Thursday, March 19, 2009
Because of public exposure and the great outcry concerning his hypocrisy, Senator Christopher Dodd has not only admitted that is was HIS addition to the Stimulus Bill which allowed the payment of bonuses to AIG executives (though he is saying the President MADE him do it), he has declared that he will be returning the parts of his over $130,000 presidential campaign donations from AIG executives which in his eyes are "tainted", whatever that means....
Our President has decided that his great plan to make our heroic military vets pay for their own PRIVATE health insurance was not so great after all. Again, our great hue and cry has exposed his agenda as well as his incompetence at his job.
Nancy Pelosi, Speaker of the House, and third in line to be President of the United States, recently said, while addressing illegal aliens in California, and while condemning raids by the Immigration and Customs Enforcement agents, said, "You are special people. You're here on a Saturday night to take responsibility for our country's future. That makes you very, very patriotic." What? Does that make those who believe in following the laws that CONGRESS has passed are un-patriotic??
Wednesday, March 18, 2009
Tuesday, March 17, 2009
Christopher Dodd has put on the table the taxation of the Retention Bonuses paid to AIG - at a rate of 90%! But he realizes that would be taxing ourselves, so he'll have to rethink it. He is also angry that some of the funds have been sent to prop up foreign banks, but they probably only honor the insurance policies which they wrote. Chuck Schumer wrote a letter to the gov't appointed CEO of AIG that his bonus-receiving employees will either voluntarily return their bonuses or "we plan to virtually tax all of it" - perhaps at 91-100%. What they are NOT telling you is that although they are all feigning outrage and shock, they KNEW this was part of the bailout package they signed into law - or they should have known! It was Dodd's own exemption, placed into the law, that contracts already entered into must be honored. Dodd, by the way, took around $130,000 in donations to his Presidential campaign from AIG, and is also a Senator who received special treatment for his mortgage loan from Countrywide. These bonuses may be the only way that AIG can keep competent executives on board to help turn the company around. And contrary to some in Congress like Barney Frank who want to LIMIT executive pay in ANY American company to $500,000, I don't think limiting capitalism is the answer. Again I would ask if this will pertain as well to movie stars and athletes..... The current Clinton era rules limiting income in various ways led to the practice of paying executives with bonuses and stock options instead of higher income... If our government can break the contracts in order to get these bonus monies back - not one contract in America is safe. Ask yourself whose contract will be next. As to all of this, Obama said yesterday that all Americans ask "is that everyone, from Main Street to Wall Street to Washington, play by the same rules. That is an ethic that we have to demand." Doesn't that make you laugh? He excepts his own appointees, as we know. Perhaps he should just require fair discussion and actual reading of all bills prior to bills being passed into law.
Next, Obama will not take off the table the possibility of having the health care of our Veterans be paid for by their PRIVATE insurance. The Law of Unintended Consequences would forecast the following: employers not hiring vets at the same rate as before, fewer people entering the military, private insurance companies greatly increasing their premiums because they are having to cover severely wounded vets who were promised care thru the Veterans Administration, and even more people put on the roles of the uninsured and unemployed. Oh - maybe THIS is the ultimate goal - having more people begging for Universal Health Insurance!
As if this is not enough, this Congress is contemplating the taxation of American workers' health insurance benefits which are given to them by their employers!
'hold back' power to certain houses at certain times of the day. The government deciding who gets heat or AC on extreme temperature days - yeah, that sounds like it will end well." I assume that Obama will be allowed to keep the Whitehouse at his favored 78-80 degrees - because he came from Hawaii....and he's not bound by his own treat-everyone-the-same rules.
Cook County, Illinois (Chicago) residents will soon have to provide thumbprints in order to sell a home! How can they get away with that??!! Keep an eye out in your own states for more takeovers of our rights - and report it by commenting on my blog!
Last: Congress is entertaining the use of a procedure called "reconciliation" to put the energy bill and the healthcare bill into the budget without having to entertain debate with those pesky conservatives, and with only a simple majority of votes (not the supermajority) - with no filibuster allowed!