ACORN
The people that received bonuses from AIG did have employment contracts and bonuses were included in the contract. For myself, try as I might, I never received a bonus from any organization for which I worked. I came close, but never got one, they always went to those higher in the organization than I. In all cases, the company had to do well to pay out a bonus. In the industries in which I worked it is hard to imagine that a bonus would be inserted in a hiring contract. If there was one, I was not aware of it.
At AIG the culture there had bonuses in their contracts. As long as the person fulfilled their part of the contract the bonus is paid. Because the company was failing it was provided with bailout money, taxpayers money. Bonuses now paid seem to be coming from taxpayers money. This enraged Barney Frank and he demanded to know the names and addresses of the people that received the bonuses. Why is it the business of the Congress of the US Government who received bonuses? True, they are looking out for our money, but they should be dealing with the president of the company. Barney demanded that the money be given back and wanted to know names. Was he going to personally ask each individual to give the money back?
What happened is that an affiliate of ACORN went to the homes of the people and demonstrated. This is dangerous stuff. How did they get the names and addresses of the people? In other words, an arm of the Democrat party put pressure on citizens of this country.
During the French Revolution that is exactly what happened when the "Seigneurial" system was being dismantled. Gangs went to the homes of the seigneur and forced him to give up his rights, sometimes burning his house and barns. Seigneurs throughout France faced angry mobs and sometimes it got very ugly. Is this what we want in this country? Are we not better than this? The founders of our country were extremely wary of governmental powers and set up a system to keep the government from harassing its citizens. Is that system now working the way it should?
posted by Marcel at
12:52 PM
4 Comments:
It depends on whom you ask. If you ask the founders. No. If you ask most any elected politician of either party. Yes. If you ask today's average American voter. Yes.
Voters don’t care if the government harasses it’s citizens as long as the government does not harass THEM. They are exactly like immature 4th graders. They want ice cream. They vote for whom ever promises them ice cream no matter who has to be harassed to give it to them. The AIG fiasco is another good example of why politicians are incapable of managing our health care system fairly and efficiently. They are IDIOTS. That's my opinion.
By
John Beauregard, at 3:52 PM
You are right, it is truly unacceptible for anyone to go to someone's house and harass them, no matter what the reason. I don't agree with the AIG bonuses, but that doesn't mean the recipients should be harassed at their HOMES... Outrageous... It's just like all those nasty threatening e-mails to the CEO and the other management. I can't believe some people sometimes... THOSE are the idiots of which Uncle John speaks, not necessarily the government.
By
Sean M., at 6:50 PM
Sean, I think your outrage is misplaced. Our President promised during his campaign to protect our tax dollars. Then he approved of this bail out plan that allowed for the bonuses. In fact, it was his friend, Chris Dodd, who wrote the legislation that allowed for these bonuses. We should be outraged at a government that is so irresponsible with our money and one step further is brazen enough to pretend to be shocked and appalled. They just don't want the average person who doesn't live and breathe politics to see that they screwed up. That's shameful. Outrageous!
Tracy
By
Anonymous, at 12:08 PM
You go girl. Thanks for setting Sean straight.
By
patb, at 12:44 PM
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