Tuesday, July 21, 2009

«WASTING MONEY PUTS YOU IN A REAL PARTY MOOD»

Since the recession began, an estimated 2.4 million workers have lost their health care benefits.And the biggest warning sign that the natural order of things has been disturbed is how many of the very people responsible for the economic collapse not only are still in power, but are still lining their pockets with outrageous windfalls -- courtesy of the American taxpayer.
According to last week's earnings reports, Goldman Sachs posted a $3.44 billion second-quarter profit, Citigroup earned $3 billion, and Bank of America earned $2.4 billion.On top of this, Goldman Sachs just announced that it was setting aside $11.36 billion for employee compensation through the first half of the year.And AIG -- which we bailed out to the tune of $150 billion -- is apparently doing so well they're ready to set aside $235 million in bonuses.

-Huffington Post
July 20 2009

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