Saturday, March 21, 2009

Charlie Wilson's Red Herring

TARP Wage Accountability Act

I'd love to post on other items, but Congressman Charlie Wilson won't stop acting like a socialist for even one day.

First he votes to allow AIG type bonuses, then he says he's outraged at the actual bonuses when they happen, then he submits a bill to stop companies from "significantly increase salaries rather than have to deal with scrutiny of bonuses."

He's definitely against these bonuses now that everyone knows he voted to allow them in the first place.

So, apparently, Charlie Wilson would rather a Wal-Mart greeter run this country's largest insurance company than people that are trained and experienced in it.

The taxpayers have 80% (that's what I've read in the media, so take that for what it's worth) stake in AIG now. Why in the world wouldn't the taxpayer want the best to run a business we have such a huge stake in? We won't have the best and the brightest if we keep cutting their pay. (yes, taking bonuses from people that earned them is cutting their pay) We'll have a third string government team running this show and you know how that will end. The same folks that ran the Social Security fund bankrupt when they had a guaranteed incoming flow of confiscated cash from workers. Now we think the government will run AIG better than that?

On a slightly different note:

What is it with conservatives? Are they also falling for the Bolshevik trap of class envy?

Who cares if someone makes more money than you? Do you think if the government caps what others makes, you'll somehow get a pay raise? It doesn't work like that.

Also, who gets to make the decision of how much is OK to earn? If we start down this socialist path, where does it stop?

If you make 40k a year, there are folks that make 20k / year. What makes you so much better that you make 2X what someone else does?

In Bolshevik class warfare, the only winners are the government.

Charlie Wilson is leading us in this direction, he needs to go.

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