Don't worry, you can trust me. I'm not like the others.

Banned In China

Tuesday, March 17, 2009

Does It Strike You As Strange or Where Are The Fucking Contracts

Now I've got you by the short and curlies

Does it strike you as strange that we have not seen any of these unbreakable contracts?

OK, maybe Clinton would have been better. Maybe (heresy) McCain would have been better. It is hard to imagine someone being worse. I would have expected that anyone would have tried to buy their friends out of this trouble. Anyone would/could have thrown money at the banks as easily as our Democratic friends are. Although I'm hoping that the Republicans would have had more fun (oh, that Henny Youngman).

As I said his brilliant political skills will only work if he produces. You can run and you can get elected, but then you have to produce --- if you are a Democrat I mean. For the most part Republicans still get a pass.

I would like to see the contacts, though. It is one thing to leak to various news media that the contracts are unbreakable, knowing that the "reporters" (scare quotes) we have now wouldn't even try to see them. It is another thing for congress and the white house to buy into it without looking at the contracts and then letting us see them. Unless they are all in on it (says that little voice in my head).

The more I think about this story the fishier it gets. All those people who are getting the bonuses are probably working at will. All can be fired. And replaced with people who are competent. Let us see these unbreakable contracts. Another question, do you think that given the choice of losing their jobs and foregoing a bonus most of these people would choose to lose their jobs? Aren't bonuses by definition dependant on doing something special? I would think at the vary least you would have to make the firm money not lose the firm money before you get a bonus.

Where are the fucking contracts?
Oh here they are:

So I guess this is what we now own.

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