Forum Post: DEMAND 1: corporation bonuses have to be regulated.
Posted 13 years ago on Oct. 15, 2011, 7:12 p.m. EST by FabFab
(21)
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all the corporation bonuses given to execs and management should be based on the performance of the corporation and should not be allowed in case of bailouts or poor performance of the company, using those money instead to continue operations and improve services
Bank of America or AIG anyone???
I agree with the idea but it should not be demand #1. Demand #1 should be getting the laws changed so the corporations cannot use their money to bribe the politicians.
I hear what you are saying but I think it's a naive idea. Historically that has always happened and probably always will. Sometimes in the form of cash or in the form of services or favors. Also... why not? after all, if a healthy company gets favored by the government and it grown and employs lots and lots of people in a way that is fair to the workers and the community (see my DEMAND 2) it would be a win win situation. I agree corruption sucks, but it comes with the package of being a human.
You missed the point - right now the bribery is LEGAL and it is disenfranchising voters. The least we can do is make it ILLEGAL. Thinking that you will get any meaningful reforms 1) actually made into law, and 2)put into practice without a myriad of loop holes under the current bribery system is naive. Corruption will continue we can be sure it will be at reduced levels. And when they get caught the American people would have legal recourse.