Out of our $700,000,000 bailout money for big business, there is 40 billion dollars set aside for bonus money for the executives that brought us to this point.
My question and evidently the unasked question in congress, is WHY? These men brought us to this point in history and have already reaped millions and millions of dollars in compensation and salary for bringing down the economy. What on earth is appropriate compensation?
For me, "appropriate" means they should receive no bonus money and massively reduced salaries for as long as the US government and us taxpayers have ownership. Why should taxpayers get the short end of the stick both coming and going? If that means these people move on, let it be. This discussion on executive compensation is underway in London and across Europe and Congress would be smart to coordinate efforts across borders. The only person in congress questioning the compensation issue is Dennis Kucinich. Why is that? We're not distant observers here any longer. We're now owners, so let's start acting like it.