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Well I suppose that's just how we look at it. I don't see that any of those restrictions are going to do anything. CEOs can get compensations from their respective corporations, a million ways. Ok, so they won't take a direct multi-million dollar bonus in cash... instead they'll get free corporate jet rides, or memberships to exclusive clubs, or company paid for vacations. Yippy skip.The only thing those restrictions do is make you feel as though the government is "doing something" about the wasted bailout money. If not you, surely the rest of the population that doesn't know as much, will think it is, and be more willing to support the bailout.I'd rather have a government failure, fail completely so as to realize the error of their ways and change. Partial failures are hard to prove conclusively, making it easier for supporters of a failed system to try and make the case that "it could work" if we just do "x" or "y".
Well I suppose that's just how we look at it. I don't see that any of those restrictions are going to do anything. CEOs can get compensations from their respective corporations, a million ways. Ok, so they won't take a direct multi-million dollar bonus in cash... instead they'll get free corporate jet rides, or memberships to exclusive clubs, or company paid for vacations. Yippy skip.
The only thing those restrictions do is make you feel as though the government is "doing something" about the wasted bailout money. If not you, surely the rest of the population that doesn't know as much, will think it is, and be more willing to support the bailout.
I'd rather have a government failure, fail completely so as to realize the error of their ways and change. Partial failures are hard to prove conclusively, making it easier for supporters of a failed system to try and make the case that "it could work" if we just do "x" or "y".