Why in the world should the recipients of the bonuses at AIG (or anywhere else) need to be afraid? They are employees at a company that is living up to contractual obligations and nothing more.
They are not evil.
They are not greedy.
They are not the problem.
The problem, of course, lies back in Washington. The problem is that All of the President's Henchmen, in this giant effort to remake America, knew that the bonuses were protected in the legislation. Lil Timmy Geithner knew. Obama knew. Dodd knew. Frank knew. The whole damn thing was inserted and protected at the last minute.
Conspiracy Theorists should be having a hay-day with this.
I think the original insertion of the contract honoring provisions was there simply to make sure that AIG (and others) get to try and keep the best and brightest employees. I think that was probably the right decision, although I think the head of AIG (and others) should look hard at what bonuses are being paid to whom. But I think the heads of those companies need the leeway to run the companies as they see fit.
But that original proposition is over, as I'm sure Rahm and Axelrod have spun up Obama (and the Obamabots) to help rewrite history (1984 anyone?) and foment this anger to further get government's grip on business.
It's a short leap from telling bailout companies how to run their business and then applying it to all businesses.
And don't get me started on the punitive legislation that those thugs in the House have passed. Pelosi and her posse have just shown how they are willing to punish small groups of people that do something they don't like. Well, that should be, "don't like anymore", since they voted to allow it in the first place.
This disengenious at best, foolhardy and naive at worst, attempt to rewrite their own history and claim ignorance is just one more reason that Pelosi, Reid and Obama are a bad fit for America.
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