Arimidex Online Review

Greed Is Good For Me, arimidex online review But Not For Thee                                                                                                                                                                                                                                                                                                                                   In case you missed it, arimidex online review yesterday’s Washington Post had an op-ed by Neel Kashkari, arimidex online review a former Goldman Sachs man who oversaw the TARP program. Arimidex online review In it, arimidex online review he warns an unsuspecting public about the dangers of the growing deficit and the need to choke it off at the source, arimidex online review entitlement spending. Arimidex online review His piece is called “No ‘Me First’ Mentality On Entitlements.” "Our belief in free markets is founded on the idea that each individual acting in his or her self-interest will lead to a superior outcome for the whole. Arimidex online review The financial crisis has reminded us that free markets are not perfect — but they do allocate capital better than any other system we know. Arimidex online review A “me first” mentality usually makes markets more efficient. But this “me first” mentality can also lead to shortsighted political decision making. Arimidex online review Most Americans agree that we need more energy from clean sources, arimidex online review such as wind power — until someone proposes installing a transmission line near their homes. Arimidex online review Most people are against earmarks — unless it is their representative scoring money for their district. Cutting entitlement spending requires us to think beyond what is in our own immediate self-interest. Arimidex online review But it also runs against our sense of fairness: We have, arimidex online review after all, arimidex online review paid for entitlements for earlier generations. Arimidex online review Is it now fair to cut my benefits? No, arimidex online review it isn’t. Arimidex online review But if we don’t focus on our collective good, arimidex online review all of us will suffer." Let’s put this in perspective. Arimidex online review Neel Kashkari worked at Goldman Sachs and later directed TARP. Arimidex online review In between he worked at the Treasury Department under that notorious skin-flint and deficit hawk George W. Arimidex online review Bush. Arimidex online review Did he rant about deficits then, arimidex online review I wonder? Now, arimidex online review after his golfing buddies have ruined the economy and run off with the loot, arimidex online review he comes out in the Washington Post and scolds us about the need to rise above our immediate self-interest and make sacrifices for the collective good. Arimidex online review How fucking noble. By the way, arimidex online review while this apostle of selflessness was overseeing the distribution of TARP payments, arimidex online review where exactly were those payments going? Um, arimidex online review let’s see … In the fall of 2008, arimidex online review with the financial system on the verge of collapse, arimidex online review 17 large banks that were being propped up by taxpayers doled out $1.6 billion in bonuses. On Friday, arimidex online review the Obama administration’s pay czar, arimidex online review Kenneth Feinberg, arimidex online review passed judgment. He said the payouts were “ill advised.” But he also said he did not believe the payments were “contrary to the public interest, arimidex online review” and he does not plan to ask the companies to pay the money back. The 17 companies making the excessive bonus payments while on government life support included Citigroup, arimidex online review Goldman Sachs and Bank of America. Arimidex online review Feinberg described the payments in an interview with NPR after he delivered his report on executive pay to the Treasury Department. “Some of the payments ... Arimidex online review many of them were over $10 million per individual, arimidex online review which were in our view ill-advised, arimidex online review” Feinberg said. I assume his former Wall Street colleagues were spared any lectures about the virtue of self-sacrifice. Arimidex online review In their case, arimidex online review you see, arimidex online review a ‘me first’ mentality is good. Arimidex online review It allocates capital better than anything else the human race has ever invented. Arimidex online review It makes markets more efficient. Arimidex online review But when it comes to you, arimidex online review Mr. Arimidex online review and Mrs. Arimidex online review Kramden, arimidex online review a ‘me first’ mentality leads to short-sighted political decision making and all kinds of other scary things, arimidex online review like debts and deficits. Arimidex online review A $10 million dollar bonus payment to a paper pushing con-man is an economic boon; collecting a six-hundred dollar a month social security check is narrow short-sightedness and constitutes a dire threat to the economy. Arimidex online review Somebody get me a bucket. To steal a line from The Outlaw Josey Wales, arimidex online review don’t piss down my back and tell me it’s raining. Arimidex online review The day we cut back on the $700 billion plus we spend every year on defense is the day I’ll listen to patriotic calls for self-sacrifice. Arimidex online review Until then, arimidex online review go back to your freakin’ golf course and leave the rest of us alone. Original article found at: