Friday, January 30, 2009

Pushed Too Far

WASHINGTON (CNN) -- One day after President Barack Obama ripped Wall Street executives for their "shameful" decision to hand out $18 billion in bonuses in 2008, Congress may finally have had enough. I know I have.

An angry U.S. senator introduced legislation Friday to cap compensation for employees of any company that accepts federal bailout money. Under the terms of a bill introduced by Sen. Claire McCaskill, D-Missouri, no employee would be allowed to make more than the president of the United States. Why, how unreasonable!
Obama's current annual salary is $400,000. Who could live off THAT pittance?
"We have a bunch of idiots on Wall Street that are kicking sand in the face of the American taxpayer," an enraged McCaskill said on the floor of the Senate. "They don't get it. These people are idiots. You can't use taxpayer money to pay out $18 billion in bonuses." Sing it, sister Mac!
McCaskill's proposed compensation limit would cover salaries, bonuses and stock options.
On Thursday, Obama said the prospect that some of the $700 billion Wall Street bailout could end up paying for bonuses to managers of struggling financial institutions was "shameful." Exactly!

The president said it was the "height of irresponsibility" for executives to pay bonuses when their companies were asking for help from Washington. Amen. How do they have the gall to pretend this kind of b.s. is OK? It's infuriating.
"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," Obama added. Don't like it hell! We're OVER it, ya'll! Get yer greedy hands outta our wallets already!

McCaskill's proposal comes three days after struggling banking giant Citigroup -- which has taken about $45 billion from the government's Troubled Asset Relief Program -- reversed plans to accept delivery of a new $42 million corporate jet. The company changed its mind under Treasury Department prodding. Because these arrogant p****s need someone to tell them that buying a corporate frickin' JET isn't a responsible or appropriate use of taxpayer dollars. They couldn't guess that on their own? And these are the guys making six-figure salaries? This is one f***ed up, corrupt, value-less excuse for a society we've got here, isn't it?
Former New York Mayor Rudy Giuliani on Friday defended corporate bonuses, saying that cutting them also means slashing jobs in the Big Apple. Oh, do tell us how it will hurt the economy if we don't fund million dollar CEO bonuses with government handouts, Rudy. I thought you Republicans were anti-welfare. Or is that only when poor people are the ones getting the money?

"If you somehow take that bonus out of the economy, it really will create unemployment," he said on CNN's "American Morning." "It means less spending in restaurants, less spending in department stores, so everything has an impact." Hey, you know what, Giuliani? Screw their fancy meals and retail purchases. Give us OUR money back and let US buy nice dinners and clothes. And while you're at it? Screw you, too, you pompous, pandering asshat. Less spending by CEOs as a danger to the economy, my big, fat ass. Jerkwads, all of you.

And McCaskill? I'm declaring my crush on you right now. You tell 'em, girl!

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