Monday, March 10, 2008
Eliot Spitzer's next anti-business crusade
At least one blogger reports that Eliot Spitzer is going to turn his current crisis into yet another opportunity to bash "excessive" compensation.
(Bwahahahaha!)
7 Comments:
By 
, at
Mon Mar 10, 08:11:00 PM:
By , at
Mon Mar 10, 09:06:00 PM:
To measure excessive compensation, you need a yardstick.
And Spitzer has that ruler.
He has the "experience" to know "it" when he sees "it."
By , at
Mon Mar 10, 11:56:00 PM:
This isnt the only thing going on in NEW YORK right in the center of the big apple the worm MICHEAL BLOOMBURG is trying to blackmail gun stores in several states by sending his brownshirts to try and intimidate them BLOOMBURG SHOULD BE IMPEACHED
By , at
Tue Mar 11, 05:20:00 AM:
Live by the sword, die by the sword.
Another self-righteous asshole meets his just end. I wonder if the wife and kids felt the same as Spitzer, or looked at him as a scumbag.
The only thing that'd make this better is if the hooker is a dude.
Hey ... DC area, right? maybe that's who Chambers was dogging in the dark.
Bwahhahahaha.
By 
Christopher Chambers, at
Tue Mar 11, 02:20:00 PM:
You're right, he is a self-righteous asshole. What we need are righteous assholes. Put more CEO's in jail and slice that cash from them, the drug companies, insurance companies, big oil, developers, polluters. Too many folks are loosing their homes and and getting otherwise screwed these days. But ah, on the federla level, Franklin Delano Obama's gonna fix it.
By , at
Tue Mar 11, 03:39:00 PM:
Lots of people losing their homes lost it on their own accord. I find the argument that ignorant or gullible people were chumped into home ownership, as opposed to people speculating on the boom. By far the biggest offenders of subprime were those with good credit, maxing themselves out, and speculating on the flip market. And ... for every 10 mortgages underwater, I'll bet there's 8 with HELOCS used to fund the fat lifestyle.
As for CEOs ... I agree they're way too highly compensated, even in the world of Sox. I don't know enough about drug companies, and recognize their huge investments into new therapies that save lives. The US underwrites the cost of those drugs to the rest of the planet, right?
I tend to buy into the view that Oil companies are less to blame than our own government, who won't let us (a) build more refineries without crazy expense, and (b) drill in ANWAR. We pollute less today than when we were all young, perhaps in part because we've outsourced all our polluting stuff to places where no one gives a shit, like China. Sure, they send it back in little bits in our kid's plastic toys. Someday people will care.
As for Spitzer, he's boned. Interested to see how Hill respondes to the 'crisis'.
By , at
Tue Mar 11, 03:41:00 PM:
(left out the last part of the sentence): Lots of people losing their homes lost it on their own accord. I find the argument that ignorant or gullible people were chumped into home ownership, as opposed to people speculating on the boom (to be horse manure) ... even though I know based on what I do that the banks were slack, and unscrupulous, etc. That's why Clayton's cut a deal for immunity. Some big banks are going to get crushed in the final analysis.
Still, people need to be responsible for their financial transactions. It can't always be someone else's fault.
