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impala454
post Mar 19 2009, 10:42 AM
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http://www.chron.com/disp/story.mpl/front/6320729.html

They're going to vote on putting a resolution through to impose a 90% (yes, nine zero) on the AIG bonuses. This is absolutely preposterous, and turning to socialism at its finest.

QUOTE
President Barack Obama, who took office just under two months ago, told reporters Wednesday that his administration was not responsible for a lack of federal supervision of AIG that preceded the company’s demise. But Obama added, “The buck stops with me.” Obama said his administration was consulting with Congress on creating a new “resolution authority” to seize giant institutions like AIG — including all their toxic assets — whose collapse in normal bankruptcy could cause calamity in the financial markets.

So, not only does he say he's not responsible for the bill he signed, but feels he's justified in creating a new bureaucratic structure for the purpose of seizing private institutions!??! This sets a precedent for our democrat pres/congress combo that scares the hell outta me. What are they gonna do next? Tax the EIB network for everything they've got so they can shut down Rush Limbaugh?
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Oasis
post Mar 19 2009, 11:11 AM
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All these greedy fuckers should be charged with treason. Seriously

I can see why Edward Liddy would be hesitant about listing the names of the people who got the $165m. He knows they're targets for all the families whose lives their greed destroyed. If they get executed with piano wire around their necks, so be it. Surprised it hasn't happened already, to be honest

I know the 90% would set a very bad and maybe dangerous precedent but I'd rather get the money out of those fuckers' hands by any means necessary


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