Thursday, March 19, 2009

Democrats ALLOWED AIG Bonuses

CNN News: Reports it was the Democrats that allowed AIG to get their bonuses. In pure political terms this is great news for the Republicans, they can run on the slogan " Democrats ARE for ? Big Business " The Obama Administration pushed their Economic Plan through without bothering to read it, as Obama taught law he should now better, always read the small print. Also the idea that you can tax the bonuses at a 100% after they are part of a legal contract and it was allowed by a previous legal measure; in the Obama Economic Plan; is a joke. Any good judge will declare that this law is not legal. It is against English Common Law and its against contract law. The Democrats have been bitten by their own pedestal.

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