I had heard this AIG bonus bill described as being more or less narrowly tailored to claw back AIG’s bonuses. That in fact was why some people were saying it might amount to some sort of unconstitutional action since it focused on a narrow class of individuals. But that’s not what this is about at all. Unless I’m misunderstanding this, it applies to the entirety of the concentrated financial sector – all TARP recipients talking over $5 billion. [...]
But it’s not clear to me why a couple, both of whom work in the financial services industry [for a company which the taxpayers are bailing out -ed.], and make $150,000 each should essentially have their entire bonuses taken back in taxes.
Are you on acid?
Because they didn’t earn it, maybe? Because if they were working for any other industry where they’d fucked the collective dog to the extent the financial services industry has, they wouldn’t even have a job? Because while 40-odd million Americans have no health care, these folks get $300,000/year plus bennies plus a bonus? Because fuck them?