From 'GOP Opposes Pay Limits On Bailed-Out Bankers.'
"One House Democratic aide quipped that bankers should be required to jump through some of the same hoops that welfare recipients are, beyond a simple salary cap. He suggested making bankers fulfill a strict work requirement and submit a time sheet, signed by a supervisor -- perhaps the Board of Directors -- in 15-minute intervals, proving that they worked 40 hours each week. Only certain activities would count, as is the case with TANF recipients.
"That three hour jet ride to get to the meeting in Chicago doesn't count. Reading the Wall Street Journal is also not a countable activity. If they fail to do this once, you cut them off of TARP funds. If they fudge the time sheet, you charge them with TARP fraud and make them pay back any government money they've received," the aide joked. "I'm sensing a legislative opportunity."
OK, the point that we have different rules for the poor and for the rich is absolutely on point and inexcusable. Of course, the weak point to this argument is that it wasn't the Wall Street types (or even just the Republicans) that brought about this state of affairs, it was the politicians of both parties. But, as per usual, the trick is to denounce these harsh rules as if they just came into being by themselves i.e. take no responsibility.
This blogger believes that it would be a good idea to extend this to the political class that runs this country, and who arguably bear as much, if not more, responsibility for the sad state of affairs as the reviled bankers... How about our representatives and senators also having to fulfill a strict work requirement, proving documentation of their workload. Only certain activities would count! Fund raising, limousine rides, self-congratulatory speeches, scratching another pol's back, engaging in quid pro quos, etc. would not be countable activities. If they engage in any of these or similarly proscribed activities they can be charged with fraud and made to pay back all government money they have received (i.e. their salaries). After all, what's good for the goose...
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