Thursday, October 30, 2008

Bonus for the Bailed Outs?

I just saw a news story pointing out that its time for the execs of the companies getting bailed out to get their yearend bonus. They showed one at $700K down from over a million last year. WTF?!?!

When Barney Frank was asked how this could be happening, why the loopholes, he replied something along the lines that he thought the companies would do the right thing on their own. WHAT THE HELL? IS BARNEY FRANK A COMPLETE IDIOT?? Apparently. Seems the whole country is being run by frigging idiots.

These greedy bastards didn't do a very good job of keeping their companies afloat. Why the hell should they get bonuses? And they've never done the right thing. Why would even an idiot think they would do so now. I WANT THE LOOPHOLES CLOSED. If the companies don't want to go along with them, then let them fail. We need a clean start. To hell with those greedy bastards!! Take the bailout money and give it to the investors directly to compensate for their losses...to replace their retirement money.

Someone explained that if bonuses weren't given out that the best minds would leave the companies and go else where... would go to companies who did not require a bailout. WELL DUH!!! If the best minds screwed the company so badly it was going to go belly up then they need to go else where. What the hell kind of excuse is that? And how frigging stupid do you think the peasants are for gawd sake!!!!!!!!

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