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Thread: More Govt. Intervention

  1. #1
    Member honker88's Avatar
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    Default More Govt. Intervention

    Get a load of this crap...
    http://finance.yahoo.com/news/Admini...0519.html?.v=6

    This question is for those who think this is either okay or a good thing. Where in The Constitution does it give the Govt. the power to do this crap? Wait, I forgot, The Constitution is a "Living Document" and doesn't mean anything, right?

    Here's a link to The Constitution of the United States to make it easier for you to find.
    http://frwebgate.access.gpo.gov/cgi-...id=f:sd011.105
    Last edited by honker88; 06-11-2009 at 11:20 AM.
    “Government's first duty is to protect the people, not run their lives.” ~ Ronald Reagan

  2. #2
    Senior Member Gerry Clinchy's Avatar
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    Rep. Brad Sherman, a Democrat, said that instead of giving shareholders a nonbinding voice on pay, their votes should be binding on boards of directors.
    It kind of amazes me that large shareholders in poor-performing corporations don't organize some kind of shareholder revolt to accomplish exactly this kind of thing ... they have the opportunity to do so through their votes for the board of directors.
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  3. #3
    Member honker88's Avatar
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    You're exactly right. They do not need to have the Govt. impose that on them. The Govt. doesn't have the power to do so, nor should it.
    “Government's first duty is to protect the people, not run their lives.” ~ Ronald Reagan

  4. #4
    Senior Member duckheads's Avatar
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    here is another one for you:http://finance.yahoo.com/news/CEO-sa...&asset=&ccode=. this administration is out of hand. can you imagine if bush was trying to pull this stuff. it is unbelievable the media is so liberal that he is getting a pass on this stuff!
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  5. #5
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    Quote Originally Posted by duckheads View Post
    here is another one for you:http://finance.yahoo.com/news/CEO-sa...&asset=&ccode=. this administration is out of hand. can you imagine if bush was trying to pull this stuff. it is unbelievable the media is so liberal that he is getting a pass on this stuff!
    Weekend Merger Struck With Bank of America
    By Binyamin Appelbaum and Zachary A. Goldfarb
    Washington Post Staff Writers
    Monday, September 15, 2008; Page A01

    Bank of America struck a $50 billion deal yesterday to buy Merrill Lynch, a merger that will unite the nation's largest consumer bank with one of its most celebrated investment banking firms, according to sources familiar with the negotiations.



    Duh, who do you think was president on September 15, 2008?
    Last edited by Roger Perry; 06-11-2009 at 01:45 PM.

  6. #6
    Senior Member duckheads's Avatar
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    my bad!!!!!!!!!!
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