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Barney Frank: CEOs 'Unpatriotic' If They Refuse Pay Cut

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BeyondGeography Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 05:15 PM
Original message
Barney Frank: CEOs 'Unpatriotic' If They Refuse Pay Cut
Take your flag pins and shove it, Pubbies:

Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke tried to head off congressional opposition to a $700 billion bailout of the U.S. financial system. This is how some members of congress reacted in interviews on CNBC:

Rep. Frank: CEOs "Selfish and Unpatriotic"

Wall Street titans who refuse to take a pay cut to join the $700 billion Wall Street bailout are "selfish and unpatriotic."

"What (Treasury Secretary Paulson) is saying here is, this program that they think is very important, we need it to get the economy out of the doldrums. But if it is going to nick (corporate executives ) of a couple of million of the many millions that they already have, they are going to boycott it. I hope they are not that selfish and unpatriotic."

—Barney Frank (D-Massachusetts) House Financial Service Committee Chairman

http://www.cnbc.com/id/26857543


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dennis4868 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 05:17 PM
Response to Original message
1. Hey Barnie....
according the repukes being patriotic means blowing shit up around the world....
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Raven Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 05:18 PM
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2. You just have to love Barney Frank. Brilliant and no bullshit! n/t
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TheDonkey Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 05:20 PM
Response to Original message
3. It has nothing to do with patriotism and everything to do with COMPETENCY
why would we let the fucking crooks rob us and then reward them
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sui generis Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 05:21 PM
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4. I agree to a point
Not every CEO makes millions. I suspect the ones who make the most will pay/volunteer the least while the ones who are most approachable and least "insulated" will end up taking the most heat.

We all love our devils. Only thing is, we need to give them names instead of categories.

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mitchum Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 05:21 PM
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5. In a perfect world (one without stupidity and prejudice) Frank would be on the ticket
give em hell, Barney
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blondeatlast Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 05:21 PM
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6. A-effing-men! I'm happy to give to my country; why aren't they? nt
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tridim Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 05:21 PM
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7. The CEO's are either with us, or against us.
Decide! NOW!
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MrsBrady Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 05:35 PM
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8. throw it back at them, barney! n/t
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TacticalPeek Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 05:36 PM
Response to Original message
9. Not unpatriotic, stupid. Unsurprising considering their present situation.

Nobody is forcing them to sell their shitpile to Uncle Sugar.

If they don't like the terms, they can unload their toxic 'assets' by themselves, and earn those big captain of industry bucks. Break a leg, assholes.

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Abugface Donating Member (153 posts) Send PM | Profile | Ignore Tue Sep-23-08 05:46 PM
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10. Give the SOBs a fair treason trial, then hang them and ...

nationalize their companies.
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nichomachus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-23-08 06:04 PM
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11. Yea, Barney!
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