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AIG Bonuses Renew Call for Congress to Read Bills
CBS News ^ | 25 March 2009 | Declan McCullagh

Posted on 03/27/2009 2:41:13 AM PDT by An.American.Expatriate

The fine print in the stimulus bill authorizing the AIG bonuses, which was rushed through the U.S. Congress at lightning speed, has led to a renewed call for politicians to read legislation before they vote on it.

(Excerpt) Read more at cbsnews.com ...


TOPICS: Extended News; Government
KEYWORDS: 111th; accountability; aig; bho44; congress; laws
The title would be hilarious if this wasn't so serious!
1 posted on 03/27/2009 2:41:13 AM PDT by An.American.Expatriate
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To: An.American.Expatriate
B-b-but... but if we make them read the bills, it will take so long that Congress won't be able to pass as many bills!

[Thinks]

Yeah. Make 'em read the bills TWICE.

2 posted on 03/27/2009 2:48:56 AM PDT by dayglored (Listen, strange women lying in ponds distributing swords is no basis for a system of government!)
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To: An.American.Expatriate

Some of those “bonuses” were really just their pay. They didn’t get payed otherwise.

Is there some tax reason to take all your income as a “bonus” instead of as normal compensation?

The situation is seriously screwed up.


3 posted on 03/27/2009 2:49:21 AM PDT by DB
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To: An.American.Expatriate

Can they?

Read?


4 posted on 03/27/2009 2:50:00 AM PDT by bill1952 (Power is an illusion created between those with power - and those without)
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To: DB

>Is there some tax reason to take all your income as a “bonus” instead of as normal compensation?

Oh yes. Many. Talk to a CPA.


5 posted on 03/27/2009 2:51:21 AM PDT by bill1952 (Power is an illusion created between those with power - and those without)
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To: bill1952

The only thing you could avoid is medicare tax isn’t it.

Social security is capped.


6 posted on 03/27/2009 3:00:06 AM PDT by DB
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To: dayglored

While making them read the bills before the vote would be a definate improvement ....

It would be far better if:

1. The bills introduced were comprehensible, and
2. Our legislators actually UNTERSTAND what they read!

Take for example, this excerpt from the “GIVE” Act:

SEC. 1101. PURPOSES; SENSE OF CONGRESS.

(a) Purposes- Section 2(b) (42 U.S.C. 12501(b)) is amended—

(1) in paragraph (2), by striking `community throughout’ and inserting `community and service throughout the varied and diverse communities of’;

(2) in paragraph (4), by inserting after `income,’ the following: `geographic location,’;

(3) in paragraph (6), by inserting after `existing’ the following: `national’;

(4) in paragraph (7)—

(A) by striking `programs and agencies’ and inserting `programs, agencies, and communities’; and

(B) by striking `and’ at the end;

(5) in paragraph (8), by striking the period and inserting a semicolon; and

(6) by adding at the end the following:

`(9) recognize and increase the impact of social entrepreneurs and other nonprofit community organizations in addressing national and local challenges;

`(10) increase public and private investment in nonprofit community organizations that are effectively addressing national and local challenges and to encourage such organizations to replicate and expand successful initiatives;

`(11) leverage Federal investments to increase State, local, business, and philanthropic resources to address national and local challenges;

`(12) encourage national service efforts to address pressing national challenges, such as improving education for low-income students, increasing energy conservation, and improving the health, well-being, and economic opportunities of the neediest individuals in the Nation;

`(13) expand and strengthen service-learning programs through year-round opportunities, including during the summer months, to improve the education of children and youth and to maximize the benefits of national and community service, in order to renew the ethic of civic responsibility and the spirit of community to children and youth throughout the United States;

`(14) assist in coordinating and strengthening Federal and other service opportunities, including opportunities for participation in emergency and disaster preparedness, relief, and recovery;

`(15) increase service opportunities for our Nation’s retiring professionals, including such opportunities for those retiring from the science, technical, engineering, and mathematics professions to improve the education of our Nation’s youth and keep America competitive in the global knowledge economy, and to further utilize the experience, knowledge, and skills of older Americans;

`(16) encourage the continued service of the alumni of the national service programs, including service in times of national need;

`(17) support institutions of higher education that engage students in community service activities, provide service-learning courses, and encourage or assist graduates to pursue careers in public service in the nonprofit or government sector; and

`(18) encourage members of the Baby Boom generation to partake in service opportunities.’.

Without actually geting a copy of 42 U.S.C. 12501(b) and checking each and every change - NOBODY can really say what this bill is actually allowing!

AND

Considering that these types of changes are myriad throughout the bill - it is no small effort to actually KNOW what the bill is allowing/disallowing, etc...

Add to that, that almost every bill introduced contains these type of changes, it is nigh IMPOSSIBLE to know what our representatives are planing!


7 posted on 03/27/2009 3:05:13 AM PDT by An.American.Expatriate (Here's my strategy on the War against Terrorism: We win, they lose. - with apologies to R.R.)
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To: dayglored

Better yet make them summit a report on it which is required to be posted on their website till the next election.


8 posted on 03/27/2009 3:19:08 AM PDT by Kadric
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To: Kadric
Better yet make them summit a report on it which is required to be posted on their website till the next election.
As I posted in an earlier thread:

If you want to fix that it is easy but would never pass: All bills submitted in either house of Congress must be written by the person submitting them (use of wordprocessors is permitted provided C&P is disabled). All bills submitted in either house of Congress must be read aloud in full on the floor of the respective chamber by the person submitting them. The person submitting a bill must answer any questions regarding the bill from fellow Senators or Representatives in person on the floor of the respective chamber. No staff may assist in any phase of the process.

In fact, as a cost-cutting measure, your staff is being cut. To one person.

Peet
9 posted on 03/27/2009 3:26:29 AM PDT by Peet (<- A.K.A. the Foundling)
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To: Peet
again it goes back to Clinton and Democrats.

Companies can't write off "salaries" over 1 Million , Hence Bonuses.

10 posted on 03/27/2009 3:56:34 AM PDT by scooby321
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To: An.American.Expatriate

If I recall,

someone in the House did make the request to read it...

...it wasn’t granted ...


11 posted on 03/27/2009 3:58:05 AM PDT by EBH (The world is a balance between good & evil, your next choice will tip the scale.)
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To: An.American.Expatriate

It’s not like bonus’ are something new.


12 posted on 03/27/2009 3:58:49 AM PDT by Sacajaweau
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To: An.American.Expatriate

For every law passed, 100 pages of the IRS code needs to be eliminated.


13 posted on 03/27/2009 4:00:25 AM PDT by SERKIT ("Blazing Saddles" explains it all.....)
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To: An.American.Expatriate

Actually a lot of this business of lack of knowledge about what is in the bill...could be virtually eliminated if we disallowed pork insertions.


14 posted on 03/27/2009 4:02:13 AM PDT by EBH (The world is a balance between good & evil, your next choice will tip the scale.)
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To: An.American.Expatriate

If the liar in chief had actually posted this bill online for five days before signing this and other sneaky provisions would have been exposed.


15 posted on 03/27/2009 4:11:13 AM PDT by Carley (President Obama Dropped a MOAB on America)
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To: dayglored

Yes! Read twice and submit an outline showing they know the major points!


16 posted on 03/27/2009 4:46:02 AM PDT by RebelTXRose
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To: An.American.Expatriate

We need a simple constitutional amendment: Any law based on socialism, communism, fascism or Marxism is illegal.


17 posted on 03/27/2009 4:55:02 AM PDT by sergeantdave (obuma is the anti-Lincoln, trying to re-establish slavery)
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To: An.American.Expatriate

Nazi Nancy won’t allow congress to Reid the bill. Imagine if Bush was this closed and secretive? The Establishment press corpse would be having a cow.

Pray for America and Our Troops


18 posted on 03/27/2009 5:15:15 AM PDT by bray (Join the Rebel Republican Movement!)
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To: An.American.Expatriate
If I signed a contract without reading it, I'd be adding an unnecessary amount of risk to my company... and to my career.

Is it too much to ask that our congresscritters take their jobs seriously? There should be repercussions for not following through on their fiduciary duties. For voting ‘present’ or being MIA. I guess I'm just to accustomed to accountability in my professional life...

19 posted on 03/27/2009 5:20:47 AM PDT by Made In The USA (Liberalism is a sign of stupidity.)
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To: An.American.Expatriate

At some point, one would probably think, if no one has read it, then who in the hell wrote it?


20 posted on 03/27/2009 5:32:20 AM PDT by kenth (Obama - One Big Ass Mistake, America)
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To: Carley

“If the liar in chief had actually posted this bill online for five days before signing this and other sneaky provisions would have been exposed.”

Lets face it, it was all part of the plan. If the bill had been on-line for several days the outside world would have started picking it apart. The dems and the boy-wunder wanted no part of that possible train wreck. They were fast trackin’ baby, and we are likely to see the same M.O. play out time and time again...until the crap hits the fan and his poll numbers start to go down. And the only way thats going to happen is if our dishonest media finally realize that they coronated a fraud.


21 posted on 03/27/2009 5:47:42 AM PDT by AlphaOneAlpha
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To: AlphaOneAlpha

The msm will continue to swear to O’s lies.

With Rush’s numbers up so high it would be a good time for some serious discussion about the corrupt process instituted by O and his cabal.

We must get the truth out in a calm non screeching way so the dumbasses, er, independents will learn something.


22 posted on 03/27/2009 6:00:05 AM PDT by Carley (President Obama Dropped a MOAB on America)
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To: AlphaOneAlpha
“If the liar in chief had actually posted this bill online for five days before signing this and other sneaky provisions would have been exposed.” Lets face it, it was all part of the plan.

I suspect you're right. The whole point of passing it quickly was to sneak provisions like that through. In 232 years our country has never faced a greater evil than socialism, whether as national socialism (Nazi Germany), soviet socialism (Communist Russia), and now Obama's socialism. As an internal evil, Obama is almost certain to be the worst of the three.

23 posted on 03/27/2009 7:34:29 AM PDT by TurtleUp (Turtle up: cancel optional spending until 2012, and boycott TARP/stimulus companies forever!)
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To: An.American.Expatriate

I don’t care if they don’t get bonuses. However, every member of Congress should be required to read every bill, and anyone who doesn’t should be impeached for violation of their oath of office.


24 posted on 03/27/2009 7:36:38 AM PDT by mysterio
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