Now, CNN is showing a clip of Dodd saying he took part in the rewrite–but even at that, he says he wanted to keep it the way it was passed by the Senate–retroactive covering all previous contracts.

Thanks Quaker. I hope this is something which can be fixed on Mr. Willis’ side.

Dodd did amend the bill. He didn’t put the exclusion date in.

He did though. Of course he did it after the Obama Administration pressured him to change it do more companies would be willing to be bought by the government.

http://firedoglake.com/2009/03/17/treasury-attempts-to-blame-dodd-for-aig-bonuses/

So, basically, Dodd did what the administrtaion is blaming him for doing, but the administration is the one who got him to do it in the first place. I don’t remember President Obama being this blatant about throwing people under the bus.

Heck of a job Timmy.

“Dodd did amend the bill. He didn

He (Dodd) didn

Dodd did amend the bill. He didn’t put the exclusion date in.

Posturing, Jay.

I do. I’ll have to give you that one, SFC. I can’t say I’m comfortable with Congress considering a tax measure this punitive and narrowly targeted.

Yeah it’s fascinating how contract law now apparently supersedes all other law including the Bible, and must be kept inviolate and sacrosanct (for top execs of course).

Seeing as how Congress hopes to write up a law punishing people through the tax code for accepting money to which they were entitled by like Monday, it would seem there is law which trumps contract law. Of course, I doubt anyone here sees any potential for abuse in the Congress crafting ex post facto to attack unpopular people. Nope. No potential for abuse there.

Somehow they seem to be able to be made to give back stuff that was given to them…

I’m sorry, how much money has been recouped from UAW members since GM and Chrysler took a bailout? Hell, the only automaker to finish a renegotation with the UAW so far has been Ford, and they didn’t cut pay (but an agreement on benefit cuts was made).

I never thought I’d find myself in agreement with Charles “Davros” Krauthammer, but we really do need lots of brutal public executions, ASAP.

I’m really serious on this one though, if you can link to text in the bill that protects bonuses then I’m more than willing to concede this point to you.

The stimulus bill, signed by PRESIDENT BARACK OBAMA (D) contained an amendment put into the bill by SENATOR CHRIS DODD (D) that protected any bonuses worked out before February 11, 2009. As such, Obama’s rhetoric about the AG using “any legal means necessary” is a moot point. When he put his signature on that stimulus package, he signed away whatever legal means he may have had at his disposal.

So, as I’ve said before and will say again: POSTURING. Let’s add political grandstanding to the mix. Obama’s “outrage” is a bunch of bullshit. They knew about the bonuses already and knew they had no legal means with which to stop payment on them.

The One fucked up. Deal with it.

So the GM workers get their contractually guaranteed pensions back?

As if.

I say DARE the bonus babies to take their case to court. They are already a lot less popular than Bernie Madoff, but that isn’t enough for them.

Good luck on finding a sympathetic jury who think incompetence and corruption deserve a million dollar reward. For that matter, good luck on finding a friend who doesn’t make you pay extra for her time and the room, just because of who you are.

After a few plaintiffs lost and paid the court costs, and after they found themselves shunned from both polite and rude society, I don’t think we would hear from the others.

Most Open and Honest Administration EVAH!