President Obama said in his recent weekly radio address that he will be presenting a new bailout spending plan soon.
Sounds good to me, though I was never really one to support these ridiculous bailouts to begin with.
What I am shocked- and quite frankly, a little pissed- to hear is that this new spending plan contains no added restrictions on executive pay.
Apparently officials are concerned that new restrictions on executive salaries could discourage other companies from asking for government aid in the future.
What the hell?
I didn’t realize the point of the bailout package was to encourage anybody to put their hands out and beg for money. And even if that was part of the point of this bullshit package to begin with, so what? How the heck is it a bad thing to require executives looking for our assistance to first commit to cutting spending- including their own astronomically sized salary packages?
Otherwise, by my estimation, they shouldn’t be getting a damn dime from us or anybody else for that matter.
Can we please back up and review for a moment?
In recent months we have AIG taking employees on luxury spa trips after receiving funds from the government bailout… we have CitiGroup attempting to purchase a new $50 million luxury corporate jet… we have some schmuck CEO over at Bank of America spending over a million bucks to redecorate his damn office… we learn that more than $18 billion of the original bailout went to executive bonuses…
… And no one seems to think we need to add a few provisions to this new proposal?
Obviously we’ve learned absolutely nothing from our past mistakes.
These asshole bigwigs are living high on the hog on taxpayer dollars- OUR money- while the rest of us are scraping by.
Actually, if we’re lucky we’re scraping by… and luck these days, unfortunately, is hard as hell to come by.
People are losing their jobs, their cars and their homes, dammit, in record numbers.
The few little pennies we do make seem to be going to help the rich get richer… and from way down here where I’m sitting, isn’t going to help me or my fellow middle-class Americans at all.
The stock market is still in the shitter, wall street is still acting like a bunch of complete and total retards where fiscal responsibility is concerned… Congress is either steadfastly refusing to pass the one stinkin’ package that could actually help our broke asses to survive- or are insisting on beefing the damn thing up with so much pork that it’s becoming a useless peice of legislation altogether.
These punk ass politicians need to get this shit together and get to the responsibility of actually standing up for the people they were sworn into office to represent…
… Or they need to get the hell off the stage.
Cuz I’m sick of it.