Senator Schumer (aka Chuckie) has demanded that the AIG employees who received substantial bonuses give them back to the company or he would introduce legislation to tax them at a rate of 100%. (I belive that would be called confiscation). Regardless of the fact that the company was legally obligated to pay those bonuses, that the government know of these payments for some time, but it also included in the Stimulus bill a specific provision that allowed the company to pay those bonuses, Chuckie believes these salary payments (that’s what they were) should be confiscated by the government. His theory, I believe, is that the employees were paid out of government (read “taxpayers”) money and that they did not do a good job.
If Chuckie and the Congress felt these bonuses were unconscionable (and maybe they were), why did they 1) Include in the Stimulus Bill a provision that protected these payments, or
2) Not put a provision in the bailout money to AIG that the payment was conditioned upon a renegotiation of any employment contract that granted such generous payouts?
Enough with the phony posturing, Sen. Schumer, you and Congress could have prevented the payment of these bonuses, but allowing them to be granted, and then going on national TV to complain about them is somewhat hypocritical, to say the least.
Chuckie Baby: May I most respectfully suggest that their are others receiving taxpayers money who did not do a good, or even a credible, job, like the Congress of the United States, including you.
While we are at it, Chuckie, how about asking the President of the United States and Senator Dodd, the two largest political recipients of AIG’s largess, to give back the donations they received from AIG.
While I’m on a tear, how about stopping the payment of $900,000,000 by the US to rebuild Gaza, an area that is controlled by Hamas, an organization declared by the United States to be a terrorist organization. Maybe under your theory relating to the AIG bonuses, if the money is given, the US could sue to get it back, or maybe tax it at 100%. You can go there and be our tax collector. I’m sure they would give you all the respect you deserve.
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on Wednesday, March 18th, 2009 at 8:50 am and is filed under Humor, Humor - Political, Political Satire.
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