One "Brain Drain" that might be advantageous to all of us...
From the NYT this morning;
"Top economic advisers to President Obama adamantly opposed the pay restrictions, according to Congressional officials, warning lawmakers behind closed doors that they went too far and would cause a brain drain in the financial industry during an acute crisis."
BRAIN DRAIN!?!$!?$???!!!!
Those same brains drained our economy, why should we want them involved at all, let alone with bonuses for failure?
First, a simple observation. If you want to fix the broken system, the best way to do that is to replace the head, not the body or the tail. If ever there was justification for a complete purging brain drain, it is in this situation. The more these greedy, landlocked brains can be drained, the better the chance that new ideas and a new spirit of community development, rather than personal wealth, will take hold and heal our markets.
Second, a comment to the people in Obama's administration who are beholden to these greedy execs and their lackeys; reconsider those loyalties ASAP or you will embarrass your boss.
Even the mainstream media admits that The Public is PO'd to the point of no return, and your continued advice to the President to coddle these lousy managers makes many of us who voted for him and trust in him begin to question his judgment in choosing people like you (beholden to the execs) to positions of authority where you can protect your benefactors.
WE are your benefactors, via the instrument of democracy, and your tunnel vision and profane loyalties do you and President Obama very little good, considering the animosity it might inspire in The Public.
Stop coddling, or even protecting these creeps, you owe the American People much more, in terms beyond dollar figures, than the money you owe these monopolists. Many of these same "brains" should be in jail, not rolling inn easy tax-payer genreated failure bonuses.
"Top economic advisers to President Obama adamantly opposed the pay restrictions, according to Congressional officials, warning lawmakers behind closed doors that they went too far and would cause a brain drain in the financial industry during an acute crisis."
BRAIN DRAIN!?!$!?$???!!!!
Those same brains drained our economy, why should we want them involved at all, let alone with bonuses for failure?
First, a simple observation. If you want to fix the broken system, the best way to do that is to replace the head, not the body or the tail. If ever there was justification for a complete purging brain drain, it is in this situation. The more these greedy, landlocked brains can be drained, the better the chance that new ideas and a new spirit of community development, rather than personal wealth, will take hold and heal our markets.
Second, a comment to the people in Obama's administration who are beholden to these greedy execs and their lackeys; reconsider those loyalties ASAP or you will embarrass your boss.
Even the mainstream media admits that The Public is PO'd to the point of no return, and your continued advice to the President to coddle these lousy managers makes many of us who voted for him and trust in him begin to question his judgment in choosing people like you (beholden to the execs) to positions of authority where you can protect your benefactors.
WE are your benefactors, via the instrument of democracy, and your tunnel vision and profane loyalties do you and President Obama very little good, considering the animosity it might inspire in The Public.
Stop coddling, or even protecting these creeps, you owe the American People much more, in terms beyond dollar figures, than the money you owe these monopolists. Many of these same "brains" should be in jail, not rolling inn easy tax-payer genreated failure bonuses.
