It's the economy, stupid!

Tuesday, March 17, 2009

So what part of that don't they get? Not that I've got the kind of a job where I could earn a bonus, but jeez, these kahunas did not earn their bonuses. No way!

I understand that a lot of the lower-ranked people count on bonuses to survive in one of the most expensive cities on earth, but come on now. The bonus system was set up to siphon extra money to the most highly-paid earners, whether or not they were productive. It was rigged so they got humungous bonuses as long as there was any of their clients' money left to steal. Oops, none left? The government will pay the bonuses for us, thanks ever so much for feeding our boundless greed.

Don't you think it's time for our financial system to be run by people who didn't destroy their companies with the "creative accounting" they are now claiming makes them so indispensible? Like, the government owns 79% of AIG already. It's time to defenestrate these losers.

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