![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
I think I'm happy with this.
Mar. 19th, 2009 03:22 pmA bill to take back 90% of bonus money paid to executives at companies receiving bailout money has passed in Congress.
I'm amused at the Republican posturing, though: "We could have gotten it ALL back! We would never have given that money to those companies in the first place! Wah wah wah why didn't you vote for us?" Yeah, guys, your legislation wasn't any better. I'm not saying the current bailout legislation was good - I just don't know enough about it to make that judgement. What I'm saying is, no matter who was in power, they had to be seen to be doing something quickly, and in that situation, there are bound to be mistakes made. I don't believe the Republicans would have done it any better - in fact I think they would have done significantly worse because their ideology still relies on the concept of the open market.
I'm amused at the Republican posturing, though: "We could have gotten it ALL back! We would never have given that money to those companies in the first place! Wah wah wah why didn't you vote for us?" Yeah, guys, your legislation wasn't any better. I'm not saying the current bailout legislation was good - I just don't know enough about it to make that judgement. What I'm saying is, no matter who was in power, they had to be seen to be doing something quickly, and in that situation, there are bound to be mistakes made. I don't believe the Republicans would have done it any better - in fact I think they would have done significantly worse because their ideology still relies on the concept of the open market.