NAMES AND PHOTOS WOULD DO THE TRICK
the president is taking a lot of heat for the AIG fiasco bonuses and the wolves are howling but most people don't understand the bind he (we) is (are) in. these bonuses were contracted last year and are legally binding. now, since we, the taxpayer, have a stake in the company and we don't pay the bonuses then there will be lawsuits which they will win.
i have an idea though that would keep us from paying these outrageous bonuses to people who got us in the mess in the first place: publish their names, their addresses and their photos in the national press and on the internet. then let us see if these greedy motherfuckers still want to take that money. already, aig hq is under armed guard because the people are more than a little upset over this and it is hard to blame them.
it has a good chance of getting really ugly here in america and fear and loathing is sweeping the land. the barricades are being erected and the pitchforks are being sharpened. somewhere, some old lady is stitching names into a blanket. those names are going to be checked and heads will roll. (re: tale of two cities)
in the nit tonight, take kentucky and give the 7 over unlv.
nationalize the banks and do away with the federal reserve. the f.r. is a PRIVATE bank that LOANS our money to US. now is the time for real change. it may get a little bloody but as thomas jefferson said, "the tree of liberty must watered with blood of patriots and tyrants."
oh well, i am old and have lived through the golden age of america, the richest times in the richest land the world has ever seen. my children and grandchildren will not have it nearly as good as i did.
top of the morning to you.
i have an idea though that would keep us from paying these outrageous bonuses to people who got us in the mess in the first place: publish their names, their addresses and their photos in the national press and on the internet. then let us see if these greedy motherfuckers still want to take that money. already, aig hq is under armed guard because the people are more than a little upset over this and it is hard to blame them.
it has a good chance of getting really ugly here in america and fear and loathing is sweeping the land. the barricades are being erected and the pitchforks are being sharpened. somewhere, some old lady is stitching names into a blanket. those names are going to be checked and heads will roll. (re: tale of two cities)
in the nit tonight, take kentucky and give the 7 over unlv.
nationalize the banks and do away with the federal reserve. the f.r. is a PRIVATE bank that LOANS our money to US. now is the time for real change. it may get a little bloody but as thomas jefferson said, "the tree of liberty must watered with blood of patriots and tyrants."
oh well, i am old and have lived through the golden age of america, the richest times in the richest land the world has ever seen. my children and grandchildren will not have it nearly as good as i did.
top of the morning to you.
posted by Ron Shock | 10:02 AM
2 Comments:
Are we really liable for those bonuses? If they hadn't been bailed out, they would be bankrupt. If they were bankrupt, no bonuses would have been paid.
At any rate, if they do sue, we will have all that contact information - names, addresses, etc...
Obama’s White House economist, Larry Summers, on whose watch as Treasury Secretary in the Clinton administration financial deregulation got out of control, invoked the “sanctity of contracts” in defense of the AIG bonuses.
But the Obama administration does not regard other contracts as sacred. Specifically: labor unions had to agree to give-backs in order for the auto companies to obtain federal help; CNN reports that “Veterans Affairs Secretary Eric Shinseki confirmed Tuesday [March 10] that the Obama administration is considering a controversial plan to make veterans pay for treatment of service-related injuries with private insurance”; the Washington Post reports that the Obama team has set its sights on downsizing Social Security and Medicare.
According to the Post, Obama said that “it is impossible to separate the country’s financial ills from the long-term need to rein in health-care costs, stabilize Social Security and prevent the Medicare program from bankrupting the government.”
The US government breaks its contracts with US citizens on a daily basis, but AIG’s bonus contracts are sacrosanct.
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