Absolute Power Corrupts Absolutely
"They should voluntarily return them (the bonuses). If they don't we plan to tax virtually all of it." These are the words of the man to your left, Representative Charles Schumer referring to the bonuses paid to American International Group employees. When I heard him say that, a chill ran down my spine. Keep in mind, that when the bailout money was given to AIG, they knew of these contractually obligated bonuses, agreed upon before any taxpayer money went to the ailing firm, and it was included in the agreement. Then in an abrupt about face, they pass a bill specifically targeting these bonuses taxing them at a rate of 90%. This is such a grotesque abuse of power, it defies description. This is not the kind of behavior we should expect from our elected officials.
In related news. A busload of protesters took a little tour of Connecticut and staged a protest, organized by the Connecticut Working Families Party, in front of AIG headquarters to show their displeasure at the employees taking the bonuses that they earned. Certainly their right as citizens of these United States. But what they did next was, in my opinion, over the line. They protested in front of private homes of AIG employees. This plucky band of Obamatons held up signs and read letters in front of these homes with a barrier of private security between them and the private property. The below You Tube video give us a glimpse of the type of person who would attend such a protest.
What I find interesting about this video is how the subject of mortgages shows up immediately in the coverage by CNN. What does the earned bonuses of AIG employees have to do with people failing to pay their mortgages? The last woman interviewed tells us, she would like to use the bonus money to " help the foreclosed people who don't have food in they home" That's the exact quote by the way, I'm not making fun of the woman. One activist, who is said to be an unemployed steel worker, was according to the CNN announcer is "putting his faith in President Obama". When he should be relying on himself. In a campaign speech in Colorado President Obama made the following pronouncement: "We cannot continue to rely on our military in order to achieve the national security objectives that we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well funded." Are we seeing the beginnings of that movement? Will there be more protests in front of private residences? We know that this was a favorite tactic of the group ACORN. A group at one point who was organized and trained by President Obama. All of this together is too much to be considered a coincidence. So I guess we have to ask ourselves, what is the next move? Who will be the next group to be vilified? I have been avoiding a certain word that I thought too strong to describe what is going on here. But now I have to say it, these are the tactics of fascists, which have no place in our Republic.