And now, for a story to help permanently bury Rudy Giuliani's ambitions down the road.
By now, you've probably all heard about Senator Claire McCaskill's demand that any company which receives TARP funding should not pay any of its employees more than the US President makes ($400,000 a year).
Well, who better to come to their defense than Rudy Giuliani?
That's right, Rudy Giuliani (R-9/11) believes that our tax money: your, mine, everyone else's, can and should be used to pay Wall Street executives more than $400,000 a year. That cap just isn't fair, he argues.
CNN reports:
Former New York Mayor Rudy Giuliani defended corporate bonuses Friday, saying that cutting them also means slashing jobs in the Big Apple.
"If you somehow take that bonus out of the economy, it really will create unemployment," he said on CNN's "American Morning." "It means less spending in restaurants, less spending in department stores, so everything has an impact."
Yep, that's right, Rudy Giuliani wants my tax money to ensure that Wall Street executives get paid more than $400,000 a year so they can spend it in high-end New York department stores and restaurants.
This comes days after the New York Times ran a story about the absurdly shallow lives led by some of the girlfriends of bankers and the new difficulties facing them with the financial crisis.
They shared their sad stories the other night at an informal gathering of Dating a Banker Anonymous, a support group founded in November to help women cope with the inevitable relationship fallout from, say, the collapse of Lehman Brothers or the Dow’s shedding 777 points in a single day, as it did on Sept. 29.
In addition to meeting once or twice weekly for brunch or drinks at a bar or restaurant, the group has a blog, billed as "free from the scrutiny of feminists," that invites women to join "if your monthly Bergdorf’s allowance has been halved and bottle service has all but disappeared from your life."
Yes, these are the people that Rudy Giuliani wants to make sure aren't completely devastated. Of course, by completely devastated, I mean limited to a salary that most of us would do anything for. But no, these people are used to living a life of luxury -- cutting the salary to $400,000 a year would mean they'd have to somehow cope with $33,000 a month.
No, Giuliani insists, they need way more than $1,000 a day of taxpayer money to cope.
Rudy Giuliani, man of the people, defending the little guy who's making millions of dollars a year paid for by the taxpayers.