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Thread: Dodd says he was misled on bonus legislation

  1. #11
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    Re: Dodd says he was misled on bonus legislation

    For the sake of argument, let's assume that Dodd WAS mislead on the bonus issue......

    Do his constituents really want a dumbass who can be easily misled representing them? Of course not. They want someone who has something in his head other than a pile of rocks.

    So, if what Dodd is telling us is actually true, then by Dodd's own admission, he is incompetent, and should be replaced.
    Last edited by danarhea; 03-21-09 at 12:52 PM.
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    Re: Dodd says he was misled on bonus legislation

    Quote Originally Posted by Reverend_Hellh0und View Post
    What about, you know, the people who told him to put it in there. should they step down too?
    No, not necessarily. The bonus issue was tied into the bill based on the idea of there being legal issues, not because of a scheme to make banking executives insanely wealthy from tax payer money. I don't think the intent was criminal on the administrations part or even unethical. I think they were trying to pass the bill and avoid court challenges based upon the government forcing banks to break pre-existing compensation contracts with employees. I don't like it, but I understand it.

    Besides, there is no evidence Obama concocted this. It was staff level planning that led to the recommendation. This whole issue is not so much that the clause was there, but the dishonesty that was displayed when called out about it.
    Last edited by Lerxst; 03-21-09 at 07:27 PM.
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    Re: Dodd says he was misled on bonus legislation

    Quote Originally Posted by zimmer View Post
    I think there should be an open Congressional investigation and hearings into this to find out who in government knew what when.

    Just like hauling in the Generals to testify during war, we should have these financial oversight generals in Congress and the White House, the Exeuctive Branch tell us who, what, when, where, why and how.

    Dodd, Geithner and Obama can start.

    It's time for some public accountability.

    .
    Why? The clause is in no way criminal or unethical. It's very distasteful to taxpayers who weren't getting the bonuses, but nothing more. It's the dishonest political maneuvering that took place afterwards that has me upset. Mainly Dodd's candyass ducking and dodging and that moron Frank's threat to expose bonus recipients.
    *insert profound statement here*

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    Re: Dodd says he was misled on bonus legislation

    Dodd should have been gone a decade ago.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
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    Re: Dodd says he was misled on bonus legislation

    Quote Originally Posted by American View Post
    Dodd should have been gone a decade ago.
    Unfortunately the voters don't share that opinion.
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    Re: Dodd says he was misled on bonus legislation

    Quote Originally Posted by zimmer View Post
    I think there should be an open Congressional investigation and hearings into this to find out who in government knew what when.

    Just like hauling in the Generals to testify during war, we should have these financial oversight generals in Congress and the White House, the Exeuctive Branch tell us who, what, when, where, why and how.

    Dodd, Geithner and Obama can start.

    It's time for some public accountability.

    .
    Unlike administration officials, generals, judicial appointees, or private citizens... Congress seems to have exempted themselves from these public humiliations and show trials. In the rare instance when wrong-doers are forced out... which is quite rare... they are permitted to sneak away in the dead of night as if they had never been there at all.

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    Re: Dodd says he was misled on bonus legislation

    Quote Originally Posted by Lerxst View Post
    No, not necessarily. The bonus issue was tied into the bill based on the idea of there being legal issues, not because of a scheme to make banking executives insanely wealthy from tax payer money. I don't think the intent was criminal on the administrations part or even unethical. I think they were trying to pass the bill and avoid court challenges based upon the government forcing banks to break pre-existing compensation contracts with employees. I don't like it, but I understand it.

    Besides, there is no evidence Obama concocted this. It was staff level planning that led to the recommendation. This whole issue is not so much that the clause was there, but the dishonesty that was displayed when called out about it.




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    then they should have been upfront abp
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    Re: Dodd says he was misled on bonus legislation

    Quote Originally Posted by danarhea View Post
    For the sake of argument, let's assume that Dodd WAS mislead on the bonus issue......

    Do his constituents really want a dumbass who can be easily misled representing them? Of course not. They want someone who has something in his head other than a pile of rocks.

    So, if what Dodd is telling us is actually true, then by Dodd's own admission, he is incompetent, and should be replaced.
    This is exactly what I was thinking.

    The federal government is the only place were one can defend job performance by claiming stupidity.
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