3/23 Obama says anger isn't a governing strategy; fair enough. What
about making people who are owed bonuses creditors of the company
such that they can collect their bonuses once the government's been
paid back?
\_ Obamessiah is very good at making strawmen, like any good politician
\_ With all due respect, take your politico-bashing and fuck off to
some other thread. I'm trying to get feedback on an alternative
to either taxing to death or handing out free money. Thanks.
\- I dont think that is reasonable ... they will continue to accrue
these IOUs, they will do NPV calcuclations on them ... and in some
cases with significant risk the potential upside will have to be
gigantic ... and then you'll have perverse incentives all over
again. The govt should threaten to do really serious audits of
these guys if they dont cooperate, go after them for breach of
fiduciary resposibility, fraudulent conveyance, what have you ...
like a DA playing hardball with a criminal to get him to plea
bargain. That's the mental shift you needs to make ... "treat
these guys like dogs" ... appeals to do the right thing etc is
silly. I can go on about this for 5 more pages but I'm trying
not to do that. --psb |
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