Thursday, March 19, 2009

Bailout Money

Anyone else out there think this was wrong in the first place? Now they are going to regulate and void out contracts. Can we say UNCONSTITUTIONAL! It is unconstitutional on so many levels. First off our Government NEVER should have bailed out these companies, but they did. Second, in the stimulus package (that none of them read because it was rushed through so fast) it states that ALL contracts made before February 2009 are valid. Which means they should be upheld. And so AIG did just that and upheld contracts made between them and their employees. Now there is an uproar about the $165 million.

Excuse me but am I missing something. Now the Government has the power to null and void contracts or tax up to 90% bonuses that they see as unfit? WHAT!!??!! This raises the questions, are any contracts safe now from the Government? Are they now able to dissolve contracts because they don't agree with how the money was used or they don't agree with the contract itself?

Forget about the $$Billions$$ that went overseas to other banks from AIG and $$Billions$$ that went to banks here in America. Yeah, you got that right. Billions. But they are just focusing on the $165 million bonus given to employees in honer of a contract. Forget the billions lets just get pissed over the millions. Sounds to me like they are trying to focus our attention from the big picture. Yet they have shown us one thing that should scare you: They have control over this company now and any other that accepted the bailouts. They have control and if they don't like how it is spent well they will just tax the hell out of you. Why should this scare you?? Because my friends that is Socialism. Plain and simple...Socialism.

As Glenn Beck puts it, "They are giving you cigarettes."