Bonuses
Well,
Grassley has it right. At least in terms of wishful implication.
Syllogism:
If any members of the Wall Street Mafia were not hardened and habitual criminals, we would have already seen a number of suicides, we would have seen some actual TAKING of responsibility. Since we have not seen any suicides, and we have only heard TALKING of responsibility, we know for a fact that the Wall Street Mafia consists solely and exclusively of hardened and habitual criminals.
QED.
However, the focus on bonuses is a clever red herring led by Obama, a distraction from the real problem. Americans are aiming their outrage at those unnamed AIG executives, when they should be outraged at the regulators and legislators who knew about the crimes and looked the other way.
Chris Cox at SEC should be a prime target of shame. Cox should be encouraged to jump. All of the Congs and Senators who voted for the first TARP should at least resign so they can be replaced with more honest and ethical people, such as randomly chosen murderers and thieves.
None of this will happen. Obama, after showing an ever-so-brief promise of following FDR, turns out to be Bush III. No action, no change, no control, no punishment for criminals. Just the same old idiotic optimism and and the same old blackmail payments to our enemies.
"The fundamentals of our economy are sound."
Translation:
"The Swiss bank account of Sheikh Osama is overflowing, praise Allah."