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Comments

1. #1
   On March 18th, 2009 at 1:02 pm, Jeff2161 said:

   Barney Frank was unavailable for comment…

   Nothing to see here…Move along.

2. #2
   On March 18th, 2009 at 1:03 pm, hawkeye54 said:

   Surely, you must be kidding!

   Yeah, I know. You’re not and don’t call you Surely:)

3. #3
   On March 18th, 2009 at 1:05 pm, J S Ragman said:

   They’re saving the Freddie Mac issue until the next time they want to hose wounded veterans out of something.

4. #4
   On March 18th, 2009 at 1:09 pm, Romeo13 said:

   Freddie and Fannies bonuses cannot be made illegal… because they financialy support so many Dem Leaders of Congress…

   Oh… wait… crap… so did AIG…

5. #5
   On March 18th, 2009 at 1:09 pm, Defector01 said:

   No

6. #6
   On March 18th, 2009 at 1:10 pm, Special K said:

   Culture of corruption . . . culture of corruption . . . we’re going to clean up Washington . . . culture of corruption . . .

7. #7
   On March 18th, 2009 at 1:14 pm, RedDog said:

   Barney, Chris, keep looking over your shoulders, you will be investigated, you will be prosecuted, and you will go to jail. It has to happen.

8. #8
   On March 18th, 2009 at 1:16 pm, Special K said:

   Barney would actually like to go to jail, take lots of showers with the slippery soap he keeps dropping . . . he needs some other form of punishment! Any ideas?

9. #9
   On March 18th, 2009 at 1:18 pm, On-my-soap-box said:

   The question is too simple and would require a direct answer which is not forthcoming.

10. #10
    On March 18th, 2009 at 1:18 pm, Lucifer Jones said:

    Barney would actually like to go to jail, take lots of showers with the slippery soap he keeps dropping . . . he needs some other form of punishment! Any ideas?

    Leno said that. Barney would also play that infamous Zappa song “Keep it greazy (so it goes down eazy)”

11. #11
    On March 18th, 2009 at 1:19 pm, ACHefty said:

    …he needs some other form of punishment! Any ideas?

    Lifetime subscription and mandatory listening sessions to Rush 24/7! Complete with Paul Shanklin parodies!

12. #12
    On March 18th, 2009 at 1:20 pm, Special K said:

    “I am the banking queeeen!!!!!!!!|

13. #13
    On March 18th, 2009 at 1:21 pm, AlohaGuy said:

    Ed Morrissey: If AIG’s retention bonuses are a problem, why aren’t Freddie Mac’s?

    Barney Frank was unavailable for comment…

    He was in the basement.

14. #14
    On March 18th, 2009 at 1:21 pm, DesertLover said:

    Special K saod …Any ideas?

    Yep … make it a maximum security women’s prison …

15. #15
    On March 18th, 2009 at 1:21 pm, DesertLover said:

    saod = said … finger check

16. #16
    On March 18th, 2009 at 1:23 pm, cheapseat said:

    that’s another obvious question for the propaganda division of the dnc to hide and obfuscate. rather like the question of “Why didn’t you dolts know about these retention bonusses” or “why is aig/taxpayer bailing out european and mideast banks.” Michelle you were absolutely spot on on this mess, they should have gone bankrupt, and reorganized.

17. #17
    On March 18th, 2009 at 1:24 pm, lgm said:

    I think the issue is that not paying the bonuses would be a “credit event” that would trigger lots of credit default swaps on the AIG books. This would amount to an enormous margin call that would bring down AIG.

    In other words, the geniuses at AIG rigged the company to explode if anyone tampers with their bonuses. It’s a form of financo-terrorism

18. #18
    On March 18th, 2009 at 1:26 pm, GladzKravtz said:

    Barney, Chris, keep looking over your shoulders, you will be investigated, you will be prosecuted, and you will go to jail. It has to happen.

    RedDog, but how? Who has the power (and you-know-whats) to make it happen? I’m more frustrated over this (the bringing of people to justice) than anything else.

19. #19
    On March 18th, 2009 at 1:32 pm, John Deaux said:

    On March 18th, 2009 at 1:24 pm, lgm said:

    Do you even read what you post? There’s nothing I can say that wasn’t said better by the principal in the movie “Billy Madison.”

    “What you’ve just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.”

20. #20
    On March 18th, 2009 at 1:32 pm, Cosmo said:

    Barney Frank was unavailable for comment…

    He was most likely combing his hair or ironing his shirt. He does that a lot.

21. #21
    On March 18th, 2009 at 1:36 pm, Rogue Cheddar said:

    On March 18th, 2009 at 1:03 pm, hawkeye54 said:
    Surely, you must be kidding!

    Yeah, I know. You’re not and don’t call you Surely:)

    Rumack: You’d better tell the President we’ve got to land as soon as we can. This AIG bailout has to be gotten to a hospital.
    Elaine Dickinson: A hospital? What is it?
    Rumack: It’s a big building with patients, but that’s not important right now.

22. #22
    On March 18th, 2009 at 1:40 pm, CWinNY said:

    lgm,

    didn’t you post here about how all the earmarks in the omnibus spending bill were an insignificant amount? How is it that a smaller percentage of the bailout money is now financo terrorism?

    You cannot be real. You must be someone who deliberately posts idiotic statements just to see the reactions. Kind of like a kid who tosses a turd in the swimming pool.

23. #23
    On March 18th, 2009 at 1:42 pm, conservativesRus said:

    On March 18th, 2009 at 1:24 pm, lgm said:

    I think the issue is that not paying the bonuses would be a “credit event” that would trigger lots of credit default swaps on the AIG books. This would amount to an enormous margin call that would bring down AIG.

    lgm – I dare you to try to explain what you just wrote.

24. #24
    On March 18th, 2009 at 1:45 pm, bear1909 said:

    On March 18th, 2009 at 1:24 pm, lgm said:
    I think the issue is that not paying the bonuses would be a “credit event” that would trigger lots of credit default swaps on the AIG books. This would amount to an enormous margin call that would bring down AIG.
    In other words, the geniuses at AIG rigged the company to explode if anyone tampers with their bonuses. It’s a form of financo-terrorism

    BWAHAHAHAHAHAH! Evil corporations!!! Burn them!!! Terrorists!!!!! You nincompoop.

    Your Boy in The White House is giving $1 billion to Hamas. Got to cover that up with all this OUTRAGE.

    1 Billion to REAL terrorists. Oh but i forgot, you and your KOS buddies love REAL terrorists because the enemy of your enemy is your friend. They will give you and your lefty morons the Ground Zero you want so you can “hit the reset button” and build your Marxist Utopia. (As if Hamas, Hezbollah and the rest of those rats would allow you gunless dweebs to do anything if it should all go down.)

    But i digress.

    AIG’s FP group could be chapter 11 bankruptcied and the rest of the corporation would be just fine.

    Let them operate. But no. the FP group is tied to Dodd, Obama, and Kerry and the rest of the trough bunnies who got payola from them…so they had to blow a huge whistle and kill a fly with a sledge hammer in order to have an excuse to pay back all those election donations from “around the world”.

    This is a marker being called in. Mark my words it will all come out….the puppet masters are calling in their chips…big time…and our bought and paid for politicians are paying up.

    The payoff to AIG is to prop up foreign banks. Pure and simple. So they will “loooooove us.”

    Bear1909out.

    PS: Somebody stick a sock in Michelle “The Klingon” Obama’s mouth for chrissakes. Who would find inspiration in anything that comes out of her foursided Klingon mouth about the troops…..her nork of a husband is cutting weapons systems and giving HAMAS a billion dollars. I hope somebody asks that yuppie poser what she THINKS about arming the very people our troops are ultimately going to have to go over and kill.

25. #25
    On March 18th, 2009 at 1:46 pm, Oink said:

    Serious question – does Barney Frank have teeth?

26. #26
    On March 18th, 2009 at 1:46 pm, Socky said:

    Hey, give lgm a break. It’s getting harder and harder to defend Dear Leader every day. If we had to do it, most of us would be spewing nonsense, too.

27. #27
    On March 18th, 2009 at 1:46 pm, flmom said:

    lgm said:

    Okay, you’ve convinced me, you and Rosie O’Donnell are pen-pals. I’m sorry, I’ll never doubt you again.

28. #28
    On March 18th, 2009 at 1:48 pm, flmom said:

    Serious question – does Barney Frank have teeth?

    Of course he does, they’re just not in his mouth too often.

29. #29
    On March 18th, 2009 at 1:50 pm, Roman Con said:

    Oink: I’ve no idea. Was he ever in prison?

30. #30
    On March 18th, 2009 at 1:52 pm, granite said:

    In answer to Michelle’s question…

    As the Brits would say:

    Not bloody likely.

31. #31
    On March 18th, 2009 at 1:52 pm, hawkeye54 said:

    It’s getting harder and harder to defend Dear Leader

    Not for Obamaphiles. You’ve heard that love is blind? In the case of Obama worship it’s also deaf and dumb : )

32. #32
    On March 18th, 2009 at 1:53 pm, right_on said:

    Serious question – does Barney Frank have teeth?

    Why, yes. Yes he does…they fold back on hinges, or so I am told.

33. #33
    On March 18th, 2009 at 1:53 pm, hawkeye54 said:

    Oh, I’m sorry for not being PC.

    Dumb = vocally challenged, although dumb, in the mental sense actually works too : )

34. #34
    On March 18th, 2009 at 2:09 pm, RedDog said:

    On March 18th, 2009 at 1:26 pm, GladzKravtz said:
    Barney, Chris, keep looking over your shoulders, you will be investigated, you will be prosecuted, and you will go to jail. It has to happen.
    RedDog, but how? Who has the power (and you-know-whats) to make it happen? I’m more frustrated over this (the bringing of people to justice) than anything else.

    It won’t happen even if Republicans gain power again. Too many skeletons and too easy to block. A tragedy because all the principals in this mega theft have unlimited power with no accountability. A prescription for fraud and malfeasance. My comment was one of hopeful frustration. Mostly frustration.

35. #35
    On March 18th, 2009 at 2:20 pm, RedDog said:

    On March 18th, 2009 at 1:42 pm, conservativesRus said:
    On March 18th, 2009 at 1:24 pm, lgm said:

    lgm – I dare you to try to explain what you just wrote.

    Rus: That is impossible. lgm has one of those magnet word lexicon games where you can mix and match whatever financial words you want, to concoct the most ridiculous sentences possible. It is gibberish, but fun to do. Amaze and astound your friends.

    Let’s do a margin call on a short sale of pork belly futures and sell-off at the earliest possible trigger point based on the mark to market re-valuation of Barney Frank’s sex toy inventory, thereby bringing down the federal government.

    See? Anybody can do it.

36. #36
    On March 18th, 2009 at 2:21 pm, Kevin K. said:

    [from MM's text at the top:]
    

    Ed Morrissey: If AIG’s retention bonuses are a problem, why aren’t Freddie Mac’s?

    Freddie Mac is a creation of the federal government, therefore partially protected. AIG, although now 80% owned by the federal government, was originally private, so is inherently evil, and needs to be punished.

    Besides, one target at a time, or the masses might be distracted enough to actually look at what the fake controversy is masking. (Yes, the bonuses are a lot of money, but we’re looking at less than 1% of the bailout. Round off errors probably add up to more.)

37. #37
    On March 18th, 2009 at 2:26 pm, Flyoverman said:

    Well why in the SAM HILL do you think there is all this stink over AIG?

    All warfare is based on deception.

    Besides, Fannie Mae you have Obama trying to end run the Republicans proceedurally and push through Cap and Trade and Health Care without a debate.

    These are the same people ignoring the fact that $58 billion went from AIG bailout money to foreign banks.

    This is the Old Shell Game. Keep a close eye of the pea; assuming there even is one.

38. #38
    On March 18th, 2009 at 2:27 pm, Gorebot said:

    The will soon come when the LGM’s of LeftWingNutWorld finally quit and give up on the The Chosen One.

    Just like many of us did when W. caved on immigration, “affordable housing”, and SEC stewardship.

    Oh the pain…

39. #39
    On March 18th, 2009 at 2:29 pm, Special K said:

    Actually, I’m already talking to a lot of left-wing nuts who are’t too happy. This veteran screw-over will probably be the straw that breaks the camel’s back for the one’s I know.

40. #40
    On March 18th, 2009 at 2:36 pm, Paul Revere said:

    I think Nancy Pelosi’s swamp-draining machines are clogged…or something.

41. #41
    On March 18th, 2009 at 2:43 pm, hawkeye54 said:

    I think Nancy Pelosi’s swamp-draining machines are clogged…or something

    I blame the botox treatements.

42. #42
    On March 18th, 2009 at 2:44 pm, bear1909 said:

    Fannie and Freddie were the funny money engine that allowed AIG FP to run their ponzi scheme in the first place.

    Did Frank, Dodd, and lil bHo even bother to connect the dots before they jumped on their pygmy ponies of outrage?

    Someone is going to unravel this nonsense. lil bHo and Company are making Bernie Madoff look like a boy scout. Ever wonder why that whore copped a plea and bypassed a trial?

    Too many ties to the most ethical congress ever.

    Bear1909 out.

    PS: Frankie Raines, Howard Dean, Nancy Pelosi et al in orange jump suits doing time in GITMO now that we wont have a need to keep jihadis there. Reduce-Reuse-Recycle!

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

    No one in the MSM will ask anything of the sort–it’ll have to be Mattera again, and then all the trolls will say it’s just ‘gotcha’ journalism.

44. #44
    On March 18th, 2009 at 2:47 pm, bear1909 said:

    #35 Red Dog:
    

    et’s do a margin call on a short sale of pork belly futures and sell-off at the earliest possible trigger point based on the mark to market re-valuation of Barney Frank’s sex toy inventory, thereby bringing down the federal government.
    See? Anybody can do it.

    BWAHAHAHAHAAHH!!!! I want one a dem! BWAHAHAHAHAHAHAH yer killin me.

45. #45
    On March 18th, 2009 at 3:11 pm, Rogue Cheddar said:

    On March 18th, 2009 at 1:53 pm, right_on said:
    Serious question – does Barney Frank have teeth?
    Why, yes. Yes he does…they fold back on hinges, or so I am told.

    You mean he can unhinge his jaws much like a giant Anaconda and swallow a pig whole?

46. #46
    On March 18th, 2009 at 3:13 pm, Rogue Cheddar said:

    On March 18th, 2009 at 2:26 pm, Flyoverman said:

    All warfare is based on deception.

    This is the Old Shell Game. Keep a close eye of the pea; assuming there even is one.

    This is Three Card Monty with pelosi as the queen.

47. #47
    On March 18th, 2009 at 3:27 pm, Flyoverman said:

    On March 18th, 2009 at 3:13 pm, Rogue Cheddar said:

    This is Three Card Monty with Pelosi as the queen.

    A big hat tip for that one! Excellent!

48. #48
    On March 18th, 2009 at 3:33 pm, thetoysurgeon said:

    What is it about ethics these people don’t get? If they want AIG bonuses then all TARP recipients don’t get a bonus including fannie and freddie. THats whats wrong..no accountability nor ethics.

49. #49
    On March 18th, 2009 at 3:46 pm, fulldroolcup said:

    Serious question – does Barney Frank have teeth?

    Sure he does — he just forgets to put them back in after visitng the Glory Holes in the House restroom.

50. #50
    On March 18th, 2009 at 4:19 pm, wighttrasch said:

    fulldroolcup—

    oh yes. you went there.

    har!

51. #51
    On March 18th, 2009 at 4:29 pm, JDinTX said:

    A reporter asked Obama about the $100,000 he received from AIG but he didn’t answer the question. He just said he was pleased with his Treasury Secretary.

52. #52
    On March 18th, 2009 at 4:33 pm, Salt said:

    On March 18th, 2009 at 4:29 pm, JDinTX said:

    A reporter asked Obama about the $100,000 he received from AIG but he didn’t answer the question. He just said he was pleased with his Treasury Secretary.

    Someone just lost his White House Press Corps privileges.

53. #53
    On March 18th, 2009 at 4:37 pm, happyscrapper said:

    On March 18th, 2009 at 1:32 pm, John Deaux said: “What you’ve just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.”

    Ha!! Thanks…I needed that!!

54. #54
    On March 18th, 2009 at 4:44 pm, happyscrapper said:

    On March 18th, 2009 at 2:29 pm, Special K said:
    Actually, I’m already talking to a lot of left-wing nuts who are’t too happy. This veteran screw-over will probably be the straw that breaks the camel’s back for the one’s I know.

    I guess the dems can pretty much count out any possible military votes in the next election!

55. #55
    On March 18th, 2009 at 4:45 pm, happyscrapper said:

    I blame the botox treatements.

    I was just wondering…do they ever accidentally do botox treatments on the tongue? Just curious.

56. #56
    On March 18th, 2009 at 4:49 pm, JustAThought said:

    On March 18th, 2009 at 3:11 pm, Rogue Cheddar said:

    On March 18th, 2009 at 1:53 pm, right_on said:
    Serious question – does Barney Frank have teeth?
    Why, yes. Yes he does…they fold back on hinges, or so I am told.

    You mean he can unhinge his jaws much like a giant Anaconda and swallow a pig whole?

    Um, yeah. A pig. Sort of.

57. #57
    On March 18th, 2009 at 7:26 pm, travlinman said:

    On March 18th, 2009 at 2:26 pm, Flyoverman said:

    …This is the Old Shell Game. Keep a close eye of the pea; assuming there even is one.

    I have seen the pea and he is us.

58. #58
    On March 18th, 2009 at 8:15 pm, Papa Louie said:

    Fannie Mae plans to pay retention bonuses of as much as $611,000 each to key executives this year as part of a plan to keep hundreds of employees from leaving the government-controlled company.

    The bonuses are more than double last year’s, which ranged from $200,000 to $260,000.

    I just want to know who is trying to hire all these financial employees that would make these companies fear everyone’s going to leave. Where are they going to go… to Lehman Brothers?

    With all the financial companies that have gone under or have downsized lately, is there really any reason to worry about a shortage of experts in the field right now? There’s got to be something else going on here to explain the doubling of bonuses in a year when they are losing money faster than Donald Trump at a divorce or a bankruptcy hearing.

59. #59
    On March 18th, 2009 at 10:44 pm, jangar said:

    On March 18th, 2009 at 1:14 pm, RedDog said:
    Barney, Chris, keep looking over your shoulders, you will be investigated, you will be prosecuted, and you will go to jail. It has to happen.

    Don’t hold your breath. The affirmative action jacka$$ is in charge now.

60. #60
    On March 19th, 2009 at 9:50 am, lgm said:

    conservativesRus said (#23):

    lgm – I dare you to try to explain what you just wrote.

    The geniuses at AIG rigged the company to explode if the bonuses are not paid in full.

61. #61
    On March 19th, 2009 at 10:05 am, conservativesRus said:

    lgm – that’s a nice statement – but I find zero supporting evidence for the statement in anything else you said in the same paragraph.
    Convince me otherwise.

62. #62
    On March 19th, 2009 at 10:55 am, DBNinKY said:

    The geniuses at AIG rigged the company to explode if the bonuses are not paid in full.

    Two things:

    First, if you’re referring to this being a “poison pill” for AIG if they reneged the bonus payouts, it isn’t.

    At the time the contracts were written, the super-insurer had more than a sufficient amount of cash flow and assets to cover the bonuses. There was never any desire or planning for AIG’s “implosion,” as such thinking was implausible and outside conventional wisdom.

    Second, aren’t you the one who’s always advocating for the country and its industries and sciences to be led by “geniuses” only? Given that most of AIG’s top employees have ivy-league educations and we still end-up w/ devastating performances – perhaps you might wanna rethink your stance.

63. #63
    On March 19th, 2009 at 11:07 am, NJ-Aviator said:

    lgm said:

    Holy crap… you really are THAT ignorant?

    Please… go away. It’s uncomfortable seeing anyone, even you, make that big of an idiot of themselves.

64. #64
    On March 19th, 2009 at 12:17 pm, FirstSkirt said:

    Please check out the article on Sweetness & Light blog about what is written in the constitution which refers to similiarities with this AIG fiasco, citing Article 1. Here’s the link: http://sweetness-light.com/