Quote:
Originally Posted by rshoffer
You completely missed the point. The point was (as reported on MSNBC last week), 3 of the largest financial institutions passed out MORE in bonus pay than revenue they generated as a result of business operations. That would be like me running a pizza shop with 100 thousand dollars of gross annual revenues and paying the pizza delivery people 150 thousand in annual bonuses... a feat that is only possible when the gov't pours taxpayers money into these institutions and they then give it away i obscene bonuses. The next tea party is gonna be scary. Tax increases for "the middle class" have now appeared on the table. OUCH.
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CEO compensation and the bonuses paid to Wall Street types are obscene. But they existed before the government bailout and TARP.
Obama will raise taxes on the middle class at his own peril.
Sorry though....not part of the Tea Party crowd.