I’d personally rather see the execs keep at least some of their bonuses, and be held to higher standards for performance to give them the incentive to do the absolute best they can for the company during hits downturn for their company then to see them give back a psaltery $165 million and be bitter and not work as hard as a result, but the government is eying that $165 million as though it were their last coins in the piggy bank, and they mistakenly think this ’show’ of ‘force’ will appease the country and make it look as though they are proactively ‘watching out for us’ all while robbing us of hundreds of billions of dollars to fund pet projects. Insanity Squared!

And Funny Man is right.

The oil barons and world bankers have been running the show since 1913. Obama may have had high hopes for his own plans while running for office, but he is singing their tune now. Next step - a one world currency. You have heard it mentioned already , but come April and the next G8 meeting, this will be proposed as the solution to the world’s economic problems. Why do you think he has been such a doomsayer until the press (who hasn’t a clue) called him on it. They need the world to think that nothing can solve this economic crisis, not even the wonderful porkulis package, until the world bankers step in and offer their survival plan.

The world is about to undergo a dramatic change if they get their way. I’m not sure what can be done to stop it. And I’m not sure it needs to be stopped. But I would sure like to have the time consider it more. Right now my head is spinning with the speed at which things are happening, and like the rest of us, I have my daily life to be concerned about and have not had the chance to analyze the possible consequences thoroughly. The only thing that might stand in the financial elite’s way is the Supreme Court. We’ll see how they handle the Congress and Obama’s attempt to impose a 95% tax on the AIG exec’s bonuses. If they crumble under that, America as we know it today, and the constitution, are pretty much in tatters.

Then again, I could just be some crazy conspiracy theorist

Bob

Nope- The American people have lost hteir sense of pride- plain and simple- We were ocne a nation of ‘do it yourselfers’, but have slowly but surely devolved into a nation of ‘Gimme what I Deserve! Now!” We as a nation wanted our mommy, and Obama promissed to be our Mommy- paying off our debts, giving us free healthcare, making sure noone bullies us etc etc etc. This appealed to our sense of entitlement, and THAT is why the GOP lost- America wanted their mommy, and they were willing to sacrifice hteir core values in order to secure this ’security’!

The GOP is just fine, and it’s my belief that America will wake up, realize they have been duped, and get back to hte basics that instilled a sense of pride and accomplishment- EVERY socialist society goes htrough this sense of entitlement, then when hte money runs out, and it becomes clear the system is broken, there is always a swing back to core values- I just hope it doesn’t take too long for us to realize just how devestating such income redistribution really is, and hopefully the next GOP candidate will REALLY stress just how important self respect and self accomplishment really are! This is what was missing in the elections- a sensible voice that outlined just how devestating that selling our souls for the sake of a quick buck really is. We NEED a voice i nthe wilderness to snap us out of our ‘utopian comma’ and even to shame us back into reality so that WE- the people, start taking care of ourselves the way WE the people are supposed to- not with our hands outstretched hoping to pick the pockets of ‘the rich’, but with our faces to the wind, our hands to the plow, breaking the ground we’ve let go to waste once again.

As far as Dodd is concerned, I don’t know if he wrote the amendment exempting bonuses, but he sure passed the bill on to the Senate and voted on it. Obama signed it. Did no one read it? Typical of our society today, no one is responsible for their own actions.

And the stocks for immoral behavior… that sounds like a truly “shovel ready” project that could be immediately assimilated into our Dear Leader’s stimulus package. The trouble is, how do we make them “green” and are these jobs that Americans will do? We are gonna need lots of ‘em.

Last year, AIG seeing it was in dire straits due to it’s sub prime mortgage involvement, began divesting and reorganizing sections of it’s business to save money. Part of these changes involved the loss of many executive level positions.

In order to make the reorganization happen as smoothly as possible, some of these execs were asked to stay on and use their experience and knowledge of the inner workings of these departments to guide the process. Knowing they would lose their jobs when it was all done, AIG offered them these bonuses to keep them from just walking out.

That said, I love the idea of the stocks for punishment for a whole range of crimes. I suspect that day after day of public humiliation would do wonders for the recidivism rate.

Joe said a mouthful of BS. O’Dumbo and his criminal secretary of the treasury have been working on the bailout since the middle of last year. They set it up and the democrat controlled congress passed it. GWB was guilty of requesting a large package but wised up and only let half of it out. O’Dumbo requested the other half. Chris Dodd put the protection of the criminals getting the bonus money for destroying the country in the bill. Remember the 1,000+ pages no one read and all democrats voted for, just add three traitors from the senate republicans and you have the targets for the first major lynching party to come soon.