Ok let’s see what sort of DRACONIAN MEASURES Barack Obama has proposed for our nation’s permanent underclass of persecuted corporate CEOs, whose only sin was caring so much about their companies that they continued to happily accept record pay and bonuses while their businesses lost literally billions of dollars and had to be bailed out by the government. MORE »

You know how the entire U.S. and maybe Global Economy is collapsing, right now? That’s all because people like Countrywide CEO Angelo Mozilo came up with the brilliant idea of giving huge mortgages to people with no down payment and no income and no credit, and then he immediately sold the mortgages to investment banks and hedge funds that chopped up the loans and sold them again and again, so that basically the entire financial system was propped up on trillions of dollars worth of doomed loans that Countrywide knew were worthless, and this whole shell game caused a real-estate bubble that has since popped, wiping out half the house equity in the nation, and meanwhile these same chief executives were taking home hundreds of millions in bonuses for pulling off this fraud operation.

That’s why Virginia Congressman Tom Davis wants to make sure these subprime CEOs are treated very well during this difficult time. MORE »

MORE »