General Discussion
In reply to the discussion: Shouldn't someone go to prison for this? [View all]Swede Atlanta
(3,596 posts)If you are wealthy or a position in power in business you can screw your employees over for your own benefit without a single thought. There is virtually NO oversight of corporate malfeasance today. I think Dodd-Frank was a good start but it is probably 10% of what we need.
I am all for businesses to thrive and flourish but not to enable executives, LEGALLY, to screw their employees and walk off with millions in loot.
We used to hunt these types down and shoot them dead.
Today, we give them golden parachutes and they move on to the next company to rape, pillage and plunder.
Talk about "values". The only value they have in mind is their net value at the end of each and every day. Screw a few thousand employees by laying them off or snarfing up their pension money to pay for my new pool? Pfffff... only little people pay taxes.
This is the level of entitlement the rich have. We talk about entitlements. Let's talk about the REAL entitlements with corporate welfare and the allowance for corporate executives to fleece stakeholders and employee so they can buy a few new homes.