Campaign 2010

Countdown to Congressional Elections

The most effective way to restrict democracy is to transfer decision-making from the public arena to unaccountable institutions: kings and princes, priestly castes, military juntas, party dictatorships, or modern corporations.
Noam Chomsky, M.I.T. emeritus Professor of Linguistics

The Rise of Corporate Freedom of Speech

(Surpassed 2008 total on August 18)

See Weekly Spending Totals

$2.9 Billion Spent in 08
on Congressional Race
↑
See Major Contributors
Corporate money in politics is bad enough. Secret corporate money is intolerable.
Primary Election Results
(UPDATED: August 25, 2010)






"The Great 2010 Incumbent (Non-)Revolt"

Senate Primary’s
Incumbent Democrats
1 Loss; 6 Wins of 13
Incumbent Republicans
1 Loss; 9 Wins of 12

House Primary’s
Incumbent Democrats
2 Loss; 182 Wins of 245
Incumbent Republicans
2 Loss; 140 Wins of 158
General Election Candidates

Senate

House of Representatives

Visual Facts

Hover to Pause.
Click Image for Larger Size.
National Debt Clock
Hover to Pause

WHEN Did You Become Fiscally Responsible?
BEFORE Obama or AFTER Obama??
January 20, 2009
$10,838,758,414,164.46 - ↑90%
Discretionary Spending at 48.6%
January 20, 2001
$5,719,124,940,098.04 - ↑36%
January 20, 1993
$4,192,107,025,882.17 - ↑62%
January 20, 1989
$2,601,104,000,000.00 - ↑189%
January 20, 1981
$909,041,000.000.00

Click Image for Full Size

Debt by President
Are You A Tea Party Hyprocrite??
(Click for Debt Details)

United States of Corporations

Thanks to the GOP's Supreme Court
(Click Flag for Full Size)
Corporate Bill of Rights

Quotes and Links

Hover to Pause
(Look for the Listings)

The Decade When the U.S. Lost Its Way

Where Have All the Neocons Gone?

From Neocons to Crazy-Cons

America Builds an Aristocracy

Supreme immodesty: Why the justices play politics

The Biggest Medicare Fraud Ever

Enough Right-Wing Propaganda

Tax Rate for Richest 400 Taxpayers Plummeted in Recent Decades, Even as Their Pre-Tax Incomes Skyrocketed

"The financial reform bill will determine whether Wall Street’s banks will serve the American economy or whether the American economy will continue to serve Wall Street's banks."

"While the economy doesn't function for most of us ordinary workers, it yields considerable reward for those at the top."

Republicans Are Locked in a Passionate Embrace with a Corpse and Won't Let Go

"The most important thing Republicans think is that if there are Americans who can't afford the insurance policies that private insurers are willing to offer, then that's their problem."

"It should tell you everything you need to know that, in lobbying to retain its bank supervisory powers, the Fed's allies include the big Wall Street banks."

"[Texas Republican Jeb] Hensarling told a Texas-size whopper — and then tried to claim Republican credit for Bill Clinton’s budget surpluses."

"The Supreme Court's 5-to-4 decision last week giving American corporations the right to unlimited political spending was an astonishing display of judicial arrogance, overreach and unjustified activism."

"It was wrong because nothing in the First Amendment dictates that corporations must be treated identically to people."

"They backed the truck up to Fort Knox in broad daylight. They emptied it out, we rescued them and they get $150 billion in bonuses."

"A huge, unregulated boom in which almost all the upside went directly into private hands, followed by a gigantic bust in which the losses were socialized."

So You Just Squandered Billions . . . Take Another Whack at It

Banks 'Too Big to Fail' Have Grown Even Bigger

Bankers' bonuses Beat Earnings as Industry Imploded

U.S. Rescue May Reach $23.7 Trillion

The Bank Bailouts — Corporate Welfarism

New Evidence Cheney Swayed Reaction to Leak - Valerie Plame

Once Again, The More You Watch Fox The Dumber You Are

"Over the past year, the Federal Reserve and the Treasury have injected trillions of dollars into frozen financial markets, snapping up unwanted bonds, extending guarantees to banks and slashing interest rates."

Building a Better Capitalism

The End of Supply Side Economics

The Great Wealth Transfer

The Richer

Who Rules America? Power, Politics, and Social Change

Proponents of Estate Tax Repeal Are Resurrecting Old Misconceptions

Income Gaps Between Very Rich and Everyone Else More Than Tripled In Last Three Decades

Ending Plutocracy: A 12-Step Program

Our Gilded Age

The Rich and the Rest of Us

GOP's "Small Government" Talk is Hollow
Distortions, Hypocrisy & More

"I'm not upset that you lied to me; I'm upset that from now on I can't believe you"
Friedrich Nietzsche
[Hover to Pause]

Today is
«  
  »
October 1, 2008

The Most Outrageous Of All CEO Compensations

October 1, 2008

 

The Facts

 

How would you like to make nearly $20 million for just 17 days of work? That’s exactly what Alan Fishman, CEO of Washington Mutual (WaMu), did. The Board of Directors signed a contract with him just 17 days before the company was taken over by federal regulators. And the contract was the typical “suit of armor, golden parachute” kind.

 

My View

 

What more can be said about this? Wall Street just keeps shoving it in our faces with more and more of their arrogance. Yea, I know; WaMu was “taken over” by JPMorgan, and “it didn’t cost us taxpayers nothing”. Sure!

 

Does anyone believe the Board of Directors didn’t know WaMu was about to be taken over by the government when they signed Fishman’s contract? If they did, what was in it for them? Maybe Fishman signing off on big packages for CEO’s of other companies who just happen to be a board member of WaMu? Who knows?

 

The above hyperlinked article points out other CEO’s who got huge pay checks for very short hours. And for more pleasant reading while you think about your $2 trillion that’s on its way to Wall Street, I offer you this; “The Kings of Golden Parachutes”. And, if you have some time left over, you can read about “The highest paid men & women in America”.

 

Bookmark and Share
October 1st, 2008 | Tags: , | Category: Wall Street

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>