Matthews wonders why today’s CEOs aren’t committing hari-kari in shame

Ummmm. I’m not really sure what to say here. Is Chris suggesting that today’s CEOs should be jumping out of windows in shame for what he thinks they ‘ve done to the economy? Or, is he just getting misty eyed for the good old days? Help me out here my little mobsters.

The conversation between him and noted lefty, seniors will just have to die, economist Robert Reich, concerned the debt ceiling battle and the Republican refusal to raise taxes on the rich. Chris lays the blame of this current recession directly at the feet of the “wealthy” … who in Chris’ mind have sucked up all the cash out there and now just don’t want to share. Why, back in the good old days CEOs would never take these salaries … they would take the blame and … ummm … jump out the window to save family honor? Your patriotic duty.


Set aside the tragic nature of the aftermath of the 1929 crash when Wall Street executives saw personal and corporate fortunes destroyed, according to most reports of the era the suicides were mostly urban legend, not withstanding the desperation people felt as fortunes melted away in hours. I doubt they saw it as their patriotic duty, or an honor saving action to jump to their deaths.

As for today what a CEO earns has no impact on wages or even jobs for others, other than the jobs they provide. The left always seems to see wealth, instead of an ever changing and usually expanding base of capital, as just one big constant pot of money and the rich jumped in first and took it all leaving the rest of us just … change … and … hope?

Kinda makes you think of this one, heh?


14 replies
  1. Anne-EH
    Anne-EH says:

    Jim, could it be because the Democrats and the liberals are simply are trying to “project” themselves to those people and companies that make America work instead at taking a good, long hard look at themselves in the miror? The problem is that we have a federal government that is out-of-control in both spending and overregulations!

  2. Tim-in-Alabama
    Tim-in-Alabama says:

    It used to be cable television show hosts who had the lowest ratings in their times slots (but the highest ratings among conservatarian talk shows) would jump off buildings or drive under a gas truck. Do they have no shame now? Do they not care about all the stupid things they say each and every night?

  3. crystal4
    crystal4 says:

    Corporate profits of the largest 500 companies soared 81% and created virtually no jobs. (And many of these companies? are growing faster overseas than in America).
    So what are the wall st. CEO’s doing? Screaming for more tax breaks.
    How’s that “trickle down ” working for ya?

  4. SeeingRed
    SeeingRed says:

    It’s always going to be a bad day for you when you need to bolster your argument with Robert B. RRRRRReich.

    Corporations and CEO’s number one job is to make money for thier?shareholders/corporation.? It’s not necessarily to create employment.? That said, if they do not perform in the given business environment (local, state and federal regulation, world economy, etc.), they lose thier job.?

    Wanna see growth in the employment arena?? Get the Gubmint out of the way.? Period, end of story.? Given an open door, greedy companys can’t help themselves and will hire/grow (and oh darn,?make money) as fast as they can.?

  5. PatRiot
    PatRiot says:

    I weary of this red herring 😕 Tax the rich? vs. cut taxes for the rich.
    And another thing!?? When has raising the debt ceiling EVER improved our financial status??

  6. TomL
    TomL says:

    Crystal you answered your own question. The growth is overseas and not here because of the burdensome regulations coming out of the white house.?I got to wonder why it seems that most of the ?wall street and banking ceo’s are obamas lefty buddies. Along with Buffet, Bill Gates, Obamas job czar and ceo of GE Jeff?Imelt. Also CEO’s of Google and Facebook.

  7. Eric
    Eric says:

    Soon our national nightmare will be over. ?In November 2012 we’ll have elected a grownup to take the place of the clown that now resides in the Oval Office. ?And next year, with any luck, we’ll be arranging the flowers for the funeral for Obamacare. ?There will be so much work to do to undo the harm that the boy-president has done to our country. ?Our allies will need some time to realize that we haven’t turned into the patsy that Obummer would like everyone to think we are. ?Our military will have a real Commander and Chief, one who respects them and defers the the proven advice of their leadership when the situation so dictates. ?Imagine having a President who doesn’t think of himself as King! ?How about a President who can speak intelligibly without a teleprompter. ?And how about a First Lady who spends less time telling us all how and what to eat, and more time acting like a First Lady! ?I’m sure you all think I’m crazy, but it’s my story and I’m sticking to it!?

  8. Dimsdale
    Dimsdale says:

    If shame were the sole motivator for hara kiri, Matthews couldn’t eat with a butter knife.

  9. Lynn
    Lynn says:

    Jim, Are you trying to make us commit hari-kari? Please, Mathews AND Grayson.? Public work jobs, oh that’s just what we need, More people to pay to sit around having coffee breaks and siestas.

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