Are you F**king nuts? How far down the company ladder do you want them to micromanage these companies? Should the USG decide the salary of the guy in the mailrooom? Or decide what perks and non-monetary benefits can be offered? What about all that stimulus money being pumped into the schools? Should the USG decide on salary levels for teachers? And since when did the Messiah's salary become the gold standard in terms of salary? No one is allowed to make more than him?
You are Red thru and thru and I don't mean Republican or Conservative.
“You are Red thru and thru and I don’t mean Republican or Conservative. “
Debate 101:
When logic and discourse do not work, resort to ad hominem attacks.
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.