Um, what? This is yet another bonus though they’re now giving it another name. Maybe this is capitalism to Rick Santelli and CNBC but for everyone else who works for a living to fund their plush lifestyle, it’s socialism for the elite. Citi and Morgan Stanley are receiving $55 BILLION in TARP money so let them decide to either keep that money and make do without new bonuses or hand out billions of their own money, wherever that may come from and run the risk of total failure. Whether they want to gamble – as they’ve done for a while – and use their own money and risk failure is fine by me, but don’t come begging for more in the future.

Since the Wall Street worshipers love talking so much about socialism, fine, let’s talk about it. Let Rick Santelli walk Main Street and see how his silly rants fly with Americans who aren’t traders and banksters. Let’s do a live feed and see how it all works out when he talks about the path to communism. Then let him explain how taxpayer bailouts of banks isn’t socialism. The banksters, Santelli and CNBC can all go Cheney themselves.