"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
More from Sue: Dear Congressmember Please vote “no” on the revised bailout package, because it contains toothless safeguards for preventing abuses in the billions of dollars. First: What good is a law that prohibits the Treasury from buying assets at…
From Sue, a CPA There are already limitations on executive compensation, and they already take the form of disallowing tax deductions and a tax penalty on the person receiving the compensation. There is no law capping executive compensation (yet). First,…
Clusterstock has the gory details. Here’s their rundown of two of the most loathsome provisions. “Preventing Unjust Enrichment”: Treasury can’t pay more for the crap assets than the banks bought them for (a horrifying possibility, given that most of the…
Tip: Dealbreaker For those who may not know, Paulson is a past CEO of Goldman and the government did not deem this a crisis until Goldman stock start getting hammered and was dropping precipitously. It was only then that they…
This is part of an email response Sen. Dianne Feinstein (D-CA) is sending to constituents who contacted her opposing the bailout. Californians are frosted by the absence of controls on executive compensation. Virtually all of the 50,000 phone calls and…