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Your tax dollars at work - 3/15/2009 6:01:59 AM   
rulemylife


Posts: 14614
Joined: 8/23/2004
Status: offline 		As if AIG had not already bitch-slapped the taxpayers enough already:


• Insurance giant AIG to pay $165 million in bonuses

WASHINGTON – American International Group is giving its executives tens of millions of dollars in new bonuses even though it received a taxpayer bailout of more than $170 billion dollars.

AIG is paying out the executive bonuses to meet a Sunday deadline, but the troubled insurance giant has agreed to administration requests to restrain future payments.

The Treasury Department determined that the government did not have the legal authority to block the current payments by the company. AIG declared earlier this month that it had suffered a loss of $61.7 billion for the fourth quarter of last year, the largest corporate loss in history.
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RE: Your tax dollars at work - 3/15/2009 6:23:39 AM   
kittinSol


Posts: 16926
Status: offline 		Fucking scandalous  .


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RE: Your tax dollars at work - 3/15/2009 6:32:36 AM   
Lorr47


Posts: 862
Joined: 3/13/2007
Status: offline 		The only thing most liberals and conservatives agree on is that AIG is a black hole from which the taxpayers will not get anything back in the long run.  AIG will be hated even more as taxpayers realize that nothing will be paid back so the thieves are getting the money now before the extent of the theft is realized.

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RE: Your tax dollars at work - 3/15/2009 6:40:04 AM   
Lucylastic


Posts: 40310
Status: offline 		It stinks with a capital PEWWWWW
I read that they were contractually required to pay these bonus's, what???? they are in the hole for how many billions but they deserve these bonus's  and legally? it reeeeeeeks


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RE: Your tax dollars at work - 3/15/2009 6:42:04 AM   
thishereboi


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quote:

ORIGINAL: kittinSol

Fucking scandalous  .



Yea, I was sitting here thinking about a response and you said it best. and it's depressing too. Guess I better go to the park.



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RE: Your tax dollars at work - 3/15/2009 7:24:06 AM   
Vendaval


Posts: 10297
Joined: 1/15/2005
Status: offline 		No surprises there.

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RE: Your tax dollars at work - 3/15/2009 8:38:47 AM   
MasterG2kTR


Posts: 6677
Joined: 8/7/2004
From: Wisconsin
Status: offline

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RE: Your tax dollars at work - 3/15/2009 8:42:43 AM   
DarkSteven


Posts: 28072
Joined: 5/2/2008
Status: offline 		Ah, all you young whippersnappers... I remember a day when salaries were to be counted upon and bonuses were not.  And bonuses were tied to the company's performance.

/Dodders off.../


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RE: Your tax dollars at work - 3/15/2009 8:56:31 AM   
Lordandmaster


Posts: 10943
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RE: Your tax dollars at work - 3/15/2009 9:00:22 AM   
UncleNasty


Posts: 1108
Joined: 3/20/2004
Status: offline 		To know how our tax dollars really work I suggest a read of "The Grace Commission." Commissioned shortly after Ronnie took office for his first term, and completed/published in 1984. What interesting findings from that era, and how it helps to put the current "crisis" into a perspective that gets no coverage by the MSM.


http://www.uhuh.com/taxstuff/gracecom.htm

Uncle Nasty

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RE: Your tax dollars at work - 3/15/2009 9:41:55 AM   
Termyn8or


Posts: 18681
Joined: 11/12/2005
Status: offline 		FR

Now to avoid trouble with the CM staff I am going to try to keep this in mild tones, as if for example I was talking to my aged Mother who has had a quadruple bypass, or a priest or something.

CHILDREN WAKE THEW FUCK UP ! This is how business is done in this dump we used to call a fucking country.  They can swim with the sharks and we can't, I maybe could if I got the chance but I would never treat any of these motherfuckers like a friend, because in that world there are no true friends. These mutherfuckers are scumbags through and through, and I would like to line them up somewhere and shoot them all and teach motherfuckers how to use a gun, that is you start with the fucking kneecaps.

I would like to take about a million of us down there and do just that, and as they beg for a less painful death extract the names of all the fucking dirtbags they bought in the government to be able to pull this off and really make a gulag or torture chamber look like a fucking amusement park. As stated in the movie Pulp Fiction I would get "...some hard hittin N***s to go to work with a blow torch and a pair of pliers".

The theives would die in about a day, those who give them our fucking money would experience Armegeddon, where "Men shall seek death but not find it".

New words to an old song "People, people who fuck over people, shall be the unluckiest people in the world". You think I'm kidding just because when I get the occasional pest in the house I would rather open a screen and just get it out rather than kill it. When it comes to people I am different. Suffice it to say, those who sold out and commited treason as far as I am concerned giving away our fucking money, just remember their weeks of torture must leave them alive for their fire, when they are burned alive at the stake, and no strangling allowed. I would even bring my own locks and chains which are unbreakable, I am talking like tow chains here. Violation of trust is worse than rape or murder in my eyes and a bug has more of my respect than those who would do that.

I can't be much more specific than that, except to say that intravenous injections of adrenalin would be involved so that they don't pass out from the pain and miis any of their "end times".

And the scary part is, I'll actually take the job !

Now if you want the unabridged version you'll just have to get me on the other side. (don't bother).

T

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RE: Your tax dollars at work - 3/15/2009 9:44:04 AM   
DarkSteven


Posts: 28072
Joined: 5/2/2008
Status: offline
quote:

ORIGINAL: Termyn8or

Now to avoid trouble with the CM staff I am going to try to keep this in mild tones, as if for example I was talking to my aged Mother who has had a quadruple bypass, or a priest or something.


Glad you did and kept it dull.  Else your response might have contained some emotion in it.


_____________________________

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The small-breasted ones want larger breasts. The large-breasted ones want smaller ones. The straight-haired ones curl their hair, and the curly-haired ones straighten theirs...

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RE: Your tax dollars at work - 3/15/2009 9:49:25 AM   
Termyn8or


Posts: 18681
Joined: 11/12/2005
Status: offline 		Yeah, but now I await a deluge of Cmail from people wanting more specifics on just how those blow torches and pliers would be used.

T

(in reply to DarkSteven)
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RE: Your tax dollars at work - 3/15/2009 9:52:31 AM   
StrangerThan


Posts: 1515
Joined: 4/25/2008
Status: offline 		Sign me up.

I used to live in North Carolina. A talk show host, who is more of Constitutionalist than left or right, began doing just that on a state level. He started organizing busloads of people to rally outside the state capitol. The response became... amazing, so did the results. The once speaker of the house in the NC senate is now serving time. A plan to give children of illegal immigrants free or at least partially free state college educations evaporated.

Here in Tennessee, when the state legislature decided to enact a state income tax, something like 40,000 people arrived to protest. A couple of those daunting leadership types had to be carted out for anxiety attacks.

The income tax debate didn't last long. We still don't have one.

Government does what it does mostly because we don't get involved. We may care, but not to the extent we put ourselves out or extend any real effort. Hell, 90 percent of people can't take time out of their day to make a damned phone call, much less actually protest anything unless they can do it sitting on their ass in the comfort of their easy chair.



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RE: Your tax dollars at work - 3/15/2009 4:16:23 PM   
Vendaval


Posts: 10297
Joined: 1/15/2005
Status: offline 		I'm shocked at the lack of profanity.  Such restrained understatement. 


quote:

ORIGINAL: DarkSteven

quote:

ORIGINAL: Termyn8or

Now to avoid trouble with the CM staff I am going to try to keep this in mild tones, as if for example I was talking to my aged Mother who has had a quadruple bypass, or a priest or something.


Glad you did and kept it dull.  Else your response might have contained some emotion in it.



_____________________________

"Beware, the woods at night, beware the lunar light.
So in this gray haze we'll be meating again, and on that
great day, I will tease you all the same."
"WOLF MOON", OCTOBER RUST, TYPE O NEGATIVE


http://KinkMeet.co.uk

(in reply to DarkSteven)
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RE: Your tax dollars at work - 3/15/2009 6:43:04 PM   
OrionTheWolf


Posts: 7803
Joined: 10/11/2006
Status: offline 		Yeah the execs have contracts for these bonuses, and since they did not go bankrupt, they are still bound by those contracts. I want to know how these execs even keep their jobs since the performance of the company was so poor. If I were someone in the government, I would want to know why these execs are still working there. There is the problem of replacing them, but I am sure a junior exec or two would like a chance to try and turn things around and make a name for themselves.

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RE: Your tax dollars at work - 3/15/2009 7:47:06 PM   
Lordandmaster


Posts: 10943
Joined: 6/22/2004
Status: offline 		I don't think people in this thread are saying that there should be no income taxes.  We're saying it's outrageous that companies being bailed out with our tax dollars should be paying bonuses to their executives.

quote:

ORIGINAL: StrangerThan

Here in Tennessee, when the state legislature decided to enact a state income tax, something like 40,000 people arrived to protest. A couple of those daunting leadership types had to be carted out for anxiety attacks.

The income tax debate didn't last long. We still don't have one.

(in reply to StrangerThan)
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RE: Your tax dollars at work - 3/15/2009 8:48:22 PM   
StrangerThan


Posts: 1515
Joined: 4/25/2008
Status: offline 		It really wasn't about income taxes.

It was about what can and does happen when people take an active role rather than do things like... sit and bitch on message boards.

Termyn8or mentioned wanting to take a million or so people to Washington.

Like I said, sign me up.

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RE: Your tax dollars at work - 3/15/2009 8:51:28 PM   
rexrgisformidoni


Posts: 578
Joined: 9/20/2008
Status: offline 		Sign me up too. I'll gladly march on DC to make people listen. 

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RE: Your tax dollars at work - 3/15/2009 9:01:07 PM   
BKSir


Posts: 4037
Joined: 4/8/2008
From: Salt Lake City, UT
Status: offline
quote:

ORIGINAL: DarkSteven

Ah, all you young whippersnappers... I remember a day when salaries were to be counted upon and bonuses were not.  And bonuses were tied to the company's performance.

/Dodders off.../



No shit.  Back in my day, if you were managing something that badly, your 'contractual bonus' was a swift boot to the ass, in the direction of the nearest door, and told "And don't come back!"


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