And what was with the "Obama wants to take veterans health care away" fiasco?
Who thought that would go over?
Posted by TIKI AL at March 18, 2009 07:52 PMI just want to say - welcome back, Steve!!
God, I love your posts!
Steve, bills of attainder are unConstitutional. I rejected the notion during the Schiavo Unpleasantness and I reject it now.
BTW, calling for Geithner's resignation is an act of mercy, not partisanship.
And the fact that Treasury is in such disarray is all the evidence one needs of Obama's intention to destroy the economy so as to pave the way for outright Socialism. Obama says we're facing another depression, but doesn't care enough to get his Treasury Department up and running.
Maybe he can discuss it with goddamned Jay Leno.
Posted by Toby Petzold at March 18, 2009 08:23 PMheckuva job, geithner...
Posted by Turkana at March 18, 2009 08:24 PM""The Service Employees International Union, considered the most influential union in the nation, has notified the union that represents about 220 of its national field staff and organizers that 75 of them are being laid off. In return, the workers’ union, which goes by the somewhat postmodern name of the Union of Union Representatives, has filed unfair labor practices charges against SEIU with the National Labor Relations Board. The staff union’s leaders say that SEIU is engaging in the same kind of practices that some businesses use — laying off workers without proper notice, contracting out work to temp firms, banning union activities and reclassifying workers to reduce union numbers.
“It’s completely hypocritical,” said staff union President Malcolm Harris. “This is the union that’s been at the forefront of progressive issues, around ensuring that working people and working families are taken care of, but when it comes to the people that work for SEIU, they haven’t set the same standards.” Wash Post
...
SEIU’s national office has been contracting out more and more work to a staffing agency, Harris said, including advocacy for card check. To his union, it looks as though SEIU is trying to phase it out of existence. “I would want to give them the benefit of the doubt, but the direction they seem to be moving in is union-busting,” Harris said."
Amazing...a union "union busting", sure, we need more of this. I found this statement most profound...
"Harris said his union's understanding is that the layoffs are the result of budget troubles faced by the SEIU, which, on top of the California dispute, spent $80 million during the 2008 election and is planning to spend tens of millions more to advocate on behalf of Obama's health-care plan and card check."
So the union members that gave their all for the cause of getting Obama elected get the resulting loss of employment. Because the union squandered their dues for political purposes, people lost their jobs!!! Yeah, that makes sense...lets have more of this. Bonuses anyone????
I remember some German general at Nuremberg reasoning; I was just following orders... Is that what Sen. Dodd was doing? Not making the decision his electorate sent him there to make. Not being an adult and make the right decision for America. It was weak then and moreso now.
I sure hope Leno isn't too tough on our president Thursday night. I wonder where they'll hide the prompter?
Posted by peter at March 18, 2009 10:23 PMof course you know German's well like most pukes, shit for brains pete....you criminal cultists are all nazi's at heart, eh petie?
Posted by headxray at March 18, 2009 10:35 PMof course you know German history well like most pukes, shit for brains pete....you criminal are all nazi's at heart, eh petie?
Posted by headxray at March 18, 2009 10:37 PMOh, a double post, I wonder what that indicates? I'm sure it's the superior mind, what else is there for name callers.
Posted by peter at March 19, 2009 04:30 AMWell, it now appears the "bonus" contracts were some sort of pure "rentention" contracts that paid absurd amounts of money far beyond any reasonable "worth" any group of employees could possibly confer, independent of performance.
No reasonable competent management would have entered into such deals, unless they were paralyzed with fear. AIG created a Frankenswaps monster and couldn't control it, basically.
The better course would have been to tell these oh-so-valuable employees that their "retention" contracts have been effectively cancelled because the company was bankrupt and the contracts couldn't possibly be intended to require that taxpayer bailout money would be used to fund them.
Don't like it, Mr. AIG Swaps Man? Then sue AIG, and see what a judge and an appellate court (after 6 plus years of litigation) say.
But we didn't want to do this, apparently because AIG told the US Treasury that these swaps guys were utterly and totally essential for the continued operation of their black hole money shovelling and global economy prop-up.
This looks like a mistake, but the stakes were so high (Too Big to Fail of course) that Treasury wasn't willing to risk telling the AIG Swaps Boys to stuff it and save the world economy (which they destroyed) without the massive "retention" payout. Could these finance turds look any worse? What moral swine.
Posted by euzoius at March 19, 2009 06:19 AMHere's my take, oozo.
Retention
Definition:
1. keeping or holding of something: (information of where the bodies are buried)
2. memory: the ability to remember things (or not)
3. physiology holding in of waste: the holding in the body of waste that is normally excreted (the peeps that got the bribes are full of shit?)