Right now I am outraged at the stupidity of the people that are representing us. The House of Representatives is trying to pass a bill that would tax 90% of all bonuses that employees receive that work at companies who have received bailout money. Keep in mind that these bonuses are already taxed. If a man gets a $100,000 bonus, after the House's proposed bill and state and federal taxes, that man could owe about $110,000 in taxes.
Right now I can imagine that people don't really care, but I do not think the recent treatment of Wall Street by the president and the media is very fair. They are being made a scapegoat for a problem that is as much fault the government's as it is Wall Street's. Keep in mind also that not everyone on Wall Street is a criminal and that a great majority have done nothing wrong but are still suffering the consequences brought on by certain divisions of their companies.
Of course I am biased in this situation because I have family that works on Wall Street, but even so I think Wall Street needs to get their side of the story out and that everyone's opinions should not mirror that of the media and the government.
PS- Bonuses are not something to go crazy over. Many employees of Wall Street companies earn a small base salary and then earn most of their money through their bonus, which is dependent on how well they work.