Tuesday, February 23, 2010

Other Uses for Wall Street Bonuses

Well, you'll be pleased to hear that in spite of our economy, rampant unemployment, municipal shortfalls, and record mortgage failures, the Wall Street players have seen their bonuses increase by 17% over last year. Even better, the movers and shakers at the top three investment banks saw their booty jump by 31% this year. You know, the banks we bailed out with OUR TAX DOLLARS?
I'm sure this must be a big load off your mind - gawd knows I was losing sleep, fretting over how these struggling millionaire grifters were making out. I mean, what if they had to sell the house in the Hamptons and the one in the Keys?
Egads. Frightful!
Anyhow, back in reality land where the rest of us dwell, that kind of money could fund quite a few desperately needed supports and services for citizens - you know, us taxpaying drones who fund the whole mess. For example, do you realize that the 20 billion scored this year on Wall Street bonuses would pay the salaries of 390,000 public school teachers? And just about eliminate California's budget shortfall? Wait, there's more!

3 Comments:

Blogger Peter of Lone Tree said...

It's easy to understant why all that money was given to Wall Street and the Banks.
We're AFRAID of Wall Street and the Banks.

4:55 PM  
Blogger Jefferson's Guardian said...

You're right, Peter, because Wall Street and the banking cartel run the show. The puppet master decides when, and where, the puppets will dance. Our government leaders have strings attached, although not to us, the electorate.

8:55 PM  
Anonymous sara said...

I can't help but think there must be some way to make it mandatory that if these fucktards are going to avoid taxes, accept corporate welfare, and then tighten their purse strings and not loan us $$ to invest in real estate, and rewrite their credit card lending contracts to avoid the new laws, etc... well, can't they be obligated by law to funnel all of that money into places that need it? Social justice non-profits, food banks, after school programs, public schools, public libraries, local organic farms and community gardens, grants for poor kids to attend college, et al, ad infinitum.

You don't want to invest in everyone's well-being? Okay, you need to reinvest in the economy in such a way that you do it, then.

I think that's the sound of a lead balloon I hear, trying to get off the ground.

9:41 PM  

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