According to a report from financial news agency Bloomberg, Goldman Sachs, for example, has set aside $6.8 billion for bonuses, and Morgan Stanley, $6.4 billion.
I’m not going to tell these companies how to spend their money. I would like a say in how MY money gets spent though. These companies failed miserably and are propped up by MY money. I say “no bonuses”.
Gandel, who’s a Money magazine senior writer and contributor to Time.com says, "Compensation should be down 70 percent but, because all this new money is coming from the government, the firms are now saying they can pay more, and so they’re only going to cut bonuses by 40 percent."
But what really frustrates me is that Barney Frank, a complete failure just re-elected has this hypocrisy:
"These are people who lost enormous amounts of money," Frank observes. "How do you give a bonus to someone for having failed so badly as many of these people did?"
They are playing the same game you play every election Barney.
I’m mad the most at George W. Bush. I wish he would just go away and stop doing damage. We would have been better off with a mannequin for President these last couple years. I voted for him twice, but only because of the other pieces of poo I had to choose from. I’d prefer random choices over the ego-driven psychotic takers (Kerry, Obama) or political sons with ambition (W, Gore).