I read in Obama's statement today that the Wall Street Bankers have given themselves $20 Billion in bonuses. Just to calculate a little. I think that I heard that the average household income is $32,000 per year. And I figure that the average household is 4 people.
$20 billion if it were to go to salaries for normal folk would be about 625,000 families that would have their average annual income. At 4 people per family (if this money could become incomes instead of fat cat bonuses) there would be 2.5 million people who would be living normally versus living with unemployment or welfare.
Today, Senator Claire McCaskill introduced the Cap Executive Officer (CEO) Pay Act that will cap compensation for employees of
any private company that accepts federal dollars as a result of the economic downturn.
Write your Senators!!
As for Senator McCaskill I have only one thing to say:
YOU GO GIRL!!!!