blkoralslaveboy said:What? Are you guys reading?? This is a HUUUUUGE friggin embarrassment for the dereg mob. They pulled out 3-4 BILLION bucks just a month before the company was to be sold to bank of america to redistribute amongst themselves renaming this theft as company bonus AND while the company was in the process of going under this prick pimps out his office for a MILLION-TWO? Sheez regulation means oversight and if you guys think stuff like this should go ignored...then lets do business!!!! lol... but really, you must feel SOME sympathy for those old moms and pops whose retirement money these bonus barons are using for toilet paper.... just some!!
IndyHubby said:There's and old saying that you should apply to your life: lt's better to keep your mouth shut and let people think you're a fool than to open it and remove all doubt.
blkoralslaveboy said:What? Are you guys reading?? This is a HUUUUUGE friggin embarrassment for the dereg mob. They pulled out 3-4 BILLION bucks just a month before the company was to be sold to bank of america to redistribute amongst themselves renaming this theft as company bonus AND while the company was in the process of going under this prick pimps out his office for a MILLION-TWO? Sheez regulation means oversight and if you guys think stuff like this should go ignored...then lets do business!!!! lol... but really, you must feel SOME sympathy for those old moms and pops whose retirement money these bonus barons are using for toilet paper.... just some!!
vtjames742 said:Having degrees in business management, accounting and education- I could school you on what "regulation" does and does not do but honestly I do not come to DC for this. No sane person supports the waste in either the public or private sectors BUT this has little to nothing to do with regulation or deregulation. Does it make it right? Nope but deregulation has nothing to do with why they could "pimp out his office"- it just doesn't.
RoSquirts said:Yeah, let's regulate their decorating expenditures. We could even set up a new government department for it. I want to be in charge of the Good Taste Division.
blkoralslaveboy said:If I ask you what is 4 + 4 you don't respond I have a PhD in Math and Physics.
Obviously, the part of nearly $4 Billion being distributed as bonus money by ML execs, while the value of the share holders' money was plummeting is something you're all choosing to ignore. If you read the entire article the pimped out office was really of minor importance compared to everything else going on.
But with regard to the 1.2M office decoration and how it relates to regulation. You call it business "waste" while I call it lack of oversight. You can have a dozen degrees (and by the way I do have three of my own, i even stumbled upon a PhD from PSU but really that's beside the point) and be the most learned man in the field of business and commerce but in the end you cannot tell me that a significant amount of oversight would have not prevented what happened at that company. Regulation of business like the regulation of any other mechanism of interaction, reaction, or intercommunication can be modified to encompass a more comprehensive level of oversight. Does this mean you set up cameras in bathrooms to see how long everyone is taking.... probably not. But it does mean that if you're going to suck the company dry of liquid assets you are going to have a really hard accomplishing that without big brother finding out. Yes, a complete overhaul of the infrastructure implementing less limited oversight; it doesn't guarantee success but it does guarantee less of the bull shit thats been partly responsible for the decline in confidence in these institutions.
blkoralslaveboy said:Oh, good come back:whatever:.. do you really want to toss insults back and forth with me? You're in waay over your head hoosier boy. But Will said no flaming so you're in luck for now.
IndyHubby said:It's not worth my time. Some of us actually work and have multiple facets in our lives. Sometimes however, the comments are so ludicrous that I make a short comment. But I come here for fun, not to be drawn into debating with people who obviously are either uninformed or skew facts to suit their purposes.
I've even taken up placing those who I find particularly annoying or juvenile, in my ignore list.
fun50scpl said:that's what i like about edumakated people is how they will wast time and money on trying to tell others how smart they are and never fix the problem HAHAHAHA
vtjames742 said:You can't fix a problem if you haven't properly identified the cause of the problem.
If I poke a hole in a cup, the water starts coming out. Would constantly putting more water in the cup fix the problem? No it wouldn't. You have to identify the true causes before running off rambling or scrambling like a chicken with its head cut off.
All we are saying on this post is that blaming deregulation for something that regulation never addressed is NOT going to solve a damn thing. We are NOT saying we agree with the wasteful spending habits of either the private or public sectors.