Capuano's heated words to 8 bank CEOs

[duffless2323.livejournal.com]

So this was posted on Wonkette today and thought some of you might be interested.
The video from CSPAN runs about 5min.

http://wonkette.com/406161/congressman-to-ceos-die

Comments

[agnosticoracle.livejournal.com]

So you are against hyperbole? *puzzles*

And as Cos pointed out later in the thread saying Capuano helped make this legal isn't exactly "intellectually honest" either.

[pierceheart.livejournal.com]

which, if you look at when I posted that which I posted, Cos hadn't yet posted what he did.

[agnosticoracle.livejournal.com]

What Cos posted was true long before he posted it, even if neither of us knew it.

[pierceheart.livejournal.com]

the truthiness of what Cos pointed out isn't the issue.

You're pointing out that my statement about Capuano is intellectually dishonest presupposes I knew what Cos was pointing out - otherwise, I was merely ignorant of that situation.

[agnosticoracle.livejournal.com]

The point I've been making is that Capuano was justified for rhetorically attacking the CEOs. I presume you now agree.

Saying "Capuano helped make this legal" is still incorrect. Though I will concede the phrase "intellectually honest" implied deception when the cause was ignorance.

[pierceheart.livejournal.com]

I think the CEO's are dirtbags who justified their huge salaries by saying "look at all the risks we take! We deserve big payouts" and now they aren't willing to face the consequences of their risk, they're passing off the moral hazard.

I think that the legislation was crookeder than a dog's hind leg, and I wish the system weren't gamed such that these things call happen.

But, I do think that if Capuano's going to lambaste the CEO's, he should look at the sort of things that allowed them to happen, all of Congress should, and admit their part in it.

That better?

There is absolutely no justification

[nvidia99999.livejournal.com]

For why any CEO should make more than the US President. The US President is the person who takes the most risks and has the most responsibilities of everybody.

Re: There is absolutely no justification

[pierceheart.livejournal.com]

There's no justification for anyone but the people who pay a CEO to determine how much they should make, IMO.

[agnosticoracle.livejournal.com]

So you want congress to make these kind of things illegal. But you only want people without sin (or have gone through public confession) to speak out. I don't think you can have both of those.

[pierceheart.livejournal.com]

funny, we seem to require it of cabinet level appointees.

[agnosticoracle.livejournal.com]

Which makes my point. =)