9:48 pm, May 22, 2015

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  • Pay Freeze
    I realize that President Obama had to offer a two-year pay freeze to avoid the three-year pay freeze the Republicans were going to pass. But why do government employees have to pay for the fiscal irresponsibility of Fannie Mae, Freddie Mac, GM, Wall Street, and AIG and Congress’ lack of proper oversight of these companies? And need I remind you of the fact that some of these companies were giving employees million dollar bonuses! And we bailed them out! I don’t know any government employee who has gotten that type of bonus! When President Obama suggested that they let the tax cut for the RICH expire all of the Republicans, and many Democrats stood up and screamed loudly NO! For obvious reasons, since that expired tax cut would affect Congress’ personal finances. Yet they have a problem extending unemployment benefits for its citizens, who contributed to that bail out! Then the new elected Congress, who claimed they were going to fix Washington, could not come up with any other ideas to cut the Country’s deficit, so they took the easy way out, government employees, which is a drop in the bucket. They have to come up with something a little better then that. And after all most of the Country’s financial woes were started under a Republican run Congress, but for some reason we the people thought they could do better than they did under the Bush Administration?? Given the financial crisis the previous Administration left for President Obama, I think the President has made great strides in less than two years. We gave the previous Administration years to mess up our Country’s financial status but we could not give the current Administration two years. As the saying goes, you get what you pay for. I really don’t mind a pay freeze if it is for the good of the Country, but what financial sacrifices are Congress or the big companies that the taxpayers bailed out going to make? I am sure AIG is still passing out enormous bonuses to employees for failing. In case you have not heard a lot of that bailout money has been repaid, and if the President had not instituted certain stipulations to the bailout I don’t think those companies would have been motivated to repay the loans! Let's give credit where credit is due. Maybe if Congress’ personal finances or their job were more directly affected by some of their decisions, they might make better decisions and do a better job, and stop putting on those dog and pony shows!
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