Human Events

By Ted Nugent:
08/14/2009
The easy play would be to be angry at the nine banks who received $175 billion taxpayer dollars through the Troubled Asset Relief Program and then shelled out $33 billion of these dollars in bonuses to employees. The very employees who steered the ships into the rocks.
Americans have a right and an obligation to be angry. We just need to be sure our anger is aimed at the right target.
Indeed, the banks who received our tax dollars should have been wiser with our cash. Thirty-three billion smackers is a lot of bonus money. According to the July 31st Wall Street Journal, 5,000 bank employees were paid at least one million green backs in bonuses. Continue reading
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