Friday, March 20, 2009

AIG Questions

Let me get this straight. First President Obama and Congress demonize AIG executives for paying out $165m in bonuses after accepting millions in government bailout money. Then Liberal icon and head of the Senate Banking Committee (you know the guy in charge when all the banks were collapsing) Senator Christopher Dodd and Boy Wonder Treasury Secretary Tim Geithner admit (after originally denying it) that they were both involved and aware of the loophole that was created to allow the bonuses to be paid.
Now here's where it really gets interesting...Congress then decides to do what they do best and issue a large 90% tax on the bonuses but get this...ONLY ON INDIVIDUALS THAT EARNED OVER $250,000! Class warfare at it's finest!
Then to top the day off it is revealed that 13 unnamed companies that received government bailout money owe over $220m in back taxes to the Federal Government!
However fear not...President Obama has things firmly in hand. While all this was going on he spent the day filling out his NCAA brackets and yukking it up with Jay Leno....and that's what shim sez...

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