Stimulus checks pay executive bonuses

Checks from the $700 billion dollar bailout have already been sent to large banks and investment firms.

These firms paid out bonuses of about $25 billion to their top employees in 2006 and 2007, which amounts to an average bonus of over $100,000 per employee.

Fortunately for these large banks, but unfortunately for the middle class taxpayer, these large banks plan on using part of the bailout money to reward their employees with another $25 billion in bonuses.

If this sounds ridiculous and seems to be a total waste of taxpayer's money, that is because it is.

What could we have done better with the taxpayers' $25 billion? With this same money of $25 billion, we could have sent a check for $250 to 100 million working American families.

They in turn could have used the money to pay their bills, go out to eat, buy clothes, see a movie, all which in turn would have helped stimulate the economy.

David Hrdlicka

Bartlett