Thursday, April 2, 2009

More Bonus Whining

More Bonus Whining

And much larger bonuses than AIG. I understand that the AIG bonuses were because of contracts that had to be honored. But the bigger question is: if these companies needed bailing out with government funds, how did they have the money for these bonuses? The Democrats rammed the first of these bailouts through Congress last year at the request of Secretary of Treasury Paulson--and clearly, they did so with the same careful understanding of what they were doing that they showed with the stimulus bill. But when your primary goal is to pay off the people who are funding your election campaigns, why be careful with the taxpayers money?

Every member of Congress who voted for the bailout last year needs to be removed from office. No excuses are sufficient. Republicans who were bought off with some pork to vote for the bailout bill the second time around need to go, too.

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