Quote:
Originally Posted by That Guy
the bonuses are specifically for the very people that helped tank the economy with derivatives business.
I'm all for justice :P.
that said, there does seem to be a bit too much of the torch mob mentality towards anyone making ANY kind of money lately just for having money... i'm not so up on that.
|
I got no problem with people making money - even making lots of money. I do have a problem with people bearing absolutely no risk in doing so due to a manipulation of the market system
or for making tons of money as a reward for makng bad market decisions.
At this point, and as others have pointed out, Congress' indignation is somewhat hollow given that the money was given with basically no strings attached.
Ah well, we'll just keep printing money until we get out of this mess. Of course, at that point the money supply will be so flooded that we'll have hyperinflation. I guess we'll just deal with one economic crisis at a time.
Did someone mention that half our debt trillion dollar debt is owed to Chinese. Better start learning Mandarin.