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Admiral
Joined: 26 Aug 2004
Posts: 1235
Location: Kansas (Transplanted Texan)
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 Posted: Tue Mar 24, 2009 3:18 am Post subject: When will Obama and Dodd give back THEIR AIG Bonuses? |
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| Quote: | So, when are President Barack Obama and Senator Chris Dodd and others going to give back the "bonuses" they received from American International Group (AIG)?
By now, you know the story. After receiving another $170 billion bailout from the American taxpayer, AIG paid out $165 million in bonuses to its executives.
Almost immediately, the Obama Administration and liberals in Congress FEIGNED outrage. They even had the audacity to claim that they knew nothing about these bonuses.
Speaker of the House Nancy Pelosi pontificated; "We want our money back now for the taxpayers." Senator Charles Schumer ominously threatened AIG executives; “If you don’t return it on your own, we will do it for you.”
And in a matter of hours, the Pelosi-led House of Representatives passed a bill that would (in certain cases) tax 90 percent of the bonus money that is received from any company that has received at least $5 billion in bailout money.
Essentially, the Pelosi-led House of Representatives played the American people for fools and used our public outrage to set a dangerous and draconian precedent.
Furthering a socialist agenda, liberals in Congress basically asserted their authority to tax any individual (or group)... any amount... at any time... totally at their discretion... no reason need be given... if they don't like you... that's it.
And President Obama cheered them on. He called it "a strong signal to the executives who run these firms that such compensation will not be tolerated."
But that's not the end of the story. The hypocrisy here is staggering! Brody Mullins and T.W. Farnam with The Wall Street Journal put it rather mildly:
"Some of the most vocal critics of American International Group Inc.'s bonus payments are also the biggest recipients of campaign contributions from the company, including President Barack Obama and Senate Banking Chairman Christopher Dodd."
It's time to call these elected officials on the carpet for their hypocrisy! Since they claim with such self-righteous indignation that "we want our money back now for the taxpayers," and that "such compensation will not be tolerated," it's time to tell Nancy Pelosi and Barack Obama and Chris Dodd and Chuck Schumer to practice what they so sanctimoniously preach.
If they want to lead us down the road to socialism; let's see how they like having to live under the spirit of the laws they pass.
President Obama's $110,332.00 in campaign contributions from AIG... we want it back! Senator Dodd's 281,038.00 in campaign contributions from AIG... we want it back! Senator Chuck Schumer’s $111,875.00 in campaign contributions from AIG... we want that back too!
We want it ALL back... every thin dime... and not just campaign contributions from AIG. The American people want every single dime of campaign contributions paid by any company presently receiving bailout money! We want it back NOW! We want it back TODAY!
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Call your Congressman and Senators and DEMAND they force these hypocrites to give every penney of it back!
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