Bombardier - and our questionable leaders

[betsy]

Who ever made that deal subsidizing Bombardier - and whoever approved that deal - ought to resign from office. 

 

I'm not only  questioning our leaders' skills at making decisions.  I'm questioning their integrity. 

Is there corruption involved with this deal?  Because, the deal stinks!

The fat bonus that amounts to millions that are being awarded to executives is a big slap in the face.  Our leaders and Bombardier, show contempt for the taxpayers. 

 

Since when do you give award to executives who f***ed up?  Bombardier wouldn't be dipping into taxpayers money had they not made major f***-ups!  

You don't award executives  for screwing up.  You fire them!

 

Edited April 11, 2017 by betsy

[Wilber]

Most countries with large aviation industries subsidize those companies in some way. Direct involvement and the use of national airlines as in Airbus or massive military contracts as in the US.

Giving huge bonuses to executives of companies you are bailing out is another matter. Those guys have no shame and if anything, should be taking a pay cut.

Edited April 11, 2017 by Wilber

[betsy]

Quote

Giving huge bonuses to executives of companies you are bailing out is another matter. Those guys have no shame and if anything, should be taking a pay cut.

 

The government ought to have made sure nothing like that happens.  It should've been one of the conditions.

Edited April 11, 2017 by betsy

[Thinkinoutsidethebox]

It's big business, win or lose executives get their cut. You think any of Nortel's executive staff is standing in food lines?

[betsy]

7 hours ago, Thinkinoutsidethebox said:

It's big business, win or lose executives get their cut. You think any of Nortel's executive staff is standing in food lines?

 

Who said anything about standing on food lines?

 

The fact that our government made a stinky deal - without protecting taxpayers money - is what's really at the root of this.  Of course greed will make executives try to get what they can!  If they are allowed, why not?

The fact that they can - that the government didn't even think enough to prevent this from happening -  is what's galling.

 

Thus, I question the integrity of our leaders.  Whoever made this deal, and whoever signed on that dotted line, is either corrupt, or incompetent.  They should be made to step down.

Edited April 13, 2017 by betsy

[Thinkinoutsidethebox]

On 4/13/2017 at 5:43 AM, betsy said:

 

Who said anything about standing on food lines?

 

The fact that our government made a stinky deal - without protecting taxpayers money - is what's really at the root of this.  Of course greed will make executives try to get what they can!  If they are allowed, why not?

The fact that they can - that the government didn't even think enough to prevent this from happening -  is what's galling.

 

Thus, I question the integrity of our leaders.  Whoever made this deal, and whoever signed on that dotted line, is either corrupt, or incompetent.  They should be made to step down.

Happens all the time, remember our "leaders" are getting compensated handsomely for making these deals also. 

I wouldn't be surprised Trump has more integrity then these people. 

Edited April 16, 2017 by Thinkinoutsidethebox

[cannuck]

Two tiered problem.

On the bureaucratic side, we employ tens of thousands of wildly overpaid people to give away the taxpayer's money.  Their job is to waste it, and their culture is to look to the biggest bang for what is NOT their buck.   Not just government bureaucrats, big banking does much of the same thing.  Within their culture, the paycheque comes whether you give out bux to to good or bad, but the badge of nonour is in doing the least amount of actual work to give out the greatest amount of $$$$.

Now, turn to the politicians and their back rooms.  Joe nitwit was let's say, oh...a high school drama teacher one day, and a politician the next.  He (or she) has to rely on the political and bureaucracy staff to advise him on what should or can be done.   Having struggled with no more than how to get some pot smoking teeney bopper how to sound like John Wayne being the top of his (or her) intellectual challenge, the politico will simply go with the flow.  Of course, since the back room is also encouraging the endless flow of our grand children's money toward the party faithful, those sum up the things by which a decision is made, not some foolishness about pissing away billions that you and I don't and will never have.