White House Calls Pay Czar “Forceful Advocate” For US Taxpayers After BofA’s Lewis Gives Up Millions

“Let me get this straight. Obama gave a few billion to BOA”
oonogil | Oct 16, 2009 4:51:39 PM
No. Bush gave a few billion to Bank of America. Do you understand how much it makes the Right look like they’re ignorant (or flat out liars) when you screw up such simple documented history like that?

Chairman Mao would be proud

Chairman Mao would be proud
________________________________
No, Chairman Mao would have executed him. As it is, this administration has in this instance simply ensured taxpayers money is not going to pay multi-million dollar bonuses to executives of failed corporations.

The Pay Czar is an advocate for
no one but the “Great Dictator”,
Barack Obama!
Wake up, America!
Our freedoms are under attack.
Freedom of speech:
1. Labeling town hall protesters
“angry mobs”.
2. Encouraging citizens to turn in
the e-mails of other citizens who
oppose the president’s healthcare
proposals.
3. Attempting to indocrinate our
school children with Whitehouse
approved curriculims and songs
praising President Obama.
4. Repeated attacks on Fox News for
daring to oppose the president on a
variety of issues.
5. Telling us how much money we can
make and how much we can keep.
6. Taking control of banks, AIG, and
GM and Chrysler.
7. Controlling the news media with its
lackies, aka NBC, CNBC, CBS, CNN,
The New York Times, The LA Times,
The Washington Post etc.
8. The Unconstitutional attempt to
force people who don’t want it to
buy Health Insurance(The Baucus Bill)!
Stop the Insanity!
Vote the Democrats out in 2010.

Before Obama took office?
Do you mean his current office?
Or do you mean his office of Senator in which he sat for 4 years, 2 as a member of the majority party?

You’ll get no defense on Bush’s lack of fiscal restraint from me.
But the President isn’t solely responsible for the budget, as you know. Obama was part of it before he became President. That’s rare, because we don’t often elect sitting senators. Had he been a governor, he could call himself blameless. He wasn’t. He isn’t.
Finally, the current President has to deal with what’s handed to him. He has to find a way, even if he is unhappy about what he seems to feel he was handed. So far, he isn’t making it better.

“He has to find a way, even if he is unhappy about what he seems to feel he was handed. So far, he isn’t making it better.”
MayBee | Oct 16, 2009 7:03:46 PM
He managed to get a $787 billion stimulus through – including over $200 billion in tax cuts – and only increase the deficit by only $200 billion over the projected deficit with no stimulus. That is by any quantitative measure making it better.

“A politically appointed hack dictates what someone’s salary is in the private sector and we’re all supposed to stand up and cheer?”
_________________________________
When that company just received billions and billions of dollars in taxpayers bailout money then yes . .. of course the government on our behalf should ensure that millions of that money is not soaked up in an executive’s salary.

julieterra:”When that company just received billions and billions of dollars in taxpayers bailout money then yes . .. of course the government on our behalf should ensure that millions of that money is not soaked up in an executive’s salary.”
So you’re OK with your government giving our tax dollars away to financial companies? You simply gloss over the premise. We never should have bailed them out. But we did. Then your government imposed conditions after the fact. Apparently you’re OK with that whole mess. I’m not.
Instead of a Pay Czar we should start with a Political Contribution Auditor. Every politician that received campaign contributions from any company receiving taxpayer bailout dollars should be forced to repay them to alleviate the burden on the taxpayer. Would you agree?

“It’s her PRAISE of MAO that is frightening (and not yet retracted, BTW). ”
_____________________________________
Two noted Republicans – Lee Atwater and Newt Gingrich – chose to quote Mao as if he were an intelligent, experienced politician worth quoting – and Bush recommended Mao’s writings to Karl Rove.
The difference is they are Republicans and Dunn is a Democrat. And the Republicans didn’t mention Mother Theresa – Dunn did.
I don’t think its a big deal – the woman said she mentioned Mao and Mother Theresa in the same sentence as an irony as was her use of the phrase ‘favourite political philosophers’. You really think she’s ready to murder people for a cause?
Do you also condemn Bush because his attack on Iraq killed tens of thousands of Iraqis for his political beliefs?
This is the trouble with the right – always willing to pull a single isolated quote out of context and blow it up into a person’s entire philosophy.
If only you had some actual policies and positive programs you might get past the non-stop smear campaign and into something constructive and worthwhile.

“CBO projects that the deficit this year will total $1.2 trillion…”
And that is supposed to excuse Obama’s causing it to happen on his watch, and make it worse?
I would note that the Cbo also projected that the recession would end in the third quarter of this year with no stimulus at all. It is indisputable that in one fell swoop this man gratuitously added $787 billion to the deficit. And he now projects $9 trillion in additional debt in the next ten years.

“Actually, in a number of instances they have failed to do so.”
____________________________________
That is because the Bush TARP funds were put into place without these restrictions in place. TARP funds under Obama had monitoring processes put into place.
” In any event, they will discover in time that the people who are capable of running complex financial institutions simply will not work at places that don’t pay seven-figure bonuses.”
___________________________________
You should have said ‘people who are capable of INCOMPETENTLY running . . .’ from what we’ve seen.
The cream rises to the top and curdles.

“The Obama people knew about the AIG bonuses long before they were paid.”
___________________________________
Again, you fail to understand – these were Bush TARP funds and his rules . . .
“TARP inspector general says Bush administration specifically considered and approved AIG bonuses.”
“Indeed, the executive compensation section of the Bush Treasury
Department’s November 2008 TARP agreement with AIG addresses the
“annual bonus for 2009″ for “Senior Partners,” including “all
retention payments paid or payable to such Senior Partner under any
retention arrangement between the Senior Partner and the Company for
any period ending on or prior to March 31, 2010.” The section states
that such bonuses “shall not exceed 3.5 times the sum of such Senior
Partner’s base salary and target annual bonus for 2008.”

julieterra:”Two noted Republicans – Lee Atwater and Newt Gingrich – chose to quote Mao as if he were an intelligent, experienced politician worth quoting – and Bush recommended Mao’s writings to Karl Rove.
The difference is they are Republicans and Dunn is a Democrat. And the Republicans didn’t mention Mother Theresa – Dunn did.”
Here’s the scripted spin from the left. Again, the quote is immaterial. It’s Dunn’s PRAISE of MAO that is shocking and disturbing, and as of yet, not denied or retracted. Reading Mao in order to understand your enemy is one thing (Bush and Cheney), subscribing to Mao’s philosophy is another. You ask if Dunn supports murdering for a cause. Great question, I wish someone from the MSM would ask her. You still haven’t answered my question: are you a fan of Mao?
As far as the Mother Theresa red herring, why would anyone focus on a White House appointee saying the admire Mother Theresa? It’s neither shocking or disturbing. What is shocking and disturbing is trying to draw somre sort of moral equivalency between Mao and Mother Theresa and then blaming others for focusing on her admiration of one of the bloodiest dictators the world has ever known. Simply bizzare.

julieterra:”You still haven’t answered my question: are you a fan of Mao?”
___________________________________
Some of the things he stood for, yes. Some of the things he stood for, no.
Do you also condemn Bush because his attack on Iraq killed tens of thousands of Iraqis – for his political beliefs?
===========
Thanks for being so honest. Mussolini made the trains run on time but that doesn’t make him praiseworthy.
Do I condemn Bush for what? Executing a policy that was supported by Congress, Bill Clinton and even one of your favorite organizations, the UN? Of course not. War is hell. There’s very little that’s good about it, except the expected belief that the aftermath will be worth the pain and suffering. It’s too soon to tell on Iraq, but I’m hopeful. Are you?