Idiots
The "$18 billion in bonuses" number is all over the netroots, and this idiot Senator is making hay of it.
However, if anybody ever bothered to check the numbers...ever...they would note that this is the sum of all the bonuses given to tens of thousands of employees at all levels.
The average bonus size was $112,000.
Note that this is well below the $400,000 maximum legal salary proposed by the idiot Senator.
Note this from the same link:
The reduction in Wall Street bonuses will cost nearly $1 billion in personal income tax revenues for New York State and another $275 million for New York City. Before the start of the financial crisis, business and personal income tax collections from Wall Street activities accounted for up to 20 percent of State tax revenues and 12 percent of City tax revenues.
Bloomberg is practically shutting down New York City.
Go ahead. Eat the rich. Then try to figure out what you're going to use for your socialist fun and games when they're gone.
