AIG, Big Goverment, and One Really Bad Idea

The American people have been "outraged" recently by the bonuses AIG was reported to be giving their top Execs and 1000 other top employees. In an effort to quell the "outrage" and to act on the "anger" of the American people, President Obama immediately leaped onto the platform and harnessed, yet again, another word salad of negativity and dismay. Using such words as "outrage" and "anger", Mr. Obama urged the House to act immediately to pass a law stated that any institution that recieved 5 billion or more would be taxed 90% on their bonuses.

THIS is the outrage. I understand completely that the money that the government gives to company's is the taxpayers money, but if the government gives the company the money then it is up to the company to figure out the best way to use it. Some would argue that giving top execs bonuses in excess of 6 million per exec and would state that it is merely continuing the tradition of "corrupt" and "elite" management of Wall Street and the giants linked to Wall Street. Question: how do these companies expect top execs to stay on staff if their perks are taken away? These bonuses are their incentive to keep dong what they are doing, which includes keeping AIG afloat right now.

I would argue differently. It does not matter if there is corruption. A company is a place of business that will assuredly deal with corruption. If you walk in the mud, your shoes will get muddy; likewise if you are in the business world dealing with TONS (literally) of money, there is bound to be corruption. It does not make it right, but there is no denying that fact and as Professor Saxton in The Horror Express, "There is no morality in facts."