Big pay cuts ... what about Goldman?

And the idiocy go on and on.....

Exactly what does it matter whether the billions in wealth taken from the rest of America goes to Goldman employees or shareholders? The problem is that the wealth was, and is, taken from people further away from the financial sector, and handed to people closer to it. When we have a system whose prime "feature" is to do this systematically, and to accelerate the trend as matter of policy whenever some "aggregate" indicator increases slower than they happen to have done a few years earlier, of course the people at the very center of the financial sector will end up with a lot of money. Duh!

Like, if every time the Fed "needed" to fight this horrible deflation, mischaracterized as price declines in an entirely arbitrary basket of goods; their only means of doing so was handing me enough money so I could bid every price up until CPI increased again. How could I not end up making a lot of money? How dense is it possible to get. And exactly what difference would it make to those robbed to hand me the money whether I paid some of the loot out to my own Vice President of Personal Vanity, or simply kept it too myself. The people robbed for my benefit still wouldn't get their money back, as then the big, bad deflationary spirals would come get us.

Here's a solution that would work, with 100% certainty, as there's simply no way in which it could not work: Just stop the wealth transfers to the financial sector from anyone else, and the financial sector will shrink to < 5% of the economy, with the remaining few percents being actual productive work, not simply living off government largesse, like the current bunch of welfare queens do. Then Wall Street salaries drop by 80+%, Wall Street profits drop the same, the welfare queens find some at least marginally productive to do with their little lives (or simply starve, whichever they prefer), and the rest of America get wealthier, from simply not having to drag a bunch of Armani clad boat anchors along with them in whatever productive work and venture they decide to undertake.

Those companies are too big to have salary cuts. See, if we cut the massive bonuses, the executives might leave and the firms would collapse and the entire world economy would collapse and blood would run in the streets and millions of children would die. So the bonuses are to save the children.

If these bonuses are cut, the terrorists win.

You must hate freedom. Socialist. Racist.

Oh, look over there!!!!! A boy in a balloon!!!!! A politician having an affair!!!!! Swine flu!!!! Wow!!!! Keep looking over there!!!!!