Should we apply the same standards to the government as they do to financial

L

Locke

New member
institutions? The Obama administration seems to have no problem laying out rules for the financial institutions getting bailout money. The reason they got bailout money was because they were losing money. With the government in massive debt, wouldn't it be reasonable to expect the same rules to apply? Perhaps Congress and the president shouldn't get paid for any year there is a budget defecit? Or perhaps their pay should have a cap?

Give me your suggestions!
Um, Lux, where I'm going with this is the government spends and spends and spends and there is no penalty. They just raise taxes or print more money. Lower taxes + responsible spending = stable economy. At this point, the government has accrued so much debt that they really should be focusing on nothing but eliminating that debt. Instead, Obama is proposing more and more spending.
 
If we did that than who how would the government do? Bail out itself? Doesn't seem all that reasonable.

If we did that, would the federal government provide loans to the larger, more important states like New York and California because they were "too big to fail" and let Wyoming, Rhode Island or any other small state deal with matter on their own?

I don't understand.

I mean, I've heard this question asked by Hannity, Boortz, Limbaugh, etc., ever since I was a teenager, but where are you going with it now?
 
I love it... but first they must test this new health care before it goes public....If we start losing people in the House or Senate then you know it didn't work.
 
Due the economic crisis there should be a pay freeze in all government branches... if things don't start to improve then we need to have pay cuts.....

As for those who ask for out tax money sorry but if your business is so hard up it needs tax dollars then there should be limits... give us back our money then pay your CEO what ever you want.

PS if you can afford to give your CEO a 100,000 bonus then you don't need our tax dollar that's welfare for the rich.
 
Personally, I think a better use of our voice is to demand term limits on our Legislative branch limiting 2 consecutive terms to our Senators and Congressmen with a 4 year hiatus before they become eligible for reelection, enact an Ancestral or Succession clause on teh executive Branch that limits family members of previous administrations from running for the Presidency or Vice Presidency, and make the Judicial Branch officials electable by popular vote.

We should also demand their payment be indicative of the actual amount of time they spend in Washington and not based on a yearly salary, plus require that recesses not be allowed until pertinent business is concluded...
 
The other way around. Financial institutions having to answer to anyone would have kept the whole thing from blowing up in the taxpayers' face.
 
Their pay is capped. It's just that they set the cap.

I think that if the budget is running a deficit for the year that House/Senate member leave office they cannot and will not receive their retirement benefits.

But, if the members of the House and Senate write the laws, do you really think they will write that law?
 
Their pay is capped. It's just that they set the cap.

I think that if the budget is running a deficit for the year that House/Senate member leave office they cannot and will not receive their retirement benefits.

But, if the members of the House and Senate write the laws, do you really think they will write that law?
 
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