Home / Tag: Geithner
Tuesday, March 24, 2009

Bonuses fly in the face of common sense

Some things are just unbelievable. They defy all common sense. Like the time my wife chose Cleveland as a vacation destination. It wasn't even a good idea at the time, yet somehow, it happened. Such was my thought when it was revealed that executives employed by the hapless insurance giant AIG were to be paid $165 million in bonuses.
Tuesday, March 24, 2009

Unconstitutional Legislation Won’t Spur Private Investors

Why would any private investor want to get into bed with the Federal Government? This is the sort of question that businesses have to ask themselves on a daily basis- why would a consumer want to do business with our company? With the government bailouts of companies like AIG, it is a question that the Federal Government needs to ask itself. Why would private investors want to accept bailout funds, or participate in the "toxic" asset relief plan proposed Monday by Treasury Secretary Timothy Geithner?