Posts Tagged ‘Bonuses’
» posted on Saturday, December 12th, 2009 at 1:27 pm by Damien Baldino
Sorry, it’s none of your business
Barack Obama had had it with “fat cat” bankers. He’s also concerned that banks are returning TARP money so they can pay large end-of-year bonuses without government interference.
I’m not sure if Barack Obama realizes this or not, but these banks are private businesses. Once they pay back TARP funds, what they do with their earnings is none of the government’s business. Of course, in Barack Obama’s socialist-leaning world, everything should be the government’s business.
Maybe it’s me, but shouldn’t we be happy that banks are able to pay funds back in full? I know it’s popular to pile on those who are successful, but this seems rather foolish.
post a comment | filed under Business · Politics | tags: Banks, Barack Obama, Bonuses, TARP
