Quote:
Originally Posted by classicman
Why should we put aside the issue of transparency and holding people accountable? Isn't that what this administration, in part, got elected to do? We now know Geithner & Dodd were responsible, they admitted it. Very clearly they should be held accountable.
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Who is putting aside the issue of transparency and accountability?
There is more transparency now than when Bush first approved and signed the TARP bill and Paulson administered its implementation.
Accountability?
Do you want Geitner fired for this one small "transgression" rather than judge him on the entirety of his work to date as Treasury Secretary, including his plan to prevent further housing foreclosures by assisting those responsible home owners who are facing financial hardship because they may have lost their job or seen the value of their home decline?
Do you want Dodd to face a Senate ethics inquiring even though the act of inserting the particularly language in the bill does not rise to the level of an ethics investigation. If that is the case, shouldnt we hold the Republicans in Congress accountable as the ones who opposed including any limits on executive compensation in the original legislation.
I stand by what I wrote...the ultimate outcome is likely be what Obama and the Democrats want and the Republicans have fought - tougher regulation of the financial services/banking sector and higher taxes on the top income earners.