Summer? 23 July 2010Posted by marisacat in San Francisco, UK, Divertissements, Inconvenient Voice of the Voter, 2012 Re Election.
Seaside buckets and spades vie for attention with more modern beach toys at this seafront stall [Matt Cardy/Getty Images]
Just an excuse to put up a silly pic… tho:
Madman (and the Milwaukee streets) is under a summer squall for days, catnip’s just-planted garden is beaten half to death by hail and I am freezing to death in San Francisco, a very cold week here.
It seems to be summer, resplendent with cheap and colorful beach toys, in Weymouth England, and I am sure, elsewhere…
And, above all else, let’s not be UNFAIR to the biggest of the too big to fail on Wall St.
I don’t want any bankers CRYING … do you? That would be just so UNFAIR.
Think of all the used-once-and-thrown-away hankies that would end up in the ocean and, inevitably, choking an endangered whale. A female whale, probably with a baby whale inside her. You don’t want to kill a whale do you?
[M]r. Feinberg’s study, which was required by the 2009 stimulus law that also created his post, covered the five-month window during which firms were getting government assistance but policy makers hadn’t yet enacted executive-compensation restrictions. Those rules came into force in early February 2009.
The payments “were ill advised, they were troublesome. But I do not believe it is fair to declare…that the payments were ‘contrary to the public interest,'” he said. In fact, Mr. Feinberg said he undertook the compensation review, which was required by the 2009 stimulus law, with “some reluctance.”
“This is arm-chair quarterbacking,” he said.
Mr. Feinberg also said he felt it was inappropriate for him to ask any of the 17 firms to claw back or reimburse taxpayers for the bonus payouts. Under the law he has no authority to demand repayment, but Congress did direct him to request reimbursement if appropriate. snip
Only do what is appropriate… be safe. Take care. Be fair. Love thy neighbor. Arm-chair quarterbacking is a sin. A double sin if done on Mondays… Help those in need. Be kind to the bankers, they are human too.
Wall St is just another street, don’t discriminate. You know they’d do the same for you. Don’t make trouble.
And, remember we HAD to save them, otherwise the entire financial system would have failed. We did the right thing. Or it would have been a Depression. Bernanke, an expert on the GD, told us that.
All the congress people repeated what he said, as tho speaking with authority..
A Great Recession is so much better. Even if it never ends.
Can’t we all just get along?