theweekmagazine: A Bloomberg News poll found that 71 percent of Americans (and 76 percent of Republicans) favor banning annual bonuses on Wall Street. Another 17 percent favor a 50 percent tax on bonuses above $400,000, and only 7 percent say the compensation system is fine as is. To put that last point in perspective, says Reuters’ Felix Salmon, 24 percent of Americans think Obama is a secret Muslim while 41 percent believe in ESP: “Americans will believe anything, it seems—except the idea that incentivizing bankers at systemically-important institutions to take big risks makes any sense at all.” As Wall Street prepares to dole out another year of huge bonuses, based on bailout-fueled profits, should Washington take note and step in? Here’s what the pundits are saying

theweekmagazine:

A Bloomberg News poll found that 71 percent of Americans (and 76 percent of Republicans) favor banning annual bonuses on Wall Street. Another 17 percent favor a 50 percent tax on bonuses above $400,000, and only 7 percent say the compensation system is fine as is. To put that last point in perspective, says Reuters’ Felix Salmon, 24 percent of Americans think Obama is a secret Muslim while 41 percent believe in ESP: “Americans will believe anything, it seems—except the idea that incentivizing bankers at systemically-important institutions to take big risks makes any sense at all.” As Wall Street prepares to dole out another year of huge bonuses, based on bailout-fueled profits, should Washington take note and step in?

Here’s what the pundits are saying

(via mikehudack)

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    attempting to figure out what “the american people” “really” want is silly, but I like these statistics anyway.
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