Posted on 03/21/2009 11:04:44 AM PDT by mywifecallsmerobi
Dear Friends,
This week, I was just as outraged as I am sure many of you were, when I learned that millions of dollars were paid out in bonuses to employees at companies that received bailout funding. I am dumbfounded to think that some of the very people at AIG whose recklessness caused such harm to the financial system and our economy are now being rewarded.
What’s more is that the Federal Reserve and the Treasury Department knew about these bonuses before they went out and did not aggressively act to stop them. The Treasury needs to step up oversight of those companies who have received federal bailout dollars and become a much more forceful watchdog of taxpayers’ dollars.
A lot of people have written and called my office to express their anger, and with good reason. Up and down Main Street, businesses are closing, homes are being foreclosed on and people are in financial trouble, while workers on Wall Street continue to profit. But, folks in Iowa look at that and see business as usual. They see one set of standards for ordinary working families and a very different set for the privileged and wealthy. They see the federal government requiring union workers at GM and Chrysler – some making as little as $14 an hour – to renegotiate their contracts and accept lower compensation as a condition for federal relief for their employers. But the bonus contracts for millionaires at AIG are held up as somehow untouchable. Iowans are sick and tired of seeing those who break the rules get richer and richer.
Congress must act now to recoup the bonuses paid out. We need to pass legislation that completely taxes those bonuses away. We need to send a message to AIG and other companies who received bailout money. They need to know business as usual will not be tolerated, incompetence and recklessness will not be rewarded and this kind of insult to Iowans and all Americans will not be allowed to stand.
Your Senator,
Tom Harkin
X2 on the idiot.
Your bill of attainder places you directly in the group we call oppressors, Tommy boy.
From the horses ass..err mouth. Class envy and economic warfare. How dare those college educated MBAs make more than a GED holding line worker at a GM plant.
Every word that he spit out against AIG could (and should) be equally applied against him and the other moronic dhimmis in congress.
A pox upon their houses!
Try telling him that. He does not reply and will not debate anyone even in iowa
That Dung Heap is a fine Senator from the Bahamas courtesy of the people of Iowa... How Iowa can send Tom Harkin and Charles Grassley to the US Senate is oxymoronic.
All you have to do is listen to what this idiot says and then assume that the opposite is true.
He is either a liar or stupid. You pick.
both maybe
I’ve reluctantly come to the conclusion that there is a surprisingly large concentration of idiots in Iowah.
not the people mostly just our reps
all the dems votes come from the big cities
Ummm, Tom, you voted for the legislation that allowed those bonuses to be paid.
Tom, you did read the bill before you voted for it, didn't you?
Dear Senator Harken,
My outrage is not so much at AIG, but at Congress, who made it possible for this mess. How do you sleep at night, knowing you kept the rest of us worrying about what is up your sleeve next for us hard working people?
Not Respectfully,
Someone who can read better than you can.
I
O
W
A
Idiots
Out
walking
around
I used to love my home state. But, (now from a distance) year after year, I continue to be astounded that this arrogant jerk keeps getting re-elected. How gullible ARE my former fellow countrymen?
Then, adding insult, enough Hawkeyes are hoodwinked by BO that he is propelled by these same sheeple in the primaries. Thanks a lot Iowa City, Des Moines and other bleeding heart enclaves.
Dunno. Glad I claim another state as home now. Saddens me greatly. Hoping the DM Register will fail soon. Folks need to reclaim their heritage and not cower in fear of the PC crowd.
Iowa city is the biggest dem crop in iowa. iowa state is farmers and engineers and a hole diff story
“How Iowa can send Tom Harkin and Charles Grassley to the US Senate is oxymoronic.”
No - it’s not. Grassley actually went one step further than Harkin when he calld for suicide. Both senators are idiots.
and dem reg is hurting thank god
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