Hope and Change Obama Style

[dude1394]

I've heard of cashing in AFTER leaving office...but never before taking it. Good gig if you can get it. Chicago politics baby.

As he empathized with recession-weary Americans, President Obama arranged in the days just before he took office to secure a $500,000 advance for a children's book project, a disclosure report shows.

Maybe Pelosi will pass a 90% tax on book bonuses for federal employees?

[Mavdog]

Originally Posted by dude1394

I've heard of cashing in AFTER leaving office...but never before taking it. Good gig if you can get it. Chicago politics baby.

Maybe Pelosi will pass a 90% tax on book bonuses for federal employees?

what does this have to do with "chicago politics", and why would you be against anyone writing a children's book and getting paid for it?

were you equally troubled and against laura bush and her daughter writing a children's book and getting paid for that too?

[dude1394]

Originally Posted by Mavdog

what does this have to do with "chicago politics", and why would you be against anyone writing a children's book and getting paid for it?

were you equally troubled and against laura bush and her daughter writing a children's book and getting paid for that too?

When he does this give me a call.

When the children's book is published HarperCollins will donate $1 million worth of children's books to schools and public libraries.

The authors' net proceeds and a portion of the publisher's proceeds will go to two national non-profit teacher training and support organizations, Teach for America and the New Teacher Project.

[dude1394]

Maybe theOne and Dodd should have a 90% tax levied on this:

So let me get this straight. AIG supports Senator Obama so he can run for President by paying over $100 grand. Then President Obama gets into office and he and Senator Dodd (who also got paid over $100 grand by AIG) fork over billions of dollars of OUR money to AIG, who then pays out million dollar bonuses to their top people (73 in all). See how easy it is to get rich if you are connected to politicians in DC?

[Mavdog]

Originally Posted by dude1394

Maybe theOne and Dodd should have a 90% tax levied on this:

where to start...

first, nobody was "paid...by AIG", any campaign contributions were made by individuals who may have been employed by AIG.

second, there were campaign contributions by AIG employees to a very diverse group of candidates, inc obama, clinton, mccain, romney, huckabee, and even ron paul.

third, the whole direction of the article is flat out wrong, the "billions of dollars of OUR money to AIG" was done by the BUSH ADMINISTRATION!

jeez, if you're going to be bitching about the AIG money at least be truthful about the facts.

[Mavdog]

Originally Posted by dude1394

When he does this give me a call.

again, you didn't answer the questions: how is a children's book an example of "chicago politics", and why do you express outrage that a) the publisher is paying the writer and b) the writer is authoring a book?

edit:the bush's childrens book "net proceeds" went to two charities, but both laura and her daughter have been paid for other multi-million $ book deals, one for laura's memoirs.

seems you are just against anything obama all the time regardless.

if he rescued a kid who was about to be hit by a car you would express outrage that he screwed with the driver's right to drive their car....

[Mavdog]

Originally Posted by Mavdog

again, you didn't answer the questions: how is a children's book an example of "chicago politics", and why do you express outrage that a) the publisher is paying the writer and b) the writer is authoring a book?

still waiting for the answer........

[dude1394]

From Cato...It's probably only unconstitutional...but what does that matter when the ends are justified.

The House has passed a measure imposing a special punitive tax of 90% on certain employee compensation in response to the AIG scandal. As others have noted, this raises serious constitutional issues. Article I, Section 9, Clause 3 says simply and directly: “No Bill of Attainder or ex post facto Law shall be passed.” The congressional bill being considered in response to the AIG bonuses seems to violate both those prohibitions at least in spirit.

The Constitution’s Framers apparently considered (page 154) this clause to be very important in guarding against legislative tyranny, and James Madison noted in Federalist 44:

“Bills of attainder, ex post facto laws, and laws impairing the obligation of contracts, are contrary to the first principles of the social compact, and to every principle of sound legislation.”

Aside from the dangers to liberty from overzealous members of Congress, there are issues of priorities here. While Congress has been busy with this particular inquisition, the Federal Reserve is moving ahead with a new plan to shower the economy with a massive $1.2 trillion cash infusion–an amount 7,200 times greater than the $165 million of AIG retention bonuses.

So members of Congress shoud be grabbing their pitchforks and heading down to the Fed building, not lynching AIG financial managers, most of whom were not the ones behind the company’s failures.

[Mavdog]

Originally Posted by Mavdog

still waiting for the answer........

wow, it's taking a long time for you to answer these simple questions.

[dude1394]

Originally Posted by Mavdog

again, you didn't answer the questions: how is a children's book an example of "chicago politics", and why do you express outrage that a) the publisher is paying the writer and b) the writer is authoring a book?

edit:the bush's childrens book "net proceeds" went to two charities, but both laura and her daughter have been paid for other multi-million $ book deals, one for laura's memoirs.

seems you are just against anything obama all the time regardless.

if he rescued a kid who was about to be hit by a car you would express outrage that he screwed with the driver's right to drive their car....

Just for you.. Chicago Politics was just a toss-out line...of course there are no politics involved in this affair....Just tackiness.