Agreed. Most of us here already know that. But not all outside 'these glass walls' do....At lunch today, with many of my Lib Seattle friends, several of them were talking about the $168 million dollars in bonus monies, yada yada....and I finally said: "Well, all rightee then....Does this mean the Government today or tomorrow, could break all the Union Contracts and pension promises too?"
Dead silence for at least 30 seconds. But no one said anything more about the bonus money.... if they had, I was going to bring up how much Franklin Raines and Jamie Gorlick had had in bonuses over the 6 years they were in Fannie Mae.....
But this is precisely why AIG could not be allowed to go down. The global banking system would go with it.
When I got home tonight, Mark Levin was talking about it too...
Mark Levin said tonight he had done research to see how many Government Employees get a Bonus….Over 2/3 of them get a bonus of some sort!
And what about the 6 years of Jamie Gorlick, Franklin Raines, etc from Fannie May….Millions of dollars in bonus for both of them over the 6 year period. Levin said it was over $54 Million, but I have heard Raines had more than $90 million over the 6 years he was in charge….
The YEARS that Barney Frank and Friends were saying "Nope, No problems here…everything is just fine, thank you very much…."
All the while, things were going down the drain in a very large swamp. |