“When all the trees have been cut down, when all the animals have been hunted, when all the waters are polluted, when all the air is unsafe to breathe, only then will you discover you cannot eat money.“ Cree proverb
This is one of the only bipartisan issues that either parties won’t do anything to put an end to! Wish I could be sent to a comfortable retirement even if I was a failure!
Let’s thank a system that enabled the dark money campaign contributions which the Roberts court has turbo charged. Neither side can get elected without the Mega Bucks or buying a SCOTUS Clarabelle clown.
There is nothing wrong with giving a solid CEO a golden parachute if it convinces him or her to take over a troubled company and try to turn it around. The issue is when a troubled CEO takes over a solid company and turns it around.
Hell last I heard the government is still in courts trying to recover money from the first bail out; the rich had to fill out one page of paperwork to get millions, while a single mother is required to fill out 35+ pages yearly to receive assistance; talk about the disparity here?
Danae seems to think a pillow is more practical to hold money than a parachute, which might be true for the every-day bank thief. She also doesn’t yet realize a parachute is designed to land in a place where many bags of money have been stashed.
OK, here’s the story. In the 1930’s 9000 banks were allowed to collapse. All the money of all the depositors was lost. I had a great uncle that buried his money in a coffee can because of that. It was called The Great Depression and all the stuff the GQP is against to this day started in 1933 with FDR’s New Deal. NO sitting president of the United States is going to let another disaster like that happen if it can be stopped. Not one, not one of either party and the legislature will back that president even if they do whine and moan about it in public. Bank bailouts are a fact of life because the alternative is worse.
United States Senator William Proxmire, Democrat from Wisconsin, began to issue the Golden Fleece Award in 1975 in monthly press releases. In 1988, The Washington Post referred to the award as “the most successful public relations device in politics today”. He once told me the scariest thing in politics is the truth; I miss our chats!
Been through one ourselves. The bank CEO/president took off in his massive golden parachute while we all lost our jobs. First time in my life that I did not have a job since I was 15 for almost two years. Lost my house in the process too. Still mad every time I see the bank buildings.
The 1% are stupid in one area. They all trust someone to manage their assets. Maybe 1,000 or so world wide. If they would, these 1,000 could distribute their wealth to the rest of us. It will never happen, but it is possible
Superfrog over 1 year ago
Maybe it’s got something to do with inflation?
The dude from FL Premium Member over 1 year ago
They never lose money and they never go to jail, we’ll cover it for them
HidariMak over 1 year ago
“When all the trees have been cut down, when all the animals have been hunted, when all the waters are polluted, when all the air is unsafe to breathe, only then will you discover you cannot eat money.“ Cree proverb
B4ItNs over 1 year ago
This is one of the only bipartisan issues that either parties won’t do anything to put an end to! Wish I could be sent to a comfortable retirement even if I was a failure!
admiree2 over 1 year ago
Let’s thank a system that enabled the dark money campaign contributions which the Roberts court has turbo charged. Neither side can get elected without the Mega Bucks or buying a SCOTUS Clarabelle clown.
Doug K over 1 year ago
Can’t the government just provide everyone with a golden parachute or pillow?
dflak over 1 year ago
Bank robbery in the modern era.
sleepyhead over 1 year ago
This reminds me of Little Nemo in Slumberland.
notjimothy over 1 year ago
I have known some that got fired for making bad loans
vaughnrl2003 Premium Member over 1 year ago
There is nothing wrong with giving a solid CEO a golden parachute if it convinces him or her to take over a troubled company and try to turn it around. The issue is when a troubled CEO takes over a solid company and turns it around.
Grandma Lea over 1 year ago
Hell last I heard the government is still in courts trying to recover money from the first bail out; the rich had to fill out one page of paperwork to get millions, while a single mother is required to fill out 35+ pages yearly to receive assistance; talk about the disparity here?
sandpiper over 1 year ago
Danae seems to think a pillow is more practical to hold money than a parachute, which might be true for the every-day bank thief. She also doesn’t yet realize a parachute is designed to land in a place where many bags of money have been stashed.
ladykat over 1 year ago
Nice heist, Danae!
The Old Wolf over 1 year ago
Unchained capitalism. Meanwhile, the tent cities across our nation grow ever larger.
Masterskrain over 1 year ago
I wondered where this was headed…
oldchas over 1 year ago
OK, here’s the story. In the 1930’s 9000 banks were allowed to collapse. All the money of all the depositors was lost. I had a great uncle that buried his money in a coffee can because of that. It was called The Great Depression and all the stuff the GQP is against to this day started in 1933 with FDR’s New Deal. NO sitting president of the United States is going to let another disaster like that happen if it can be stopped. Not one, not one of either party and the legislature will back that president even if they do whine and moan about it in public. Bank bailouts are a fact of life because the alternative is worse.
rmfrye Premium Member over 1 year ago
So sad, so true.
Grandma Lea over 1 year ago
United States Senator William Proxmire, Democrat from Wisconsin, began to issue the Golden Fleece Award in 1975 in monthly press releases. In 1988, The Washington Post referred to the award as “the most successful public relations device in politics today”. He once told me the scariest thing in politics is the truth; I miss our chats!
CrazyLady Premium Member over 1 year ago
Been through one ourselves. The bank CEO/president took off in his massive golden parachute while we all lost our jobs. First time in my life that I did not have a job since I was 15 for almost two years. Lost my house in the process too. Still mad every time I see the bank buildings.
Mario500 over 1 year ago
(admires art of this cartoon)
T... over 1 year ago
Don’t bank on it honey…
mindjob over 1 year ago
Looks like a golden bean bag chair. That should hold most of my cash
Teto85 Premium Member over 1 year ago
What Color is Your Parachute? https://en.wikipedia.org/wiki/What_Color_Is_Your_Parachute%3F
leemorse9777 over 1 year ago
The 1% are stupid in one area. They all trust someone to manage their assets. Maybe 1,000 or so world wide. If they would, these 1,000 could distribute their wealth to the rest of us. It will never happen, but it is possible
Can't Sleep over 1 year ago
Or reality.
keenanthelibrarian over 1 year ago
So THAT’s how it works … always wondered.
keenanthelibrarian over 1 year ago
The CEO of a big, stupid bank that just fell in a heap??
198.23.5.11 over 1 year ago
Golden Parachute—-a reward for failure…and a bribe to shut up.
cwg over 1 year ago
Rather ironic this was written a long time ago and then Monday happens.