“Give the bonuses back”
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- March
- 23
A new CBS polls shows a majority of Americans want the government to recover the $165 million AIG gave out in bonuses.
Further most Americans think it is unacceptable that companies receiving government bailouts award any bonuses.
The argument that they are necessary to retain good employees? The public doesn’t think so. Only 6 percent thought the companies propped up with public funds should be able to distribute to whomever they chose.
On 60 MInutes last night, President Obama panned a House bill to try to tax back the money at a rate of 90 percent.
Laws should have broad applicability, the president, a former constitutional law professor, said. They should not be directed at a small group of individuals. And he’s right.
The House gave in to the anger of the moment. Will the Senate? It’s supposed to be the more deliberative body. Will it live up to its billing?
This entry was posted
on Monday, March 23rd, 2009 at 4:36 pm by Noreen O'Donnell.
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