Friday, January 30, 2009

Wall Street Bonuses

President Obama (that has a nice ring to it) expressed outrage at the $20 billion in bonuses that Wall Street executives awarded themselves despite the fact that their firms received taxpayer money to encourage them to make loans, which have not been made. Didn't members of Congress fall all over themselves in the fall of 2008 babbling about how they insisted that such conduct must be forbidden for them to vote for the Wall Street bailout pushed by former President George Walker Bush? I thought that Congress had taken care of that. What happened?

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