Oh you poor, poor, innocent supporter...

I know how much you desperately want Obama to be YOUR president.

Like all other middle-class people you too are desperately hoping and deluding yourself that Obama will come back to support you after he has dealt with Autos, banks, etc.

You are desperately hoping against hope he is THE MAN for US and that you can expect him to shake down the mighty banks to loosen their funds...

Iam so sorry my friend. So sorry.

Obama is not your people's president.

He will not atlast come riding to your rescue like the cavalry of the wild west...

No...

When will you realize he is NOT your president?

Wake up and smell the air: He says "donated" billions upon billions to the largest banks, has refused to act against them inspite of stringent criticism, has refused to call for AIG chief's resignation, and has asked his SecTreasury to "donate" more of YOUR tax money to those banks...

And he wants GM CEO to resign because of what? a puny $4 billion loan to GM? (forgetting the fact that $400 billion was donated to banks)

Its time to impeach man...

Impeach him before its too late.

Atleast with Republican politicians like Bush or McCain or even Romney, the deal was straight forward:

They liked the richest, got donations ONLY from the richest and hence only supported only the richest.

Agreed. Accepted. After all once you are bought, you stay bought.

Not Obama: he was powered into presidency with $10/$20 donations given by the poorest of the people. What does he do?

Stamps on them and starts to support the fat cats who did not even respect him when we were holding him high over our heads.

The only stimulus we can receive is to DEMAND that Obama return back ALL the $10 he stole from us.

When a politician is bought, he stays bought.

That is the rule.

We bought him, and he betrayed us?

Time to impeach.

When will Ron Paul bring an impeachment motion against Obama?

Democratic party???

No, the voters were the ones who were stupid.

All the millions of supporters who contributed their hourly wages of $10/$20 to make him president were sucker punched in their guts...

WE are the ones who are stupid.

WE are the ones who supported a naive, cruel, cunning charlatan for candidature having been wooed by his charm in YouTube videos and forced the Dems to make him candidate.

By God, i hope, nay i pray, he is impeached in 2010 by the new congress.

I Agree whole heartedly.

Someone must have the courage to stand up against this Rock star.

Obama does not have the depth or the knowledge to handle a crisis, unlike Clinton or even Schwarzenegger (he can't be president).

He comes down hard on Auto Cos BUT refuses to even suggest Goldman Sachs or AIG chiefs to quit??

He can't stand behind our mortgages, but is willing to stand hide behind the frocks of AIG and large banks which contributed to his campaign...

Obama seems to have already forgotten his $10/$20 contributors.

I always knew politicians are bastards and they will forget their voters, but i never knew a politician who so quickly kicks back at his base of supporters and laughs at it...

It is time his voters realize they have elected the perfect Manchurian Candidate...

I hope he is impeached by a renewed congress in 2010.

What Political Capital???

He has none!

He spent it all on bailing out AIG once again AND refusing to stop its bonus payments...

He spent it all on bailing out fat cats once again while allowing people to lose their homes and blaming the congress for not protecting the people...

He spent it all on refusing to prosecute Cheney and his cohorts on Treason charges while continuing to letting his DEA lose on the poor people...

Obama is all smoke and no fire.

Hell, he can't even unite his own party for passing his Budget!!

And he ducks traditional press to reach out directly to the people?

What did he do for those people?

Has he kept ANY of his campaign promises so far? Medicare, foreclosures, jobs???

NOPE. NOTHING.

But, he finds enough time to explain why he had to "donate" so much money to AIG and Citi and other banks.

The lack of experience in public life is clearly showing now as Obama is losing control.

Its time to impeach him and bring Biden: atleast he's old enough and experienced.

Will the real GOP please stand up?

Let's examine the AIG payments.

1. They are required by law. It's the same as any other contractual employment. You don't pay, you will be fined by what ever State government is in place, and you will have to pay the amount anyway. There's no legal way around it.

Bzzzttt. Wrong.

A contract between two valid parties is NOT a law.

Read up the English law governing Contracts from which the American law came about.

If a contract is violated, it is up to the affected party to take the matter to court for fulfillment of the contract in letter.

The courts decide whether the contract is valid, whether the two parties are of legal age and validity, does one party have undue influence, etc.

Then, and ONLY then would be court decide to rule on it.

Whether or not an AIG employee accepts the payment does not matter for tax purposes. That's right, if they TURN DOWN the bonus, they still have to pay tax on it.

Which is exactly the crux of the debate.

So what's your point?

While your second part is legally correct, your first part is grossly wrong.

NQDC is taxed under FICA, FUTA and SS. Income tax is witheld on actual receipt.

Read up on section 83 properly before opening your pen or mouth.