about this blog
- Liz Claman joined FOX Business Network (FBN) as an anchor in October 2007. Her debut included an exclusive interview with Berkshire Hathaway CEO and legendary investor Warren Buffett.
most popular posts
-
- There are no viewed posts at this time.
Subscribe to Comments
David
Exactly, why are we going to give more money to the companies that got us into this mess? Under the guise of trickle down economics? Clearly that doesn't work, the people at the top of the food chain keep most of it, and it usually never trickles down far enough to get to those who really need it. Let's try some trickle UP economics for once. Let's BAIL OUT the families who are losing their primary (and modest) homes! Pay off part or all of their bad loans, FIRST! Think about it, the money will get them out from under their exorbitant loans, and at the very same time, pump that revenue back into the lenders who aren't collecting these loans now. This way, the very people who need it the most, benefit first, and the corporate giants collect on their bad debts at the same time! At least this way, everyone wins, not just the very wealthy. Oh, and why is it that the very CEO's who plunged us into this mess are driving around in their grossly expensive gas guzzling SUV's, and flying in their private planes from one mansion to another, why are they even allowed to keep any of their ill-gotten wealth? Clearly, if they are at the helm of these sinking companies, shouldn't they have received NO golden parachute, no incentives, and no bonuses? In what other realm are people so grossly rewarded for poor performance? Pay, bonus, and retirement caps are definitely a requirement of any bailout proposal! For that matter, I would think that any company losing money should not pay their employees, including upper management, beyond a base salary!
Gladdy
I think the Rich will be in Favor of this Bailout, since they are a part of this, and birds of the same feather. why should we the Common people pay for the RICH.
B Scott
This article almost brought tears to my eyes.When I read that this CEO was worried that ordinary people were skimping on their health care(drugs)I was deeply moved.I said almost, because I don,t think the ordinary people are skimping,its very difficult to take your medication or deep breaths as Hillary suggests,when you are drowning. The only people with their heads above water are the ones that created this mess.