Thursday, October 7, 2010

Burr will never rein in Wall Street's big bonuses


Europe is moving to put in place some sensible regulations to cap Bankers' bonuses and pay.

It amazes me, beyond belief, how Americans were so opposed to the $787 Billion bank bailout in our nation. I too was repulsed that we gave all that tax money to save these banks, then they turn around and award themselves massive pay and bonuses. But we had to save the banks, or our nation would have fallen into a deep depression.

And these same Americans are also repulsed by the pay on Wall Street. You see it in the polls and hear it when you talk with your neighbors. Something has to be done about the egregious pay on wall street. ... BUT

Ignorant Americans are going to flock to the voting booth this fall to vote Republican - the very party that initiated and executed that $787 Billion bank bailout. It's also the very party that won't lift a finger to propose sensible limitations on Wall Street pay.

What's the definition of insanity? .... executing on the same failed policies over and over?

American voters are insane.
Republicans are insane.

North Carolina deserves better than Republican Senator Richard Burr.

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