Angry senator wants pay cap on Wall Street ‘idiots’ – CNN.com
Well, this is just more proof that we don’t need bailouts and that the economy failing is part and partial due to the fact that we have a lot of greedy ass money grubbing executives that are hoarding the money needed to fix our nation.
Wall Street is the recipient of a bailout and they use the money to give out 18 BILLION dollars in bonuses? What the fuck is that? 18 billion dollars in the pockets of rich people who don’t need the money? Here’s a thought – hey congress – retract the bailout and take the money back out of the pockets of these executives.
Another thought – Congress – if you are going to give billions of dollars to companies who “need to be bailed out”, these companies should need to write a detailed budget of where they want to put this money, and very hefty fines and prison time should be the result of misuse of this money. Public School Districts who get taxpayer levys are guided by the strictest of rules as to where they can spend the money – companies who receive taxpayer money should be under the same, if not stricter, guidelines and regulations. What an unbelievable enraging disgrace to this country yet again.