010
So you are against our Constitution. OK just so we know where you stand.
Congress, President, all of government has NO RIGHT whatsoever to dictate any of that.
Since: Nov 07
#6 Aug 13, 2010
Since I have some knowledge of the history of taxes, I believe corporations should not be allowed any tax deductions for employee compensation over 1/2 million dollars, once that limit is reached, on an individual employee basis. I also, believe, like in previous "war times", those making over $250,000 per year should be taxed at least 50%. For WWII, the top rate even went to 94% for those in the upper tax brackets! It was not lowered to 70% until 1964, that was an expensive war also!
War is good for Wall St. and large corporations -improves trading, stock value, everytime! Taking away the high tax result of war created a large population of war mongers. Give to a Congress persons' campaign fund, and learn who is going to get the contracts (and the stock will go up). In the general population, this is called "insider trading"; but among our elected officials & their associates, it is "politics as usual".
Letting the rich & war-profitting corps continue getting away with low tax rates during wartime, will allow them to continue investing in and promoting wars for their own personal profit.
And hasn't that created a "wonderful world"?
Since: Feb 10
#7 Aug 13, 2010
Corporations who operate abroad should be taxed according to the cost over seas in manufacturing and the sales price here in the USA. Tariffs should immediately be put in place and Treasury seize the Federal Reserve.
Spend Mark to Mark'
Return the Uptick Rule
Repeal the Gramm Leach Bailey Act of 1999
No new regulations need apply just go after 'fraud'! The ultimate Nations security issue is the Sociol Fabric as it relates to what used to be the gauge every family of four. Kicking families to the curb is one sure way to destroy a Nation, no?
Guatemala City, Guatemala
#8 Aug 13, 2010
Drugs are even more licritive business in the U.S.:
Do you know the name of a single-American-drug-kingpin of our times?
In the US, the most coveted drug market on Earth, are there no outstanding drug Kingpins (whose names must now form a proud part of the criminal-legend of their country), when they deal in a drug-business worth over $500,000,000,000.00
I know! In the US, drugs are dealt “by themselves”.
The drugs are dropped off at the border by Mexican or Latin American “mules” and reach (as if by magic) the hands of consumers “by themselves”.
Of all the marijuana that is consumed in that country for example, 35% is produced in Texas, Arizona and California without the authorities ever finding a plantation, any drugs incinerated in public, or anyone being placed in federal prison and their assets sold at auction to the highest bidder.
I guess the marijuana was planted by itself, harvested by itself, distributed by itself and the resulting proceeds laundered by themselves...
Is this not truly amazing?
We never see photographs of American drug Kingpins arrested and covered in blue FBI jackets, hands and feet in shackles, wearing bulletproof vests and helmets, with a huge police escort to prevent an attacks on their life that could prevent them from informing of the identity and activities of their associates...
We publicly display the incineration of narcotic drugs as soon as they are found. Photos of heroic soldiers fallen while fighting thugs are published. We have pictures of former State prosecutors massacred at their doorsteps while engaged in private law practice after retiring from fighting crime.
The multiple and ostentatious properties seized from the Kingpins are a matter of public knowledge.
The efforts of Mexican soldiers to win this battle against the production and sale of drugs are evident.
Only that battle will hardly be won if in the US the unhampered sale of $500 billion dollars’ worth of narcotics in the streets continues with no one seeing or doing anything.
Nothing, no one knows anything...
Why doesn't anyone know? Very simple: because an incredible number of members of the State and Federal Executive, Legislative and Judicial branches of government are on drug Kingpin’s payrolls.
If nothing is done, and nothing is known it’s because from the Secretary of State on down, Governors, Legislators, Senators and especially Judges, journalists, police officers of all kinds, FBI and DEA agents up to and including the famous and not the least feared Border Patrol, everyone could be deeply involved with drug traffickers and making juicy profits just as they did during prohibition.
Even less now, when a group of thugs has more power than the State itself.
Never in the history of mankind has a gang of criminals had so much money as to enable it to buy authorities, journalists and whole countries if it so decided.
All this thanks to the US, who provides the dollars to make this possible.
What do drug Kingpins prefer in exchange for heroin, Mexican pesos or American dollars? It’s quite clear, isn't it? What sovereignty does a State have when a drug Kingpin can’t be judged in his country of origin because doing so could bring about the destabilization of the country with disastrous consequences for millions and millions of people?
Are we not facing a newfound power phenomenon in the hands of a single individual?
Where are North American drug Kingpins? Why not I start the prosecution of major drug traffickers in the United States?
This is good business for everyone. Everyone is involved.
Better, much better to blame Mexico, Central America, or Colombia for all its problem...
Since: Nov 07
#9 Aug 17, 2010
You are totally off-topic here; but of course, when the Republican Party "leader's" planes were busted filled with cocaine in Mexico in 2007, GWB imeediately flew & promised $18 million to the drug war, and it never made the news here (I was watching the Mexican news, as I live close to the border).
When several months later, the Mexican Prez went back to the press, complaining about no US DEA/FBI action on the case, no charges ever filed against the plane owners; and no payment on the 18 million; Condi Rice was there within 3 days with a full $18 million taxpayer check & the good news GWB decided more would go per year "to fight the Mexican Drug War" rotflol....
The ONE job I know of in the US that DOES NOT REQUIRE A DRUG TEST, is elected official. No doubt if citizens suprised Congress with a drug test one day, the same thing would happen at the Pentagon that happened when someone in Mexico tried that - EVERY SINGLE ELECTED OFFICIAL TOOK A RUNNER!
I have no doubt that Obama's & all of Hillary's visits to Mexico were to "clear the way" for the Dems to resume the cocaine distribution in the U.S.; as they appear to keep the business within the "controlling" (presidential) party since the inception of the Drug War in 1974.
And that is not to mention the legal business of the Pharm Companies, one of the larger segments of contributors to campaign funds for the last 5 decades.
Since 2008, legal drug deaths have surpassed car crashes and have been the number 2 cause of all deaths in the U.S.
That is why all politics (they try to play Dem/Repub like a football game & most citizens fall for it); keeping the audience's focus on the scoreboard & not all the plays happening.
Schools are purposely bad & all immigrants, even the illegal, are welcome, as government steals the assets of current citizens, they need more residents for more tax income.
In the US, we see the auctions of assets, & see the "plantation busts" on TV. But, no, the ones with plenty of money, pretty much get away with ANY illegal activities. That is the American way that I have observed since law school in 1980.
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