How Is This Possible?
Exhibit A: AIG received (reportedly fluctuating) amounts close to the 100-200 billion dollar mark of tax-payer dollars to help them through their financial crisis.
Exhibit B: AIG gave millions of dollars in bonuses as "retention bonuses"
Exhibit C: Proposed tax of 90% to bonuses GIVEN TO COMPANIES HELPED BY STIMULUS PACKAGE
How is it logical that "private investors" would be fearful of the public backlash and fear of retribution on how they manage their money after they "buy the toxic assets" according to Timothy Geithner's plan?
If they have not received Federal Stimulus money, they would be immune from this highly specific tax. The tax is truly punitive for mismanaging TAXPAYER'S MONEY for the bailout. Private investors would be assisting with the bailout recovery process by managing the "toxic assets" from the companies who fell-apart and demanded fixing. I can NOT see how the media or the public are falling for this obviously divergent accusation.
Go back to trying to dissuade public attention with vapid "news stories" like Anna Nicole Smith and Paris Hilton. Trying to out-news actual news with "openly crazy" emotive grandstanding is just pissing those of us off who try to pay attention.
Exhibit B: AIG gave millions of dollars in bonuses as "retention bonuses"
Exhibit C: Proposed tax of 90% to bonuses GIVEN TO COMPANIES HELPED BY STIMULUS PACKAGE
How is it logical that "private investors" would be fearful of the public backlash and fear of retribution on how they manage their money after they "buy the toxic assets" according to Timothy Geithner's plan?
If they have not received Federal Stimulus money, they would be immune from this highly specific tax. The tax is truly punitive for mismanaging TAXPAYER'S MONEY for the bailout. Private investors would be assisting with the bailout recovery process by managing the "toxic assets" from the companies who fell-apart and demanded fixing. I can NOT see how the media or the public are falling for this obviously divergent accusation.
Go back to trying to dissuade public attention with vapid "news stories" like Anna Nicole Smith and Paris Hilton. Trying to out-news actual news with "openly crazy" emotive grandstanding is just pissing those of us off who try to pay attention.