tag:blogger.com,1999:blog-4787352583169981434.post8474897151170930604..comments2023-09-26T12:00:43.395-04:00Comments on Bill's Blog: Shuster statement on AIG bonusesPA09presshttp://www.blogger.com/profile/14249450207347708241noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4787352583169981434.post-51968850166803554132009-03-19T21:05:00.000-04:002009-03-19T21:05:00.000-04:00What is it with Congress? While I don't agree with...What is it with Congress? While I don't agree with these people getting bonuses, I believe that this taxation is illegal. Isn't it a "bill of attainder" and an ex post facto law? Both outlawed bu the United States Constitution if I recall.<BR/><BR/>As an American, I am outraged and disgusted by this kind of thugery. Congress itself forced the companies to pay the bonuses and now is going after these people. I heard some member of Congress speaking on the radio about "these executives who led their companies to ruin" and all I could think was "Hey, hasn't Congress done the same thing?"<BR/><BR/>All of these petty games are killing me. They're killing our nation! America is bleeding out and all our "leaders" can do is punish people and come up with more laws to restrict us, instead of leading us out of this mess. Leaders LEAD. Supervisors supervise. It's time to lead (or go home!)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4787352583169981434.post-33308314524756459022009-03-19T20:27:00.000-04:002009-03-19T20:27:00.000-04:00I respect the congressman's courage in attempting ...I respect the congressman's courage in attempting to not make a bad situation worse. Congress has no business writing laws like this.<BR/><BR/>(1) I trust that most people reading this understand that the very term "bonus" is a misnomer in this case. For most financial firms, retention bonuses are a negotiated part of the individual contracts - in no way are they "optional" as they are in most other sectors.<BR/><BR/>(2) As the majority stakeholder in AIG, the American people should have an extremely large club. If we don't like the way the company is being run, holding an 80% stake in the company we should be able to replace any member of the management team we like.<BR/><BR/>(3) This is all a diversion over what really amounts to trivial matters in the grand scheme of things. I urge Congressman Shuster to co-sponsor Representative Paul's bill to audit the Fed. Don't be swayed by the side show, go right to the heart of the matter.Anonymousnoreply@blogger.com