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I support public bailout of the corporations that are threatining to fail only with the following provisions.
I support bailouts for the companies involved. However I do demand some strings.
1: The government start public hearings and investigations into who devised the ponzi schemes that led to this, and I see indictments.
2: The overpriced CEO's of all companies that are rescued must be fired for cause as a condition of receiving any federal monies. Further that what bonus and other compensation that they received for steering the companies into bankruptcy and hiding this fact for a couple of years be recovered.
3: I also demand that the Fed's part in the whole mess be investigated and made public.
4: I demand that any loans backed by the Federal Government to these corporations be paid back with interest within ten years.
Any corporation which does not meet those basic requirements will be allowed to fail and dismanteled by the courts.
If any elected official tries to give away our money without these safeguards such will be considered as failure to meet the conditions of their oath of office. Such being a crime punishabe by a prison term and fine and removal from and barring from holding office in the future.




