Sunday, September 28, 2008

Corporate Greed = Mortgage Crisis

Coporate VP's, Presidents and CEO's make millions of dollars in compensation while they drove their respective companies in the ground in the name of profit. Now they want to be bailed out?

Maybe I am missing the big picture here. Get millions of people to take out mortgages that they really don't qualify for, make you companies billions in profit, then beg for help...?

Make every single corporate type pay the money back in full, every salary, every bonus. Greed caused the mortgage meltdown. Pure and simple.

Let the companies flounder and fail, a learning experience for all, and low and behold, the ones that survive will know much better. Capitalism at its finest!

American POV

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