South Texas Chisme

A collection of South Texas Political gossip.

Monday, October 06, 2008

Cornyn is for Bush bailout and whatever else Bush wants

Why would any Texan want to send Cornyn back to the senate to do you all over again? Help Rick Noriega beat Cornyn!
Cornyn voted last week in favor of the financial rescue package. He said that by limiting executive pay and adding oversight and transparency, Congress greatly improved the plan the Bush administration first proposed.

Noriega said the plan did not go far enough to protect taxpayers, echoing a sentiment voiced by U.S. Rep. Lloyd Doggett, an Austin Democrat. Although it received support from many leading Democrats — including the party's presidential nominee, Sen. Barack Obama — Noriega said he would have voted against it.
CEOs have already left with their hundreds of millions. The excessive CEO pay is just smoke and mirrors.

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4 Comments:

At 11:54 AM, Blogger Remind Myself said...

*


Recently an insurance company nearly wind up....


A bank is nearly bankrupt......filing chapter 11 protection.


How it affect you? Did you buy insurance? Did you buy mini note or bonds?



Who fault?


They bailout trouble finance company, but they will not bail out your credit card bills……You got no choice, and no point pointing finger but you can prevent similar things from happen again……


The top management of the Public listed company ( belong to "public" ) salary should be tied a portion of it to the shares price ( IPO or ave 5 years ).... so when the shares price drop, it don't just penalise the investors, but those who don't take care of the company.....If this rule is pass on, without any need of further regulation, all industries ( as long as it is public listed ) will be self regulated......because the top management will be concern about their own pay check……
Meanwhile if company was being acquired, there will be a great movement in terms of staff……eventually staff suffer also.
Some might feel that it sound stupid….. as there is long and Short position…but in reality there is still many different caliber CEO…..so there is still long and short…..They can ban short selling definitely they can do something about this.......


Are you a partisan?

Sign a petition to your favourite president candidate, congress member, House of representative again and ask for their views to comment on this, and what regulations they are going to raise for implementation.....If you agree on my point, please share with many people as possible.... Finance and Media are the two only industries can shaken politics ( Maybe Hackers can ), please help to highlight also...

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http://remindmyselfinstock.blogspot.com/

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At 3:22 PM, Blogger Clark Bowers said...

UMMMMMMMMMMMM OBAMA voted for the "Bush" Bailout as well.

Care to comment poster?????

Then Noriega let Clinton endorse him after she did.

Why do you democrats trying to spread a communist small version of everything. What is this China?? If the republicans didn't extinguish the fire the democrats started, then what should we just watch the country burn??!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 
At 4:33 AM, Blogger Corpus Christi Republicans Suck said...

Remind Myself:

No discussion of insurance in these last 28 days before the election should neglect to mention Lobbyist Todd Hunter's miserable record on this issue. The Texas Ethics Commission confirms Lobbyist Hunter took more than a million from the insurance industry as their lobbyist to keep our premiums high. Lobbyist Hunter must be stopped.

 
At 11:22 AM, Blogger CouldBeTrue said...

I am not happy with the Bush bailout either. The money is going to cronies the way Republicans like it. I would like to see the money go towards something that helps the American people - like infrastructure .

 

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