I've taken a lot of shots from this board and these postings. That's one reason for the comments being censored. I want to keep this site PG-13. But over the last few months I've taken more crap than a Taco Bell toilet. Most of it centers around the fact that there isn't one remotely positive post regarding the POTUS. In response, I would like to give due credit when earned.

It took Obama several weeks to stop wavering on a decision regarding the troop levels in Afghanistan, but finally he gave in and stood up to the hardcore left and began to properly fund and devote resources at the requests of commanders in Afghanistan. In doing so, there has been an increase in covert activity that involves chasing the enemy across the border and into Pakistan. US airstrikes in Pakistan, launched from unmanned drones, are now averaging three a week, triple the number last year.

"For the past month drones have pounded the tribal region of North Waziristan in apparent retaliation for the murder of seven CIA officers in Afghanistan by a Jordanian suicide bomber working with the Pakistani Taliban," according to Times Online UK. "

"Last week America launched its first multiple drone attack, according to Pakistani security officials. Eighteen missiles were fired from eight unmanned aircraft in Dattakhel village, killing 16 people. The discovery of the dead US soldiers revealed that America’s shadowy war in Pakistan not only involves drones but also small cadres of special operations soldiers."

Even though the term is banned, I'm glad to see the War on Terror is getting what it needs for now. So to all you leftards who think I'm narrow minded and can't find anythig positive to say, stick this in your hat!  Good Job on this one, Obama!

Today the Central Committee is ordering all proletariat members to alert the great and powerful Oz of any dissention amongst the ranks regarding our glorious leader’s gift of free healthcare.

If you have had a conversation with or received e-mails from a kapitalist pig regarding our attempted takeover and outright destruction of the finest healthcare system in the world, please alert the authorities immediately.

“There is a lot of disinformation about health insurance reform out there, spanning from control of personal finances to end of life care.  These rumors often travel just below the surface via chain emails or through casual conversation.  Since we can’t keep track of all of them here at the White House, we’re asking for your help. If you get an email or see something on the web about health insurance reform that seems fishy, send it to flag@whitehouse.gov.” - Macon Phillips, Commissar of Dissention Control.

Let it be known that dissemination of facts and actual reading of the Healthcare Destruction Bill will NOT be tolerated. Such thoughts and opinions have not been approved by Central Command. Continue getting your thoughts and opinions ONLY from state approved propaganda outlets (CBS, CNN, MSNBC, DailyKok, PuffHo, etc.).

America’s mistake seems to be conveniently absent when it comes to defending those who seek freedom and Democracy. The Iranian people are taking to the streets to show the world how their government is nothing more than an oppressive Socialist Dictatorship. The sham election last week left many wondering what America will have to say about the will of the people being trampled by a corrupt, vile, and arrogant Mullah ruling party.

Barry has chosen to take the road less intelligent by not supporting either party or outcome. What a grandiose message of hope that the beacon of Democracy and freedom, The US, is sending to the world… “Screw you people, I’ve got health care reform to cram down these lemmings’ throats.”

I think I would have a heart attack if this false prophet actually supported something that required a fight or an argument. He is so massively consumed with being loved by everyone that he shies away from any decision or viewpoint that may ruffle some feathers. I will rejoice when America finally has a leader, not an infomercial icon. Billy Mays 2012!

What was our beloved king doing this week instead of supporting those who thirst for freedom and Democracy? Oh yeah, he was signing the most important legislation in US history. The bill gives the federal government the ability to regulate the production and sale of cigarettes and other tobacco products. Again, more government control over you, your lives, and your children’s future. Let’s run down what Barry has managed to grab hold of in his few months as benevolent potentate and supreme commander:

1. Controls the US banking system
2. Controls two of the largest automakers in the US
3. Ability to seize banks and companies whose collapse may damage the US economy
4. Wants control over the finest health care system in the world

Barry says "And I also know that kids today don't just start smoking for no reason. They're aggressively targeted as customers by the tobacco industry." No they are not. The are targeted by their peers! Take it from someone who has raised two teenagers. They don’t see any smoking ads on TV or anywhere else for that matter. They hear about smoking from their friends! Cocaine isn’t advertised and yet we see millions of people using that substance (including our favorite coke-addled empty suit). How can this be?

Add to that the fact that Barry smokes. So, when it comes to children and role models, I think King Hussein has done more to encourage kids to smoke than Joe Camel ever did.

Awwww. Did Barney get offended when someone dare to confront him with facts and figures than ask him to explain himself? Seems so.

Barney Frank, the illegitimate son of Judy Dench and Elmer Fudd, couldn’t quite comprehend the complexities of the knee jerk plan to limit what corporate executives are paid. Of course the host will now be reprimanded much like the poor guy who stood on the floor of the NYSE and exclaimed his frustration with a poorly planned stimulus package that NObama crammed down our throats.

In other words, this feigned outrage is being touted by Frank as a ‘shareholder rights’ bill, but is in reality a government oversight and intrusion bill. When called on that fact, Frank gets his panties in a bunch and storms off saying “…diff inavoo id oba” (this interview is over).

Does this tool understand how the whole shareholder / board of directors / executive relationship and responsibilities work? Obviously not or he and his boyfriend wouldn’t have to run an illegal male brothel out of their basement! (I’m not being mean here, he actually did run a brothel out of his home with his boytoy back in the 90’s).

Here’s something these Capitalism challenged know nothings didn’t think of… If you limit the pay of executives, how are they going to pay those high taxes your counting on for free health care? Dumbass.

Frank still needs to answer for the crimes against this country stemming from his disastrous ‘leadership’ of Fannie / Freddie. It is so well documented that I am not going to repeat the whole argument here, but he needs to answer for his gross incompetence and for setting the stage for the current economic situation.

This is getting really sad. The evidence is so ‘in your face’ when it comes to exposing how Democrats use race, religion, ethnicity, income level, and sex to try and divide this country. Without chaos, the Democrats cannot expand their radical agenda to reign in the masses and bring everyone under government control.

Case in point, the tragic shooting of a security guard at the National Holocaust Museum by a sick, twisted individual. Without facts, without proof, without knowledge, the State-run media immediately labeled this POS a “right winger.” The term was used numerous times on Obama friendly outlets such as MSNBC and CNN. Here’s a great example:

Salon.com Editor-in-Chief Joan Walsh, on Wednesday night’s “Hardball,” cited “conservatives” like Rush Limbaugh, Michelle Malkin and Bill O’Reilly for “whipping up” a climate that sparks the likes of alleged Holocaust Museum shooter James Von Brunn and “Hardball” host Chris Matthews wondered if access to guns were to blame for the tragedy as he cried, “It’s easier to get your hands on a gun than to get somebody to make you a waffle.”

Isn’t it funny that the MSM spends so much time trying to place blame on “right wingers” for this tragic event and the one last week involving the abortion doctor? They can’t just blame it on the fact that these people are psychotic, deranged, and dangerous. They seem to ignore the fact that this loon hated FOX news, Bush, the government in general, and was a 9/11 conspiracy nut.

BTW: Where was Chris Matthews when it came to in-depth coverage of how hate speech urged a Muslim to attack and kill a soldier in a military recruitment center in Alabama? Oh yeah, I forgot that to them, Jihadist’s killing Americans is acceptable and we should go to any length to understand why they hate us.

It’s been a while since the last post, and a lot has happened since then. I’ll skip the old news and get to the hot topic of the weekend. At  Saturday’s White House Correspondents Dinner in DC, America’s mistake was so enthralled with the hatred spewing from Wanda Sykes mouth that he couldn’t stop laughing. Now, I understand it’s an event that was to poke fun at people, but this low brow entertainment reached a new low when 2 jokes were told that not just angered many on the right, but drew gales of “WTF’s” from the usually morally bereft media in attendance. I thought the agenda for a ‘roast’ type situation was to make jokes at the expense of the honoree? Not in this case. Sykes just stroked Obama’s already bulging ego and chose to mock those not in attendance.

It’s “Insensitive and Uninformed Night at The Apollo.”

Joke number 1: "I think Rush Limbaugh was the 20th hijacker, but he was so strung out on Oxycontin he missed his flight." Really. How about phrasing the joke to say "I think Hussein Obama was the 20th hijacker, but he was so strung out on cocaine he missed his flight." After all, Barry is an admitted coke-head. Wouldn’t that have been more in line with the expected ‘roast’ type format of the evening? Joke number 2: “ I hope his kidney’s fail”. First of all, this Lefty got her facts wrong… par for the course for libtards that have to skew the facts and quote out of context so that it fits their demented view of the world. Rush said that he hopes his policies fail. Any person that actually listened to or read the transcript would know that to be the fact. But I guess these liberals were too busy burning the dissenting written word than actually reading it. The sad thing is to see America’s mistake chuckling like a buffoon in the background. Keep laughing you one term pariah. I guess the text message from George Soros telling him to feign indifference didn’t make it in time.

How about a joke where you wish Ted Kennedy gets a brain tumor? Ha! Look at me! I can be a tolerant and unifying liberal, too. I’ll just sit back and wait for my invitation to the next White House Correspondents Dinner to arrive in the mail.

Once again… welcome to life in Obama’s Amerika. Dissention will NOT be tolerated and a painful death will be wished upon you if you dare question the wisdom of the Chosen One. BTW: This screeching shrew is the spokes-thing for Applebee’s. Take a minute and tell them how you feel about this insensitive and intolerant hate monger as their voice:

http://www.applebees.com/GuestContact.aspx

I’ve had a few posts on this board referencing the terrible job that Janet Napolitano has done not just as governor, but as the tragic head of the DHS. A person that has absolutely no qualifications to be running the security of this country somehow got selected to do the most important job in this country. She was a complete and miserable failure securing the borders of Arizona, and now this dangerous pariah has completed her list of blunders that makes her expulsion from any type of responsible job a necessity.

Crappy-Nappy must go!

First came the despicable report put out by her office that stated the biggest threat to America’s security was right wing extremists! Not a mumble or peep about terrorists, but plenty of bellowing about how veterans, religious people, and gun owners are the biggest threat to America. Shim was quick to backtrack when several groups complained about the generalizations and stereotyping that was rampant in this document. Isn’t it interesting that we can’t stop young middle eastern men who act suspicious in airports because that would be stereotyping, yet the Obama administration can put out a document that is gratuitously laden with generalities and stereotypes? But that’s good old liberal hypocrisy for ya. By the way there Crappy-Nappy, the biggest threat to this country is not conservative beliefs, it’s rampant and unfettered liberalism! After that she went to Canada in an effort to impress our northerly neighbors with her vast knowledge of history and America’s security. This included an historical account of 9/11 where she blames Canada for letting the hijackers into this country. WHAT?!?!? I thought they came directly from overseas… Yet the person in charge of our security is convinced that the terrorists came from Canada? How can this be?

The final straw has to be this disaster of a photo-op that featured Air Force One (a replica) and military fighter jets flying low over New York City. How was Crappy-Nappy involved? Well, as head of DHS, her office would have been responsible for giving the OK to fly these aircraft outside of traditional flight lanes and at low altitudes. It would have to have been coordinated with the military, FAA, and other agencies to ensure it went over smoothly. Instead, it went over like a fart in a diving helmet. You see, Nappy forgot to inform the most important group of all… The people of New York. Of course to liberals, 9/11 was our fault and therefore should be erased from our collective consciousness. But for those of us that live in reality, the memories of that day are still fresh… especially in the minds of New Yorkers! So, after not alerting anyone in New York, a 747 flew low over Manhattan tailed by 2 fighter planes. How could anyone mistake this for what it really was… a photo-op for America’s mistake? Panic ensued. People scrambled from buildings and streets remembering all too well that Tuesday morning almost 8 years ago. It seems that there are a lot of people who are quick to erase these memories and brush them aside. How despicable. HOLD ON – CNN and MSNBC are on the ball! They’re doing a story on this disaster right n… oh wait… it’s a story on what the new white house dog eats! I’m glued to my set!

But wait, there’s more! Now Crappy-Nappy has decided that this whole swine flu thing is nothing to worry about and we shouldn’t dare think of restricting anything coming or going to Mexico. "Right now we don't think the facts warrant more active testing or screening of passengers coming in from Mexico." The next day, the CDC issued a warning to all Americans to avoid travel to Mexico. Has it occurred to this seat warmer that Mexico is the breeding ground for this strain? Way to protect America, Nappy! Fire Napolitano Join the voices asking for the firing of this unqualified and dangerous person (Napolitano, not Obama this time). Click HERE to find out more.

America’s mistake continued his whirlwind ‘Blame America’ tour by attending the Conference of the America’s last week. I haven’t seen a political bitch-slapping like that since Reagan / Gorbachev in Geneva and again in Iceland. There are similarities, only this time it’s our president that got PWNED!

Let’s compare the two meetings and see how one made us proud to be Americans, the other made us shameful to be Americans.

Photos from back when America had a President that was unapologetically proud of his country.

When Reagan met Gorbachev, he knew that he had to make a slam dunk appearance. He needed to show the world that he was in charge and that the Soviets, and Gorby, were his puppets. Reagan arrived early and once inside ordered his entourage to remove their heavy overcoats. Gorbachev arrived in his plain black commie car, exited, and looked like a grumpy, old, out of touch relic. He looked unhappy and was all bundled up in his black winter coat and hat. He waddled toward the building when all of a sudden WHAM! Here comes Reagan bursting out the door with an ear to ear grin wearing only his suit. He ran over to Gorby, grabbed his hand and shook it firmly, and in a final push to drive home the ‘I own you’ point, Reagan starts leading him into the building and pointing out various things. Now, Reagan probably had no idea what those things were or what the rooms were in the building, but images are everything. It was clear Gorby was coming to Reagan’s ‘house’. I felt bad for Gorby, he looked like a lost child on his first day of school. The two became wonderful friends. It was a friendship built on respect. Even though Regan was a master at appearances, I think he still had a great deal of respect for Gorbachev. Those two leaders brought an end to the Cold War and Gorbachev ushered in the rebuilding of Russia and her partner states. That's where respect and leadership get you… toward results.

Now lets skip ahead twenty-some years and take a look at how to embarrass your country and make it’s citizens feel weak and insecure. America’s mistake made it clear that he was the novice, inexperienced, and naive representative at the table. He was treated like political chum to the masses of America hating dictators that paraded him around for endless photo ops that will be used for propaganda to quell the masses into thinking their leader is going to tell America what to do… And they’re right! Obama was given a book by Chavez called “Open Veins of Latin America: Five Centuries of the Pillage of a Continent”. I’m sure this America bashing best seller was already in the Obama library, as it was probably required reading in Rev. Wright’s church. The sad and pathetic thing is that thousands of mindless libtards went online to order their own copy! Are they trying to complete the Obama Book Club “Blame America” series? Unbelievable. Is it too much to ask that our President doesn’t go all weak-kneed over the gifts bestowed upon him by 3rd world dictators… And his mindless followers tow right along!

Obama playing Hugo’s best friend. Take the book, Barry… Take it ALL. Note the trendy “Hey, I’m a 21st century leader” handshake.

I think another blogger got it right on the head:

What Hugo Chavez reads or recommends is his business. What President Obama reads is his business, also. But when an America-hating dictator uses a naive politician to advance his destructive agenda and in so doing elevates obscure, leftist political propaganda to the top of Amazon.com....that is the business of the American people. And we are paying rapt attention. Here's the kicker. Make no assumptions about where I'm coming from. I've been a Democrat my entire life and I'm appalled by President Obama's lack of awareness.

Wow – well said!

Once again I have to say that if this weren’t happening in this country, it would be laughable. But, once again, it is America’s mistake that is single handedly giving comfort and aid to our enemies. This week, the Traitor in Chief released documents outlining CIA interrogation practices including such vile things as sleep deprivation, water boarding, and OMG… wanting to place insects in a cell with a suspect that was afraid of insects! OH the horror! High school hazing’s have worse techniques than this.

I guess America’s mistake hasn’t had enough of his “American Apology” tour and decided to make a final insulting push by releasing these documents.

Has this moronic, un-American charlatan completely lost his mind? Did it ever occur to these mental midgets to look and see how many attacks and plans had been thwarted by using these techniques? NO. All they can think of is how they can further humiliate and embarrass this country by pounding the “America Sucks'” drum hoping enough mindless lemming democrats will buy into their America hating diatribe. Personally, if it meant averting another 9/11, I would endorse removing their testicles with pliers if it got them to spill the beans! Not this pussy president.

FROM Dailymail The president spoke as former Vice President Dick Cheney insisted America has 'nothing to apologize for' and demanded he release evidence that torture - waterboarding in particular - was successful. 'Since the U.S. provides most leadership in the world,  I don't think we have much to apologize for,' said Cheney. His comments follow Obama's pledge of support yesterday to CIA chief Leon Panetta to make public the classified information on the widely-condemned waterboarding 'One of the things that I find a little bit disturbing about this recent disclosure is they put out the legal memos, the memos that the CIA got from the Office of Legal Counsel, but they didn't put out the memos that showed the success of the effort,' Cheney told Fox News last night.

'I haven't talked about it, but I know specifically of reports that I read, that I saw, that lay out what we learned through the interrogation process and what the consequences were for the country.

I don't think we have much to apologize for – Well said. Of course this was all done to appease the hardcore lefties that are still whining about prosecuting Bush and company for these heinous crimes. Obama, in his usual ‘take no position’ position, said that he was just an innocent bystander in this decision and that the Attorney General will decide the next steps, but he had no feelings one way or the other. Well, Obama, here’s a position millions of real Americans are starting to take… You are a one term pariah on this country. Shame on you for hampering the efforts put forth by our fine men and women in the CIA by informing our enemies what our tactics and techniques are.

Wow! What a  day yesterday. Here in Phoenix there were over 5,000 people. You couldn’t get close to the speaking area if you got there after 4pm. I’ve been reading the reports and numbers and there were easily over 1 million people that took to the streets in their communities and towns to protest the rampant and irresponsible spending of this dangerous Administration.

If you were foolish enough to watch the Communist News Network (CNN), you saw a display of elitist douche bags that snickered at their tea bag joke like a bunch of third graders. What these overeducated doofi (plural of ‘doofus’) didn’t realize was that the term ‘tea’ is actually an acronym for Taxed Enough Already. Now, I’ve had to explain to several uninformed acquaintances who tried to bring up the argument that Obama just gave us a generous $8 to $14 per week tax break, so how could we be feeling taxed enough? Well, what they don’t realize is that the only reason people are getting that piddly amount is because of a change in the withholding rate, not a change in the tax rate. What does this mean? It means that at the end of the year, you will still owe the same amount of taxes, but since the government is withholding less, you might end up owing at the end of the year instead of getting a bit of a refund. Then add to that the painfully obvious admission that in order to pay back America’s mistake’s $9 Trillion budget, there are going to have to be severe adjustments in taxes, whether they be income, sales, or other. But even then, that wasn’t the gist of the gathering. We were there to oppose higher taxes, big bailouts, rampant earmarks, and explosive government growth. They would have known that had they actually taken the time to ask, rather than just knee-jerk a reaction that this is just another ‘Right Wing gathering’.

Rep. Gravyskin

Not everyone enjoyed the TEA Parties, though. Representative Jan Schakowsky from Illinois (go figure) had some scathing words for those that dare to question the great and powerful Oz! "The ‘tea parties’ being held today by groups of right-wing activists, and fueled by FOX News Channel, are an effort to mislead the public about the Obama economic plan that cuts taxes for 95 percent of Americans and creates 3.5 million jobs," Schakowsky said in a statement. "It’s despicable that right-wing Republicans would attempt to cheapen a significant, honorable moment of American history with a shameful political stunt," she added. "Not a single American household or business will be taxed at a higher rate this year. Made to look like a grassroots uprising, this is an Obama bashing party promoted by corporate interests, as well as Republican lobbyists and politicians.”

This TEA Party was not organized or authorized by anyone other than the responsible people of this country who are sick and tired of know-it-alls like Jackoffsky bankrupting our children’s future! I didn’t receive any special email from Rush Limbaugh or Sean Hannity. I didn’t get a phone call from Newt Gingrich or some fortune 500 company exec explaining where I had to be and why. It just so happens that these 5,000 plus people in Phoenix did it because they wanted to! I know that's a foreign concept to these moronic representatives from Illinois that people protest without receiving a check from ACORN, but they need to pull their heads out of their collective asses and get on board with what the majority of people in this country want… Responsible spending! Hopefully in 2010 the voters of Illinois will have enough sense to dump this loser.

BTW: Did you see in the picture above that she is a member of the ‘Intelligence’ Committee? What an oxymoron! I think she’s had too many facelifts… If they pull that skin up any more, she’ll have a goatee!

Let me remind this loony lefty about something she obviously has no expertise in… The constitution.

Amendment 1 - Freedom of Religion, Press, Expression. Ratified 12/15/1791. Note

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

Who cares if this thing had been orchestrated by Limbaugh or Newt? The fact is we have a right to peaceably assemble, and to petition the Government for a redress of grievances. I’m sure she feels differently about the marches and protests organized by Cindy Sheehan, ACORN, or Al Sharpton. By the way Gravyskin, you can get a free copy of the constitution at The Heritage Foundation.

I have not heard any reports of groups trying to disrupt the activities, which is great! Now we can sit back and wait for the next big chance to send government our message of true hope and change… July 4th! See ya then!

Join other PROUD Americans as we voice our outrage over Obama’s unending spend, spend, spend mantra. We need to let these Socialists know that you cannot tax your way to posterity. The bleeding of money for wasteful and useless programs needs to stop. The best way to do that is voice your support by saying enough is enough. Visit Freedom Worksfor all the local area information regarding Tea Parties in your neck of the woods.

Just watch out for the hired ACORN thugs that are hell bent on video taping and photographing anything that can be taken out of context and thrown around the MSM as ‘hate speech'. BTW: ACORN is a big recipient of the ‘stimulus package’ money. Aren’t you glad your tax dollars are being wasted on an attempt to disorganize events that are trying to bring awareness to government giving money to A-HOLES like ACORN?

What's up with the Obama administration and their pathetic attempts at giving foreign dignitaries gifts that turn out to be duds?

America's mistake poses with a "...typical white person"

Remember Hillary Clinton and her famous "Overcharged" button she gave Russian Foreign Minister Sergei Lavrov at their meeting in Geneva? Wow, thanks Hillary. What an embarrassing gaffe. Now Obama makes the list for giving the Queen of England an iPod featuring... OBAMA! What a narcissist. It's like when someone gives you a Christmas gift and it's a framed 8x10 picture of... them! Plus, the Queen already has an iPod. And I'll bet dollars to donuts that she has no idea how to use it. She's in her 70's for God's sake! How many 70 year olds can use an iPod? My parents can barely use the garage door opener and TV remote, let alone a device with a touch sensitive wheel and a 3" screen. Why didn't the Messiah give her a gift she could use, like season 4 of Matlock or a Luby's gift card? Less than a hundred days in and it's evident that the Obama administration gives worse gifts than the Unabomber! Thank you, thank you! I'm here all week. Try the veal!

WASHINGTON — The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said.

The new rules will cover all financial institutions, including those not now covered by any pay rules because they are not receiving federal bailout money. Officials say the rules could also be applied more broadly to publicly traded companies, which already report about some executive pay practices to the Securities and Exchange Commission.

During the presidential campaign, Mr. Obama repeatedly urged regulators to adopt new rules to give shareholders a greater voice in setting executive pay for all public companies.

This should scare the heck out of every business owner and investor. The government wants to tell companies the minimum they can pay, and now the maximum they can pay! I believe its part 3 of a 4 part conspiracy:

1) Government can determine a minimum wage for workers. This has been in effect for years. Phase 1 complete.

2) This is the real conspiracy. Obama and his frat buddy Geithner knew all along these huge AIG bonuses would be going out (that is a fact, not the conspiracy). The conspiracy is that they wanted it to happen in order to fuel the most beloved of all liberal strategies... class envy. Just listen to the feigned outrage in NObama's voice as he is shocked and outraged that some people get huge bonuses. Of course the brainless masses get their pitchforks and torches and line up right behind him.

3) Now, to make the illusion of caring come full circle, congress knee-jerks a bill through that taxes this group of individuals at a 90% tax rate, even though its unconstitutional! Add to the the fact that Obama wants to set limits on executive pay at large companies all in the name of fairness. Publicly traded companies that have NO affiliation or financial obligation to the government (other than taxes) may have limits imposed on what they can pay.

4) If this latest round of Koolaid is consumed by the masses, the government will have a lock on the minimum and maximum that employers can pay. The next step is to now narrow that gap. Its the full circle of Obama's campaign promise to redistribute the wealth.

A full time minimum wager earns about $16,640. Lets say the government sets the upper limit to $400k. Now, in the name of fairness, it can be adjusted so that annual minimum wage is more like $35k and the upper will be shrunk to $300k. Then, since there are far more lower end underachievers than upper end payers, they will have no problem shrinking it even more... say $55k to $200K.

Let me point out one thing about how completely out of touch this administration is when it comes to free market tendencies: "adopt new rules to give shareholders a greater voice in setting executive pay for all public companies"... You don't need government rules, dummy! Shareholders voice their outrage by NOT INVESTING IN THAT COMPANY! If they decide to give bloated bonuses that cuts profit and dividends, investors walk... stock goes down, company loses money.

I keep reading on other boards that people want to give Obama a year and then lets rate how he is doing as President. To be honest, I don't think we can wait a year!

I think we pretty much agree AIG shouldn't have given the lavish bonuses and we may disagree on whether or not they should give all or none back, etc. BUT - The troubling thing to me is this 'Feined Outrage' bill that just passed yesterday. It places a specific tax on bonus money paid out by companies that were given bailout funds.

Hear me out. "The bill would impose a 90 percent tax on bonuses given to employees with family incomes above $250,000 at American International Group and other companies that have received at least $5 billion in government bailout money. It would apply to any such bonuses issued since Dec. 31.". My beef is the following:

1) What about the poor family that has one member making $50k from a bailout recipient company and gets a measely $20k bonus. Lets say their spouse makes $200k. Under this scenario, they would have to pay a 90% tax on the $20k. What if they used that money to pay off credit cards or pay off a car loan? They no longer have that cash in hand. If they can't pay that money to the IRS ahead of time, when they file they will show a substantial lopsidedness in what they owe. When you owe over a certain amount in taxes, there are additional penalties and fees that quickly grow the amount of what you owe. So, the family above could end up owing $23k to the government next tax year instead of $18k.

Add to this the fact that the government now thinks its OK to selectively tax a group or individual. Which brings me to...

2) This whole thing will never see the light of day. It is unconstitutional. Bills of Attainder and retroactive laws (laws passed Ex Post Facto) are ILLEGAL. Add to this the contract clause (the bonuses were paid under a contract) and the whole payback thing falls apart... Plus there are MANY AIG recipients that work outside the US and do not pay or file US taxes.

You've probably heard the sound bites splattered all over the MSM about Obama taking the lead and proclaiming "There's been a lot of finger-pointing and blaming here and there; Well, I'll take the responsibility - I am the President!". But if you listen to the WHOLE statement, you'll find he's more than happy to take the responsibility... but insists he's not responsible.  

Sounds like the Obama / Dodd love affair is over...

From Breitbart:
Topic No. 1 raised by Republicans during the House debate was the last-minute altering of a provision in President Barack Obama's $787 billion stimulus law to cap executive compensation for firms receiving government bailouts.

The measure might have forestalled payment of the AIG bonuses.

But Senate Banking Committee Chairman Chris Dodd, a Connecticut Democrat and the author of the provision, says the administration insisted that he modify his proposal so that it would only apply to payments agreed to in the future.

That, critics claim, cleared the way for the AIG pay-outs.

"The idea came from the administration," Dodd said Thursday

You can read more about it here