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POPSHouse Passes Bill Taxing 90% Of AIG Bonuses With Many Republican Votes Here's the Roll Call vote results and you can see how many Republicans voted with the AIG's of the world. And how can we forget that virtually every single Republican-- including, of course, those currently screaming the loudest, have been harsh critics of every effort to limit executive compensation for companies taking TARP money
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POPSDidn't Republicans JUST Say We Shouldn't Ban Bonuses...2 Weeks Ago? And a few more FTA: "I really don't want the government to take over these businesses and start telling them everything about what they can do." Minority Leader Mitch McConnell told ABC News in February, when asked about Obama's proposed limits on executive compensation. Senator Jim DeMint, who attacked the original bailout bill as "pure socialism," characterized executive pay caps as a dangerous government intervention.
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POPSThe Arrogance Of AIG I'm watching Mr Liddy right now on television speaking in front of the Subcommittee. I feel like it's a play, with the outcome already known to all. Sure the folks asking him questions are pissed off, but we all know they will get the additional funds because if we don't bail them out AGAIN, it could ruin our country. That said, I believe that is the same thing we call extortion. Why are companies allowed to be so enormous that if they fail, our country faces devastating financial ruin?
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POPSAIG STILL Want Bonuses Of $160 Million Dollars!! FTA: At the same time, the company said in documents provided to the Treasury, any steps that encourage specialists at AIG Financial Products to leave could open the U.S. government to further risk because of the hazards still posed by the $1.6 trillion portfolio of complex derivatives those employees are working to dispose. They need to look up the word: Humility. Why the hell should they get bonuses when they are falling apart. Life just isn't supposed to be about rewards for the greedy.