Find us elsewhere
Join Now Member Login

WHEN THE POT CALLS THE KETTLE BLACK

 
New Topic
Post Reply
Follow Topic
Page of 1
  • Author
  • Message
 
GriffithCorp

posts: 72

Mar 25, 2009 9:15 AM ET    Quote  Report Abuse
Points: 0   Vote
As I watched the Congressional hearings on AIG, as well as the hearings that placed CEO after CEO on the hot seat for bonuses, pay raises and perks, it occurred to me that the United States Congress is the only group of employees I know who can decide whether or not they give themselves a pay raise.

What a thought. Imagine being able to work for someone and, at the same time, have the power to determine your own pay raise.

As Congress holds AIG to task for the bonuses handed out, and while Congress has passed legislation taxing those bonuses some 90%, the American people should hold Congress to the same standard.

Rather than allow the Congress to vote on its own pay raise, make it a ballot issue. Let the people decide whether or not Congress has performed and done its job well enough to deserve a pay raise.

Let us not forget that Congress is a major part of the mess we are in. AIG, the banks and corporate America are only partially responsible. Congress (our so-called watchmen on the Hill) let this mess unfold.

Do you think this Congress deserves a pay raise? They certainly gave themselves one. Had the decision been up to us, they actually may have had their pay docked for inferior performance.

Then there is another option. The midterm elections are coming up. Perhaps firing a number of them and hiring new "talent" will send a message.

Either way, Congress holding AIG to account for the bonus package in light of the mess AIG has created for itself, is a prime example of the pot calling the kettle black.

Will Griffith

www.griffithcorp.com



-------------------------

Will Griffith
INTERNATIONAL HUMAN RIGHTS TRIBUNAL

Webline

posts: 687

Mar 25, 2009 12:59 PM ET    Quote  Report Abuse
Points: 0   Vote
The problem with that is, Congress would set their own standards, if they could agree on anything .... remember that "Lack of Responsibility" is the golden rule in Washington ....

"Performance? We don`t need no stinkin` performance!"

Anyway, it isn`t always what a member of Congress actually does that`s important, it`s how good they can make themselves look with intent ( "I wanted to do this, but the Whigfarmer Party stopped me .... " ), and how bad they can make the opposing party and its members look to the public ( "My opponent took a pack of gum from a supporter during his campaign; we need a Congressional investigation!" ) that gets them in office .... with every one of them claiming the other side is responsible for anything bad that happens in this country, and their own party should get credit for everything good that happens ( even though that may be very seldom ), I don`t think they could ever set up a system that wouldn`t be hypocritical of themselves.





-------------------------

M Hall
Website Critique Community
International Society of Curmudgeons


CraigL

posts: 9051

Mar 25, 2009 1:18 PM ET    Quote  Report Abuse
Points: 0   Vote
Why not follow the Jackie Mason idea, and put Congress on commission? There`s no difference between "bonus" and "commission," when you come right down to it.

Either way, there would then be some performance requirements.
MattThomas

posts: 203

Mar 25, 2009 2:32 PM ET    Quote  Report Abuse
Points: 0   Vote
That`s an excellent point. And what makes this idea harder to implement is that it is pretty difficult to monitor congress` actions...most voters wouldn`t even go near C-SPAN, even if they could vote on a bonus or commission for congress.


-------------------------

Motivation for Entrepreneurs
Entre-Propel.com
CraigL

posts: 9051

Mar 26, 2009 1:28 AM ET    Quote  Report Abuse
Points: 0   Vote
When you get right down to it, the problem is "how do we get out of this?" How do we get to something new, or back to what was working.

Cutting away the massive discussion, I think it comes down to everyone having to remember that reality exists, and that some things have value on a wider basis than the next 10 minutes.

Too many  people seem to think that "stuff just happens, somehow." I believe we`re all going to have to have a reality check, get back to understanding the connection between work, effort, and discipline with hopes, goals, and creative development.

How and when that`ll happen is anybody`s guess, but I suspect it`s going to take a lot more trouble than what we`re currently experiencing.
mfackrell

posts: 227

Mar 26, 2009 8:19 AM ET    Quote  Report Abuse
Points: 0   Vote
I think your last statement Craig has a lot more truth to it than many people realize.
 
Also, i personally don`t want congress to accomplish anything. When they "accomplish" things it generally only results in taking our money and reducing our personal liberty.
verne

posts: 9

Mar 26, 2009 8:31 AM ET    Quote  Report Abuse
Points: 0   Vote
i agree with you.and congress should have somthing for the people to vote on them.

-------------------------

www.r n l landscape.org
vernonlucas@hotmail.com
vwebworld

posts: 1237

Mar 30, 2009 12:45 AM ET    Quote  Report Abuse
Points: 0   Vote
..... and now the Government is telling GM how to run a business. The CEO was already reduced to a $1 per year salary.
 
They should have let GM go into bankruptcy and reorganize. But now we the taxpayers have funded billions into a failing company, with no guarantee of getting that money back. The government`s action doesn`t set well with existing bondholders who might just say... ok government, here take over... by calling their bonds, and because GM is "too big to fail" the government will "have to" increase funding to pay off the bonds.
 
Gee... I wonder how this will turn out.  Government, who doesn`t know how to fix anything, giving advice to a company.
 
Our Government said: "We have to give GM and other $$ because we can`t let them fail and loose jobs." With the government`s help GM will be cutting 47,000 jobs and closing 5 plants.
 
At least under bankruptcy, our money would not be at stake.
 
OMG, shoot me now !
 
 
vwebworld3/30/2009 2:42 AM


-------------------------

Web Design | Best Beef Jerky | ecommerce articles | Follow vwebworld on Twitter
houseofjerkyjanie

posts: 1150

Mar 30, 2009 10:53 PM ET    Quote  Report Abuse
Points: 0   Vote
Aww... I see, no one has responded to your "shoot me now!"   Yep, it`s a heavy subject. ..... what is going to happen in the years ahead ,.. a big and scary question, for sure!!
Page of 1
Post Reply
 
.
Advertisement

Keep the Community Clean!

  • StartupNation forums should be used as a platform to learn, educate others, share stories, tips & tricks and to provide constructive feedback.
  • Please do not use the Forums for advertising & blatant self-promotion.
  • Please be respectful to other members and refrain from personal attacks and vulgar language.
  • StartupNation reserves the right to delete any message, reply, and/or member who violates our terms of use.
Read full terms of use
Advertisement
Advertisement
Advertisement
Advertisement