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 years 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.
Obamas 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 peoples 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 Dodds 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, McCaskills 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 presidents current salary is $400,000 per year.
read more...
http://www.azconservative.org/Semmens1.htm
Are you sure it was satire? That sounds exactly like the way those Commies and Nazis and Fascists work. I bet he’s gonna do it. Just wait, you’ll see.
I sure didn’t think it was last night, but here’s the link to the original....
http://jumpinginpools.blogspot.com/2009/01/military-to-pledge-oath-to-obama-not.htm
I agree with you here. I was trying to make a point that not everyone is worth the same in the workplace, no matter if it is a plumber or NFL star. That is what Hussein and the dims want.
These folks are worth exactly what the market will bear .. if someone is willing to pay Jeff Spicolli $15 million per picture, more power to him.
Too bad we can't pay our congresscritters exactly what they are worth. They would be begging on street corners.
Love it, keep them coming!
Well done.
Ahhhhh, once again - Satire SO good that it is totally BELIEVBLE.
The “quotes” from democrat senators and the president are either things that they have ALREADY actually said in other slightly different contexts, or things that they WOULD say if they thought they could get away with it (in other words, things they’ll be openly saying in another year or two).
Thanks John! Another winner.
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