Your money - their bonuses. This is what the bailout was all about, right?


Kucinich calls for probe of bonuses for Wall Street aid recipients

Published: Sunday October 19, 2008


Congressman Dennis Kucinich (D-OH) has called for a probe into $70 billion worth of pay deals planned for employees of failed banking firms receiving government aid.

Kucinich said Sunday that he was directing his staff to immediately probe Wall Street firms that have received any portion of the $700 billion bailout plan recently passed by Congress, in response to a recent report by The Guardian outlining the firms' dramatic drops in revenue, but not in executive compensation.

That Friday report showed that over $70 billion was to be allocated towards pay deals, including discretionary bonuses, at firms such as Goldman Sachs and Citigroup.

"When Congress placed restrictions on excessive executive pay, it had no intention of permitting business as usual with respect to bonus structures," Kucinich said. "It would add insult to injury to ask taxpayers not only to bailout a firm, but to pay for bonuses as well. The Guardian's report necessitates an immediate inquiry."

The Raw Story | Kucinich calls for probe of bonuses for Wall Street aid recipients

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Happiness is always a by-product. It is probably a matter of temperament, and for anything I know it may be glandular. But it is not something that can be demanded from life, and if you are not happy you had better stop worrying about it and see what treasures you can pluck from your own brand of unhappiness.
- Robertson Davies

Good for Kucinich. He and Ron Paul are the only good ones in Washington IMO.

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"When the people fear their government, there is tyranny. When the government fears the people, there is liberty." Thomas Jefferson

Walter Mondale: "George Bush doesn't have the manhood to apologize." George Bush: "Well, on the manhood thing, I'll put mine up against his any time."

You agree with a lot of Kucinich's policies then?

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"Moreover, I am cognizant of the interrelatedness of all communities and states...Injustice anywhere is a threat to justice everywhere. We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly. Never again can we afford to live with the narrow, provincial "outside agitator" idea. Anyone who lives inside the United States can never be considered an outsider anywhere within its bounds."



~Dr. Martin Luther King, Jr.

I agree with a few of his policies but I made that statement because of his integrity. He and RP seem to be the only ones who have any.

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"When the people fear their government, there is tyranny. When the government fears the people, there is liberty." Thomas Jefferson

Walter Mondale: "George Bush doesn't have the manhood to apologize." George Bush: "Well, on the manhood thing, I'll put mine up against his any time."

Ah, I see, basically the same way I feel about Ron Paul. I probably feel about the same way about Kucinich as you do about Paul, but I would vote for Obama simply because I can't stand seeing McCain win.

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"Moreover, I am cognizant of the interrelatedness of all communities and states...Injustice anywhere is a threat to justice everywhere. We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly. Never again can we afford to live with the narrow, provincial "outside agitator" idea. Anyone who lives inside the United States can never be considered an outsider anywhere within its bounds."



~Dr. Martin Luther King, Jr.