How would you feel about agreeing to a contract, having Congress approve that contract, and then having Democrats like Barney Frank demand that your name be given to the government and made public after receiving the bonus?
That's not accurate. They were not guaranteed by the stimulus bill, they were left alone by the stimulus bill. The stimulus bill had no effect on the bonuses. barfo
Incorrect. They were a retroactive protection against TARP money bonuses. I suggest you educate yourself before commenting further on this.
I wouldn't be happy about that . . . and probably more likely to give my bonus back because I was just made a villan by the gov't. Is it right, under that senario, it doesn't sound right . . . but I still don't think they deserved the bonuses and am glad gov't is trying to get it back. It really sickens me that in this time period, some people feel the entitlement to six figure bonuses when the private business they helped run into the ground needs financial bailout from taxpayers.
Sorry, but you are wrong. The bill excluded the bonuses from the effect of the bill. It leaves the bonuses unchanged. It does not add any new protection for the bonuses, nor does it prevent later legislation from addressing the bonuses. barfo
I think it's probably pointless to argue with you about this, since you don't seem to be able to grasp the difference between protection and exclusion. One last time though: the bill did not protect the bonuses. It simply did not change them. The stimulus bill had the exact same effect on the bonuses as the Iraq War authorization bill, the civil rights act, or any other bill you might want to mention. None whatsoever. barfo
The administration and Dodd both admit that the bonuses are protected unless legislation is enacted to specifically target the recpients of the bonuses. That's why there were hearings, and that's why there is a bill to tax these bonuses. You don't seem to be able to grasp the basic fundamentals of our system of government, PRODUCER.
Well of course they are. The gummint can't just take your money without passing a law enabling it. The point is, the bonuses were protected in exactly the same way before the stimulus bill. The stimulus bill didn't change the status of the bonuses at all. Right, because the prior legislation didn't do that. I think producer is spelled in lower case. Check below my avatar. barfo
There's money to be made as a PRODUCER? I was not informed of this on the hidden board where we mock PapaG and other posters who disagree with us.
That's why we sent you out to bring in the goats. So we didn't have to share the booty, the ill-gotten booty. barfo
Why send the only guy with common sense out to tend to the goats? Or is he tending to the G.O.A.T., Ed O.? Because that does make sense.