Congressional and Presidential support to limit severance pay of the executives of the failed financial institutions is growing despite the fact that the FBI is investigating these companies for possible mortgage fraud. What gets me is why the executive of these companies are getting any kind of severance package at all? When I left my job in Gilmer, after teaching 9 years and over 1,000 children, all I got was a coffee mug and a pat on the back. Actually, I didn't even get the pat on the back. These executives are going to get Millions of dollars for doing a lousy job of investing our money and possibly committing mortgage fraud or other crimes. Why?
At least some people are getting past the panic mode; Conservative members of Congress are asking the rest of the Congress to 'Take a Breather' before passing anything irrational. At least the Democrats want to limit or cut the severance pay before attempting to "bail out" these companies.
Despite the fact that over 85% of all Americans polled, in several polls, are against the "buy out" of these companies. Congress is pushing ahead with the plan to "rescue" these failed institutions. Are they really doing what is best for our nation or are they doing what is in their own best interest?
John McCain laid out his 5 Five Fixes in his recovery plan yesterday. Barack Obama is saying that "Middle Class tax-cuts are absolutely necessary and the taxpayers of our country must be protected."
Is there a legal way I can refuse to pay my taxes to a government who has lost its mind?
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