Populism?

Okay, I'm watching Meet the Press, I as do every Sunday and we're on the round table segment. The guests are Steve Forbes, Erin Burnett and Steve Zandi. After talking the stimulus plan and how to save the banking industry, they get to the hot topic of the week - the $18 billion on bonuses given out by Wall Street.

Okay.

All three - can they bother to have a liberal economic voices or don't we have any of those - make excuses for the bonuses. Main Street doesn't understand, see the money that the taxpayers gave them isn't the money used for the bonuses. Oh, see, one guy makes money, so even though the company as a whole lost money, shouldn't that one guy be compensated. Oh, it's a slippery slope and we don't want to start getting into telling companies what to do.

The hell we don't.

This is utter hogwash. The problem with our economy is that people are not thinking about the collective; they are simply thinking about themselves. Surely, bonuses - and I don't care if they are a part of the salary structure - are given out if the company does well as a whole. Period. In fact, think of bonuses like a collective commission - no money, no bonus. They did not deserve this money. They lost money. I am sick and tired of the apologists for these gamblers and that's just what the stock market and banking is today, a fucking bet. A bet that they lost and gives us all nightmares.

You go Claire McCaskill!!!!

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