Good One.
Posted on 01/30/2009 11:01:17 PM PST by John Semmens
Inspired by anger over billions of dollars in bonuses handed out to Wall Street bankers for the last year’s largely dismal performance, President Obama declared that “now is not the time for these businesses to make a profit.”
In an unprecedented expansion of the concept of the president as the US “commander-in-chief,” Obama insisted that “in this time of economic crisis, my administration will make war on profiteering. As long as one person is without a job, those who are fortunate enough to be employed must not be allowed to take bonuses. As long as one business is in bankruptcy, those businesses enjoying a profit must sacrifice to spread the wealth around. We are all in this together. All must contribute to the good of the collective whole. As president, it is my job to see to it that all equitably share in the bounty produced by our economy.”
Obama’s position received support in congress. Senator Chris Dodd (D-Conn) demanded that the government “seize the bonus payments and excess profits of Wall Street” and add the money to the “stimulus” package now under debate in the senate. “These greedy profiteers must not be allowed to make decisions that are rightfully the prerogative of the people’s elected representatives,” Dodd argued. “This is the mandate for change voters demanded when they opted for the Democrats in November.”
Senator Claire McCaskill (D-Missouri) seconded Dodd’s remarks and introduced a bill that would cap the salaries that could be paid to anyone in America to no more than that made by the US President. “President is the most important job in the world,” she asserted. “No one should be more highly compensated than he is.”
To “avoid subterfuges,” McCaskill’s bill targets “total compensation.” “There will be no skirting the law by funneling pay into bonuses, capital gains, profit-sharing, or any of the other clever dodges used by corporations to elude taxes,” she vowed. “Income from any and all sources, for any and all persons will be capped at the amount we pay the president. It is the height of arrogance for anyone to expect more.”
The president’s current salary is $400,000 per year.
read more...
http://www.azconservative.org/Semmens1.htm
ping
BTTT
This is from the Onion right?
Never mind......hahaha
Sadly no, with Bambi, reality is worse than the parody.
OK, the quotes are real, but the editorial commentary along with it is satire.. it is so close to reality, it is hard to tell the difference any more..
Johnny boy, you are getting better and better by the day. Keep it up. Love the federal concentration camp “report’.
I’ve said it before,and I’ll say it again.
“Let the Games begin!”
Well, thats mighty white of him.
You will be assimilated. Resistance is futile.
You have been deleted
Executive Order 10289?
Ha, saw it before the ping. The titles get me every time ;)
Well done as always.
“in this time of economic crisis, my administration will make war on profiteering. As long as one person is without a job, those who are fortunate enough to be employed must not be allowed to take bonuses. As long as one business is in bankruptcy, those businesses enjoying a profit must sacrifice to spread the wealth around. We are all in this together. All must contribute to the good of the collective whole. As president, it is my job to see to it that all equitably share in the bounty produced by our economy.” (Barack Obama ???)
We heard by way of radio with our ouwn ears Mr. Obama say that now is not the time for bonuses and profits, but we did not hear the longer quote as I have placed above. Is it a real quote?
I already wrote to my representatives about what I actually heard on the radio, which was bad enough. But I am prepared no to write again to all of them if the longer quote is actual and accurate.
Please confirm or deny the longer quote. Thanks.
The gall!!! Only wall street executives shold have the right to decide how billions of tax payers dollars should be distributed in bonus checks.
By the way did I mention that union workers make too much and that Engineers don’t deserve their inflated salaries and should be replaced by H1-B visa employees?
His Own Words Prove Obama is a Commie. His aim is to destroy America’s free-enterprise capitalist system. If he succeeds, freedom will be dead in America and we will be the same as other sociaist nations like Britain, France, Germany and Canada. We cannot let that happen.
Satire is 18 billions dollars in bonuses paid for by tax dollars.
Isn’t that why people are in business? To earn profits? To make their lives better. To be able to pay more taxes in order to support those who don’t?
Even though Caligula hasn’t said this, it isn’t because he probably hasn’t thought it. He likely feels it is too soon to actually say this. Caligula wants to decide who can make a profit and when and how much.
Check out HR45 and S. 247 and H.R. 520.
They are despicable.
Par excellence!
Sadly you’re only one step ahead of the socialists with your satire.
I was literally starting to feel nauseous until I realized it was a satire.
They’re not just despicable, they are economically illiterate and if I were Larry Summers or Christine Romer I would resign and make a public statement explaining that I wasn’t responsible for this socialist dogma.
If ever there was a time for businesses to make profits, that time is NOW.
Well, that certainly motivates me to work harder. /s
But hey, look on the bright side. Maybe now that we have been taken over by commie/socialists, we can get the border wall.
Your satire usually makes me smile. Not so this time. Just too darn close. No Kobe beef for you comrade.
They would have the guard towers looking the wrong way.
I’m not so sure that’s going to remain satire for too long. But a good one regardless.
Inspired by anger over billions of dollars in bonuses handed out to Wall Street bankers for the last year’s largely dismal performance, President Obama declared that “now is not the time for these businesses to make a profit.”
Great idea. I think he should next attack Tom Cruise and other Hollywood for making obscene profits will not contributing anything of value to the common good of the people. Then on to baseball players that are getting muti-million dollar contracts to play games. Surely this is not right in Obamas socialist world.
I know this is satire, but lets take a look at all the NFL, NBA, and MLB players. How many of those would be willing to play for $400K per year?
How about the leftwing nuts in holly weird? I’m surprised that Hussein isn’t axing for a payraise to match their salaries, rather than axing for them to take less.
100% tax on income over 400k per year?
Yeah, I can see it.
And I know this is satirical, but with the current moonbats running DC, the line between satire and reality gets very cloudy :<(
It’s not getting me this time! lol.
Isn’t that the truth.
Good One.
What are you? some kind of racist? ;>)
I wish the Drive by Media would bother to ask a question before the Great HEADLINES.. Is the company Bonus CONTRACTUALLY Required. The answer would be ... YES... so there’s NO EFFING STORY. Except that it PROVES we have a BOLSHEVIK in the WHITEHOUSE...
GOD HELP US ALL!!
This would be funny if it wasn’t what 0 really thinks.
Thanks for the early morning chuckle John.
Humor, Satire specifically along with some hardball, earnest grassroots efforts on the part of true Conservative activism IMO are tools we must use in our efforts to expose the Socialist, Commie direction of the current crowd whom have lied and cheated their way into the leadership positions within our Government.
Daily they expose themselves with radical dictum reflecting the idealogical basis from which their perspective eminates.
You are doing an impressive job of capturing, and enhancing their idiotological perspectives and statements, thus exposing their idiocy with your satirical commentary.
Thanks for your efforts.
Thanks for the ping. I’d have probably missed it otherwise.
You can demonize them like Obama would, but the executives did perform well the first 3 quarters. The fact that the Democrat caused financial disaster occurred in the last quarter still does not cancel out the outstanding performance these executives achieved in the first 3 when there were Zero tax dollars involved. And if you actually check, you will see that there were no bonuses handed out to anyone for the 4th quarter of this year.
But go ahead, behave like a Democrat if you like and blame Free Enterprise and the fine working system they have developed over the last 80 years, for one very bad quarter of performance.
Of course there will be no bonuses coming in the future. Since the Government took control of the market.
The trick, John, in every one of your excellent satires is to figure out who actually did say say something outrageous. Dems regularly say very nutty things, so determining fact from fiction isn’t easy.
I saw an article on FR late last night that Obama wants the military to stop taking an oath to uphold the Constitution and start taking one to him (White House).
And much of that last quarter's bad performance hinged on the notion Obama had a chance to win this thing. People were probably yanking their money out of the stock market and stuffing it under their mattresses as Mobutu's poll numbers kept rising.
All the while, the media portrayed this 'Bush-caused economic disaster' as an impetus to drive Mr. Mobutu into the White House. The picture had to be painted dark enough for a majority to vote for "change". Think about this for a moment.
"It's going to get worse, before it gets better." (Mobutu's words, not mine).
Imagine belonging to a party where only bad news prompts people to vote for you. You'll not hear of Shining Cities on a Hill. What you will hear about are Tarnished Urban Centers in a Ditch. Over and over. Layoffs, firings, downsizings, bankruptcies, etc. will be used to 'create' the 'crisis' needed by this administration to empower it's plan (Chavez-ian socialization) to utilize this 'opportunity', as dreamt by Rham Emanuel.
Never underestimate the power of negativity when the media is running their generators at full speed.
Ceasar Chavez Mobutu Obama is the antithesis of what's needed in this country. Our schools suck (federally and state funded). Nearly half the people don't pay taxes (federal) and continue to enjoy the right to vote. This sucks.
Many states can't balance their budgets. These states also have significant illegal immigrant populations due to the lack of a wall to the south, with Mexico. This sucks.
The list of things eroding this country will not be addressed by this adminstration. They'll simply make matters worse by neglect and in some cases, supporting wrong causes. We, the working class must keep our eyes on what's really going on versus what 'they' tell us. 'They', if not exaggerators, are liars.
Everyone, man your posts.
Profit is the earnings of risk.
Depending on the government to bail you out as a risk reduction measure means a) you really didn't take a risk, so there shouldn't be any profit, and b) they get to tell you what to do, because you just took money from them.
If market capitalism depends on socialized risk and privatized profit, it's nothing but fascism.
Yeah. That's a lot of cash to pay in bonuses. But perhaps, it was 'earned'. Next, you'll take Obama to task for throwing one trillion dollars around to folks who haven't earned it, but may have supported his candidacy.
Slavery ended years ago, however, with this much cash, President Mobutu is assured of a plantation loyalty the likes of which any cotton-grower could only dream of. "F*ck the Freedom Train, I'm gettin' on the Gravy Train."
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