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Frank: Retention Bonuses Are Extortion
http://www.cbsnews.com/blogs/2009/03/22/politics/politicalhotsheet/entry4882484.shtml ^

Posted on 03/22/2009 1:42:24 PM PDT by kcvl

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To: kcvl

Frank is a pain in the ass.


41 posted on 03/22/2009 2:45:42 PM PDT by maggief
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To: lady lawyer
What is wrong with the voters in Massachusetts?

Up here further north we call it Massholechusetts. Does this answer your question?

42 posted on 03/22/2009 2:45:53 PM PDT by sirchtruth (Gravity Of The Situation...)
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To: cripplecreek

Retention bonus are not extortion. When a company is in trouble and the are afraid that good employees will leave for other jobs because they will be offered a new job at a more stable company at the same or better pay (some times less in trade for the stability)they make an offer to the employee. If you stay for X period of time we will pay you your salary + Y (this can be done in increments). If the employee stays for the agree upon time they are paid the “bonus.” It’s a payment for risk. In Frank’s view the employees have to be forced to stay in their positions even if they want to leave. In his view apparently involuntary servitude is allowed. There is nothing the employee can be offered to stay longer and they also apparently can’t leave. You can tell he’s never been in the private sector. Well, except for the short time when his boyfriend was running the “escort service” out of Frank’s home. I’ll bet his boyfriend provided “escorts” for Barney’s friends and people who were lobbying him too.


43 posted on 03/22/2009 2:47:06 PM PDT by airedale ( XZ)
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To: kcvl

Leave it to liberal idiots not to know the difference between “extortion” and “incentive.”


44 posted on 03/22/2009 2:48:37 PM PDT by Future Snake Eater ("Get out of the boat and walk on the water with us!”--Sen. Joe Biden)
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To: kcvl

A real miracle would be seeing his fat, perverted posterior leveraged out of his seat!


45 posted on 03/22/2009 3:14:22 PM PDT by philman_36 (Pride breakfasted with plenty, dined with poverty, and supped with infamy. Benjamin Franklin)
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To: kcvl

Don’t he have some bugs to chase?


46 posted on 03/22/2009 3:15:16 PM PDT by Uncle Meat
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To: kcvl

Extortion is what Frank does to us through taxation. Then he uses the money to buy votes for himself.


47 posted on 03/22/2009 3:17:25 PM PDT by popdonnelly (The biggest crimes in history were committed by governments. You've been warned.)
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To: cripplecreek

Ha! Is it extortion when the Treasury Department and the Congress okays it? I’m just wondering, because the Democrat members of Congress never do anything wrong, supposedly.


48 posted on 03/22/2009 3:18:31 PM PDT by popdonnelly (The biggest crimes in history were committed by governments. You've been warned.)
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To: exit82
No one is upset that...
Could you define "No one", 'cause I know a bunch of people who are livid about the things you mentioned...as well as some thing you didn't mention.
49 posted on 03/22/2009 3:21:19 PM PDT by philman_36 (Pride breakfasted with plenty, dined with poverty, and supped with infamy. Benjamin Franklin)
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To: kcvl

Barney Frank:
Individual extortion - bad.
Organized extortion - good.

And he’s supposed to be the “brightest” Democrat in congress...


50 posted on 03/22/2009 3:30:31 PM PDT by DB
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To: kcvl
“I know some of my Republican colleagues believe in creationism in which the world started 4,004 years ago. But I don’t think any of them want us to believe that it started on January 20, 2009,” Frank joked, arguing that the initial loans to AIG (totaling more than $173 billion) came from the Bush administration “without any Congressional input.”

what a smarmy asshat.

hey bahney, how goes the nambla pimp trade? reporting all the 'income' and any uncompensated 'benefits'?

i think his home needs to be camped by a busload of irate people demanding he pay back their losses

51 posted on 03/22/2009 4:05:26 PM PDT by sten
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To: lady lawyer

“What is wrong with the voters in Mass.?” They support the Kennedy Clan as well as Bawney. Obvious answer: Voters in Mass. are largely morons due to inbreeding.


52 posted on 03/22/2009 4:16:02 PM PDT by pankot
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To: philman_36

It seems other than us here at FR and a relatively small percentage of the population, “no one” in general is upset at these things.

What makes it worse, is that the GOP has hole so wide in Obama’s armor that it could drive a fleet of trucks through, and other than Shelby and one or two others...silence.


53 posted on 03/22/2009 4:40:02 PM PDT by exit82 (The Obama Cabinet: There was more brainpower on Gilligan's Island.)
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To: kcvl; informavoracious; larose; RJR_fan; Prospero; Conservative Vermont Vet; ...
+

Freep-mail me to get on or off my pro-life and Catholic List:

Add me / Remove me

Please ping me to note-worthy Pro-Life or Catholic threads, or other threads of interest.

Obama Says A Baby Is A Punishment

Obama: “If they make a mistake, I don’t want them punished with a baby.”

54 posted on 03/22/2009 4:41:18 PM PDT by narses (http://www.theobamadisaster.com/)
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To: kcvl
Retention Bonuses Are Extortion

I just finished my taxes today. The IRS Code is extortion.

55 posted on 03/22/2009 4:45:23 PM PDT by Ditto
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To: cripplecreek

No Bawny...what you’re advocating IS extortion...that’s what putting a gun to a man’s head and relieving him of contractually derived earnings. My grand ancestors fought a war because of a king or two who could’nt keep their hands off of their subjects earnings. Sorry you regret signing the contract. As a taxpayer, I regret you signed the contract. But be grateful... contract law, if followed, will spare you from the king’s fate.


56 posted on 03/22/2009 7:20:17 PM PDT by mo
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To: exit82
That's par for the course and to be expected. Since so many folks get their news from the MSM you can't expect too much.
IMO the GOP is biding its time as the PTB figure the next election is still too far off.
Many will have forgotten what happened in another year.
57 posted on 03/23/2009 2:24:29 PM PDT by philman_36 (Pride breakfasted with plenty, dined with poverty, and supped with infamy. Benjamin Franklin)
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