Soloxine Free Sample

Greed Is Good For Me, soloxine free sample But Not For Thee                                                                                                                                                                                                                                                                                                                                   In case you missed it, soloxine free sample yesterday’s Washington Post had an op-ed by Neel Kashkari, soloxine free sample a former Goldman Sachs man who oversaw the TARP program. Soloxine free sample In it, soloxine free sample he warns an unsuspecting public about the dangers of the growing deficit and the need to choke it off at the source, soloxine free sample entitlement spending. Soloxine free sample 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. Soloxine free sample The financial crisis has reminded us that free markets are not perfect — but they do allocate capital better than any other system we know. Soloxine free sample A “me first” mentality usually makes markets more efficient. But this “me first” mentality can also lead to shortsighted political decision making. Soloxine free sample Most Americans agree that we need more energy from clean sources, soloxine free sample such as wind power — until someone proposes installing a transmission line near their homes. Soloxine free sample 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. Soloxine free sample But it also runs against our sense of fairness: We have, soloxine free sample after all, soloxine free sample paid for entitlements for earlier generations. Soloxine free sample Is it now fair to cut my benefits? No, soloxine free sample it isn’t. Soloxine free sample But if we don’t focus on our collective good, soloxine free sample all of us will suffer." Let’s put this in perspective. Soloxine free sample Neel Kashkari worked at Goldman Sachs and later directed TARP. Soloxine free sample In between he worked at the Treasury Department under that notorious skin-flint and deficit hawk George W. Soloxine free sample Bush. Soloxine free sample Did he rant about deficits then, soloxine free sample I wonder? Now, soloxine free sample after his golfing buddies have ruined the economy and run off with the loot, soloxine free sample 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. Soloxine free sample How fucking noble. By the way, soloxine free sample while this apostle of selflessness was overseeing the distribution of TARP payments, soloxine free sample where exactly were those payments going? Um, soloxine free sample let’s see … In the fall of 2008, soloxine free sample with the financial system on the verge of collapse, soloxine free sample 17 large banks that were being propped up by taxpayers doled out $1.6 billion in bonuses. On Friday, soloxine free sample the Obama administration’s pay czar, soloxine free sample Kenneth Feinberg, soloxine free sample 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, soloxine free sample” 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, soloxine free sample Goldman Sachs and Bank of America. Soloxine free sample 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 ... Soloxine free sample many of them were over $10 million per individual, soloxine free sample which were in our view ill-advised, soloxine free sample” Feinberg said. I assume his former Wall Street colleagues were spared any lectures about the virtue of self-sacrifice. Soloxine free sample In their case, soloxine free sample you see, soloxine free sample a ‘me first’ mentality is good. Soloxine free sample It allocates capital better than anything else the human race has ever invented. Soloxine free sample It makes markets more efficient. Soloxine free sample But when it comes to you, soloxine free sample Mr. Soloxine free sample and Mrs. Soloxine free sample Kramden, soloxine free sample a ‘me first’ mentality leads to short-sighted political decision making and all kinds of other scary things, soloxine free sample like debts and deficits. Soloxine free sample 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. Soloxine free sample Somebody get me a bucket. To steal a line from The Outlaw Josey Wales, soloxine free sample don’t piss down my back and tell me it’s raining. Soloxine free sample 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. Soloxine free sample Until then, soloxine free sample go back to your freakin’ golf course and leave the rest of us alone. Original article found at: