{"id":1708,"date":"2009-03-19T13:15:19","date_gmt":"2009-03-19T17:15:19","guid":{"rendered":"http:\/\/www.jasetaro.com\/blog\/?p=1708"},"modified":"2009-03-19T13:44:13","modified_gmt":"2009-03-19T17:44:13","slug":"congressman-mccotter-slams-stimulus-yes-voters-for-protecting-aig-executive-bonuses","status":"publish","type":"post","link":"https:\/\/www.jasetaro.com\/blog\/2009\/03\/19\/congressman-mccotter-slams-stimulus-yes-voters-for-protecting-aig-executive-bonuses\/","title":{"rendered":"Congressman McCotter Slams Stimulus &#8220;Yes&#8221; Voters for Protecting AIG Executive Bonuses"},"content":{"rendered":"<p>I&#8217;m about ready to make Rep. Thaddeus McCotter of Michigan my adopted Congressman:<\/p>\n<p><object width=\"425\" height=\"344\" data=\"http:\/\/www.youtube.com\/v\/gTVTgxLo0V8&amp;hl=en&amp;fs=1\" type=\"application\/x-shockwave-flash\"><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"src\" value=\"http:\/\/www.youtube.com\/v\/gTVTgxLo0V8&amp;hl=en&amp;fs=1\" \/><param name=\"allowfullscreen\" value=\"true\" \/><\/object><\/p>\n<blockquote>\n<div>&#8220;Facts are hard things  to disprove.\u00a0 Every single Democrat in this House that voted for that bill voted  to approve and protect those AIG bonuses.\u00a0 Every single Democrat in the Senate  that voted for that stimulus bill, along with three Republican senators, voted  to approve and protect those AIG bonuses.\u00a0 The President of the United States  signed into law the protection and the approval of those AIG bonuses that they  find so repugnant, now that the American people know what was  done.&#8221;<\/div>\n<div><\/div>\n<div>&#8220;If you are shocked, be  shocked at the own members of your party or Administration that put (the  amendment protecting bonuses) in, and be shocked that we will now pass a Bill of  Attainder that is unconstitutional\u00a0to try to cover our, shall we say, &#8220;tracks,&#8221;  on this matter.&#8221;<\/div>\n<\/blockquote>\n<div>And there you have it, Congress and the Obama Administration rushed the stimulus bill through without any of the normal committee markups and debate&#8230; And now they&#8217;re compounding one bit of legislative malpractice with another even more <a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2009\/03\/19\/AR2009031901542.html?hpid=topnews\" target=\"_blank\">egregious one<\/a>.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;m about ready to make Rep. Thaddeus McCotter of Michigan my adopted Congressman: &#8220;Facts are hard things to disprove.\u00a0 Every single Democrat in this House that voted for that bill voted to approve and protect those AIG bonuses.\u00a0 Every single Democrat in the Senate that voted for that stimulus bill, along with three Republican senators, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[26,7],"tags":[128,521,160],"class_list":{"0":"post-1708","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy","7":"category-politics","8":"tag-aig","9":"tag-bonuses","10":"tag-congress","11":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pfpI7-ry","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1695,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/03\/17\/the-hits-keep-coming-chris-dodd-was-for-aig-bonuses-before-we-was-against-them\/","url_meta":{"origin":1708,"position":0},"title":"The Hits Keep Coming: Chris Dodd Was For AIG Bonuses Before He Was Against Them","author":"Jeff","date":"March 17, 2009","format":false,"excerpt":"From Fox Business (emphasis mine): Senator Chris Dodd (D-Conn.) on Monday night floated the idea of taxing American International Group (AIG: 0.9194, 0.1393, 17.86%) bonus recipients so the government could recoup some or all of the $450 million the company is paying to employees in its financial products unit. Within\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1775,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/03\/23\/unintended-consequences-aig-bonus-tax-could-have-painful-side-effects\/","url_meta":{"origin":1708,"position":1},"title":"Unintended Consequences: AIG Bonus Tax Could Have Painful Side Effects","author":"Jeff","date":"March 23, 2009","format":false,"excerpt":"Haste makes waste my grandmother used to say... When it comes to legislation haste often leads to unintended consequences. Take for example congresses rush to pass a 90 percent tax on the retention bonuses paid to executives at AIG (emphasis mine): Lawmakers bellowed with outrage last week following revelations that\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1730,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/03\/20\/the-last-grownup-john-kyl-puts-the-breaks-on-rush-to-tax-aig-bonuses\/","url_meta":{"origin":1708,"position":2},"title":"The last Grownup: John Kyl Puts the Breaks on Rush to Tax AIG Bonuses","author":"Jeff","date":"March 20, 2009","format":false,"excerpt":"We got into this mess because Congress and the administration rushed through the Stimulus bill without sufficient time for legislators to review and debate the bill. Now Congress is trying to compound one set of mistakes with another by rushing through a bill to tax the retention bonuses paid to\u2026","rel":"","context":"In &quot;Politics&quot;","block_context":{"text":"Politics","link":"https:\/\/www.jasetaro.com\/blog\/category\/politics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1700,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/03\/19\/chris-dodd-was-against-aigs-bonuses-before-he-was-for-them\/","url_meta":{"origin":1708,"position":3},"title":"Chris Dodd Was Against AIG&#8217;s Bonuses Before He Was For Them???","author":"Jeff","date":"March 19, 2009","format":false,"excerpt":"It's getting so you can't follow the twist and turns in the AIG retantion bonus kerfufle without a map... It now looks like Chris Dodd was against the bonuses before he was for them but now he's against them: For a while, the disappearance of an executive bonus restriction from\u2026","rel":"","context":"In &quot;Politics&quot;","block_context":{"text":"Politics","link":"https:\/\/www.jasetaro.com\/blog\/category\/politics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1811,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/03\/26\/let-the-exodus-begin\/","url_meta":{"origin":1708,"position":4},"title":"Let the Exodus Begin&#8230;","author":"Jeff","date":"March 26, 2009","format":false,"excerpt":"Jake DeSantis may have been the most public buts he's not the only one at AIG Finacial Products who's cleaning out his desk: NEW YORK (Reuters) - Several more employees are leaving the controversial financial products unit that brought American International Group Inc to its knees last year, according to\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1766,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/03\/22\/ap-dodds-stock-with-voters-began-dropping-before-aig\/","url_meta":{"origin":1708,"position":5},"title":"AP: Dodd&#8217;s Stock With Voters Began Dropping Before AIG","author":"Jeff","date":"March 22, 2009","format":false,"excerpt":"As a Connecticut resident I've been hearing the rumblings about Chris Dodd for a while now but they're finally starting to come into national focus: HARTFORD, Conn. \u2013 Howard Rosenblatt voted for U.S. Sen. Christopher Dodd five years ago. He won't do that again. \"It's time for Chris to resign,\"\u2026","rel":"","context":"In &quot;Politics&quot;","block_context":{"text":"Politics","link":"https:\/\/www.jasetaro.com\/blog\/category\/politics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts\/1708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/comments?post=1708"}],"version-history":[{"count":0,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts\/1708\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/media?parent=1708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/categories?post=1708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/tags?post=1708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}