Well that's because they are 5 year old children who have never read the founding document
Green Energy

Well that's because they are 5 year old children who have never read the founding document


Zeal for battle over bonuses waning in Washington

From the White House through the halls of Congress, Washington is losing its zeal for an all-out fight over hefty executive bonuses, now that it wants the financial companies it blames for the collapse of the U.S. economy to help clean up the mess.

The House Financial Services Committee on Thursday adopted a milder alternative to a bill passed last week that would have taxed away 90 percent of employee bonuses from companies getting federal bailout money. The new legislation would let bailed-out companies pay bonuses as long as the government determines the compensation is not "unreasonable or excessive."

Just what is unreasonable or excessive would be determined by financial regulators and the Treasury Department, where Secretary Timothy Geithner set off a public furor by not blocking $165 million in AIG payments to its financial products executives and traders on March 15.

It's still completely ABSURD. The executive, and legislative branches have NO BUSINESS in this. NONE. The courts do in cases of bankruptcy THAT'S IT.

Exceptions from 1935 being used today are evidence of WHY exceptions should never be made.

Don't the people of the USA understand what it means to leave to a very few people, NONE OF WHOM are elected the determination that:
1) A business is in significant trouble
2) That trouble is a threat to....the nation? An industry deemed important? Someone's portfolio?
3) The company should be dissolved by the govt and shares priced at what these few people say is the proper market price.
4) Contracts of this entity with employees and OTHERS are at the whim and mood of the govt.

Or do they no longer care?






- Continuing Our Long Descent Into Socialist Madness
How does this give anyone incentive to work harder, be better, improve their company? It starts with the execs now, but when will it start to filter down? MSNBC: Automakers, banks slapped with pay limits Pay czar curbs execs' cash pay to $500,000...

- Chrysler Financial Refused Government Loan Over Limits On Executive Pay
Guess that didn't work out quite as you'd planned, eh Mr. President? Washington Post: Sources: Chrysler Financial Refused Government Loan Over Limits on Executive Pay By David Cho and Peter Whoriskey Washington Post Staff Writers Monday, April...

- "we Pay You Congressman. Act Like It." (video)
From Gateway Pundit: "The Constitution never gave you the damn authority of telling anyone what they should make... The Constitution never gave you the authority to blythely come in here and arrogantly set pay for people you don't even know. And,...

- John Adams Alien And Sedition Act Has Met Its Match ... Dem House Says They Own Whatever They Want Of Yours
Acting swiftly, the Democratic-led House approved a bill Thursday to slap punishing taxes on big employee bonuses at firms bailed out by taxpayers. In some cases the bonuses might be taxed 100 percent leaving the recipients with nothing.The...

- Mob Anger Over Aig
Washington Post: Rage at AIG Swells As Bonuses Go Out Fed Decided Payouts Couldn't Be Stopped By Brady Dennis and David Cho Washington Post Staff Writers Tuesday, March 17, 2009; A tidal wave of public outrage over bonus payments swamped American...



Green Energy








.