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Trackbacks

1. Teleprompter Gaffe: President Obama Thanks Himself — UPDATE: Where’s the Video? « Jim Blazsik
2. Beck On Directed AIG Distraction? « Mcnorman’s Weblog
3. Washington hypocrite theater - The AIG comedy show - An oscar worthy performance | Fire Andrea Mitchell!
4. Bloodthirsty Liberal » Judging a Man by His Enemies
5. White House, Dems in Congress Made The AIG Bonuses Possible? « Peace and Freedom Global Future
6. You Don’t Say… « The Forum
7. Michelle Malkin » All of the people should be executed with piano wire around their neck
8. Russ. Just Russ.
9. White House Sneer from ‘Thug’ Barney Frank: Who Cares AIG Families’ Lives Are Threatened? « Frugal Café Blog Zone
10. The $1.00 For Liddy Isn’t Worth The Trouble |
11. GayPatriot » The Lame Excuses of Democrats Who Voted for AIG Bonuses
12. GayPatriot » Barney the Bully

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Comments

1. #1
   On March 18th, 2009 at 1:49 pm, Romeo13 said:

   Listening to this now…

   Sounds like this commitee wants its own people, plus treasury, but Fed Res Bank folks, all in the board room at once.

   All without any statutory requirment, just a politicial one.

2. #2
   On March 18th, 2009 at 1:55 pm, feebiebabe said:

   I smell a show trial.

   This “committee”, congress and the One – has no legitimate right to be outraged at ANY OF THIS because they:

   1) voted on the bill without reading it; and
   2) signed the bill without reading it; and
   3) Crap sando 1.0 (signed by congress under George W “killer of the free market” Bush) gave unlimited power to Sec of Treasury to give out this money at HIS discretion with no oversight.

   They can cry over their microphones all they want…this is on our reps and Obama. AIG has been notoriously unscrupulous as a company for years…and they gave them money. Well, what did they really expect? And this protection of bonuses even AFTER their $500k junket? Cry me a river folks!!!!

   Caveat emptor….

3. #3
   On March 18th, 2009 at 1:57 pm, rambler said:

   Congress makes me sick.

4. #4
   On March 18th, 2009 at 1:57 pm, DagneyT said:

   How is it the situations these morons in congress cause keeps getting blamed on CEOs? BO sounded so “enraged”, when he voted for the damn bill…he thinks now he’s in the White House he’s exempt from any blame! Thank GOD not one Republican voted for the bill that caused the AIG mess. I’m sure that Liddy has been told by those who appointed him, “Sit there, be quiet/compliant/apologetic, and you’ll be alright.” Too bad he won’t turn the tables and ask them why there was no oversight, and why they Dodd made sure the contracts were kept intact? Want to understand hypocrisy? Listen to a congressional hearing, and the donks.

5. #5
   On March 18th, 2009 at 1:59 pm, BlameAmericaLast said:

   Barney (needs to take the marbles out of his mouth)…is asking for names who got bonuses, but won’t grant confidentiality?

   Yeah, right. You think those people want death threats against them?

   Do NOT give those names…

6. #6
   On March 18th, 2009 at 2:01 pm, rktkr said:

   Liddy: No intent to deceive. We had been discussing this with Hill staff.

   Q: But not my staff?…and not Treasury Secy.

   Liddy: No. Not with Treasury. Only Federal Reserve.

   ….just a damned minute, Mr. Liddy.

   The Federal Reserve is NOT a part of the United States government.

7. #7
   On March 18th, 2009 at 2:01 pm, hawkeye54 said:

   I smell a show trial.

   Ah, the undeniable odor of political sewage: )

8. #8
   On March 18th, 2009 at 2:01 pm, sonofdy said:

   I smell a show trial

   Ya think???

9. #9
   On March 18th, 2009 at 2:03 pm, npphotog said:

   Liddy is thinking, “We can’t afford not to give these bonuses otherwise you fools in congress and senate, along with the American people go down with us, and yes, we need more money.” Congress responds, “Yes, we will give you whatever you want, as long as, we pile on the bureaucracy to give the appearance that we’re providing oversight.”

10. #10
    On March 18th, 2009 at 2:04 pm, feebiebabe said:

    Perhaps if this new administration plans on buying up more of these companies he should set up a “Ministry of Mergers and Acquisitions” for due dilligence purposes. Jeesh.

    There is not a company in the world that would go in and buy another company without doing the slighest bit of footwork about assets, liabilities, contracts and company operations and expect to have a job the next day.

    Un-believable…

11. #11
    On March 18th, 2009 at 2:05 pm, Insomniac said:

    Something is rotten on the banks of the Potomac…but we all knew that!

12. #12
    On March 18th, 2009 at 2:06 pm, drivingjack said:

    I heard a big fart in the wind. Must be Barney Franks talking again.

13. #13
    On March 18th, 2009 at 2:06 pm, Batman said:

    Every time I hear the 44th President and 1st Teleprompter of the United States mention how hard Geithner is working, I’m reminded of the way George Bush said, “Heckuva job, Brownie” in the wake of Katrina.

    Heckuva job, Timmy.

14. #14
    On March 18th, 2009 at 2:08 pm, hawkeye54 said:

    44th President and 1st Teleprompter

    TOTUS = Telepromptee of the United States : )

15. #15
    On March 18th, 2009 at 2:08 pm, teachem2 said:

    Liddy: We “blindly follow[ed] legal advice.”

    Correct me if I’m wrong, but isn’t that why they EMPLOY the lawyers? Obviously, he was an expert in the law, he wouldn’t need them.

    Oh wait, I forgot. Libs don’t follow the laws. That’s un-American according to Pelosi. My bad.

16. #16
    On March 18th, 2009 at 2:08 pm, Misscheryl said:

    If this has already been mentioned, I apologize:

    Fannie plans bonuses of up to $611K for 4 execs
    Fannie Mae plans bonuses of up to $611,000 for 4 executives; Freddie Mac has similar plans Alan Zibel, AP Real Estate Writer
    Wednesday March 18, 2009, 2:00 pm EDT

17. #17
    On March 18th, 2009 at 2:09 pm, Jeff2161 said:

    Never let the facts get in the way of a good argument…

18. #18
    On March 18th, 2009 at 2:11 pm, 24Klady said:

    With all the problems this world faces we have these pasty morons salivating like the Romans watching the lions tear Christian limbs apart. Every time I try to watch one of these spectacles I lose another 10 pts. of respect for any elected congresscritter. I’m at or near rock bottom.

19. #19
    On March 18th, 2009 at 2:11 pm, feebiebabe said:

    Chris Dodd and Max Baucus are amoung the top recipients of AIG contributions (so were McCain and Obama).

    The only ones believing this theatrical production of bad actors are the sheeple liberals that voted in the slimebag as President.

20. #20
    On March 18th, 2009 at 2:11 pm, Pasadena Phil said:

    Now Drudge is reporting that Fannie is planning almost $700k of bonuses for 4 executives. Are these people living incommunicado on another planet? Unbelievable. I’m sure the two Fannie/Freddie toadies (Frank and Dodd) will soon be voicing their outrage.

21. #21
    On March 18th, 2009 at 2:11 pm, Misscheryl said:

    “…and the buck stops with me…” Obama said,

    translation:

    “I’m going to throw Timmy under the bus cause I’m all about doing what must be done. Ain’t I cool!”

22. #22
    On March 18th, 2009 at 2:12 pm, Misscheryl said:

    I’m sure the two Fannie/Freddie toadies (Frank and Dodd) will soon be voicing their outrage that this got out to the public.

    fixed.

23. #23
    On March 18th, 2009 at 2:15 pm, Batman said:

    TOTUS = Telepromptee of the United States : )

    President Ron Burgundy

24. #24
    On March 18th, 2009 at 2:21 pm, regularguy said:

    Feebie…isn’t caveat emptor Latin for “hope and change?”

25. #25
    On March 18th, 2009 at 2:25 pm, hawkeye54 said:

    caveat emptor

    Latin for “SUCKER!”

26. #26
    On March 18th, 2009 at 2:25 pm, jjmurphy said:

    Congress makes me sick.

    Well put.

    Frank demands names of execs who aren’t returning bonuses. Will subpoena them.

    I have not heard any evidence the people who received these bonuses violated any laws. They had contracts with AIG that entitled them to these bonuses. No provision of the bailout contradicted these contracts. Why should their personal information be given to Congress? Why should they be asked to return AN of the bonus? (I make nothing compared to these bonuses, but that is my problem, not theirs.)

    Frank is an ass and this Congress is despicable. The Rule of Law has lost out to the Rule of the Mob.

27. #27
    On March 18th, 2009 at 2:26 pm, jjmurphy said:

    “AN” should be “ANY”.

28. #28
    On March 18th, 2009 at 2:27 pm, feebiebabe said:

    On March 18th, 2009 at 2:21 pm, regularguy said:
    Feebie…isn’t caveat emptor Latin for “hope and change?”

    Ha! (snort) either that or “Mea Culpa”.

29. #29
    On March 18th, 2009 at 2:29 pm, MBuck said:

    feebiebabe said:
    Perhaps if this new administration plans on buying up more of these companies he should set up a “Ministry of Mergers and Acquisitions” for due dilligence purposes. Jeesh.

    You think that’s not in the works?

30. #30
    On March 18th, 2009 at 2:29 pm, feebiebabe said:

    jj – i’ve been too disgusted to read, but i believe that there was a “bonus protection” placed in by a representative for AIG’s bonuses in the pork project signed by Obama.

    Someone please correct me if I’m mistaken.

31. #31
    On March 18th, 2009 at 2:31 pm, 24Klady said:

    Oh gosh, Liddy just used a unknown term, “risk analysis” – was it my imagination or did our esteemed body look blank and change direction?

32. #32
    On March 18th, 2009 at 2:31 pm, sonofdy said:

    distract distract distract….

    300 billion more being spent. Just out on drudge…

33. #33
    On March 18th, 2009 at 2:31 pm, NJ-Aviator said:

    They use the phrase “to protect taxpayers” a lot.

    They are so full of %$#@ it’s pouring out of the chamber. They have no interest in “the taxpayer” except as a cash cow.

    The sentiment of these representatives can’t be any more hypocritical or tragically ironic for America than we’re seeing.

    “I’m going be a teacher”…. and teach him what? How to be an ignorant failure?

    “Cut your losses….” ……yeah, there’s some advice that wasn’t considered.

    I’m only reading what I see here. I couldn’t stomach watching it.

34. #34
    On March 18th, 2009 at 2:33 pm, Misscheryl said:

    I gave up watching those pompus asses a long time ago.

35. #35
    On March 18th, 2009 at 2:33 pm, babbledabble said:

    Regardless of what you think of AIG, to think that Liddy who makes $1 a year has to sit there & endure the miserable treatment from congress is unbelieveable. Too bad he can’t tell them all to pound sand.
    And when is someone going to start pounding on the Freddy & Fanny folks?

36. #36
    On March 18th, 2009 at 2:35 pm, NJ-Aviator said:

    I hope AIG defies Frank and refuses to turn over the names.

    And if they do turn them over, everyone one of these people should tell congress to shove it. They are are WAY out of line.

37. #37
    On March 18th, 2009 at 2:38 pm, Paul Revere said:

    I would sue the HELL out of Barney Frank if my names was one of the ones exposed.

38. #38
    On March 18th, 2009 at 2:39 pm, Room 237 said:

    I was just watching a little and Liddy said that the bonuses were paid to employees of the financial products subsidiary.

    That is the subsidiary that got AIG in this mess in the first place. They should not be retaining those folks, they should be dumping them and finding new people.

    This is what happens when the government buys a company. Good luck with health care every one. You hate the health insurance companies now? (and who doesn’t) Wait until Joe Biden is the health care czar.

39. #39
    On March 18th, 2009 at 2:42 pm, Insomniac said:

    Q: The NY Federal Reserve should be called to account.

    Didn’t TIMMAY!!! head this up until recently? And, since I’m not watching the show trial public flogging pillorying hearing, for what exactly are they saying the NY Federal Reserve should be called to account?

40. #41
    On March 18th, 2009 at 2:44 pm, hawkeye54 said:

    Q: The NY Federal Reserve should be called to account.

    A: The Federal Reserve should be abolished.

41. #42
    On March 18th, 2009 at 2:44 pm, NJ-Aviator said:

    Yeah.. if they release these names publicly, these people would essentially be put in harms way by Frank. If it were my family, Frank would be wishing he never entered public service.

42. #43
    On March 18th, 2009 at 2:45 pm, BlameAmericaLast said:

    So, the Code Pinkos want their money back, huh?

    How can you get something back that you didn’t give in the first place.

    If they have all this time on their hands to attend and disrupt congressional hearings, they’re obviously not paying any income taxes. Get a life.

43. #44
    On March 18th, 2009 at 2:46 pm, Romeo13 said:

    On March 18th, 2009 at 2:39 pm, Room 237 said:

    Heres what I think happened.

    There were head people of the unit, who were fired. They are the ones who messed everything up.

    Under them you had high level managers who had contacts and took care of various pieces of the business. These folks were told IF you can wind down this business, using your knowledge and contacts, we’ll pay you a bonus.

    Its like the Generals screwed up, so you fired em, but kept the Seargents on to fix as much of the problem as they could…

44. #45
    On March 18th, 2009 at 2:47 pm, wighttrasch said:

    Ah yes–the affluent effluent.

45. #46
    On March 18th, 2009 at 2:49 pm, rfjjulie said:

    On my lunch hour, so couldn’t read all comments. Correct me if I’m wrong, wasn’t Gietner head of the NY Fed prior to Odumbo appointing him to SOT?

    He should have know a long time ago.

46. #48
    On March 18th, 2009 at 2:56 pm, ThatSamIAm said:

    THE PHRASE ‘PASS THE BUCK’ HAS NEVER MEANT SO MUCH.

    A bunch of idiot criminals in congress trying to dump all the blame for a problem they created onto one guy and one company. But they can’t undo the noose around their socialist necks. Bawney Fwank, Dodd, Pelosi, Reid, Obama have not problem writing checks that WE have to cash.

    Obama is a dumbass! and so is the rest of his merry band of thieves.

47. #49
    On March 18th, 2009 at 2:56 pm, feebiebabe said:

    There were head people of the unit, who were fired. They are the ones who messed everything up.

    Under them you had high level managers who had contacts and took care of various pieces of the business. These folks were told IF you can wind down this business, using your knowledge and contacts, we’ll pay you a bonus.

    Ya! Head unit in London Products unit. They uncovered this in March of last year when they fired Joseph Cassano, the head of the unit who walked away with over $3.4 million in bonuses.

    Im sure they didnt bother to check his resume, that he was part of the Junk Bonds scandle in the 80’s…but whatever.

    

48. #50
    On March 18th, 2009 at 2:56 pm, txvet2 said:

    On March 18th, 2009 at 2:08 pm, Misscheryl said:

    If this has already been mentioned, I apologize:

    Fannie plans bonuses of up to $611K for 4 execs
    Fannie Mae plans bonuses of up to $611,000 for 4 executives; Freddie Mac has similar plans Alan Zibel, AP Real Estate Writer
    Wednesday March 18, 2009, 2:00 pm EDT

    Here’s the link.

49. #52
    On March 18th, 2009 at 3:00 pm, Salt said:

    On March 18th, 2009 at 2:25 pm, jjmurphy said:

    I have not heard any evidence the people who received these bonuses violated any laws. They had contracts with AIG that entitled them to these bonuses. No provision of the bailout contradicted these contracts. Why should their personal information be given to Congress? Why should they be asked to return AN of the bonus? (I make nothing compared to these bonuses, but that is my problem, not theirs.)

    I agree with you, jjmurphy. I am curious as to the terms of the subpoena which requests information when no crime has been committed.

    The deception seems to be to create an image in the American public’s mind that a bunch of cigar-smoking, fat cats sat around a large conference table and said: “Hey, the government is giving us money… we should give ourselves bonuses.”

    Retention payments are really more like deferred salary. Congress may not like the recruitment practice, but they’re a bit late to the game in complaining about it. It’s a shame that the ex post facto law only applies to criminal laws and not civil ones as they seek to punish these executives.

    If they get rid of these payments, does that mean we can ignore balloon payments on loans as well?

    What options does Liddy have in refusing to disclose these names? The Code Pink idiots are example enough that these individuals will be threatened by an ignorant public which does not understand what really happened here.

50. #54
    On March 18th, 2009 at 3:02 pm, Pasadena Phil said:

    Michelle: Hensarling also made the very trenchant observation that AIG has been reduced to being a pass-through intermediary of bailout funds to other entities (I’m assuming he’s talking about the European banks and Goldman Sachs).

    In other words, it’s not about saving an already failed business but use it as a fig-leaf to mask and obscure other controversial activity.

51. #55
    On March 18th, 2009 at 3:03 pm, legalimmigrant said:

    Watching this testimony is driving me crazy. The people that run our country are STUPID. I have never heard so many BS questions – and don’t they listen to anything Libby has said all day…..????? If they do, they have a very short retention span. These people make me very afraid.

52. #56
    On March 18th, 2009 at 3:08 pm, MNUSMCDavid said:

    Barney Fraud is a piece of crap posing as a Gay government shill. He is beneath contempt as are the other frauds trying this witch hunt. Revolution is coming.

53. #57
    On March 18th, 2009 at 3:13 pm, Pasadena Phil said:

    legalimmigrant: they aren’t all stupid. Most of them are just making speeches for campaign video but others, like Hensarling, do good work.

    The key is to follow the Kabuki Play. This committee is most interesting when Barney Frank is actually presiding. You can see him steering events by cutting off certain speakers or re-phrasing what they said or even answering some of the questions directed at those appearing before it. Today’s testimony is only remarkable for the outrageous hypocrisy on display.

    Even Liddy is being cute at moments. One minute, he claims to be trying to save AIG then later describes what he is doing as “disaggregation”. In other words, he is just trying to salvage enough value in the company so as to sell the company in pieces later. The hope is that there will be enough money generated to pay back the taxpayers in full. That is not “saving” the company. But it is a sensible strategy.

    The problem is that he did not adequately answer Hensarling’s question about why it wouldn’t have been better to simply do the same thing via bankruptcy.

54. #58
    On March 18th, 2009 at 3:14 pm, happyscrapper said:

    On March 18th, 2009 at 2:33 pm, babbledabble said:
    Regardless of what you think of AIG, to think that Liddy who makes $1 a year has to sit there & endure the miserable treatment from congress is unbelieveable. Too bad he can’t tell them all to pound sand.
    And when is someone going to start pounding on the Freddy & Fanny folks?

    My sentiments exactly! Just listening for a few minute, which is all my blood pressure could take, I heard so many lies and distortions coming from the “committee”, I couldn’t believe my ears! These unbelievable doofuses who are being totally rude to Mr. Liddy, and lying through their teeth besides, should be jailed. And, Mr. Liddy, you are not getting paid enough to go through this. $1.00 a year??? Tell them to take that job and shove it!!

55. #59
    On March 18th, 2009 at 3:16 pm, MacEamonn said:

    He just noted that he has asked employees to give back half the bonuses and some will return 100 percent.

    If I had a contract that said I get the money in consideration for work provided then I’d have to tell management and Congress to go “pound sand”!

56. #61
    On March 18th, 2009 at 3:18 pm, Rogue Cheddar said:

    I liken this to the old Punch and Judy Show. I really want to see someone punch the crap out of Frank.. er I mean Judy!

57. #63
    On March 18th, 2009 at 3:20 pm, J S Ragman said:

    I’ve got a simpler solution to the whole bonus mess. Instead of cash bonuses, give the AIG people stock options, of AIG common, with a strike price of about $5 a share (currently trading at $1.32).

    These options would vest over a five year period, and expire in 10 years, or, if they leave the company, within 90 days. That way, they would have to at least quadruple the value of the stock on their watch, and if they were to leave before the stock recovers, they would get zippo.

    That’s the way stock options work for most employees of big firms now.

58. #64
    On March 18th, 2009 at 3:23 pm, ErinF said:

    Shouldn’t Code Stink be protesting obama’s public appearances? You know, since he’s not exactly pulling us out of the war, and whatnot?

59. #65
    On March 18th, 2009 at 3:24 pm, love2rumba said:

    J S Ragman, your idea is capital!

60. #66
    On March 18th, 2009 at 3:30 pm, FedUp said:

    While I’m not in favor of all the bailouts, I’m outraged over the faux outrage of the morons quizzing Mr. Liddy. Why don’t they STFU and take some responsibility for the mess that THEY created. They stripped the measure out of the bailout that would have prohibited the bonuses. Thanks to C. Dodderer, he made it possible for AIG to keep the bonuses. Dodd needs to be put out to pasture.

    The most ethical administration evah is responsible for this mess and they should be called to account for it!
    MORONS!!!!

61. #67
    On March 18th, 2009 at 3:30 pm, cheapseat said:

    js ragman, of course that is the answer, but mr geithner is too smart to figure out that paying these people in their own stock instead of cash is only logical.

62. #69
    On March 18th, 2009 at 3:32 pm, Flyoverman said:

    Michelle wrote in the headline:

    “Code Pinkos scolded, Barney Frank on a witch hunt.”

    Michelle, if Code Pink and Barney were in the same room, wouldn’t Barney by definition have already hunted down his witches?

    Just asking.

63. #70
    On March 18th, 2009 at 3:34 pm, Flyoverman said:

    On March 18th, 2009 at 3:23 pm, ErinF said:
    Shouldn’t Code Stink be protesting obama’s public appearances? You know, since he’s not exactly pulling us out of the war, and whatnot?

    Erin, I can explain. Since Obama is not pulling out from the Left as opposed to not pulling out from the Right, his war policy is acceptable.

    It’s not the act, but the direction that it comes from.

64. #71
    On March 18th, 2009 at 3:35 pm, 24Klady said:

    Now Shep over at Fox is outraged. Better look out now folks!

    Please oh please will one of the polling companies call me so that I can tell them what I reaaaallly think of Congress.

    I worked for a bankruptsy court to wind down a company some years ago, and yep, I got one of those really great retention bonuses too. The court also paid vacation and health benefits. Plus, I could take off just about any time I wanted to look for another job.

65. #72
    On March 18th, 2009 at 3:41 pm, Room 237 said:

    Doesn’t any member of Code Pink have a job? Or did they get everything when their husbands left the screaming harpies to marry their 25 year old secretaries?

66. #73
    On March 18th, 2009 at 3:48 pm, happyscrapper said:

    On March 18th, 2009 at 3:16 pm, MacEamonn said:
    He just noted that he has asked employees to give back half the bonuses and some will return 100 percent.
    If I had a contract that said I get the money in consideration for work provided then I’d have to tell management and Congress to go “pound sand”!

    If it was me, they would have to come and find me in some tropical place where they had no jurisdiction. Then I would spend the rest of my life sipping pina colatas and thumbing my nose at those morons. Of course, I would take my kids and grandkids with me. If those people choose to keep their bonuses, they’d better get, 1. Protection and 2. a lawyer. Also, if anything happens to any of them, Barnyard Frank should be tried for murder.

67. #74
    On March 18th, 2009 at 3:50 pm, J S Ragman said:

    Well, up until 2007, when Wall Street was granting itself gargantuan bonus packages of stock options, everyone was squawking about the “obscene” pay. What a difference 2 years, and a 7,000 point drop in the Dow can make. Now that the stock of so many financials has dropped by 90 percent or more, I would think it is only poetic justice.

    And the stock option bonus plan would certainly be one way to separate the men from the boys, unlike in Barney Frank’s world, where it must be done with a crowbar.

68. #75
    On March 18th, 2009 at 3:52 pm, Mercy4Me said:

    Smoke and Mirrors here people!!!!

    lets pull the curtain back and find out why 60 Billion went to European banks.

    thats my outrage.

69. #76
    On March 18th, 2009 at 3:56 pm, Salt said:

    On March 18th, 2009 at 3:41 pm, Room 237 said:

    Doesn’t any member of Code Pink have a job? Or did they get everything when their husbands left the screaming harpies to marry their 25 year old secretaries?

    They’ve probably found a way to get bailout money. Perhaps they are being subsidized by ACORN.

70. #77
    On March 18th, 2009 at 4:09 pm, lwssdd said:

    When they say we are using “Fear Tactics,” I say we have a lot to be afraid of. We have from the President to heads of committees calling for the HEADS of private citizens (AIG Execs). They intend to string them up and destroy their lives. WHO will they target next?!

    This administration has a record of going after private citizens with the intent to destroy their lives. All this to advance their political agenda

71. #78
    On March 18th, 2009 at 4:33 pm, shooter said:

    WE KNEW when obama and pelosi LEFT TOWN before the spendulus package ink was dry but REFUSED to allow a single soul to read it… for four days.

    I have NEVER been so mad at the deceit and outright lies by a president and his admin in my life, attempting to blame anyone and everyone else but their own co-conspirators, going so far as to BREAK LAWS by hinting at destroying forever contract integrity in America. And by attempting to legislate punitive taxes at 100% retroactively to cover their own arses?

    Obama should be impeached and thrown out.
    Dodd – JAIL.
    PELOSI- JAIL.
    FRANK- JAIL.
    Geithner- Jail and asylum for the incompetent.
    and the list will grow.

    This, to me, is beyond just criminal, it borders on treasonous.
    (a violation of allegiance to one’s sovereign or to one’s state.
    -the betrayal of a trust or confidence; breach of faith; treachery.)
    They swore to UPHOLD the Constitution of the US.
    They are all at fault and in violation of their oath.

72. #79
    On March 18th, 2009 at 4:38 pm, jjmurphy said:

    Neal Boortz pointed out a pertinent section of the U.S. Constitution this morning:

    Section 9 – Limits on Congress

    No Bill of Attainder or ex post facto Law shall be passed.

    Section 10 – Powers prohibited of States

    No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

    Scum, pure scum.

73. #80
    On March 18th, 2009 at 5:12 pm, shooter said:

    What would YOU do for a dollar a year?
    Run AIG?

74. #81
    On March 18th, 2009 at 5:32 pm, T-Bone said:

    Liddy: We “blindly follow[ed] legal advice.”

    Now that is a stupid statement. But coming from a failed company, it does make sense.

    We blindly entered into contracts

    We blindly developed new financial instruments.

    We blindly pay our employees.

    We blindly buy into business opportunities.

    We blindly rely on our accounting people.

    We blindly do what people tell us but can’t figure out why we failed. (past tense)

75. #83
    On March 18th, 2009 at 5:51 pm, HappyGene said:

    One more Mr. Bone if I may.
    We blindly contributed money to the Democrat Party along with the rest of the street.
    I don’t know for sure but wasn’t the financial industry right behind trial lawers in Democrat contributions? Kinda hope I’m wrong, but I think they were.

76. #84
    On March 18th, 2009 at 6:03 pm, Speakup said:

    Lahws! We don nee no sting,ging lahws!

77. #85
    On March 18th, 2009 at 6:26 pm, rightisright said:

    He just noted that he has asked employees to give back half the bonuses and some will return 100 percent.

    Is the Bank Queen going to have Freddie and Fanny exc’s give their bonus back?

78. #86
    On March 18th, 2009 at 6:49 pm, happyscrapper said:

    This, to me, is beyond just criminal, it borders on treasonous.

    Shooter, I think they crossed that border a long time ago.

    The dems have formed a circular firing squad and I am waiting for the first one to go down. Popcorn is ready.

79. #88
    On March 18th, 2009 at 9:15 pm, laugrat said:

    The circus in DC by the members of the House Financial Service Subcommittee was one of the most shameless, embarrassing moments on Capitol Hill that I have ever witnessed. If it were not so frightening, it would be hilariously funny.

    There wasn’t a person with any integrity to be seen. Barney Frank was a ’shameless’ hypocrit. The rest were no better.

    To demonize all of those at AIG who received a bonus, without knowing who they are, or what ‘wrong’ they committed is beyond the pale. The contracts that AIG signed to these people was no secret to anyone, including Congress and the White House. There was agreement to this in the “Stimulus package” that no one read.

    Schumer gets up in Congress and threatens to write a tax law to punish American citizens who have broken absolutely no laws. Since when does a Senator have the right to use tax law to punish individuals that ‘offend him’. He’s an offense to this country and to the liberties that our Constitution guarantees. I believe anyone in Congress that endorses using legislation targeted at individuals is guilty of abuse of power and should be impeached.

    It is incredible that a body such as Congress with so many damn lawyers doesn’t have anyone who actually understands the Constitution.

    What a sham. It’s time we took back our country and threw these people out. Term limits is beginning to look pretty good these days.

    Is it legal to write a law demanding that Congress return the American public it’s money??? Maybe a lawsuit?

    I’ve never been more ashamed of our government.

80. #89
    On March 18th, 2009 at 10:05 pm, tbear44 said:

    Someone needs to take Bawney Fwank out behind the woodshed and give him a good paddlin’. Oh wait, he might like that.

81. #90
    On March 18th, 2009 at 10:25 pm, happyscrapper said:

    These wackos in congress are really starting to piss me off. There is going to be a day of reckoning and it is very near!

82. #91
    On March 18th, 2009 at 11:16 pm, ArizonaNeanderthal said:

    Edward Liddy could have told Congress and Treasury to “take this job and shove it”. I would have cheered.

    Every anti-business, anti-capital accumulation, anti-individual rights the Eurotrash and Canadians have tried and failed is coming at us big time.

    Rule by men, not law–an excellent formula for Fascism-with or without the Happy Face. Remember this my Liberal friends: the tyrants always cull their own first-from Alexander the Great to Caesar, Old Henry the VIII to Stalin to Pol Pot their allies are the first. William Ayres is on call.

    America-you will be missed.

    —
    Keep the change-I’ll keep my guns

83. #92
    On March 19th, 2009 at 12:28 am, jbirish said:

    After coming out of retirement at the request of the government, to help with the AIG mess, then doing it for $1 a year, only to have these criminal government morons insult him….if that had been me? I would have taken a “now worthless dollar” out of my pocket, thrown it in their faces and told them to “stuff it where the sun don’t shine”!

    This is NOT about AIG bonuses! That’s “chicken feed” compared to the big $$ spending in the omnibus bill!
    What it’s going to be about, is the nefarious actions of those on the Hill. We’re beginning to get the real picture of the closet politics by Congress and they’re getting nervous. People are digging into their covert actions and following them with video cameras, catching in real time the real story. We are no longer buying it. We’re being shown who, and what they really are. Shine the light and the roaches scurry! What fun!

84. #93
    On March 19th, 2009 at 4:53 pm, FirstSkirt said:

    This debacle is all on the dems. Where are the Republicans in this dog fight? Why aren’t they out there, everywhere, defending the rule of law? I am disgusted with the ENTIRE LOT OF THEM. They will NEVER ALLOW term limits–the vast majority of both parties are nothing but felons and have lost all of my respect. Well, re-elections come around – NO INCUMBENTS.