It seems just about half the members of the U.S. House of Representatives have half a brain, or, if not that, then at least the commonsense God gave to individuals fiscally responsible for managing household budgets.
Barack Obama, however, is not among that crowd: he had this strange idea that the very CEOs that got the financial institutions into a mess should receive “reasonable compensation packages.” Those CEOs should be paying compensation to the U.S., to the homeowners they helped defraud by giving mortgages to people who never should have qualified for them in the first place.
Tags: achieve their dreams, Almighty Dollar, bad faith, bail everyone out, bailout, banking, banking and loan industry, banking rules, banks, Barack Obama, buy a home, CEO, CEO compensation, charade, CitiGroup, compensation, Congressional scapegoat, control banking regulations, crisis, crumbling financial institutions, customers, defraud, doling out the bucks, dollar sign, don't re-elect anyone, dream come true, elected pundits, emergency bailout, every member of Congress, Fannie Mae, FDIC, Federal Deposit and Insurance Commission, federal government, federal regulations, financial forecasting tools, financial institutions, financial tools, financial whiz kids, fiscally responsible individuals, forecasting tools, foreclosure issues, Freddie Mac, God, government rules, help people, help people pay their mortgage, help stomp out crime, home sales prices, home values, homeowners, housing market bubble, how much home can you afford, how much home you can buy, impending disaster, investments, investors, irresponsible CEOs, irresponsible homeowners, John McCain, laws, lending institutions, loan regulations, loan rules, local bank, local savings and loan, local savings institution, manage home budgets, managing household budgets, moneycentral.msn.com, mortgage calculator, mortgage rewrite, nation's economy, no oversight, online financial tools, online money tools, overseeing finances, plenty of warning, politically correct, Presidential Election of 2008, reasonable CEO compensation, reasonable compensation packages, regulations, responsible homeowners, reward irresponsible people, rules, sacrificial goat, savings and loan institutions, savings and loans, securities, shirked their duties, slap in the face, soaring home values, sobering thought, sub-prime loans, sub-prime mortgages, sweetheart deals, taxpayer-funded bailout, taxpayer-funded mortgage bailout, televised hearings, traditional lenders, traditional mortgage lenders, U.S. economy, U.S. House of Representatives, U.S. Senate, Wachovia, Wall Street