What’s Good For the Goose… « NEOAVATARA: "Today comes news that Congress, who opposed retention bonuses for virtually anyone in the private sector (of course, especially those that received federal funds in form of bailouts) has now provided huge amounts of bonuses to staffers…in the form of retention benefits.
A month after they voted to punish some corporate executives for taking hefty bonus payouts, members of the House of Representatives quietly gave their own staffers a new potential bonus by making even their top-earning aides eligible for taxpayer dollars to repay their student loans.
The change, which took effect in May, means House employees earning up to $168,411, or the top level, are now eligible for government-funded subsidies to help pay down their student loans.
I would support this, except for the gross hypocrisy. It is natural to pay people what they are worth. Who dictates what people are worth? The marketplace. And Congress is admitting the fact.
Now some may argue that there is a difference, because AIG, Citibank and others received bailouts from the taxpayers, and thus fit under a different standard. Um, hello…this is a federal government that now will have a $9 trillion deficit over the next decade. Who do you think is going to bail them out…other than the taxpayer?
There is NO difference."
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