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Democrats invented racism and democrats HATE all blacks
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We. Are. Finished. With. DC. - Addendum Part 1

Civility: The Leftinistra Own None Of It
Civility: The Leftinistra Own None Of It Part 2(?)
Civility: Leftinistra Own None Part Three
Obama, Civility and The Clansmen of Dumb
Brain Dead Leftinistra: Their Stoic Civility
Libtards Have No Class - Civility Escapes Their Brain Deadness
The States Will Be the Next Battlefield in the Fight Over ObamaCare
War Is Coming: Blood On Our Own Streets - Thanks Democrats
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We Are In The Midst of Chaos and Civil War
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Live Free Or Die - The Movement Marches On
The Country Surrounds The City

When They Came
Is The Left Still “Proud To Be a Left-Wing Extremist”?
Be It Known - Attention Unconstitutional Congress
Obama: One Big Ass Mistake America
Do Birthers Rock and Roll or Stop and Drool?
Good vs Evil…It Is Your Choice
I Apologize For My Nation
Obama’s Civilian National Security Forces (CNSF)
Obama’s Brown Shirts - Civilian National Security Forces
What Is It About The American Liberal?
The Plan To Destroy America
Another Soldier Has Been Given the Haditha Treatment!
Callin’ All The Clans Together
Callin’ All The Clans Together Show
A History of the List of 45
Constitutionality: The Movement
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Redefining The Center or the Moderate
The HIC (Hoax In Charge) Going To Copenhagen
We Didn’t Start This Goddamn War!

Copy Cat Frauds of the IAVA

Contract With America
Snooper’s Declaration of Independence
Thanks Obama

Contract From America

Timothy McVeigh
Thoughts To Ponder and Reflect Upon
Snooper Report Vindication: Al Qaeda, TWA Flight 800 and OKC Bombing
Clinton alludes to 1995 bombing, says words matter

Missing 13th Amendment
TITLES OF “NOBILITY” AND “HONOR” - The Missing 13th Amendment

The Coup
Military Coup Against Obama

The United States Constitution
Our founding document wasn’t set in stone for a reason

Deepwater Horizon
Did Hugo Chavez Sink the Deepwater Horizon Oil Platform?

MSLSD Lies
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Wake Up GOP

This is pretty much a bunch of CRAP, FYI HINT: “MOSTLY TRUE” is a “MOSTLY FALSE” deal which means “MOSTLY TRUE” is a LIE.
« Barack Hussein Obama Is unAmerican | Main | Obama To Determine Exec Pay? »
Monday
Mar232009

Is the 90% Bonus Tax Constitutional Or Not?

The Imam of Obam was asked if the 90% Bonus Tax was constitutional.  In typical libtard fashion, he was unable to answer the question and performed the usual libtard bravo sierra

KROFT: The president ordered his treasury secretary, Timothy Geithner, to use every legal means to recover the bonus money from AIG. If it is not repaid, it will be deducted from the company’s next bailout payment. But the House decided to extract its own revenge, passing a bill that would impose a tax of up to 90 percent on the AIG bonuses, and on the bonuses of anyone making more than $250,000 a year who works for a financial institution receiving more than $5 billion in bailout funds.

I mean, you’re a constitutional law professor.

OBAMA: Yeah.

KROFT: Do you think this bill’s constitutional?

OBAMA: Well, I think that, as a general proposition, you don’t want to be passing laws that are just targeting a handful of individuals. You want to pass laws that have some broad applicability. And as a general proposition, I think you certainly don’t want to use the tax code to punish people. I think that you’ve got a pretty egregious situation here that people are understandably upset about. And so let’s see if there are ways of doing this that are both legal, that are constitutional, that uphold our basic principles of fairness, but don’t hamper us from getting the banking system back on track.

KROFT: You’ve got a piece of legislation that could affect tens of thousands of people-- some of these people probably had nothing to do with the financial crisis. And some of them probably deserve the bonuses that they got.

OBAMA: Well ...

KROFT: I mean, is that fair?

OBAMA: Well, that’s why we’re going to have to take a look at this legislation carefully. Clearly, the AIG folks getting those bonuses didn’t make sense. And one of the things that I have to do is to communicate to Wall Street that given the current crisis that we’re in, they can’t expect help from taxpayers but they enjoy all the benefits that they enjoyed before the crisis happened. You get a sense that in some institutions that has not sunk in, that you can’t go back to the old way of doing business, certainly not on the taxpayers’ dime.

Now, the flip side is that Main Street has to understand, unless we get these banks moving again, then we can’t get this economy to recover. And we don’t want to cut off our nose to spite our face.

Yet another example of a non-answer answer.

Transcript of the 60-Minutes interview here.

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Reader Comments (2)

Perhaps a new name for obambi would be the "Artful Dodger". Not entirely original but apropriate.

March 23, 2009 | Unregistered CommenterNo.9

Artful Liar would be cool too.

March 23, 2009 | Registered CommenterMark "Snooper" Harvey
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