natty i think we've proven inconclusively that money doesn't guarantee you get to hire the best people in the financial industry
Well of course, money doesn't guarantee the best people in any industry.
give them a good salary, they deserve it, and they are in the private sector they deserve more than those in the public sector, but bonuses? f*ck that. bonuses for failing? for not only tanking your company, but the economy at large? f*ck that. It has nothing to do with emotion, how can you talk about paying people fair salaries when these companies are laying off tens of thousands of people instead of cutting their management's pay? What good is that doing? The stimulus bill, regardless of how I feel about it was created to infuse the system with money, to provide work and jobs for the people, not to keep the rich in the standard of living that they are used to while the working and middle classes take the hit. I understand that people are going to abuse the system regardless, and greed during flush times is a necessary evil in a capitalistic society, but everyone has to take the hit now, the people, the managers, the unions, everyone.
Trust me, I hear ya. I don't like it any more than the next guy, I just want it to succeed and feel like it was a counterproductive move to make people feel better about it.