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DC PARTY POOPERS SCARE CLUBS (Lurch Law forbids TARP recipients from entertaining clients, staff)
NY Post ^ | March 9, 2009 | Dick Johnson

Posted on 03/09/2009 11:21:10 AM PDT by presidio9

NEW York's party planners aren't dancing over legislation Sen. John Kerry is trying to push through Congress.

Last week, the Massachusetts lawmaker introduced the TARP Taxpayer Protection & Corporate Responsibility Act, which would prevent all 421 institutions that received federal bailout money from "hosting, sponsoring, or paying for conferences, holiday parties and entertainment events."

Kerry introduced the bill after learning the Northern Trust Corp. of Chicago, a profitable bank that received $1.6 billion in government cash, had sponsored a golf tournament in Los Angeles with special outings for clients featuring performances by Earth, Wind and Fire and Sheryl Crow.

But small business owners who help produce such events say Kerry's rules could have an unintended deadly impact. Noah Tepperberg, owner of Manhattan nightclub Marquee, told Page Six's Neel Shah, "Conferences, holiday parties and entertainment events are often business drivers and can be important factors in helping drive bottom-line profits. I think it's absurd that the government stereotypes all such activities."

Matt Levine, owner of The Eldridge on the Lower East Side, agrees. "Just because John Kerry didn't get into the White House, and probably wouldn't get into The Eldridge either, he should really be focusing on creating more jobs, not taking them away."

"At the end of the day,

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


TOPICS: Business/Economy; Extended News; News/Current Events; Politics/Elections
KEYWORDS: johnfingkerry

1 posted on 03/09/2009 11:21:10 AM PDT by presidio9
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To: presidio9

As long as Lurch is going this far, there should be a stipulation that companies receiving TARP funds are forbidden to make donations to ANY politician


2 posted on 03/09/2009 11:24:28 AM PDT by Born Conservative (Bohicaville: http://bohicaville.wordpress.com/)
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To: presidio9

But Zero can keep partying.


3 posted on 03/09/2009 11:24:28 AM PDT by RushIsMyTeddyBear (Obama dozed.....people froze.)
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To: presidio9

Oddly, this article is posted next to a photo essay “Worst celebrity butts”. All one has to do is look at the esteemed Senator’s face....

And seriously from the article:

“For every $100,000 that’s spent on an event, $90,000 of that goes to human power. This backlash of ‘don’t do events’ is going to hurt a lot of working-class people.”

Ah the democrats - remember Howard Dean saying that the only black people in a room with Republicans would be the bus boys? The dems certainly have contempt for the working class.


4 posted on 03/09/2009 11:32:04 AM PDT by keepitreal (Obama brings change: an international crisis (terrorism) within 6 months)
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To: RushIsMyTeddyBear

Las Vegas is going down the drain and businesses will be afraid to book junkets. Clarke ct. is the power base of
Harry Reid and the SEIU has a big power base there.
How ironic!


5 posted on 03/09/2009 11:33:04 AM PDT by Dr. Ursus
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To: presidio9
BUTT the Royal members of the Royal 100 Club can keep charging “We The People” over $8 million dollars each for their Royal living and Royal offices and their local offices and transportation all over the world. Which they fly in private jets owned by “We The People”.

Is it not a bunch of crap when someone who supported the enemies of the American People and in my humble opinion committed _______ would try to close down the hotels and restaurants so he can get more people without jobs and buy more votes?

6 posted on 03/09/2009 11:43:27 AM PDT by YOUGOTIT (I will always be a Soldier)
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To: keepitreal
Oddly, this article is posted next to a photo essay “Worst celebrity butts”. All one has to do is look at the esteemed Senator’s face....

Without ever having actually seen John Kerry's butt, I am still willing to bet that it is better looking than his face.

7 posted on 03/09/2009 11:43:46 AM PDT by presidio9 (Islam Is As Islam Does)
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To: YOUGOTIT

The problem with all of these people who make the rules is that none of them have ever earned an honest buck in their lives. John Kerry, of course, is an especially poor choice to write this sort of bill, because he was born into wealth and privledge and then married up. It’s quite obvious that he has no grasp of how essential customer entertainment (or even customer relations) may be to some businesses. This is the obvious result of a lifetime of ass-kissing (others kissing John’s, not vice-versa).


8 posted on 03/09/2009 11:50:14 AM PDT by presidio9 (Islam Is As Islam Does)
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To: presidio9

The framers screwed up when they didn’t explicitly require congress to live by the laws they make.


9 posted on 03/09/2009 2:32:44 PM PDT by TASMANIANRED (TAZ:Untamed, Unpredictable, Uninhibited.)
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