I agree with Critter on this one. Big Daddy Government should bud out of the private sector, but corporation should not be running to Big Daddy to begin with. It's a two way street.
As far as executive salaries being cut and people of non-talent taking the new jobs. You mean to tell me that you think these execs had any talent or control to begin with? They horribly mismanaged these large corporations and you think that someone getting less money would be less talented? I think not my friends.
I think we need to quit giving incentives to these execs for screwing up on the job. I don't know of any airline captain or ship captain who would be honored if they deliberatly crashed their craft. These execs should be fired and black-balled for the future.
I guess the private sector has thrown it's ball into the governments court. Relinquish power and control and ask for a bailout from big daddy government and you guys think that the government is going to be nice with the control we've given them. These corporations and banks getting bail-outs are exactly like the 25 year olds who can't make it on their own and eventually run back to mommy and daddy's safety net for financial support and a home, now they find themselves having to live according to their parents rules in the house!!
BTW how do you figure Expatriate, that the government forced the banks to loan money to people who should not be borrowing?