Monday, March 16, 2009

What a bunch of Jokers.

Where the H-E-Double-Hockey-Sticks does anyone get off berating someone for obeying the law, even if it is in doing something unpopular? Where is the "good" in that?

President Obama came out today telling the secretary of the treasury to do whatever it takes to block the contractually obligated bonuses being paid out to some employees of AIG.

I don't think ANYONE understands what this statement essentially amounts to.

President Obama is, effectively, saying "Go break the law."

Screw that those "bonuses" (as many "bonuses" on Wall Street are) are actually most likely contractual variable pay, as opposed to being rewards for good service. Screw that those 'bonuses" were contractually guaranteed. Screw that if ANY private citizen were to default on a contract, they would potentially be facing JAIL TIME.

No, let's set a precedent: When the government is involved, contracts mean nothing. The LAW means nothing. If we (we being the government) determine that it shouldn't be, it shouldn't be.

What's next?

Here's an interesting article by Douglas A. McIntyre: link. I may merely be a small business owner who doesnt trust the president anymore, especially in light of all he has already "done", but I'm not alone in seeing the implications of these actions.

I feel true fear when I think of where things are going. Was George Orwell merely off by 25 years? Are we headed into a loss of all of those things our country was founded upon?

Today it's the sanctity of a legal contract. Tomorrow will it be something bigger? The potential for where this decision to fight these contracts is going is frightening and mind-boggling. Call me paranoid if you like, but when the laws being overturned begin affecting you and your rights, don't say I didn't warn you.....

No comments: