AIG Bonus Bombshell Raises New Questions About Goldman Sachs http://tr.im/hvDt [great read] # Stop bashing AIG, the DOW is tanking! Leave AIG Aloooone! # Republicans Who Opposed Wall Street Salary Caps Last Month Now Condemning ?Outrageous? AIG Bonuses http://tr.im/hwul #
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LOL. True hilarity. Pelosi and the Democrats in Congress are going to put a bill together that will tax by as much as 90% the bonuses that TARP company executives received. Retro-active back to January.
So Republicans and rightwing bloggers will come out with a groundswell of support of a 90% tax increase!
Talk about a rock and a hard place. Let’s see where the loyalty lies and how much intellectual honesty is out there on the right. Should be fun!Full Story... →
Did I get this right? Did the all seeing, all hearing, MahaRushie just call the tea party whackjobs lynch mobs? Surely not:
“A lynch mob is expanding: the peasants with their pitchforks surrounding the corporate headquarters of AIG, demanding heads. Death threats are pouring in. All of this being ginned up by the Obama administration.” Limbaugh later claimed, “This $500,000 limit on executive pay — let me tell you why it won’t work. New York City will die. New York City needs a whole bunch of people being paid a whole lot of money, so they can tax their butts […]Full Story... →
They say that patriotism is the last refuge
To which a scoundrel clings.
Steal a little and they throw you in jail,
Steal a lot and they make you king.
There’s only one step down from here, baby,
It’s called the land of permanent bliss.
What’s a sweetheart like you doin’ in a dump like this?
– B. Dylan
(ht Josh Marshall)Full Story... →
Apparently nobody does. Funny how, in light of the bonus outrage, nobody calls it “The Paulson Plan” anymore. Hard to make political hay out of something if you have to bash your own side in order to get to your opponent I guess.
I’m still totally amazed at the excessive bonus outrage on the right. Welcome to the party boys! Your party has been allowing us to get ripped off for years. Now you want accountability? That’s funny, right there.Full Story... →
I sure wouldn’t want to be on the other end of the outrage when it’s discovered who killed this stimulus provision:
…a provision that would have forced bailout recipients to cap their bonuses at $100,000. Any amount paid above that would have been taxed at 35 percent. The language made it through the Senate, but during conference committee with the House, it was inexplicably removed.
I do have to quickly note that I’m really happy that my opponents on the right are finally getting on board and criticizing corporate excesses! I thought you’d never come running guys. LOL. Outrage! […]Full Story... →