and some firms just keep on keeping on knowing that people who work 8 dollar
an hour jobs will pay for their bonuses this year as the gov takes from them
their "fair share" at the point of a gun.

On Tue, Nov 18, 2008 at 8:25 AM, Allan Streib <[EMAIL PROTECTED]> wrote:

>
> "Gary Hurst" <[EMAIL PROTECTED]> said:
>
> > it's just a bizarro world, huh?  they tank the universe financially and
> > then pay themselves annual bonuses beyond the life earning capacity of
> even
> > joe the plumber.  then, when the money runs out, the government simply
> takes
> > it from poor workers so they can continue to conduct business as usual.
>
> Whether some executive at Goldman Sachs is able to make millions a year
> really doesn't affect my life one way or the other.  More power to him.
> BUT -- if they are taking MY bailout dollars then they definitely should
> NOT be granting themselves bonuses.  I think they should be sending a
> hand-signed Christmas thank you to every taxpayer in the United States.
>
> Don't you like how GM already got $25 billion, and we never heard a
> "thank you" to the public from anyone, only "it's not enough, we need
> another 25".
>
> I've worked in the financial sector, the bonuses are part of the
> compensation structure and normal, but they are still supposed to be
> bonuses: large in good years, small or nonexistent in bad years.
>
> Some of the firms (CitiGroup) are realizing how bad this looks from a
> publicity standpoint and are canceling the executive bonuses this year.
>
> Allan
>
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