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Reply #17: I think you're right. They know it won't fly.
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Hansel
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Thu Mar-19-09 09:07 PM
Response to Reply #5 |
17. I think you're right. They know it won't fly. |
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I would be surprised if Obama signed it. He will explain the constitutional issues with it and they have an excuse to back away from it.
Why are they going after the employees anyway? Why aren't they going after the corporation to just pay the money back? It's kind of a creepy precedent. Especially since some of the banks that got TARP money were never in trouble and only got TARP money (in exchange for stock) only to mask which banks were the bad ones. Now their employee's are being punished for the sins of AIG.
Does anyone advocating for this understand the precedent it would set for their company? What if Republicans in Congress decide that because GM made a car that spontaneously combusted due to a design flaw, that every company who accepted government funds should have their assembly line people taxed at 90% because they're angry about this? The law Congress just passed would certainly provide the precedence for doing this and Republicans hate union workers. So why not? They could build up public outrage against union workers through their right-wing echo chamber until everyone is convinced it's union workers that have caused the cars to explode and don't deserve to be paid.
I don't get the overwhelming support on this board for punishing employees instead of the corporation. It's really pretty scary.
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