Feingold Listens To People's Anger In Kenosha Over AIG Bonuses

Bonuses being paid out at a failed company on Wall Street prompted outrage on 15th Avenue in Kenosha Monday morning.

[new neighbor]

Senator,

Shame on you for pandering to the ignorance and emotions of the people.

The FACT is that these so called bonuses are in contractural compensation that was ok'd by Congress and President Obama.

But facts and logic rarely matter in the face of soooo much emotion.

[notnow]

new neighbor wrote:

Senator,
Shame on you for pandering to the ignorance and emotions of the people.
The FACT is that these so called bonuses are in contractural compensation that was ok'd by Congress and President Obama.
But facts and logic rarely matter in the face of soooo much emotion.

maybe Geitner signed off but Obama was not in office

[notnow]

maybe Geitner signed off but Obama was not in office.

[new neighbor]

Yes he was. The President's stimulus bill at one time had language in it restricting these bonuses. It was removed at the urging of Geitner.

The stimulus that allowed the bonuses to proceed was in fact signed into law by President Obama.

Just a fact.

In fact last night on Jay Leno, Pres Obama even admitted that the legal opinion of AIG's lawyers that the "bonuses" should be paid, was not necessarily legally wrong.

He then made excuses for the fake outrage calling it an ethical and moral issue.

Big ups to the President for at least acknowledging the legality of the contracts. Shame on him for pandering to the emotions of the so-called ethical and moral issues which are IMHO just pure politics.

[Dee Lay]

Thats your tax dollars being given out ...... o maybe it's your grandchildern tax money he is giving away