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    Posted March 17, 2009 by
    PeterAndrew
    Location
    Wisconsin
    Assignment
    Assignment
    This iReport is part of an assignment:
    Bailout outrage

    More from PeterAndrew

    Bonus Bad Guys are Congressmen! Not AIG.

     

     

    This is an excerpt from http://conservativeamerican.org

     

     

    "DEMOCRATS WANT 100% TAX ON EXECUTIVE PAY BONUSES!

     

     

    The idea of government stepping in and taking over private industry

    in order to “save” private industry is ridiculous.  Still, that is the

    route both republican Bush-Paulson and democrat Obama-Geithner have

    taken.  To prevent the failure of capitalism, only ensures it.

     

     

    Now that Uncle Sam owns AIG insurance, the democrats want to make all the decisions about how to run a company.  They want everyone pissed off about AIG million dollar bonuses.

    They literally want to legislate decisions on which employees should be

    rewarded and which should not, how much of a reward they should or

    should not get, and (here’s the real kicker) how much tax one has to

    pay on bonuses.  We warned you that going down this slippery slope to

    socialism was not the right way to go.

     

     

    STOP. Think about this:

     

     

    If Democrats (or Republicans for that matter) really felt million dollar bonuses were that bad, why did they allow them? Why didn’t they stop them? They could have.  By stepping in and keeping failing companies alive, your congressmen forced AIG to give out huge bonuses!!! The company, still in business because of your congressmen, must now fulfill its contractual obligations and pay these bonuses! If your congressmen and either President Bush or Obama really, honestly thought these bonuses were bad (and they don’t think that),

    they should have let AIG file for bankruptcy, reorganize, renegotiate

    contracts and put an end to contracts that required them to pay out

    huge bonuses! The big bonuses are not the fault of AIG.  If you’re mad

    about them, blame your congressmen, senator and president!!

     

     

    HOW ABOUT A 100% TAX ON THE PAY OF CONGRESSMEN?

     

     

    Democrats are counting on you falling for this snow job. They

    are counting on you getting caught up in the “Yeah, those guys

    shouldn’t get big bonuses when tax dollars saved their company!”

    hoopla.  They want you to focus on how bad it is that the business is

    giving out the bonuses.  It’s a lie.  It’s a trick.  It’s an

    un-American thing to do.  Businesses giving out bonuses is not the point! Don’t fall for it. The point is how bad it is when government takes over private industry! No business is too big to fail.  That’s nonsense.  The mistake is not the bonuses.  The mistake is not letting AIG fail. "

     

     

    Read the rest of this article now at:

     

     

    http://conservativeamerican.org/dems-libs-socialists/obama/bonus-bad-guys-are-congressmen-not-aig/

     

     

    Read the rest of the article and leave a reply at the link above to let us know your thoughts. 

     

     

     

     

     

     

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