First of all, the Obama administration PUSHED for the bonus payment provision in the bailout package....
http://www.cnn.com/2009/POLITICS/03/...ess/index.html
...and congress voted for it, and the president signed it.
NOW they want to claim that somehow the people working for AIG stole the money and slam a completely unfair tax on those people???
Second, Congress recently voted themselves an increase of their expense accounts from 1.2 million dollars a year to 1.6 million dollars a year.... and this in a time of massive recession and the government budget totally in the red. Every penny of that money is "bailout" (tax) money.
They want to talk about corporate greed and excess, and that no one should make more than $500k, but meanwhile they vote THEMSELVES 1.6 million a year expense accounts????
America needs to wake up. Congress is using this class warfare ruse as a way to get people to not look at what congress is doing.
Do you realize that they basically forced Bank of America to take bailout money, and are now asking for a list of B of A's top 200 bonus earners? This is crazy
