Thursday, March 19, 2009

Corrupt Democrats continue with circus sideshow

Barney Fraud, um, Frank and Chris Dodd have been attacking those that received bonuses from government money for the last week. They feel that any entity that is "bailed out' should not pay any bonuses. Well, any bonuses that Chris Dodd did not authorize. So, let's penalize these people and take back their money. All of it. Not just the bonuses......

Fannie Mae/Freddie Mac and all recipients of bonuses should lose that money. What? AIG? Chris Dodd and Congress authorized that money to be paid to AIG, including the bonuses. Hell, the idiots in Congress are grilling the man that THEY put into AIG! Congress owns AIG! Liddy didn't authorize those bonuses. Dodd did. The Grand Inquisitor, Rep. Kanjorski, not only voted for the bill that authorized the bonuses, he voted AGAINST a bill that would have stopped the payment of those bonuses. Kanjorski received $12,000 in AIG contributions during the 2008 political cycle.

If it is lawful to tax AIG officials at confiscatory rates, why not tax Raines and Gorelick for their bonuses from Fannie and Freddie? Let's take back all of the political money, too.

Fannie Mae plans to pay retention bonuses of at least $1 million to four key executives as part of a plan to keep hundreds of employees from leaving the government-controlled company.

Rival mortgage finance company Freddie Mac is planning similar awards, but has not yet reported on which executives will benefit.

The two companies, which together own or back more than half of the home mortgages in the country, have been hobbled by skyrocketing loan defaults. Fannie recently requested $15 billion in federal aid, while Freddie has sought a total of almost $45 billion.

Will Obama give back the money he received from AIG as Senator?

ABC is reporting that AIG gave funds to the Presidential campaigns AFTER getting bail out funds.

Here's the list of top AIG recipients for the 2008 campaign:

1. Sen. Chris Dodd, D-Conn., $103,100
2. Sen. Barack Obama, D-Ill., $101,332
3. Sen. John McCain, R-Ariz., $59,499
4. Sen. Hillary Clinton, D-N.Y., $35,965
5. Sen. Max Baucus, D-Mont., $24,750
6. Former Gov. Mitt Romney, (R) Pres $20,850
7. Sen. Joe Biden, D-Del., $19,975
8. Rep. John Larson, D-Conn, $19,750
9. Sen. John Sununu, R-N.H., $18,500
10. Former Mayor Rudolph Giuliani (R) Pres $13,200
11. Rep. Paul Kanjorski, D-Pa., $12,000
12. Sen. Dick Durbin, D-Ill., $11,000

AIG's CEO Edward Libby, who took the job on the orders of Congress, at $1.oo per year, should stand up and tell Congress where they can put this sideshow. If there is such a problem with this, apparently either Libby is incompetant, or the man who hired him, Sec. of the Treasury Geitner, is incompetent. Cut this short. Let Libby do his job. Or fire him. Or his boss.

Tar. Feathers. Politician. Some assembly required.

Labels: , , , , , , ,

|

0 Comments:

Post a Comment

<< Home