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Contents ? By Governance & Accountability Institute, Inc 2007 - Please credit author and Accountability-Central.com if you use this content.
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Tuesday, 12-01-10 22:16
Footnote - January 12, 2010 - from Hank Boerner
Reading the news reports this morning I see that President Barack Obama is going to make the attempt to recoup taxpayers' money by taxing the banks that received federal help in the financial crisis. A tax on large banks could bring in at least $120 billion to the treasury. That's the estimated sum lost in the $700 billion for the "too-big-to-fail" banks that were rescued by federal intervention.
We don't have the details of the plan yet -- and the bank lobbyists (caught by surprise) are marshalling their forces to combat the measure as the president and congressional leaders are structuring the tax levy.
The president is in part acknowledging the great, rising anger among the People as the banks prepare to make the public the generous bonuses for employees for 2009.
If such a tax was put in place, that's one way to share the burden on the War on Terror among the organizations that benefit from taxpayer support and the blood, sweat and tears of our fine military service members. Not to mention the ultimate sacrifice by some of those in our nation's uinform.
As President Franklin Roosevelt said in February 1942 as the nation was at war on several fronts: "We shall not stop working for a single day...until the war is won. We shall not demand special gains or special privileges or special advantages for any group or occupation. We shall give up conveniences and modify our routine if the country asks us to do so. We will do in cheerfully...remembering that our common enemy seeks to destroy every home and every freedom in our land."
We are all in this together, right?
Thursday, 19-03-09 14:56
How about the staff who took bonuses
Saturday, 15-12-07 08:57
very interesting, but I don't agree with you
Idetrorce
Wednesday, 05-12-07 18:57
Well, I cant agree more.
Monday, 03-12-07 12:47
Update - Monday December 3 2007 --
received a comment from a colleague here at the Institute to add to our knowledge base on the "safe toys" topic -- another group focused on toy safety.
About the Group:
Kids In Danger (KID) is a nonprofit organization dedicated to protecting children by improving children's product safety. KID was founded in 1998 by the parents of sixteen-month-old Danny Keysar who died in his Chicago childcare home when a portable crib collapsed around his neck. Although the portable crib had been recalled five years earlier, word of its danger had not reached Danny’s parents, caregiver, or a state inspector who visited the home just eight days before Danny’s death. To date, 16 children have died in cribs of similar faulty design. And portable cribs are just one of the myriad children's products that may prove to be dangerous.
They have a number of publications; find them at: http://www.kidsindanger.org/publications/index.asp
including newsletters, research reports, etc.
Amy Gallagher
Friday, 05-10-07 15:30
Testing Commenting
Friday, 05-10-07 15:30
Testing Commenting