Jolie Rouge
04-01-2009, 08:38 PM
10 House Republicans for arbitrary salary control;
Minority Whip Cantor votes “present” [/b] :rolleyes:
85 House Republicans, I shall remind you again, voted for the AIG/CYA confiscatory bonus tax.
Some of them have learned their lesson, but not all.
Today, 10 Republicans joined the Grabby Hands Democrats in passing the new “Pay for Performance Act” http://www.reuters.com/article/topNews/idUSTRE5308JA20090402?feedType=RSS&feedName=topNews&rpc=69&sp=true — to curb “excessive” employee pay at financial firms that receive government bailout funds, “a measure that could supplant [the] earlier effort to heavily tax executive bonuses.” The bill passed 247-171.
Here are the 10 House Republicans who think it is government’s job to determine what “excessive” pay is in every workplace except their own
( full roll call vote here http://clerk.house.gov/cgi-bin/vote.asp?year=2009&rollnumber=182 ) :
H R 1664 RECORDED VOTE 1-Apr-2009 6:23 PM
QUESTION: On Passage
BILL TITLE: To amend the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards
Democratic 237 Ayes / 8 Noes / 8 Not Voting
Republican 10 Ayes / 163 Noes /1 Present / 4 Not Voting
TOTALS 247 Ayes / 171 Noes / 1 Present / 12 Not Voting
Republicans
Bilirakis
Brown-Waite, Ginny
Cao
Diaz-Balart, L.
Diaz-Balart, M.
Duncan
Jones
McHugh
Rohrabacher
Ros-Lehtinen
At least this bonus-taxing bunch of appalling GOP turncoats is consistent in supporting radical government meddling.
Oh, and look who voted “present”
Cantor
:wow:
As for those who had a change of heart: Sorry, you don’t deserve wine and roses for doing what you should have done in the first place. There’s no rational reason or fixed principle the rest of the class of 85 House Republicans who voted for the first bonus restrictions can give you for supporting that measure while opposing the new salary controls — harbingers of worse things to come.
And they know it.
The 85 AIG bonus-taxing House Republicans, led by Minority Whip Eric Cantor, revealed their arbitrary and capricious commitment to fiscal conservatism. They can’t be trusted to stand for what’s right when the heat is on.
And they shouldn’t be allowed to forget it.
Here is Cantor’s explanation:
http://thehill.com/leading-the-news/rep.-cantor-votes-present-on-bonus-bill-2009-04-01.html
House Minority Whip Eric Cantor (R-Va.), who caused consternation in his party by voting in favor of taxing AIG executive bonuses, voted “present” Wednesday on a second bill aimed at tackling bonuses.
In a statement, Cantor said he voted present because his wife works for an institution that could be affected by the legislation. He also criticized the bill as a “misguided” intrusion by the federal government into the private sector.
“This misguided bill gives the federal government unprecedented new power to dictate compensation levels for private citizens employed by companies,” Cantor said in the statement.
“However, I believe that every Member of Congress must take all of their responsibilities seriously, and since this legislation may affect my spouse, in accordance with House rules and with an abundance of caution, I voted ‘present’ and submitted my rationale to the official Congressional record.”
So, he voted “present” because the bill might affect his wife’s bank. But he voted “yes” on the AIG bonus tax…which also may have affected his wife’s bank, and which, by the way, received bucket loads of TARP money. :hmmm2:
The earlier measure that Cantor supported would impose a 90 percent tax on bonuses at firms that receive at least $5 billion in government aid. The measure, which is unlikely to be taken up by the Senate, would have applied to individual or family income exceeding $250,000. A spokesman for Cantor said the lawmaker’s spouse may not be affected by that bill.
Diana F. Cantor runs a Virginia-based subsidiary of New York Private Bank and Trust, according to ProPublica, a non-partisan investigative journalism organization. The New York bank received $267.2 million from the U.S. Treasury’s Troubled Asset Relief Program on Jan. 9.
Are you buying this (especially given his past weaseling on this issue)?
http://thinkprogress.org/2009/03/19/cantor-bonus-vote/
:egg:
Minority Whip Cantor votes “present” [/b] :rolleyes:
85 House Republicans, I shall remind you again, voted for the AIG/CYA confiscatory bonus tax.
Some of them have learned their lesson, but not all.
Today, 10 Republicans joined the Grabby Hands Democrats in passing the new “Pay for Performance Act” http://www.reuters.com/article/topNews/idUSTRE5308JA20090402?feedType=RSS&feedName=topNews&rpc=69&sp=true — to curb “excessive” employee pay at financial firms that receive government bailout funds, “a measure that could supplant [the] earlier effort to heavily tax executive bonuses.” The bill passed 247-171.
Here are the 10 House Republicans who think it is government’s job to determine what “excessive” pay is in every workplace except their own
( full roll call vote here http://clerk.house.gov/cgi-bin/vote.asp?year=2009&rollnumber=182 ) :
H R 1664 RECORDED VOTE 1-Apr-2009 6:23 PM
QUESTION: On Passage
BILL TITLE: To amend the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards
Democratic 237 Ayes / 8 Noes / 8 Not Voting
Republican 10 Ayes / 163 Noes /1 Present / 4 Not Voting
TOTALS 247 Ayes / 171 Noes / 1 Present / 12 Not Voting
Republicans
Bilirakis
Brown-Waite, Ginny
Cao
Diaz-Balart, L.
Diaz-Balart, M.
Duncan
Jones
McHugh
Rohrabacher
Ros-Lehtinen
At least this bonus-taxing bunch of appalling GOP turncoats is consistent in supporting radical government meddling.
Oh, and look who voted “present”
Cantor
:wow:
As for those who had a change of heart: Sorry, you don’t deserve wine and roses for doing what you should have done in the first place. There’s no rational reason or fixed principle the rest of the class of 85 House Republicans who voted for the first bonus restrictions can give you for supporting that measure while opposing the new salary controls — harbingers of worse things to come.
And they know it.
The 85 AIG bonus-taxing House Republicans, led by Minority Whip Eric Cantor, revealed their arbitrary and capricious commitment to fiscal conservatism. They can’t be trusted to stand for what’s right when the heat is on.
And they shouldn’t be allowed to forget it.
Here is Cantor’s explanation:
http://thehill.com/leading-the-news/rep.-cantor-votes-present-on-bonus-bill-2009-04-01.html
House Minority Whip Eric Cantor (R-Va.), who caused consternation in his party by voting in favor of taxing AIG executive bonuses, voted “present” Wednesday on a second bill aimed at tackling bonuses.
In a statement, Cantor said he voted present because his wife works for an institution that could be affected by the legislation. He also criticized the bill as a “misguided” intrusion by the federal government into the private sector.
“This misguided bill gives the federal government unprecedented new power to dictate compensation levels for private citizens employed by companies,” Cantor said in the statement.
“However, I believe that every Member of Congress must take all of their responsibilities seriously, and since this legislation may affect my spouse, in accordance with House rules and with an abundance of caution, I voted ‘present’ and submitted my rationale to the official Congressional record.”
So, he voted “present” because the bill might affect his wife’s bank. But he voted “yes” on the AIG bonus tax…which also may have affected his wife’s bank, and which, by the way, received bucket loads of TARP money. :hmmm2:
The earlier measure that Cantor supported would impose a 90 percent tax on bonuses at firms that receive at least $5 billion in government aid. The measure, which is unlikely to be taken up by the Senate, would have applied to individual or family income exceeding $250,000. A spokesman for Cantor said the lawmaker’s spouse may not be affected by that bill.
Diana F. Cantor runs a Virginia-based subsidiary of New York Private Bank and Trust, according to ProPublica, a non-partisan investigative journalism organization. The New York bank received $267.2 million from the U.S. Treasury’s Troubled Asset Relief Program on Jan. 9.
Are you buying this (especially given his past weaseling on this issue)?
http://thinkprogress.org/2009/03/19/cantor-bonus-vote/
:egg: