Half of a Hundred Million is still Fifty Million (and on and on)

It is outrageous how the federal government gave all these hundreds of billions of dollars to big institutions that were deemed "too big to fail." These institutions already had a leg up on the average citizens in terms of purchasing power and insider connections, and their big shot management executives live high on the hog with huge salaries and bonuses - as much in one year that a regular working class family might make in many decades. 

One of the fundamentals of our country is that deserving individuals can accumulate personal wealth for their hard work. OK, fair enough. But how much is enough? Is is moral for someone making hundreds of millions of dollars to get even more when millions of people are trying to live on 30 thousand or less? 

There's a heck of a lot more people out there that make 30 thousand or less than there are that make hundreds of millions. It doesn't seem politically saavy to me for them to be so greedy. But, then again, people that think they deserve that much more than everyone else are not known for their long term thinking - probably one of the reasons why our country has gotten in the economic mess that it has.

So Obama felt he needed to do something. I think he truly felt the outrage that we feel. And while his actions to cut the 7 firms big shot's salaries in half, half of a hundred million is 50 million, half of 10 million is 5 million, and half of a million is 500 thousand. Those are still outrageous figures way out of proportion to what the average American gets paid, even if they do their job well. That is outrageous. I think society needs to continue to shame these people for their out and out greed and lack of concern for their fellow citizens.