Morning Bell: Bonus Outrage You Can Believe In » The Foundry

Morning Bell: Bonus Outrage You Can Believe In

Posted March 19th, 2009 at 8.02am 

Speaking to a crowd of 1,500 supporters in Costa Mesa, California, about the bonuses given to employees of 80% taxpayer owned AIG, President Barack Obama said: “I know a lot of you are outraged about this. I’m outraged, too.” We’ll leave for others to decide the level of Obama’s outrage, especially considering reports this morning that the Obama Administration found out about the bonuses on February 28, not March 10, as they originally claimed. But what we would like to see some genuine outrage over are the millions of taxpayer dollars going to executives at the taxpayer owned companies Freddie Mac and Fannie Mae.

via Morning Bell: Bonus Outrage You Can Believe In » The Foundry .