Obama Threatens to Abrogate AIG Contracts (metal, rock, single, metallica) - Music Banter Music Banter

Go Back   Music Banter > Community Center > The Lounge > Current Events, Philosophy, & Religion
Register Blogging Search Today's Posts Mark Forums Read
Welcome to Music Banter Forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with over 70,000 other registered members. After you create your free account, you will be able to customize many options, you will have the full access to over 1,100,000 posts.

Reply
 
Thread Tools Display Modes
Old 03-17-2009, 12:37 PM   #1 (permalink)
Unrepentant Ass-Mod
 
Join Date: Jun 2008
Location: Pennsylvania
Posts: 3,921
Default Obama Threatens to Abrogate AIG Contracts

Obama will try to block executive bonuses at AIG

Discuss.
__________________
first.am
lucifer_sam is offline   Reply With Quote
Old 03-17-2009, 01:09 PM   #2 (permalink)
killedmyraindog
 
TheBig3's Avatar
 
Join Date: Aug 2004
Location: Boston, Massachusetts
Posts: 11,173
Default

He ought to. I can't read that right now, but heres a stupid counter-argument that, if I didn't know better, I would swear is an argument to be ripped apart...

http://www.nytimes.com/2009/03/17/bu...n.html?_r=1&hp
__________________
I've moved to a new address
TheBig3 is offline   Reply With Quote
Old 03-17-2009, 01:38 PM   #3 (permalink)
Music Addict
 
Yukon Cornelius's Avatar
 
Join Date: Jan 2009
Location: Texas
Posts: 625
Default

Quote:
Originally Posted by TheBig3KilledMyRainDog View Post
He ought to. I can't read that right now, but heres a stupid counter-argument that, if I didn't know better, I would swear is an argument to be ripped apart...

http://www.nytimes.com/2009/03/17/bu...n.html?_r=1&hp
why not just put this in the official Barrack Obama Thread???
__________________
Attempting to find a cure for Stupid...
Yukon Cornelius is offline   Reply With Quote
Old 03-17-2009, 03:29 PM   #4 (permalink)
Unrepentant Ass-Mod
 
Join Date: Jun 2008
Location: Pennsylvania
Posts: 3,921
Default

1) Because it has broader implications on the American government & executive branch than just what the current President represents.

2) Because I wasn't thinking at the time I posted this.

/merge
__________________
first.am
lucifer_sam is offline   Reply With Quote
Old 03-21-2009, 09:55 AM   #5 (permalink)
VICTORY SCREEEEEEECH
 
Antonio's Avatar
 
Join Date: Mar 2009
Location: Are you a cop?
Posts: 3,348
Default

hahahaha^

but yeah it's good that he's stepping up and doing that
__________________
Been making some new music lately, check it out

My MB Journal-I talk about music and stuff!

add me on Steam!
http://steamcommunity.com/id/commandercool

Quote:
Originally Posted by mr dave
isn't this one of the main reasons for this entire site?

what's next? a thread made specifically to banter about music?
Antonio is offline   Reply With Quote
Old 03-21-2009, 11:11 AM   #6 (permalink)
What a guy
 
Join Date: Oct 2008
Location: Brentwood, TN
Posts: 2,123
Default

Technically that's unconstitutional right? Not that I care what that outdated document has to say about it that much.
__________________
last.fm
khfreek is offline   Reply With Quote
Old 03-21-2009, 04:10 PM   #7 (permalink)
nothing
 
mr dave's Avatar
 
Join Date: Mar 2008
Location: everywhere
Posts: 4,315
Default

Quote:
Originally Posted by khfreek View Post
Technically that's unconstitutional right? Not that I care what that outdated document has to say about it that much.
no.

it's like asking for a student loan then not enrolling in school and buying a car instead. you're misappropriating your loan and ignoring the primary stipulation of your contract.

these companies asked for bailout money to keep from going under, not a handout from the public coffers to pad their pockets.

here's the real stumbling block though.... seems most of the people who got paid bonuses actually worked in departments that turned a profit last year (at least that's another one of the rumors circulating the issue)

i'll try laying it out in terms most of us can understand here (movies and video games). the vivendi group owns both universal studios and blizzard entertainment, let's say everyone stops going to movies because they're all playing WoW instead. now universal studios is tanking, and they're such a large part of vivendi that now they're looking at tanking too, but blizzard is still rolling in cash. do the blizzard execs have to lose their bonuses to pay for universal studios operating costs so their parent group stays afloat? is that 'right'?

the list of AIG execs who got the big bonuses hasn't been released to the public yet, and until it does it's really all speculation as to who got what and where it came from. some people might actually deserve a bonus this year, but it definitely should NOT come out of the bailout money.
__________________
i am the universe

Quote:
Originally Posted by bandteacher1 View Post
I type whicked fast,
mr dave is offline   Reply With Quote
Old 03-21-2009, 04:47 PM   #8 (permalink)
dac
MB's Biggest Fanboy
 
dac's Avatar
 
Join Date: May 2008
Location: Cloud Cuckoo Land
Posts: 2,852
Default

Obama needs to get angry... Hulu - Saturday Night Live: The Rock Obama
__________________

dac is offline   Reply With Quote
Old 03-21-2009, 10:02 PM   #9 (permalink)
isfckingdead
 
sleepy jack's Avatar
 
Join Date: Nov 2004
Posts: 18,967
Default

I don't see why every executive action has to go into the "Official Barack Obama Thread" he isn't Metallica; he's the President of the United States. The issues he's dealing with are more complex in terms of their scope and intricacies than what could be discussed in a single topic.

Anyway I'm positively thrilled by this of course. I wasn't happy with the way the government dealt with the fiscal troubles of these companies but since they were "bailed out" I'd like them to be as regulated as possible (nationalization would be preferable, if they're "too big to fail" then we shouldn't put them in the hands of corrupt and greedy men or we should break them up into smaller companies.) It would be preferable if no bonuses were handed out at all though and the executives and people making obscene paychecks took cuts in that area. After all if your company is on the brink of collapse every dollar counts.
__________________
Quote:
Originally Posted by METALLICA89 View Post
Ive seen you on muiltipul forums saying Metallica and slayer are the worst **** you kid go suck your **** while you listen to your ****ing emo **** I bet you do listen to emo music
sleepy jack is offline   Reply With Quote
Old 03-21-2009, 10:10 PM   #10 (permalink)
Master, We Perish
 
Surell's Avatar
 
Join Date: Sep 2008
Location: Havin a good time, rollin to the bottom.
Posts: 3,710
Default

I didn't read that but the title gave me a gist. He should step in, though, bonuses don't help them build the business back up, it only takes a little more out of it. Especially since it's coming straight out of the loan. If they had made a huge comeback and weren't relying on the loaned money, then a bonus would be acceptable; but they haven't and they still are, so get back to work you dumb bastards.
__________________
Quote:
Originally Posted by WhateverDude View Post
Laser beams, psychedelic hats, and for some reason kittens. Surrel reminds me of kittens.
^if you wanna know perfection that's it, you dumb shits
Spoiler for guess what:
|i am a heron i ahev a long neck and i pick fish out of the water w/ my beak if you dont repost this comment on 10 other pages i will fly into your kitchen tonight and make a mess of your pots and pans
Surell is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Similar Threads



© 2003-2024 Advameg, Inc.