One of the players that died in the boating accident off the coast of Florida last month is going to have his number retired by the Detroit Lions. I only ask why? I get that it is a sad circumstance in which Mr. Smith lost his life but is it really necessary to retire his number? Sounds like the lions are trying to capitalize off this media attention. I am sure next week we will hear about the commemorative patch they will where in honor of him. The lions feel like this lost is similar to Pat Tillman the former cardinal that traded his career for a military deployment and Gene Upshaw who headed the union and was a hall of famer. Who had commemorative patches and numbers retired, but they didn't die in a boating accident. No offense to the Smith family but it is not the same. I sympathize with your lost, but to let the lions use this as a marketing tool is just sick.
The House of Representatives passes a bill taxing bailout related bonuses 90% (MSNBC)
A 90 percent retroactive TAX is one of the dumbest things lawmakers can propose. They act like they had no idea that these bonuses where going to be paid out when the TARP was first passed. I am as mad as anyone that people are getting positively compensated for doing a horrible job, but do you realize the implications of letting the government tax you after you receive extra money. This means next year after you make all your money for the year the government could conceivable pass a tax at the end of the year saying everyone needs to pay 50% of their income to the government. Not only that, but this is taxation without representation. A tax is not a punishment, it is to be used for necessary services the government provides for the citizens of this nation. what service would the government give this execs after taxing them over 200 million dollars? The politicians are just trying to cover their ass after they let the TARP go through after most of their constituents thought it was a bad idea. On the other hand by publishing the names of these execs publicly, someone will probably get killed by some person who loses it after they loose their savings. These execs could do the right thing and give this money back and put it towards payroll so that AIG could hirer a bunch of people even if they are for menial jobs. 218 million in payroll could go a long way. But that just makes to much sense to ever happen like my friend said to me.
"Its like they(politicians/execs) have horse blinders on and only look straight ahead rather than looking at obvious options around them"
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