tag:blogger.com,1999:blog-7581614926672563071.post6044364391181425343..comments2023-03-30T04:37:22.283-07:00Comments on The Savvy, The Extreme & The Idealist: Hard elbows...the beige onehttp://www.blogger.com/profile/07942559613808788504noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7581614926672563071.post-18702514182973432272009-03-31T16:06:00.001-07:002009-03-31T16:06:00.001-07:00Yes, I wrote "why did he be so harsh," what of it?...Yes, I wrote "why did he be so harsh," what of it?the beige onehttps://www.blogger.com/profile/07942559613808788504noreply@blogger.comtag:blogger.com,1999:blog-7581614926672563071.post-47912417495079404782009-03-31T16:06:00.000-07:002009-03-31T16:06:00.000-07:00Andrew Leonard had a great column up yesterday sta...<A HREF="http://www.salon.com/tech/htww/2009/03/30/automakers_and_wall_street/index.html" REL="nofollow">Andrew Leonard had a great column up yesterday</A> starting with the premise that, yes, O and his team are quite likely aware of the seeming double standard. So, why did he be so harsh on the Big Three? Partly to draw a line, and partly to put Wall Street and the banking/insurance world on notice.the beige onehttps://www.blogger.com/profile/07942559613808788504noreply@blogger.comtag:blogger.com,1999:blog-7581614926672563071.post-51610915854747765042009-03-31T15:35:00.000-07:002009-03-31T15:35:00.000-07:00Banks join the ranks of Wall Street swine, as well...Banks join the ranks of Wall Street swine, as well. They know they (the majors) will not be allowed to fail, as they did in the 1930s. I am contemplating switching all my shit to a State Employees' Credit Union from Bank of America. Bastards!(S)winehttp://swine.wordpress.comnoreply@blogger.comtag:blogger.com,1999:blog-7581614926672563071.post-66449231067071970432009-03-31T10:27:00.000-07:002009-03-31T10:27:00.000-07:00Jeff, you bring up a good point. There is no logi...Jeff, you bring up a good point. There is no logic. There is just anger. People are angry, and what's worse they are right to be angry. But they've got to know what it is they're angry about.<BR/><BR/>The AIG bonuses are a perfect example. Again, anger...and justifiable anger. But people have been harping on the amount, when in the long view of things, it's chump change...and chump change that will eventually be paid back to the taxpayer.<BR/><BR/>What I think people should be angry about is Wall Street's attitude, which of course is the bigger problem. This incident shows that after all these months these yahoos still don't get it. The same rotten "reward something for nothing" Management techniques are still in place. Yet, instead there's story after story about the money. How much they spent, what they spent it on, and how ridiculous is all is.<BR/><BR/>In this kind of environment, logic isn't going to hold.admiralmpjhttps://www.blogger.com/profile/07965848974833063684noreply@blogger.comtag:blogger.com,1999:blog-7581614926672563071.post-48883410453614269012009-03-30T18:42:00.000-07:002009-03-30T18:42:00.000-07:00It is amazing that Obama is held to such a differe...It is amazing that Obama is held to such a different standard than that of Bush. Bush handed out TARP money without much in the way of prerequisites. People didn't care until they started seeing the money misused, which of course came during the Obama administration. So, Obama has taken the heat for the TARP structure, for not putting a cohesive plan in place, even though he didn't give out the TARP money...then when he wants to provide structure to an Auto-bailout, he is criticized...where is the logic?Jeffinseatownhttps://www.blogger.com/profile/16179409946189797581noreply@blogger.com