That is $180,000,000,000, of our money given to AIG.
That is enough to give every American man, woman, and child about $500 each.
And the only outrage is over $165 million?
Look at the math. $165 million is only about 9% of the entire $185 billion given to AIG.
Where is the other 91%?
Some of it, ranging in the BILLIONS, went to foreign and European banks. American tax payer dollars intended to help AIG restructure and re-solidify were sent to European banks. And AIG is still in danger of failing.
And we are worried about $165 million going to Americans.
How ironic.
Why are not outraged at the failed policies that allowed this economic crisis to occur?
Why no outrage that a company needs to be bailed out with nearly a quarter a trillion dollars?
Instead, let's attack some money that Americans are receiving. While it its very discouraging to see these bonuses paid to employees of a failed company, the bonuses are likely the cheapest way out of the mess. These bonuses are contractually obligated. Failure to pay them would result in more bailout dollars being spend to cover for the obligatory lawsuits.
My outrage is the distraction caused by our Teleprompter President. B.O. has been picking fights with Rush Limbaugh, using quotes from John McCain's campaign, and throwing tax-payer funded galas at the White House. All the while, he has allowed and encouraged Nancy Pelosi and Harry Reid to run wild with the American tax payers' credit card.
My outrage is that Democrats like Chuck Schumer can go out there, without hesitation or remorse, and claim to want to tax these AIG bonuses at rates up to 90% or higher.
Can you see the precedent set by that? Isn't that a violation of the illegal search and seizure clauses in the US Constitution? You know, the Fourth Amendment to the document that is supposed to be the foundation of how our country is run.
Although the Supreme Court has eroded the US Constitution over the last 70 years, the US Constitution is still the basis for our nation.
The Fourth Amendment states:
The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.
While the usual connotation of this Amendment refers to legal matters in which the American citizen is protected from warrant-less searches and seizures in criminal matters, I do submit that this clause also applies here to the searching out of people who received these bonuses, and then the announcement by Chuck Schumer that there is the chance the Government will tax, or seize, 90% or more of these bonuses.
Isn't it a violation of rights to seek out one class or group of people, find out their names and what their contractual bonus is, and then, based on the information found in that search, which occurred without a legal warrant, to intentionally tax/seize those dollars on the limited scope with only one group of 73 people?
Isn't it illegal, or at the very least, unethical, to come out and say that the US Government is considering taxing to eliminate these bonuses?
If it does go through, and these 73 AIG employees are taxed to oblivion to recoup these dollars, can you see the precedent it sets?
Yeah, roll your eyes and claim I am just creating a slippery slope. But, you also dismissed a lot of slippery slope scenarios when we tried warning you about Obama and his left-wing, big-government, big spending agenda. Just hear me out.
The precedent set by the idea that the US Government can reach into the pockets of select citizens because they received an unpopular bonus, where would it stop? Would this money-hungry government reach into the pockets of gas company execs and tax/seize their bonuses?
OK, who cares about gas execs? Right? They're rich, greedy, and deserve to be taxed to oblivion.
Let's say a group of teachers earn attendance bonuses for not missing a day in the 180-day school year. However, they are in an area that traditionally does not do well on state and other standardized tests. Can the government reach into their pockets and take back some of their money?
Does it only stop at bonuses? Will they raise taxes on unpopular people's salaries?
Our US Government is broken. It is out of control. The Democrats are spending the money of Americans who will not be born for 3 generations.
When will it end? When will you stand up and speak your mind? When will you take it upon yourself to say, "I am an American, and my government works for me, and not the other way around!"? When will America unite and fire these power-hungry, money-hungry buffoons?
When, America? When?
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