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To: WesternPacific; tobyhill
From page H1412 of the Final Stimulus Bill, ``SEC. 111. EXECUTIVE COMPENSATION AND CORPORATE GOVERNANCE: "(iii) The prohibition required under clause (i) shall not be construed to prohibit any bonus payment required to be paid pursuant to a writte employment contract executed on or before February 11, 2009, as such valid employment contracts are determined by the Secretary or the designee of the Secretary."

Stimulas Bill

33 posted on 03/17/2009 6:45:32 PM PDT by Spunky
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To: Spunky
Thanks Spunky! Again, the Dodd amendment: From page H1412 of the Final Stimulus Bill,

``SEC. 111. EXECUTIVE COMPENSATION AND CORPORATE GOVERNANCE: "

(iii) The prohibition required under clause (i) shall not be construed to prohibit any bonus payment required to be paid pursuant to a writte(n) employment contract executed on or before February 11, 2009, as such valid employment contracts are determined by the Secretary or the designee of the Secretary."

All the Democrats in the Senate VOTED FOR THIS! Any ONE of them including the one running for re-election in YOUR state in 2010

1. Could have stopped this,
2. could have demanded the bill be actually read,
3. could have forced hearings,
4. could have required deliberation,
5. Could have required it be posted for 5 days,as promised.

But YOUR Democrat Senator did not do that because YOUR Democrat Senator does not believe in performing due diligence!

FIRE THEM ALL!

76 posted on 03/17/2009 9:13:46 PM PDT by cookcounty ("The Borrower is servant to the Lender." Proverbs 22:7)
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