Quote of the Day

From XKCD, on the MSM’s faux outrage over $165 million in bonuses coming out of a 175 BILLION dollar bailout:

The difference between a million and a billion is the difference between a sip of wine and 30 seconds with your daughter and a bottle of gin and a night with her.

7 Comments

  1. You pay 175 Billion for an 80% stake in a company. That company has contracts with its employees that pays out 1/10th of 1% percent of that as retention bonuses to keep people working there and fix the mess that the company is in. You turn around and demand that money back, create an outrage that attracts death threats to those employees and their children. What are the likely results of this action?

    People who were paid retention bonuses and forced to give them back will quit. Their positions in the company will go unfilled because Congress has shown that contracts do not mean anything, and nobody wants to join a company where your kids get death threats.

    Your 80 % stake in that company becomes worthless. You’ve made it impossible for that company to make any kind of a profit and pay off your investment. What kind of a moron invests in a company and then trashes that company in public, making both it and its employees hated pariah.

    Oh well, its just taxpayer money.

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