This is truly socialism. These banks and rich Wall

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Out of 10,800 banks in this country, only .5% of 1% of the banks failed...............

which means Obama should have left it all alone. If he truly had people around him that cared about this country, they would have informed him to let the banks fail, that there were plenty of strong ones out there and he should just let the chips fall where they may.

He has stuck this country to the tune of trillions and we will be paying the price big time in a year or so when the inflation boom hits...... he preyed on fear, knowing so many would just think he suddenly knows the best thing to do. The best thing to do was nothing. Private companies fail all the time and the stronger ones survive. Simple as that. Strong ones buy out the weaker ones. That would have happened with no interference from the governement at all, as usual! Just like all the car manufacturers aren't failing. Fiat is looking at buying Saturn..... and life goes on. Private businesses should always be left alone.

The only reason AIG got such a big bailout is because many democratic friends of Obama and his cronies work there.... the names aren't that hard to find but you have to look for who knows who to start getting the picture. Such a pathetic shame!

Here's you starter-kit that went under the radar screen, tax and spend lovers...

http://www.foxbusiness.com/story/markets/industries/finance/wall-street-bonuses-expects-come-season-despite-bailout/

Paying bonuses this year is likely to result in a lot of backlash from the average American. After all, even with bonuses down dramatically, they are still higher than the average American, who is losing his or her home, makes. Not to mention the government bailout of financial firms, which seems to change daily, is coming from taxpayer dollars. Concerns abound�rightly or wrongly--that some of the $700 billion bailout could go to pay bonuses this year.

Some need to pay close attention to this......... it's called welfare handouts. "Entitled mentality". The working class will get NO tax cuts. You all will be working to put money in the hands of those that do not. It makes perfectly good sense. I've been saying there is no way he can do anything he is leading people to believe he can because 1/3 of people in this country pay NO TAXES. He has led so many to believe he will cut middle class when he can't. He is blatantly trying to disguise "government handouts" as "tax credits". You want your hard earned money going to everyone who doesn't bother to work?

One of Barack Obama�s most potent campaign claims is that he�ll cut taxes for no less than 95% of �working families.� He�s even promising to cut taxes enough that the government�s tax share of GDP will be no more than 18.2% � which is lower than it is today.

It�s a clever pitch, because it lets him pose as a middle-class tax cutter while disguising that he�s also proposing one of the largest tax increases ever on the other 5%. But how does he conjure this miracle, especially since more than a third of all Americans already pay no income taxes at all? There are several sleights of hand, but the most creative is to redefine the meaning of �tax cut.�

For the Obama Democrats, a tax cut is no longer letting you keep more of what you earn. In their lexicon, a tax cut includes tens of billions of dollars in government handouts that are disguised by the phrase �tax credit.� Mr. Obama is proposing to create or expand no fewer than seven such credits for individuals[.]

President Obama has proposed capping compensation for executives at banks that take taxpayer bailout money at $500,000. Republicans hate the idea -- a position puts them uncomfortably on the side of people currently about as popular as child-porn producers and subprime mortgage brokers.

Senate Minority Whip Jon Kyl (R-AZ) blamed the "tone deaf" bankers for creating the political environment that allows Obama to call for a cap.

"Because of their excesses, very bad things begin to happen, like the United States government telling a company what it can pay its employees. That's not a good thing in America," Kyl told the Huffington Post.

"What executives have done is troubling, but it's equally troubling to have government telling shareholders how much they can pay the executives," said Sen. Mel Martinez (R-FL).

Sen. James Inhofe (R-OK) said that he is "one of the chief defenders of Obama on the Republican side" for the president's efforts to reach across the aisle. But, said Inhofe, "as I was listening to him make those statements I thought, is this still America? Do we really tell people how to run [a business], and who to pay and how much to pay?"

Democrats argue that banks that take government money must accept any rules the government decides to send with it. Massachusetts Sen. John Kerry and Rep. Barney Frank are both working on legislation that would complement Obama's attempt to get a handle on executive compensation.

It's not a novel concept, and it's one the GOP supports -- when applied to welfare recipients, at least. "We demand that welfare recipients do an honest day's work for their checks.