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Anandasubramanian

Published Letters: 366
Editor's Choice: 7

Friday, March 20, 2009 11:58 PM

BREAKING NEWS: Senate prevents Taxing of Bonuses

http://news.yahoo.com/s/ap/20090321/ap_on_go_co/aig_bonuses

As Expected, the Senate has prevented the 90% taxing of AIG bonuses under the guise of hasty congress moves.

Which proves what i had predicted earlier:

http://letters.salon.com/news/feature/2009/03/19/aig/permalink/89e24763d552f50a4613896445199b3c.html

I had correctly predicted Congress and Senate would NOT stop the bonuses from being paid.

Now, the concerned senator is not up for re-election, and when the time comes to be re-elected, the people would have forgotten.

Again, i say, THE BONUSES WILL BE PAID and there's not a THING you morons can do to stop it, unless you buy your own congressman and senator.

Dumb asses.

Saturday, March 21, 2009 12:06 AM

@furtail

Good luck planning it from Gitmo-:)

The PATRIOT Act allows the president to detain you indefinitely.

The Gitmo is not closed.

Make the connection.

Saturday, March 21, 2009 12:11 AM
Original article: Goodbye, "Galactica"

I stopped watching BSG after Season 1

... primarily because it tried to prove too much and took too long.

You need a core message a small plot.

Unfortunately, you had a zillion plots, motives and not to mention the cylons being human, etc.

I mean, who the frak is supposed to care for all this?

I had a hip-hop loving friend who thought sci-fi channel was for the geeks and nerds.

He loved BSG after watching the first episode.

Plus he forces his rapping friends to watch this show because it was so frakking good in Season 1.

It lasted one season.

Saturday, March 21, 2009 07:32 AM

@navarro

No, No, No.

It will Not happen.

You are confusing your wish with reality.

Nope.

The ones who shouted for taxing the bonus are the ones who are up for election in 2010.

The ones who stopped taxing it are those who are not up for election.

Its a cabal.

These guys make a lot of noise to preempt you citizens so that you think the congress critter is working for you.

However, since corporates buy everything wholesale, including congress critters, they plan differently.

They ask part of the critters to protest against these bonuses that usurping your actions.

They ask the rest to block it.

The US constitution gives congress wide powers. It can vaporize the veto of a president elected with millions of votes.

If the congress could declare war against Iraq without debate and can pass PATRIOT Act without discussion they can certainly pass a law making it illegal for tax payers money to be given out as Bonus.

But NO... no senator or congressman will dare disobey his Masters: the guys who bought him/her(Pelosi).

So... end result.

Your fervent appeal is vaporized and the bonus is paid while congress lies and wrings its hands...

Saturday, March 21, 2009 10:12 PM

Reg. Corporate Personhood

The person who wrote about corporate personhood is a Genius.

Thanks.

Now, since corporates claim to be persons, can we apply the same law as manslaughter and murder and fraud to them?

After all AIG has been convicted many times on Fraud.

Can we imprison the entire corporation trustees (CEO and Board) to fulfill those sentences?

After all as a person if i can be jailed on fraud, so can AIG be!

Sunday, March 22, 2009 10:37 PM

@Xanthro

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.

Thursday, March 26, 2009 10:52 PM

All smoke and no fire

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?

Friday, March 27, 2009 01:20 AM

@Xrandadu Hutman

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...

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