End Corporate Welfare! An All-IN-One Thread On Socialist Demockery.

Kreskin

Doctor of Thinkology
Feb 23, 2006
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Ah come on! There should be a RCWSP..registered corporate welfare savings plan.
 

Socrates the Greek

I Remember them....
Apr 15, 2006
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How can you argue with that title?8O



Tee cunnis Petros, AIG comes to mind,
They are in the best position of an example to corporate welfare, in the red ink, or glue in the Billions, they get the stimulus financial injection, and I know the executives have a legal contract, which will help them with justification in court to keep a promise made by responsible people.


One thing jumps out on these legal executive contracts is that they do not show to have a clause where it would stipulate, the executive screws up royally and the bonus structure will as well, I have never seen this taking place, and because of that the corporate welfare on companies who screwed up like AIG they should not be rewarded any financial help. Unfortunate for the 1000s of people that loose their jobs.

As for the Socialist Democracy the center in politics works for many, right or left, only when either side right or left attempts to dictate to the people in unfashionable ways is when the people object. The Center of politics in North American history has been primarily Socialist, Liberal, or Democratic south of the boarder, all three are brothers and sisters;
Conservativisem in North America as we know doesn’t have a good track record. Bailing AIG out sets a bad example, they were careless during their peak and today they are bagging for financial mouth to mouth resuscitation.