So, the VERY SAME CONGRESS THAT ENABLED THE AIG BONUSES IS NOW UPSET THAT THE BONUSES WERE ISSUED?

Thursday, March 19, 2009

The Obama Liar Administration and the fake Congressional Outrage over AIG.

Let me get this straight:

Congress passes a law they didn’t read that included this: (From the porkulus bill – Generational Indebtedness Act)

TITLE VII--LIMITS ON EXECUTIVE COMPENSATION

SEC. 111. (b) (3)(D)(i) A prohibition on such TARP recipient paying or accruing any bonus, retention award, or incentive compensation during the period in which any obligation arising from financial assistance provided under the TARP remains outstanding, [snip]

(iii) The prohibition required under clause (i) shall not be construed to prohibit any bonus payment required to be paid pursuant to a written employment contract executed on or before February 11, 2009, as such valid employment contracts are determined by the Secretary or the designee of the Secretary.

No matter that Chris Dodd LIED about his part in this, or that this apparently was done at the behest of the Administration…

What about the Constitution?

Section 9 - Limits on Congress

No Bill of Attainder or ex post facto Law shall be passed.

It seems to me that all this “sturm” and “drang” is based on the concept of confusing the American people with the concept of engaging in MOTION over ACTION.

So, the VERY SAME CONGRESS THAT ENABLED THESE BONUSES IS NOW UPSET THAT THE BONUSES WERE ISSUED?

Are they just hoping that we won’t pay attention to the Federal courts inevitably and rapidly declaring this lynching to be unconstitutional?

I’m not all that big on these bonuses and I know they’re from tax dollars… but the time to address this issue has passed; and the outrage at $165 million dollars in bonuses when Obama has, and will continue to, bury us in trillions of debt seems just a bit misplaced.

This political kabuki theater was NOT the “Hope” and “Change” we were told we should believe in..
Posted by Just a guy at 10:13
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