Obama .... Socialist Admininstration
I'm not here to defend AIG or any other's actions, but I will not let this God damned Administration rollover the Constitution and our Freedoms. The danger here is that Congress and the President have the power to not only eliminate our tax cuts and tax deductions, now they are abusing their power by creating excessive taxes.
Don't cheer for these idiots. They voted the approval of these bonuses when they approved and signed the Stimulus Bill without reading it.
As stated in "House passes bill taxing AIG and other bonuses," The bill would levy a 90 percent tax on bonuses paid to employees with family incomes above $250,000 at companies that have received at least $5 billion in government bailout money.
The pig-liar, President Barak Obama told reporters Wednesday that his administration was not responsible. Bullsh*t.
This tax is just another form of the Second Plank of Karl Marx's The Communist Manifesto.

7 comments:
Earnest Barnett,
We have put up with tax cuts for the rich for 8 yrs under the Bush admin.
And why are you complaining? You owe a damn trailer park.
Are you really that stupid that you just don't get it? The slippery slope?
On a percentage basis, the bonuses paid would be the equivalent of a person making $170,000.00 in a year giving their maid a $165.00 bonus.
Populist non sense and class envy at its worst.
Class envy? Maybe, maybe not, but when you're living the high life on MY dime, I do have a problem with it. I actually had to make good choices to manage my money and pay my bills.
Our US Congressmen, both Republican and Democrats, are living on our dime and look at the chaos they are causing.
Of course they want the tax dollars back, after all they use those dollars to fly to and from Washington.
That's why Joe Ochoa wants to run for US Representative! So he can screw us more. That is his bigger fish.
Exactly Earn! We whine when private companies who have made their own money pay private citizens millions of dollars for their service as employees.
A company takes "bailout" money as part of a "stimulus" package and pays contractually obligated bonuses to people and all hell breaks loose.
OUR GOVERNMENT WASTES BILLIONS on a daily basis and we say nothing.
Enough with the "tax cuts for the rich." That tired old divisive argument is nothing more than a way of stirring up the pobres to continue voting democrat.
Tax cuts work. PERIOD. The current mess has nothing to do with tax cuts. It's about irresponsible over-spending by congress and local governments. It is also caused by stupid borrowing abetted by stupid lending.
The solution is simple. Choose not to participate in this "depression." Every night, the network news goes above and beyond to find every sob story down on his luck guy who lost his job (but AIG execs got bonuses).
Look around. I drove by the Livestock Show in Mercedes today. They must have a soup line and tent city there because the exit off Hwy. 83 was backed up a half a mile and the parking lots look full.
Yes. There are segments of the nation having a hard time economically right now, but it's not the case in Texas, and judging by the attendance at the Gladys Porter Zoo today, things are going to be just fine.
By the way. The states in the worst shape economically like, California, Michigan, Illinois and Ohio are all run by democrats. It's probably just a coincidence, but go figure.
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