The AIG Drama

from JoeUser Forums

I have been watching this nonsense unfold all day, and it has been really funny in some ways.  All this fake outrage started when people saw that AIG executives received bonuses that were contractually owed to them, and allowed in Obama’s “stimulus” plan.  The White House won’t give specifics on how or when exactly Obama learned about these  bonuses, but today’s “outrage” looks pretty staged to me.

All day we have politicians, mostly democrats, say some outrageous things like the AIG executives should commit suicide because of what they did.  Wow.  I mean, they seem to go out of their way demanding justice and trials for islamic terrorists, but an American business executive doesn’t even get that.  Talk about screwed up priorities.  And it wouldn’t be complete without Chuck Schumer going on about taxing them 100%, which is what they want to do to income anyways, so what’s really the issue here?

This all really comes down to one thing.  This is what happens when government gets involved in bailouts and other nonsense as they have been doing.  This won’t be the last of it either, expect more of this, and expect democrats to use it as an excuse to put even more restrictions on businesses, whether they received bailout money or not. 

Obama shouldn’t be outraged either.  I mean he received over $100,000 in bonuses, I mean political buyouts during the campaign.  Will he be taxed 100%?  Will he return the money?  Of course not, who will dare question Obama and his associations? 

5,772 views 17 replies
Reply #1 from JoeUser Forums Top

mostly democrats, say some outrageous things like the AIG executives should commit suicide
End of quote

 

"resign or go commit suicide"

--senator charles grassley (r iowa)

happy st partisan day!

Reply #2 from Stardock Forums Top

All day we have politicians, mostly democrats, say some outrageous things like the AIG executives should commit suicide because of what they did.
End of quote

If they were samurai then you wouldn't be complaining.

~Zoo

TouchTasks - Access tasks with ease on Windows touchscreens.
Reply #3 from Stardock Forums Top

"resign or go commit suicide"
--senator charles grassley (r iowa)
happy st partisan day!
End of quote

All day we have politicians, mostly democrats

See KB, reading the whole sentence isn't that hard.  ;)

Reply #4 from JoeUser Forums Top

This is what happens when government gets involved in bailouts
End of quote

Maybe if they'd been competant and moral and done their job right in the first place the government wouldn't hafta get involved.

Reply #5 from Stardock Forums Top

As I said, fake outrage:

WASHINGTON (AP) — Cue the outrage. For months, the Obama administration and members of Congress have known that insurance giant AIG was getting ready to pay huge bonuses while living off government bailouts. It wasn't until the money was flowing and news was trickling out to the public that official Washington rose up in anger and vowed to yank the money back.

Why the sudden furor, just weeks after Barack Obama's team paid out $30 billion in additional aid to the company? So far, the administration has been unable to match its actions to Obama's tough rhetoric on executive compensation. And Congress has been unable or unwilling to restrict bonuses for bailout recipients, despite some lawmakers' repeated efforts to do so.

http://www.google.com/hostednews/ap/article/ALeqM5hEalVdubp5tGI_-bkLMyNULqCjXgD97040E00

Reply #6 from Stardock Forums Top

Maybe if they'd been competant and moral and done their job right in the first place the government wouldn't hafta get involved.
End of quote

What is this dream world you live in?

:grin:

~Zoo

Reply #7 from Stardock Forums Top

If i recall correctly the same guy who put this in the bill (to ok the bonuses) is now trying to change it or something like that. This is definitely change, we changed on set of idiots for another.

 

Reply #8 from JoeUser Forums Top

See KB, reading the whole sentence isn't that hard.
End of quote

i read the whole sentence and realized immediately you were twisting words in hope of conforming fact to your point.  so i thought i'd do my part to keep it real.

Reply #9 from JoeUser Forums Top

twisting words
End of quote

?!?!?!?!?!?!?!?!?  Looked pretty damn straightforward to me.  I just have a science degree, but the grammar seems correct.

Reply #10 from JoeUser Forums Top

I'm sitting here now listening to Dodd tap-dancing about the bonus provision he wrote.  Yesterday, he didn't know who put the date in the language or how, only that it happened 'in reconciliation.'  Today, he casually said that 'Treasury staff came to us' with concerns about the potential for a 'flood of lawsuits' and asked him to put the date in, so he did.  Then he has the nerve to say that because the White House is now using the 'public interest' part of the legislation to go after the bonuses, it's doing exactly what he intended the legislation to do in the first place.

Alice, this Wonderland is a way cool place.

Reply #11 from JoeUser Forums Top

Looked pretty damn straightforward to me
End of quote

had it been worded:

"politicians say some outrageous things like the AIG executives should commit suicide"

i'd have no quibble.

qualifying those politicians who "say some outrageous things like the AIG executives should commit suicide" as "mostly democrats" when, in fact, those outrageous things were said by a republican senator is about as straightforward as astrazeneca suggtesting seroquel helps patients shed pounds.

 

Reply #12 from JoeUser Forums Top

?!?!?!?!?!?!?!?!? Looked pretty damn straightforward to me. I just have a science degree, but the grammar seems correct.
End of quote

People with science degrees, mostly those named Daiwa, don't get what "twisting words" means.

Reply #13 from JoeUser Forums Top

mostly those named Daiwa
End of quote

then we're all doomed. 

daiwa and i don't often agree (which is kinda funny considering it's highly likely each of us considers himself both adherent and guardian of the au h20 legacy).  i do sincerely appreciate his intelligence, tenacity, excellent sense of humor, rationality, innate skepticism and, not last nor least, his admirably gracious demeanor.

he also had--may still have--a hot ride.

besides which, his response set me up with a sweet opportunity to further clarify and enhance my point.

Reply #14 from JoeUser Forums Top

Long as you pop in to Artysim's 'A Republican Speaks' article to make the same point.  ;)

I enjoy my role as straight man (and professional hairsplitter) for kb, but I don't consider myself 'guardian' of much.

Thanks for those kind words, kb - right back at ya.

And, yes - the odometer just turned past 10,400 (I have a short commute).

Reply #15 from Stardock Forums Top

Apparently cyberspace mimics reality.

This post deteriorated down to the semantics of who threatened who. The same distortion and distractions the government is using now. The fathers of this AIG bailout abortion, clearly left out/removed the wording to stop these bonus, which were implemented long ago. Apparently this steaming pile is right off of Chris Dodd's plate. It doesn't take a bloodhound to follow the trail home. They can jump up and down all they want and cry foul of AIG's actions, but that's like arresting the junkie and giving the pusher a free pass.

The Democrat's bait and switch tactic is being over used and people are getting keen on it.

Reply #16 from JoeUser Forums Top

ID,

While I share your sentiments regarding the AIG drama.  It seems to me that this false outrage is more of a distraction to the real issue.  Dodd knew what he was doing, plain and simple. 

I'm not a Glen Beck fan but he did present some interesting informaton.  According to a recent TV show he broke down the delegation of funds that were filtered through AIG.  What I find remarkable is only about 1/3 (around $50Bill) actually went to AIG.  How come there isn't outrage over the $100+bill that was distributed oversees and other countries (ie banks in France) and other US companies (ie. Bank of America). 

Let's not overlook that Dodd also receives a good chunk of money during elections (I forget the amount).

Reply #17 from JoeUser Forums Top

Quoting kingbee, reply 13

mostly those named Daiwa

then we're all doomed. 

daiwa and i don't often agree (which is kinda funny considering it's highly likely each of us considers himself both adherent and guardian of the au h20 legacy).  i do sincerely appreciate his intelligence, tenacity, excellent sense of humor, rationality, innate skepticism and, not last nor least, his admirably gracious demeanor.

he also had--may still have--a hot ride.

besides which, his response set me up with a sweet opportunity to further clarify and enhance my point.
End of kingbee's quote

 

Aww.

I am a little irritated that IslandDog won't fess up to being pwned. I mean, these things happen. Be mature.