If nothing else, this, corporate capitalism’s Third Great Depression, is tipping the overclass hand in some interesting ways.
The latest is this letter from the alleged overseer of the Fannie Mae and Freddie Mac rackets, in which we get to see how the executive faction of the investing class tries to justify the salary-based part of its immoral and egregiously outdated appropriation of society’s surplus wealth.
Compare and contrast what bosses say about ordinary employees and what this ass-clown writes about paying $159 million in bonuses to the “managers” of a crashed enterprise:
“It is not realistic to expect that experienced and highly skilled employees wil indefinitely continue to work as hard as they have if we do not provide reasonable incentives to perform…
Meanwhile, here’s my idea of the only staff they ought to be keeping: