President Obama came out and blasted the big wigs on Wall Street for having the audacity to pay themselves big overdone bonuses.
"The American people understand we've got a big hole that we've got to dig ourselves out of, but they don't like the idea that people are digging a bigger hole even as they're being asked to fill it up," he said.
"There will be time for them to make profits, and there will be time for them to get bonuses. Now is not that time," Obama added.
Then he winked and nodded. (He smiled, friends, I'm just talking out my ass, business as usual, boys!)
The limits would not apply retroactively to any bank that received money from the first half of the $700 bailout allocated by Congress. For example, the restriction would not apply to such firms as American International Group Inc., Bank of America Corp., and Citigroup Inc., that already have received such help.
If the Wall Street boys don't do as the President sugested, there are no consequences, no penalties, they can come back and get billions more without having to worry. But what about my neighbor who lost her job?
Move along folks.
Nothing to see here.
It's another "dog and pony show".
Once again, we are rearranging the deck chairs on the Titanic.
DDSOS
So here I am "STUCK IN THE MIDDLE WITH YOU".
Friday, February 6, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment