http://cashmoneylife.com/2009/03/22/roundup-world-baseball-classic-edition/ Money Management, Small Business, Career Mon, 22 Mar 2010 01:21:30 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://cashmoneylife.com/2009/03/22/roundup-world-baseball-classic-edition/comment-page-1/#comment-17218 Curious Cat Investing Blog Sun, 22 Mar 2009 19:18:02 +0000 http://cashmoneylife.com/?p=1477#comment-17218 The bonuses are obscene. Not just now, but also originally. The disastrous consequences we suffer from today are not independent of the <a href="http://curiouscatlinks.blogspot.com/2009/03/dont-excuse-immoral-looters.html" rel="nofollow">entitlement cleptocracy mentality</a> of those that looted companies. They are a result of the <a href="http://management.curiouscatblog.net/2005/12/04/excessive-executive-pay/" rel="nofollow">behavior such looters engage in</a> and the failure of government to regulate systemic risk to the economy. Some people are unethical and immoral. So you are going to have such people loot when they can. There looting would have just been restricted to bankrupting companies if <a href="http://investing.curiouscatblog.net/2008/09/24/too-big-to-fail/" rel="nofollow">regulators had prohibited behaviors from huge political donors</a> that endangered the economy. The bonuses are obscene. Not just now, but also originally. The disastrous consequences we suffer from today are not independent of the entitlement cleptocracy mentality of those that looted companies. They are a result of the behavior such looters engage in and the failure of government to regulate systemic risk to the economy. Some people are unethical and immoral. So you are going to have such people loot when they can. There looting would have just been restricted to bankrupting companies if regulators had prohibited behaviors from huge political donors that endangered the economy.

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