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Old 02-10-2009, 08:21 PM
Location: Santa Monica
4,708 posts, read 7,721,741 times
Reputation: 1029


The U.S. Senate has changed its mind about the executive bonuses that were paid out of the first batch of TARP funds. Wall Street and the banking industry their true colors and that they have no institutional restraint nor individual ethics. They need to be punished in the other manner that they understand. Greenbacks!

Stimulus bill seeks to recover Wall Street bonuses (http://news.yahoo.com/s/ap/20090210/ap_on_go_co/stimulus_bonuses - broken link)

"It should have gone without saying that the bailout money was never intended for employee bonuses, but once again financial institutions have taken advantage of lax regulation and the public trust," said Sen. Ron Wyden, D-Ore., who co-sponsored the amendment with Sen. Olympia Snowe, R-Maine.

"The American people are demanding that these firms get serious about getting our economy back on track,' Wyden said. "Congress has to show that it is willing to step in until they get the message."

Why are there ONLY THREE GOP US SENATORS who support this part of the legislation? It is because the GOP are the water-carriers for the rich, for the fat cats. I will be happy to remind all the GOPers about this day until Kingdom Come. To say that the GOP is the party of patriots and individual responsibility has been shown repeatedly in the last decade to be NOTHING BUT A SHAM MOCKERY OF HISTORIC US PRINCIPLES OF ETHICAL BEHAVIOR AND CITIZENSHIP!

Everyone must TAKE NOTE TODAY of what the GOP are doing and have done to this great nation.

Our society will literally crumble as long as those in positions of institutional leadership continue to show no restraint in their greediness and disregard for the public good.
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