100% Tax?

[70Chip]

This AIG thing continues to gather steam:

OpenSecrets | Before the Fall, AIG Payouts Went to Washington - Capital Eye

Dodd, Chris (D-Conn) $280,238
Bush, George W (R-Texas) $200,560
Schumer, Charles E (D-NY) $111,875
Obama, Barack (D-Ill) $107,332
McCain, John (R-Ariz) $99,249
Baucus, Max (D-Mont) $90,000
Kerry, John (D-Mass) $85,000
Johnson, Nancy L (R-Conn) $75,400
Sununu, John E (R-NH) $69,049
Clinton, Hillary (D-NY) $59,515
Lieberman, Joe (I-Conn) $57,900
Rangel, Charles B (D-NY) $53,582
Giuliani, Rudolph W (R-NY) $50,250
Lazio, Rick A (R-NY) $48,600
Ensign, John (R-Nev) $44,569
Bayh, Evan (D-Ind) $43,700
Larson, John B (D-Conn) $43,000
Biden, Joseph R Jr (D-Del) $41,350
Baker, Richard (R-La) $41,032
Torricelli, Robert G (D-NJ) $39,000
D'Amato, Alfonse M (R-NY) $38,750
Carper, Tom (D-Del) $37,213

[saden1]

Everyone is on the Roster. Chuck Schumer is a weasel, always has been and will always continue to be. I'll reserve judgment on Dodd until we know more for sure.

[That Guy]

Originally Posted by 70Chip

The thing that's infuriating is that no one seems to be owning up to who actually changed the bill in conference. You may recall that there were complaints about changes being penciled in to the margins at the last minute. If Dodd (or any other Senator for that matter) says to some flunkie, "cross out that section", does that give Dodd deniability? Can he then say to the press "I don't who made that change?"

I know as the Warpath's reactionary in residence I'm completely biased, but I think it's time for the Senator from CountryWide to hit the bricks. The Democrats would be better off without him and Barney Frank but again, not really for me to say.

you're probably right on that. there's some good congress critters, and some really bad ones that need to go.

[70Chip]

I've been following politics since I was but a child and this has all the "earmarks"* of a full blown press feeding frenzy. When they get like this they won't let up until they have exacted their pound of flesh and that means somebody loses their job. Dodd is the frontrunner from where I sit, but Geithner is a possibility too. Nobody knows him. Nobody will even miss him. Dodd is a cave-dweller in Washington-speak so he has some reserve of good will that might save him.

It's an old-fashioned populist tar and feather job and by gar it's been a while. Twain was so dead on with that scene from Huck Finn with the Duke and the Dauphin. The American people are pretty naive and they'll put up with a fair amount of bullshit, but when they've had it, they've had it and someone's going to get rid out of town on a rail.

*smug laughter

[firstdown]

Now I just heard on the radio some of the companies that received bailout money owed back taxes to the federal goverment. If I heard correctly several companies owed over 100 million in taxes.

[That Guy]

Originally Posted by firstdown

Now I just heard on the radio some of the companies that received bailout money owed back taxes to the federal goverment. If I heard correctly several companies owed over 100 million in taxes.

at least the fun never stops... does anyone actually pay their taxes? it seems to be a running theme...

[FRPLG]

Here's what I think. I'll ignore the whats and whatnots and comment that this is what happens when the gov't tries to do stuff in a hurry because it is an "emergency". We had politicians, including the current and former Presidents leading the charge, about how this was an "emergency". We had to act NOW or the world would explode. So we have these bozos in Washington currying fear to rationalize their own existence and actions. Only now after we acted so damn fast, full speed ahead with blinders on, are the people who were supposed to be helping actually asking the questions that needed to be asked like 3 months ago. This is example infinty+1 of how our system is so fouled up. While the media is busy exacting it's pound of flesh from the Democrats why isn't anyone asking why the Republicans, who were supposed to "fiscally conservative", didn't see fit to ask these questions? They played similar politics and just voted against or derailed where they could without actually having any good reasosn apparently other than it wasn't their idea.

[firstdown]

Originally Posted by FRPLG

Here's what I think. I'll ignore the whats and whatnots and comment that this is what happens when the gov't tries to do stuff in a hurry because it is an "emergency". We had politicians, including the current and former Presidents leading the charge, about how this was an "emergency". We had to act NOW or the world would explode. So we have these bozos in Washington currying fear to rationalize their own existence and actions. Only now after we acted so damn fast, full speed ahead with blinders on, are the people who were supposed to be helping actually asking the questions that needed to be asked like 3 months ago. This is example infinty+1 of how our system is so fouled up. While the media is busy exacting it's pound of flesh from the Democrats why isn't anyone asking why the Republicans, who were supposed to "fiscally conservative", didn't see fit to ask these questions? They played similar politics and just voted against or derailed where they could without actually having any good reasosn apparently other than it wasn't their idea.

Well some of them were asking these questions and only a few voted for the stimulas bill which just gave AIG a bunch of more money. Hey, the dems control both houses and President. Its their time to take the heat for the screw ups. I'm not one to point fingers but when you have total control its all on you. Just like I rip the Rep. back when they had total control and did nothing.

[dmek25]

Originally Posted by firstdown

Well some of them were asking these questions and only a few voted for the stimulas bill which just gave AIG a bunch of more money. Hey, the dems control both houses and President. Its their time to take the heat for the screw ups. I'm not one to point fingers but when you have total control its all on you. Just like I rip the Rep. back when they had total control and did nothing.

hahahaha

[FRPLG]

Originally Posted by firstdown

Well some of them were asking these questions and only a few voted for the stimulas bill which just gave AIG a bunch of more money. Hey, the dems control both houses and President. Its their time to take the heat for the screw ups. I'm not one to point fingers but when you have total control its all on you. Just like I rip the Rep. back when they had total control and did nothing.

Sorry. No. THey opposed it because it was Obama/Reid/Pelosi. They weren't asking questions. At least most of them weren't. They screwed the pooch because they were either distracted by politics or didn't care.

[steveo395]

Originally Posted by FRPLG

Here's what I think. I'll ignore the whats and whatnots and comment that this is what happens when the gov't tries to do stuff in a hurry because it is an "emergency". We had politicians, including the current and former Presidents leading the charge, about how this was an "emergency". We had to act NOW or the world would explode. So we have these bozos in Washington currying fear to rationalize their own existence and actions. Only now after we acted so damn fast, full speed ahead with blinders on, are the people who were supposed to be helping actually asking the questions that needed to be asked like 3 months ago. This is example infinty+1 of how our system is so fouled up. While the media is busy exacting it's pound of flesh from the Democrats why isn't anyone asking why the Republicans, who were supposed to "fiscally conservative", didn't see fit to ask these questions? They played similar politics and just voted against or derailed where they could without actually having any good reasosn apparently other than it wasn't their idea.

Hilary Clinton and Rahm Emanuel said it best. They can't let a good crisis go to waste, so they could pass things that they couldn't pass before.

You Tube

You Tube

[Miller101]

Originally Posted by firstdown

Hey, the dems control both houses and President. Its their time to take the heat for the screw ups.

Dude, We are where we are right now, because of the Republicans. Not because of the Democrats. The Dem's don't need to "take heat" because they didn't bring this economy down. They're just trying to bring the economy back up! They're trying to be the hero! And yes, they would really like Republicans to join in and help. I only hope the Republicans realize that and STOP SAYING NO!



As far as the taxing of bonuses.................Thats awesome! I like how they said, "We want our money back.....Its not that complicated". And, they're only taxing 90% so the local governments can tax the rest of it. Its to bad that they let it get to this point, but I like how they are fixing this now that it has gotten here. Hopefully, this bill will pass the Senate and we all can get our money back.

[MTK]

Originally Posted by steveo395

Hilary Clinton and Rahm Emanuel said it best. They can't let a good crisis go to waste, so they could pass things that they couldn't pass before.
YouTube - Rahm Emanuel on the Opportunities of Crisis
YouTube - Hillary Clinton: Never Waste a Good Crisis

Reminds me of how 'W' took us to war after the ultimate crisis, 9/11.

[firstdown]

Originally Posted by Miller101

Dude, We are where we are right now, because of the Republicans. Not because of the Democrats. The Dem's don't need to "take heat" because they didn't bring this economy down. They're just trying to bring the economy back up! They're trying to be the hero! And yes, they would really like Republicans to join in and help. I only hope the Republicans realize that and STOP SAYING NO!



As far as the taxing of bonuses.................Thats awesome! I like how they said, "We want our money back.....Its not that complicated". And, they're only taxing 90% so the local governments can tax the rest of it. Its to bad that they let it get to this point, but I like how they are fixing this now that it has gotten here. Hopefully, this bill will pass the Senate and we all can get our money back.

This bill they are passing will never come true as its illegal and the stimulas bill actually allowed for the bonuses. Its just a show at this point so the Dems can wipe some of that egg off their face. I agree that taking those bonuses was not right at this time but not sure they can do anything about it. The only reason the Dems. want the Rep. to support all this stimulas stuff is so when it fails its not all on the Dems. If the plan was so great they can pass it on their own and then take full credit for saving us. Wow, how many more seats could they pick up at elections if they could run on supporting the stimulas bill and show how the Rep. faught them on these bills. The only reason I think they don't do this is because they are not sure themself.

[steveo395]

Originally Posted by Mattyk72

Reminds me of how 'W' took us to war after the ultimate crisis, 9/11.

I thought people voted for Obama because he was a change from Bush. I guess they were wrong.