After all of the hullabaloo about AIG paying millions in bonuses after receiving bailout money, Obama yelled, and congress enacted a law to tax those bonues up to 95%. Well, just in: Fannie Mae and Freddie Mac intent to pay out a total of $210 million in bonuses! And this after more than grabbing bailout money—falling into Federal receivership! At least four top exec’s will get $1 million each.
This, after all the outcry against AIG. Now the government agencies themselves are doing the very same thing. We have financial insanity to begin with; and for a bonus, hypocrisy. Will Congress move to tax these 95% also?
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