Look, that comparison is old and tired.  CEO's work for companies I own.  I think they're paid way too much.  They act like the company is their property, and it is NOT.  We need to get back to a reasonable salary and overbase compensation for doing a job.  Making the types of salaries these people make is seriously wr...more

Wonderful post Gibson.  You are spot on!  Why does all blame go to the Unions and it's workers?  Want to know what the Govt. does with the money it receives to fund the USPS pension?  Puts it in the general fund and spends it!!  Reminds me of an episode of the Soprano's.

Goldman should go down for selling securities that were toxic.  They are the bank of the world handling the accounts of the most sophisticated investors in the world.  They pay top dollar for the best minds in the world.  Do you really think they sold those CDO's in good faith?  They had no idea they were selling garba...more

I agree principal write downs are a bad idea.  I think the best thing we could do is offer a 3.5% interest rate for everyone with a conventional mortgage.  Allow an underwater person to refinance but take out a second to pay 50% of the underwater balance.  Force the bank that originated the loan to eat the other 50% an...more

The author did state facts.  You just don't like them because they're contrary to your beliefs.  It's a fact that GB was advocating selling stocks at the bottom of the market.  It's recovered 60%  You would've lost all that appreciation.  It's also a fact that GB was advocating buying gold which appreciated 20%  Also, ...more

Why do we waste time pointing the finger at which party caused the economic meltdown.  Clinton might have started it, but the Republicans did nothing to stop it.  As far as I'm concerned both parties are beholden to the ones that exacerbated the problem, the financial industry.  Reform must take place.  Risk our bankin...more