For those of you who think the $ 165 Million in bonuses AIG paid to its exec’s is wrong… I agree… Very poor timing too… What’s also very disturbing about all this is that AIG reported its bonus plan in a public disclosure over a year ago – NY Times.
Hmmm… That’s long before TurboTax Tim Geithner who actually penned the TARP plans that allowed AIG to receive $165 Billion from the Fed and nearly a year before Senator Chris Dodd, one of the founding fathers of the Fannie/Freddie debacle penned an amendment to the Trojan Horse stimulation bill that actually protects such bonuses…
It seams that while the Senate was constructing the 1,100 page $787 billion stimulus last month, Dodd added an executive-compensation restriction to the bill. That amendment provides an “exception for contractually obligated bonuses agreed on before Feb. 11, 2009” -- which exempts the very AIG bonuses Dodd and others are now seeking to tax. – Fox News
Perchance these idiots should have read their own legislation before they signed it into law… And who was it that was saying big government is more efficient than business? I still say we should deport illegal aliens, lawyers, and all idiot members of congress that signed the stimulus bill without reading it first…
True there’s been public indignation about the AIG bonuses from both sides of the isle, but the overwhelming cacophony of public cries in the liberal drive by media are clearly coming from the liberals.
Don’t it make ya wonder why that is?
Could it be their poll numbers are tanking? The Obamadude’s poll numbers are lower other than all other elected presidents in the 20th and 21st centuries – Rasmussen And Senator Chris Dodd’s poll number are also dropping like a rock.
Mean while Senator Chucky Slimer wants to pen legislation to go after the recipients of the AIG bonuses… Hmmm… Where do it say the government can pass a law that goes after individuals for doing their job? This is a very dangerous precedent if passed.
So what gets you stimulated more:
- AIG, a company you own 80% of by virtue of TARP that gives out $165 million in bonuses that were previously reported,
- The idiots in Congress that spent $787 Billion dollars in a bill they never read before voting to approve… and that $787 Billion isn’t even in the Treasury’s bank, or
- The fact that $65 Billion dollars out of the 165 Billion given to AIG is actually going to the EU countries served by AIG?
So why the public cries of rape when they knew full well about the AIG bonuses??? Well folks… It’s simple… This is the typical spin, distraction, demonizing and redirection liberals use so they can divert your attention away from the other fact that they are about to push their socialist agenda a lot further down the road at our expense…
You see, while the Marxist trained community organizer was busy reading his teleprompter today and waving the foul flags at AIG, he was quietly launching next year’s Fiscal Budget a.k.a. the “Obamadude Plan.” And that plan will cost all of us well over $3 Trillion Dollars, take away more freedoms, make the practice of trading frozen flatulence… err make that… trading carbon credits law, provide more startup funding for Universal Health Care, and basically take our great Nation directly into a socialist state without passing home… BOHICA…
In closing, for the many that opined in the ICFBI !!! thread that government run Universal Health Care is more efficient than private health insurance and that it’s the only way to go… All y’all might want to cogitate the following…
“Testifying before the Senate Veterans Affairs Committee last week, Shinseki (Heads the VA) acknowledged that the White House was considering charging veterans through their private insurance for service-related treatments, for the first time exposing wounded soldiers to co-pays and deductibles for care of their war wounds. The idea is intended to raise revenue as part of the Administration's $3.6 trillion budget. Currently, veterans only pay for treatment of injuries and ailments not a result of their military service.” – Congressional Record
Whoa Nellie… So I take it the obamadude thinks veterans wounded in battle are not eligible for VA Health Care… If that don’t frost yer cajones…
Oh yes… AIG the biggest Insurance company in the world… also pays insurance…
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V/R, Batch