Posted on 03/19/2009 6:57:28 AM PDT by EBH
Edited on 03/19/2009 7:34:42 AM PDT by Admin Moderator. [history]
WASHINGTON
(Excerpt) Read more at news.yahoo.com ...
In effect, AIG execs will STILL get their bonuses, and their campaign payments to Dodd and Obama are STILL paying off.
This is all about the Democrats protecting a valued donor. It used to be called bribery in the old days.
I have no love for the Wall Street banksters who had a hand in our economic ruin, but what the government is doing right now is orders of magnitude more obscene. What Congress did to the new CEO of AIG yesterday was terrifying in its implications.
This is literally a witch-hunt, with mob rage being actively directed by the government to this handful of bonus recipients - who had legitimate contracts for same - over a piddly amount of money, in order to distract attention away from their multi-trillion-dollar money-laundering scam and outright taxpayer theft.
This must stop.
When will we ever have an AIG man, an auto executive, or some similar person in one of those star chamber hearings speak the truth?
When will one refuse the gavel and openly reveal what Barney Frank, Dodd, and others of the congress have done to cause this? Who will have the backbone and guts to stand up to them like Howard Hughes did when he revealed his congressional tormenters corrupt relationships with his competitors? Some businessman, somewhere, must still be a patriot. Who will endanger his career to save his nation?
What executive will be questioned about his bizjet and respond by rattling off a list of the private jet use by the star chamber before him? And keep reading it no matter what the chairman says or does? When questioned about bonuses, what man will reveal the personal extortion of the banks by Dodd, Pelosi, and Frank? That man will be a national hero. I hope he is out there.
They initially proposed doing this to ALL companies, whether they received Federal money or not. Barney had to back off on it, but the usual way this is done is to float a trial balloon, let it get shot down, and then bring it back some other way once people have adjusted to the idea.
In other words, we will soon have confiscatory taxes on anybody who earns anything over the government-permitted maximum. However, there’s one group that maximum will never apply to: those in government.
This is despicable. Using Congress to levy taxes because someone did what they were allowed even though excessive speaks volumes about the mentality of the RATs in the Congress.
Now can we set aside any inner-party wrangling in the GOP because everyone is not getting their way, and whip these guy’s in the 2010 elections and return some sense of ethics and common sense to the House. Get sick and tired of some people on here picking apart everything the GOP House members do when they have stood up this time with not enough votes to matter and keep getting it shoved at them. Makes me wonder just who the people are that are trying to split the Party. They sure don’t have the taxpayers best interest at part. We should be working together to throw the RATs out of power.
How about congress returning their salaries to the taxpayers! ...both parties!................................ Great idea! Now how do we get all those Lawyers (63%of Congress) to agree on it???? They only agree on their “raises”, cut backs? Ha, never happen!
James Madison, Federalist Number 44, 1788.
The good thing is that it is the Dims who are self-destructing on this. Even the MSM cannot fully cover this up although they are giving it their best shot. Still I am feeling good about the potential demise of Sen.Dodd, but my big fear would be him bowing out early for a more acceptable Democrat.
Suppose you were an idiot. And suppose you were a member of Congress. But I repeat myself.
- Mark Twain, a Biography
It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress.
- Pudd'nhead Wilson's New Calendar (Mark Twain)
Its more than that. Its an attempt to retroactively tax someone based upon moral outrage of the public; in other words, its basically mob rule.
I couldn’t care less what happens to AIG, mind you, but it sets a terrible precedent. Plus, I’m pretty sure that selectively targeting specific individuals for taxation is ILLEGAL. Unfortunately, none of this surprises me given the current occupant of the WH.
complete insanity.
we need to throw all of them out of office...time to take our country back!!!
Congress is acting as judge and jury here. They are way outside their jurisdiction.
We have lost our separation of powers.
Pelosi took over Rangels’s job.
Every bill is being written by her staff.
Constitution...we don't need no stinkin' Constitution...!!! /sarc
Phones and faxes on the Hill need to rung off the hook.
Anger or not, this is wrong
Exactly correct...but obviously the Constitution and the rule of Law is meaningless to these asshats...
These Bozos are setting themselves up for a serious fall....
If Obama were to sign this, I wonder if it won’t be the proverbial straw on the camel’s back....
...they had no obligation to pay taxes imposed by a Parliament in which they had no representation. In response, Parliament retracted the taxes with the exception of a duty on tea - a demonstration of Parliament’s ability and right to tax the colonies.
I called Feinsteins and boxers offices and demanded that Dodd, Obama, and Timmy be put under oath, and find out who did authorize putting this loop hole in the stimulus bill.. Dodd was lying Tuesday, and then yesterday his memory came back, and said he put the loop hole in with administrations blessing... I think also that every senator who voted for this bill should esplain why they would vote for it knowing this provision was in the bill.. after all they had 4 hrs to read it...
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