Responsibility

Sure It’s Legal … But Is It Right?

"Sure it's legal - - - But is it right?"
"Sure it's capitalistic to get huge salaries - - - But is it right?"
"Sure it's a nice to live freely - - - But is it right to do whatever one wants?"
"Sure it's American to be proud of America - - - But is it right to demonize others?"
"Sure it's good to consume for the econoomy - - - But is it right to consumer more and more?

The capitalistic system has run into problems, most apparently due to some faults in the reward system. Based on many facts, let's put "right" regulations on compensations, such as including community, national, and global interests into the salary compensation determinations, including a cap or very high tax rates on very high salaries, versus lower rates for private business incomes, personal savings and personal investment incomes.

Cramer's Stop Trading! How Goldman Will Rule the Street

While there is the awareness to limit excessive salaries, US should also put regulatons on excessive expenses, in order to restore some confidence people have on US public companies. Luxurious life styles of executives are paid on company expense accounts. Executives working overseas may deserve certain additional compensations for their efforts, but there are a lot of excessive benefits as well.