Wednesday, January 16, 2008
"CORPORATE GREED" IS DESTROYING AMERICA
The corporate culture in America is out of control with the sub-prime mortgage mess that should not have ever happpened if these "Banks and Brokerage houses" ran there companies with some sense of national responsibility. The bankers and stockbrokers who sold these sub-prime mortgages are getting huge bonuses and at the same time they are destroying the American economy. The same thing goes for the commidities market with oil prices and where they speculate the price of oil higher everyday which is destroying the economy and giving us higher inflation. Therefore, look at the former CEO of Merril Lynch where he destroyed the stock of the company by investing in these sub-prime mortgages. He was ousted as CEO and he received a parachute deal worth over 100 million dollars. This clown should be put in jail for destroying peoples lives. The financial mistakes that these corporations make in America affect peoples lives and ther jobs and they should be held accountable for there risky actions. The Corporations in America have no sense of National responsibility because, the only thing they care about is the bottom line. Therefore, I am asking my bloggers should companies like Merril Lynch and Countrywide be held accountable for there actions in destroying the "Housing Market" and the American economy. These corporate nutcases are making me sound like a left-wing liberial.