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Dear Congressman Moran

March 19th, 2009 at 10:19 pm

Congressman Moran,
I just saw that you voted for the 90% tax on the AIG bonuses. Shame on you. The bonuses were lawful, and the stimulus package guaranteed that they could be paid. I was completely against the stimulus package, but I am for following the law. The law said the bonuses were legal, so the AIG employees should not be punished.

You do not have the right to abuse your legislative power by singling out individuals for punishment. You do not have the power to pass ex post facto laws. This is unconstitutional! What were you thinking? I would like to know why you would vote for this unconscionable power grab. As your constituent, please email me and try to explain your vote.

cptacek

5 Responses to “Dear Congressman Moran”

  1. creditcardfree Says:

    Well said, I second this!

  2. Live Free Says:

    I could not agree more. They never should have put taxpayer money into it, but now that they have.....why don't they realize that contract law is the basis of our society. Using taxes as punishment, or a way to get re-elected, is befitting of any country other than America. What a mess they have all created.

  3. oceansluver78 Says:

    well said! .......I;m not mad one bit at any AIG employee. The only ones responsible for this debacle is the United States Government!

  4. cptacek Says:

    I never got a response from Moran, but in his newsletter, he said this:

    "I have consistently opposed every stimulus and bailout plan championed by both the Obama and Bush administrations. This week we were reminded why the federal government should not have gone down the bailout route in the first place.

    I spoke on the House floor this week only to express my strong disgust to the bonuses AIG granted to high-level executives of the company. I also reminded my fellow Members of Congress that the fault also lies with Congress and the administration. This kind of situation is to be expected when the government intervenes and risks taxpayer dollars into private businesses. It is not a surprise. History has proven that the federal government has little ability to manage private business well.

    Later in the week, the House passed legislation seeking a return of the AIG bonuses utilizing the tax code. While I voted in favor of this resolution, it was done to express my outrage at Wall Street’s disconnect with the American taxpayer and a message to Treasury Secretary Geithner that we must put accountability in place and protect the taxpayers. The tax code should not have to be used as a weapon against unethical behavior."

    Not a strong argument, in my opinion.

  5. Lost in Thoughts Says:

    I understand what he is saying, though I disagree with his actions. The government has really screwed up this time, and now they're taking the cowardly approach to covering their @$$. I'm so flustered about that whole situation that I just wanna scream at them, LET THEM FAIL AND THEN RECOVER ON THEIR OWN!

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