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Thread: Senate quietly stripped measure restricting bonuses from bailout legislation

  1. #21
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    Re: "NO-BONUSES" language was (past tense) IN the bill

    Quote Originally Posted by Gibberish View Post
    No passes. I am quite disappointed in Obama's lack of veto for bonuses line item.

    IMHO though, the fault falls on the senate for actually removing the "no-bonuses" from the bill. The senate should have higher integrity so the President isn't required to analysis ever bill and possible outcomes line for line to try and catch crap like this that the Senate tries to pass. I would hope the Senate would be able to pass quality legislature.

    I can't say I am not surprised though. The current Democratic leaders have been disappointing me for years.
    No, the fault falls squarely upon Obama's shoulders. If the legislature drafts something objectionable it is the responsibility of the executive to "check and balance" its co-equal branch. Justifying his complicity by suggesting the poor little POTUS shouldn't have to read all those big scary bills is partisan sophistry.

    I expected nothing less from Congress, but Obama is the one who spoke of bringing change to Washington. Instead we find out what he really is; a spineless crony for the corrupt Democratic party.

  2. #22
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    Re: "NO-BONUSES" language was (past tense) IN the bill


  3. #23
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    Re: "NO-BONUSES" language was (past tense) IN the bill

    Quote Originally Posted by Ethereal View Post
    No, the fault falls squarely upon Obama's shoulders. If the legislature drafts something objectionable it is the responsibility of the executive to "check and balance" its co-equal branch. Justifying his complicity by suggesting the poor little POTUS shouldn't have to read all those big scary bills is partisan sophistry.

    I expected nothing less from Congress, but Obama is the one who spoke of bringing change to Washington. Instead we find out what he really is; a spineless crony for the corrupt Democratic party.
    If we, as the public, allow ourselves to get caught up in this AIG bonus issue instead of the far bigger issue - a congress widely out of control, then the fault is OURS.

  4. #24
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    Re: "NO-BONUSES" language was (past tense) IN the bill

    Quote Originally Posted by Goobieman View Post
    I think the AIG money came after GWB left office.
    If that were not the case, The Obama would be blaming him, rather than trying to cover the mistake.
    AIG's been getting money since September of 2008. 150 billion as of late last year. An additional 30 billion was given two weeks ago, but it was a restructuring of the previous arrangement, not a new arrangement.

    And from the looks of it, the Fed's calling the shots for the most part.

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