[coon2000]

kabar,

The point of a bonus is to reward exceptional results. If a company is insolvent it should fail. But in this case they went to the government and begged for money. The government, having no money of their own said fine, we will steal it from all Americans and give it to you. If they will not willingly give us their money we will imprison them or kill them. Then the executives at the company who now have my money, your money, my childrens money, my future grand childrens money and my future great grandchildrens money say, “how great we got the government to steal all of that money! We all deserve bonuses!” Now the government says, “we stole that money, so we will tell you how to spend it”.

As far as I am concerned, the money is gone. It is pretty stupid though, giving out huge bonuses so soon after insolvency. I guess that is why they went insolvent to begin with.

[kabar]

It is not only businesses that getting this money. This bill is hundreds of pages long. Over $600 million is being provided for converter boxes to digital TV and Congress has delayed implementation another three months cosing companies millions because they must continue to transmit in both systems. ACORN is getting over $4 billion. WWII Filipino war vets [most not US citizens] are receiving hundreds of millions of dollars. Our failing school systems are being rewarded with tens of billions of dollars. This is mostly a pork bill rather than a stimulus bill. And most of the money is not going to bailout businesses.

If I recall correctly, these bonuses were given before the bailout money was provided.