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Follow the Bailout Cash

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  • Posted By: Brettsky69 @ 03/29/2009 7:42:58 PM

    ABSOLUTELY AMAZING Madoff, AIG Why do so few of you SEE BEYOND THE SMOKE AND MIRRORS.
    I WILL SPELL IT OUT FOR YOU. THE GOVERNMENT IS BURNING A SACRAFICIAL LAMB AIG IN ORDER TO TAKE YOUR ATTENTION FROM WHERE THE MAJORITY OF THE MONEY IS REALLY GOING AND WHY. THEY HAVE YOU ALL FIXATED ON $100,000,000 ($100Million) in bonuses to these AIG (insert fav. profanity here) WHILE THERE IS $750,000,000,000 ($750 Trillion) GOING OUT THE BACK DOOR TO WHATEVER BANK WAS CONRIBUTING THE MOST TO CONGRESSIONAL LEADERS. WHY DO YOU THINK THEY LET BEHR STEARNS AND LEHMAN'S FAIL BUT NOT AIG OR CITI OR B of A. HELLO PEOPLE WAKE THE #### UP AND SMELL THE RAT(S). LOOK AND SEE THAT THE COMPANIES WHO RECIEVED THE MOST BAILOUT CASH WERE THE ONES THAT CONTRIBUTED THE MOST MONEY TO ELECTIONS AND "FAVOURITE CHARITIES" TAKE YOU EYES OFF THE SMOKE IT'S ALL B.S. PUT OUT TO BLIND YOU OF WHAT'S REALLY GOING ON. UNFORTUNATELY IT SEEMS TO BE WORKING.

  • Posted By: jeanee @ 03/23/2009 10:02:10 PM

    If you want to see corruption just look at ACORN. Then follow the money. Both parties are so dirty the dirt rubs off on anything it touches.

    • Posted By: Osama Bin Login @ 03/24/2009 11:23:20 AM

      Why look at Acorn when we can look at people like Dodd and the scumbags at AIG, etc?

      • Posted By: chabuka @ 03/27/2009 6:43:59 PM

        You don't know WTF you are talking about...!

  • Posted By: chabuka @ 03/27/2009 6:43:02 PM

    Don't you, "them" versus "us" morons get it...? Both parties are selling us out, for their own personal interests..their walletts..there is no such thing as one party that is less corrupt or less susceptible..they put on a dog and pony show (for you) arguing about their differences in "policies" or morals or what ever will distract you (keeping you divided and unwilling to unite )...but they really only want the money and the legislative power to make it all "legal"

  • Posted By: chabuka @ 03/27/2009 6:33:05 PM

    Bend over liberally slather on the vaseline and spread those cheeks...!

  • Posted By: Robert Smyth @ 03/22/2009 11:53:13 AM

    Chill out people...The AIG bonuses are .1%, that's 1/1000ths of the bailout money they received. You should be viewing this as the art of misdirection. To focus all the anger and media attention on .1% of the total package is ludicrous. Going after the folks getting bonuses is too easy because they put a tangible face on the crises, but does nothing to bring clarity and understanding to this extremely complex issue. Yes, I'm pissed, but more concerned about the impact on national debt and the rampant deficit spending. Go after the sacred cows....seriously cut back defense spending, shut down some of the 700 military bases we have all over the world, and yes, increase taxes!!! Don't be afraid of "socialized" health care. We already have "socialized" police, firemen, etc. Grow up people...communism failed not because of the socialistic aspects but because of corruption and other myriad forces.

    • Posted By: TNBirdman @ 03/26/2009 10:54:07 AM

      I think they should take a paycut and be lucky they have a job. Instead we give taxpayer money for their bonuses. I don;t care if it was 10 cents, this is wrong. there is too many jobs being lost and I am sure these execs are in the fore front requesting the cuts. This money was to help get folks jobs and back to work. Not for their new Ferrari while their workers tell their children they have to go without a meal since there is no job anymore. Oh and by the way the poor slobs and his children have to pay for that exec bonus in futuire taxes.
      Why can;t the exec find another job himself and be laid off? That would most likely save a few million jobs in the USA, since evey exec is way overpaid. Let them get a bit of the hard life instead of everyone else.

      • Posted By: PatrickHenry007 @ 03/27/2009 11:34:56 AM

        Yeah!!!!
        From each according to his abilities, to each according to his needs.!!!!

    • Posted By: PatrickHenry007 @ 03/24/2009 4:38:47 PM

      also, I could not disagree with you more, but I will fight for your right to say it.

    • Posted By: PatrickHenry007 @ 03/24/2009 4:18:46 PM

      how about the BILLIONS sent to bail out banks in Europe? So your money went to pay to keep a german bank open so the VP can have 8 weeks of vacation a year. I remember something about American tax money paying foreign interests being un constitutional......

  • Posted By: TNBirdman @ 03/26/2009 10:46:16 AM

    I see a lot of comments here. But in these times where times are tight and people being laid off, why should AIG execs get any bonus at all? They still have their saliaries. OH yes but is ony a million dollars and execs can't live on this per year.

    Do they really deserve one and be using bailout money for this? How about the Fannie Mae and Freddie Mac exec bonuses? Why do only execs get them and other folks downsized and losing their jobs? Shouldn;t the bailout be used for keeping jobs not just to execs that then state there is no money for workers?

    So we use government money to keep the execs happy so they can lay off the workers?

    We all knew the massive bailout plan was going to be pay back for campain contributions. This was just payback for the election. What do you expect with the amount of money thrown into the election campaining would cause?

    So between the kickbacks, paybacks, and bonuses, I am suprised there is anything left to the poor working soul. But that is the econominc stilmulus package. Give the money to execs and congressman and hope it trickes down. Maybe we could get wetback jobs and clean their yards.

    • Posted By: PatrickHenry007 @ 03/27/2009 11:33:33 AM

      The system is broken, we need someone to step up and do what is right. but we are still America. A country where with the right hard work, attitude and a little luck you can be more successful then anywhere else in the world. This is what makes us great. Do not lose sight of this. Sure times are tough but I can and will do everything I can to ensure my family has a roof over its head and food on the table. There are too many people wanting a hand out instead of a hand up. God lets us fall down so we can learn how to get back up.
      As for AIG bonus' I would like for you to consider a scenario. You are wroking at your job in the widget division. You are breaking production and sales records, you contribute over 100million in PROFIT to the companies bottom line. Now your company also manufactures and sells sprockets. And the sprocket bubble has burst dragging down your whole company. You and your division are still killing it but your company is in SERIOUS trouble. The president comes to YOU and says, look, we need your help. I want you to FORGO your salary for the next yr, take a $1.00 annual salary but if you do, and you stick it out with us AND YOU KEEP YOUR DIVISIONS PROFITS SKY HIGH then I will give you a bouns of 10% of your annual profit. You agree. ABC company comes to you 1 month later, offers you a better job for money money annually. You choose not to go because you know your retention bonus will be more. 4 months later, XYZ offers you a better job, with a more stable company with a better salary. You decline. Well, here it is 1 year later, you have contributed 120 million dollars in PROFIT to your companies bottom line. Time for your payday???

  • Posted By: PatrickHenry007 @ 03/24/2009 10:02:33 AM

    Folks. a nation divided is a nation conquered. This is a new ERA. For the past 40 years you've been RIGHT or LEFT and ready to bash each other. It is different. We may not all agree on everything but we must all agree on this. There is only RIGHT and WRONG and this is WRONG. There is on Republicrat and Demorican. They are the same, taking freedoms, taking the power, and our liberties. ENOUGH! When are you all going to wake up? What will it take?? Our forefathers suffered and sacrificed more to ensure the very thing that is happening now, never happened. Yet we are more outraged that the president is preempting American Idol, then the fact that they are taking more of our freedom and money to make them more powerful.
    I say, ENOUGH.

    • Posted By: Osama Bin Login @ 03/24/2009 11:22:25 AM

      Agreed. The whole right and left paradigm is garbage, and has been for about 30 years.

      • Posted By: Disulfate @ 03/26/2009 7:58:32 PM

        I agree with TNBirdman on everything he says.

  • Posted By: TNTaylor @ 03/25/2009 5:09:35 PM

    This Independent candidate for Congress opposes the TARP, opposes the receipt of campaign donations by Bart Gordon from TARP recipients, and opposes the selective taxation plan exacted by Congress for political purposes on AIG/AIU/IOU executives: http://tennesseetaylorfor6th.blogspot.com/2009/03/blackmail-worked.html

  • Posted By: TNTaylor @ 03/25/2009 5:05:51 PM

    If this doesn't cause Congressmen like Bart Gordon, a long time recipient of BoA and other banking interest campaign dollars to be replaced by candidates like TNTaylor, http://tennesseetaylorfor6th.blogspot.com/2009/03/blackmail-worked.html , one must wonder what it will take for citizens to realize what their "representatives" are doing.

  • Posted By: MDMECHANICAL1 @ 03/24/2009 6:19:41 PM

    WE AS TAX PAYERS AND VOTERS SHOULD STAND UP AND STOP ALL THE CRIME IN OUR ELECTED OFFICIALS. EVERY ONE WHO ACCEPTS THESE FUNDS SHOULD BE REMOVED FROM OFFICE IMMEDIATELY. IF WE THE PEOPLE WOULD STAND UP AND FIGHT FOR WHAT WE EXPECT OUR ELECTED OFFICIALS TO DO AND STAND FOR, OUR COUNTRY WOULD START MAKING A TURN FOR THE BETTER. AS LONG AS WE JUST SIT AND WAIT, WE WILL GET MORE OF THE SAME!!!

  • Posted By: PatrickHenry007 @ 03/24/2009 4:33:32 PM

    Who here believes that ANY politician has your best interest in mind. They can't all be bad.......can they?

  • Posted By: PatrickHenry007 @ 03/24/2009 4:30:10 PM

    The mortgage mess started this all right?? Loans going ino foreclosure....risky loans not being paid. Wasn't that what PMI was for? When ANYONE took out a loan for more then 80% of the houses worth they had to pay for mortgage insurance. If the loan defaulted then the bank foreclosed and the PMI company PAID the difference between sale value and principal owned. To this day millions of American continue to pay their month PMI on thier loans but PMI is not making these lenders whole and covering thier losses??? WHY NOT? Because that would be too easy? Someone tell me.

  • Posted By: Ozark_Sunshine @ 03/24/2009 11:26:59 AM

    It is a shame that Newsweek was too political to show the connection between Obama, Dodd, Franks, Reid and Pelosi before the election. Newsweek is no longer a valid or credible source of news. They protected Obama and the Dems for too long. I look forward to this POS rag to go out of business, because it is nothing more than a socialist mouthpiece like the rest of the mainstream media.

    • Posted By: Osama Bin Login @ 03/24/2009 2:52:42 PM

      So why are you here? Bugger off to freerepublic or whatever other whackjob conspiracy site turns you on.

      • Posted By: PatrickHenry007 @ 03/24/2009 4:25:46 PM

        The media, all of them, are lapdogs to the politicians. You cannot trust them to give you an unbiased opinion. They are fully engaged in keeping each of you at each others throat while the politicans get more power. Do you honestly think they do not have and push an agenda? None of them. What happened to delivering all of the facts and letting us make a decision? Case in point. Everyone knows about the AIG bonuses but how many of you know that AIG sent BILLIONS to foreign banks? BILLIONS???

  • Posted By: Berserker @ 03/22/2009 11:55:02 AM

    Our government has stopped representing the public. Ever since the advent of the "professional politician"...the guy who went to Washington, D.C., and stayed there, the people have lost effective representation. When a politician knew he was coming home in 4 or 6 years to resume and earn a living in his home town, he voted in the interest of that town, or state, or county. As soon as he realized that he was not coming back, except to buy votes, his focus becomes what all of us feel..."Protect your Job." The money we pay legislators is not enough for them to take the responsibility...they take it for the prestige and the power. And power leads to corruption...always, especially if given time. There was a good reason that Congress exempted themselves from application of the RICO statutes...they knew what they were doing. The major reason the Organized Crime is a crime it that the Congress didn't want the competition...it made them look bad. This article is just another piece of evidence in a long history that the public and the press ignore of how the government steals from all of us for their own personal aggrandizement But...we put up with it, so we deserve it and maybe we should stop complaining when we get what we deserve.

    • Posted By: PatrickHenry007 @ 03/24/2009 4:15:41 PM

      Where else will people pay 1 million+ to get a job that pays 150k??? SHAM! What will it take?

  • Posted By: laissez faire 2009 @ 03/22/2009 12:10:52 PM

    Eric Cantor is getting 30+ grand in bailout money funneled into his campaign coffers? Nice. I think people are P.O.ed about the AIG bonuses because they are sick of seeing their elected representatives giving the American people lip service but essentially doing the bidding of their corporate masters. Obama is introducing sweeping changes to the regulatory system that will crack down on Wall Street excess and corruption, then we will see who in congress is really with the American people and who are the corporate lap dogs.

    • Posted By: PatrickHenry007 @ 03/24/2009 4:12:03 PM

      Mr. Obama is just a guilty as all the others. Do you not think he got his AIG payola as well? Please. I hope he enacts the kind of legislations you suggest. Maybe he can do it between his Tonight show and Oprah show appearences.

  • Posted By: Osama Bin Login @ 03/24/2009 2:54:25 PM

    "including $2,500 to House GOP Whip Eric Cantor, who also got $10,000 from UBS which, while not a TARP recipient, got $5 billion in bailout funds as an AIG "counterparty." "

    So, it isn't just Dodd and the dems. LOL.

    • Posted By: PatrickHenry007 @ 03/24/2009 4:04:03 PM

      They truly are gangrene. The only cure is removal. all of them. Start over with no "professional" politicians. Like it was meant to be. A diverse collection of Americans with different views and ideas coming together to represent the people. When you organize a "think tank" you get as many different perspectives as possible. This ensures many different solutions. K.I.S.S - Keep it simple stupid.

  • Posted By: wilbrook2003 @ 03/24/2009 1:02:30 PM

    No more incumbents, vote every incumbent republican and democrat out in 2010.
    Join the the tea party: http://www.taxpayerteaparty.com/

  • Posted By: wilbrook2003 @ 03/24/2009 12:59:31 PM

    No more incumbents, vote all republican and democrat incumbents out 2010.

  • Posted By: austin c @ 03/24/2009 11:40:31 AM

    Now people worry about AIG being too big to fall. Why not let it broken up into smaller companies like AT&T did three decades ago according to the anti-trust law. there was one time Microsoft was considered to be too big. The only reason that AIG was not broken up seems to be: it has a long history of giving generously to politicians campaign fund.

  • Posted By: mdgelly @ 03/23/2009 2:01:13 PM

    Just remember....if McCain had gotten in, we wouldn't be having this conversation.

    • Posted By: TXFrank3 @ 03/23/2009 5:07:32 PM

      Wouldn't be having this problem with McCain? Are you insane? The AIG bailout started under Bush. They're ALL a bunch of self-serving criminals. Don't kid yourself. No, I'm NOT an Obama supporter, but if you think this wouldn't be going on just as it is under McCain, you need to get your head out of your......sand box.....

      • Posted By: Ozark_Sunshine @ 03/24/2009 11:31:52 AM

        You are ignorant. Congress was the one who came up with the bailout, though Bush signed it. Bush couldn't do anything about it by himself, it took the Democratic led Congress to write the bill. They are and have been in the pockets fo them for years. But thanks to Bill Clinton and Janet Reno and forcing banks to give bad loans and then Dodd and Franks and the Dems protecting Freddie and Fannie, this has become a full blown disaster. So be real and put the blame where it lies, 95% Dems and 5% Repubs. Quit repeating lies and stick to facts.

        • Posted By: Osama Bin Login @ 03/24/2009 11:36:51 AM

          Are you suggesting Bush didn't push for it from the very beginning?

          Is that your final answer?

    • Posted By: Osama Bin Login @ 03/24/2009 9:33:48 AM

      Yeah, because the banking problem didn't exist until Jan 20, 2009! LOL.

      Idiot.

      • Posted By: Dreamer3240 @ 03/24/2009 10:36:33 AM

        PatrickHenry007 was not implying that there were not problems prior to your socialist, take-over free-enterprise Mr. Obama. All he is say is whether you're a democrat or republican, we as American's have to say enough. Enough to all senators, representatives, presient and vice president! Enough. You cannot take more of my money to give to the 'BIG" guys who we supposedly cannot do without AND take money from them at the same time.

        Idiot -- I think he is not. You, maybe........

        • Posted By: Osama Bin Login @ 03/24/2009 11:21:17 AM

          How many times are you going to write the same message, genius?

          Protip: After you post, hit the refresh button.

      • Posted By: HopeForABetterTomorrow @ 03/24/2009 10:26:32 AM

        PatrickHenry007 was not implying that there were not problems prior to your socialist, take-over free-enterprise Mr. Obama. All he is say is whether you're a democrat or republican, we as American's have to say enough. Enough to all senators, representatives, presient and vice president! Enough. You cannot take more of my money to give to the 'BIG" guys who we supposedly cannot do without AND take money from them at the same time.

        Idiot -- I think he is not. You, maybe........

      • Posted By: HopeForABetterTomorrow @ 03/24/2009 10:24:02 AM

        PatrickHenry007 was not implying that there were not problems prior to your socialist, take-over free-enterprise Mr. Obama. All he is say is whether you're a democrat or republican, we as American's have to say enough. Enough to all senators, representatives, presient and vice president! Enough. You cannot take more of my money to give to the 'BIG" guys who we supposedly cannot do without AND take money from them at the same time.

        Idiot -- I think he is not. You, maybe........

    • Posted By: TXFrank3 @ 03/23/2009 5:07:29 PM

      Wouldn't be having this problem with McCain? Are you insane? The AIG bailout started under Bush. They're ALL a bunch of self-serving criminals. Don't kid yourself. No, I'm NOT an Obama supporter, but if you think this wouldn't be going on just as it is under McCain, you need to get your head out of your......sand box.....

    • Posted By: TXFrank3 @ 03/23/2009 5:06:51 PM

      Wouldn't be having this problem with McCain? Are you insane? The AIG bailout started under Bush. They're ALL a bunch of self-serving criminals. Don't kid yourself. No, I'm NOT an Obama supporter, but if you think this wouldn't be going on just as it is under McCain, you need to get your head out of your......sand box.....

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