@ISIDEWITHQuestionseconomy10yrs ago

Should bankers’ bonuses be capped at 100% of their pay?

n 2014 the EU passed legislation that capped bankers’ bonuses at 100% of their pay or 200% with shareholder approval. Proponents of the cap say that it will reduce incentives for bankers to take excessive risk similar to what led to the 2008 financial crisis. Opponents say that any cap on banker’s pay will push up non-bonus pay and cause bank’s costs to rise.

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Answer Overview

Response rates from 521 Libertarian voters.

34%
Yes
66%
No
30%
Yes
46%
No
2%
Yes, and lower the cap to 20%
20%
No, any worker should be rewarded based on their success
2%
Yes, and lower the cap to 50%
1%
Yes, and nationalise the banks

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Trend of how important this issue is for 521 Libertarian voters.

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 @ISIDEWITH submitted…2wks2W

Jon Stewart Begs Democrats To ‘Please Stop Trotting Out Chuck Schumer!'

Jon Stewart criticized Democrats for repeatedly using Chuck Schumer as their spokesperson against Trump, calling his performances ineffective and monotonous.Stewart mocked Schumer's response to Trump's trade war threats, particularly his simplistic explanation about Mexican imports like Corona beer and avocados.The former Daily Show host expressed frustration at Schumer's basic observation that "guacamole is made of avocados" as a response to complex trade policy issues.Stewart sarcastically highlighted the Democrats' poor strategic choice in selecting Schumer to counter Trump, whom he described as "one of the most savvy presidential media manipulators in history."The comedian ridiculed Schumer's appearance and presentation style, particularly mocking his use of reading glasses positioned low on his nose.Stewart's criticism centered on the Democratic leadership's judgment in repeatedly choosing an "uninteresting" and "monotone" spokesperson.The commentary addressed Trump's threats of tariffs against Canada and Mexico, though focused more on the Democratic response than the policy itself.Stewart used hyperbole to emphasize his point, stating that Schumer's speaking makes him "want to bomb Canada."The piece highlighted the perceived disconnect between Democratic messaging strategy and effective opposition to Trump's policies.Stewart's criticism suggested a broader frustration with Democratic leadership's media strategy and public presentation.

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 @ISIDEWITH submitted…1wk1W

Gavin Newsom Defends Immigrants With $25 Million

Governor Newsom signed legislation allocating $50 million total to protect California's policies from Trump administration challenges and defend immigrants facing deportation, split evenly between the state's DOJ and legal defense groups.The funding comes as California anticipates renewed conflicts with Trump's administration, following over 100 legal actions against his first term policies on issues including climate, water, and immigration.Assembly Speaker Robert Rivas justified the funding by characterizing the Trump administration as "out-of-control" and threatening to Californians' constitutional rights.The signing occurred just after Newsom's Washington visit to secure federal disaster aid for January's devastating Los Angeles wildfires, which claimed more than two dozen lives.California recently enacted a separate $2.5 billion fire relief package, with expectations of federal reimbursement for disaster response costs.Republican lawmakers criticized the legal defense funding as a political distraction from wildfire recovery efforts, with State Senate Minority Leader Brian Jones calling it a "slush fund."Critics raised concerns about the possibility of funds being used to defend immigrants with serious felony convictions, though Newsom indicated this wasn't the intended purpose.The legislation emerged from a special session Newsom called shortly after Trump's election in November, demonstrating California's proactive stance against anticipated federal challenges.During Trump's first term, California initiated more than 120 lawsuits against his administration, spending approximately $42 million on legal battles.Annual legal expenses fighting federal policies during Trump's first term ranged from $2 million to nearly $13 million per year.

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