Obama: I told bankers bonuses "not acceptable"

Reuters ^ | 3/30/09 | John Poirer

[pissant]

WASHINGTON (Reuters) - President Barack Obama said on Sunday he told the chiefs of the biggest U.S. banks that bonuses are not acceptable while many Americans struggle to meet basic expenses in the midst of a severe recession.

Referring to a meeting Friday at the White House with the chief executives of banks that have received U.S. government bailout funds, Obama said bankers need to show some restraint from big bonuses during the financial crisis.

"That's just not acceptable," Obama said during an interview on CBS television's "Face the Nation."

He said he told the chief executives: "Show some restraint. Show that you get that this is a crisis and everybody has to make sacrifices."

[pissant]

It's a helluva lot more "not acceptable" for you to be wiping your a** with the constitution, you Chavez groupie.

[Zeppelin]

“These are not the bankers I know. Remember, uh uh ah uh folks, uh ah uh I inherited this bonus mess.”

[Argus]

Hey Barry, have some more Wagyu beef on our dime and STFU.

[Kansas58]

It is not acceptable for Congress or a US President to over ride basic contract law.
It is not acceptable for our government to ignore the Constitution.

Why can't an executive agree to receive most of his or her pay through a bonus, based on longevity or retention?

This is NONE of Obama’s business, at all!

[chainsaw]

3.6 billion for ACORN, in the stimulus bill, just is not acceptable either.

[yldstrk]

I agree much as I regret agreeing with the junior Senator

[84rules]

Unfortunately, when Obama affixed his signature on the porkulus/spendulus bill and it became the law of the land, he decreed that the Dodd Amendment was “acceptable.”

[Gatún(CraigIsaMangoTreeLawyer)]

That cheeky Kenyan, a man-caused disaster, is full of methane gas.

[TurtleUp]

I told bankers bonuses "not acceptable"

This socialist is even worse as a scholar of contract law than he is with constitutional law. Violating a contract is what is not acceptable. I wanted AIG and BofA to fail, but I wanted an honest failure, not an expensive bailout followed by a national socialist or soviet socialist execution of the company.

[subterfuge]

This is the beginning of governmental regulation of wages for all businesses. Whites and heteros hit hardest.

[jersey117]

Hey Zero, give back their campaign contributions if it’s so unacceptable.

[LiteKeeper]

The Zero has spoken; let it be thus!

[pissant]

I don’t think the secretaries oughta make $25/hr either.

[brytlea]

bonuses are not acceptable while many Americans struggle to meet basic expenses in the midst of a severe recession.

So the new rule now is no bonuses during recessions? I thought this was only about the bailout, not about some people making more money than others. I think his slip is showing....

[yldstrk]

Bambi’s opinion is like an axel everybody has one

[<1/1,000,000th%]

He’s already shaking them down for campaign cash.

[Brad from Tennessee]

[”Had we not seen some healthy expressions of anger, we wouldn't have gotten $50 million of those bonuses back.” Obama said.]

These “healthy expressions of anger”—the Vaudevillian “rage” of Congress, paid “protesters” bussed in by ACORN and Working Families, Andrew Cuomo threatening to reveal AIG names—were stage managed out of the Oval Office.

[chainsaw]

I don’t think the secretaries ought a make $25/hr either.

They are the ones that do all the work. The CEO’s get the cash for their work.

[what's up]

"Not acceptable"?

So why did he have Geitner tell Dodd to put it in the stimulus.

Oshama is lying through his teeth.

[JavaJumpy]

Restraint? Like the upcoming European tour estimated to cost us 40 MILLION DOLLARS?

Let them eat cake!