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Mar 20 2009

Bailout Bonuses

Published by Bill Ruhsam at 8:30 am under Opinion

While I’m opinionating, I’ll just say that today’s Xkcd sums up my opinion on the Bailout Bonuses as succinctly as possible.

March 30, 2008 Xkcd

2 Responses to “Bailout Bonuses”

  1. # Jeffon 20 Mar 2009 at 9:29 am

    Personally, I’m wondering why people weren’t so outraged at the greater thievery, the Merril-Lynch bonuses ($4 billion) just before they were sold to BoA using $25 billion of our money.

    Fact is, it will take pitch forks and torches to straighten this out in any semblance of a fair manner. Eh, that won’t work either, but at least it would be fun at the time.

  2. # Bill Ruhsamon 20 Mar 2009 at 9:32 am

    Instead of Congress taxing the bonuses away (an action that I find legally questionable) they should insist that the money be spent on services and American products. That *is* what this stimulus is about, after all.

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