| Mar 19, 2009 @ 7:18 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them
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robodad
Posts: 8,047
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daimoku said:
Those in the auto industry weren't allowed to demand execution of similar contract provisions, why should the staff at AIG ? If they aren't American enough to understand the outrage of the American tax payers, they deserve everything they get. There was a loophole specifically written for AIG to give out bonuses with the money.
http://money.cnn.com/2009/03/19/news/economy/geithner_interview/index.htm
Wasn't there any loophole for the auto industry? 
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| Mar 19, 2009 @ 7:22 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them |
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Josuha
Posts: 1,255
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Our government is responding to the overwhelming outrage of the American people who don't like the idea of people who ran AIG into the ground getting performance bonuses.
What?
Our 'government' has'nt responded in freakin' 15 years to this.
This fuse to the economic melt down was lite decades ago.
Some of these employees threatened to give away company secrets of AIG if they weren't compensated.
Like what?
How much money they gave to buy our officals in 'campainge contributions' or soft money?
That's no secret.
They are violating the generosity of the American tax payers and the spirit in which it was offered.
Generosity?
Bullshit..
Most Americans were against it.
They took the freakin' money.
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| Mar 19, 2009 @ 8:25 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them
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Daimoku
Posts: 362
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If you are just going to use the comments here as an excuse to vent about your vendetta against the way our country functions. I really don't see the point in trying to respond to you.
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| Mar 19, 2009 @ 8:26 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them |
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BandTMom
Posts: 39,480
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| Mar 19, 2009 @ 8:36 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them
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Josuha
Posts: 1,255
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If you are just going to use the comments here as an excuse to vent about your vendetta against the way our country functions.
What you don't get is..it's not 'functioning'..
If it were functioning, we would'nt have this problem.
What we're seeing is a breakdown of this system through incompetence and corruption that has failed to be addressed for decades and alot of smoke and mirrors to hide the 'disfunction'..
[Edited on 3/19/2009 8:39 PM]
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| Mar 19, 2009 @ 8:38 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them |
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arieann
Posts: 2,388
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I thought the forums was kind of a way to vent. Writing(in this case typing) helps release stress of things that bother a person.
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| Mar 19, 2009 @ 8:40 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them
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BandTMom
Posts: 39,480
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| Mar 19, 2009 @ 8:47 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them |
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lacyvsq
Posts: 6,716
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If it were functioning, we wouldn't have this problem.
We have this problem because the government is functioning -- in just the malevolent way that the PTB operate: create a problem, so the preplanned 'solution' can be implemented. I am guessing that the ultimate solution here is a cashless microchipped population. Failure of the economy is necessary to get the population onboard for the solution.
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| Mar 19, 2009 @ 9:04 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them
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Angel54214
Posts: 18,995
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Can you believe it! 13 companies that received the bail out "retention bonuses" owe back Federal taxes totaling over $220 million. Two of those thirteen own $100 million each. One of the company recipients has owed over $113 million for 2005 & 2006. Another owes over $102 million for 2003, then company recipient was founded owing $1.1 million in federal income taxes as well as over $223,000 in federal employment taxes.
And that's not all...H.R. Rep. John Lewis who is chairman of a House subcommittee and oversees the federal bailout held a meeting with Treasury Officials today to go over these taxes owed by the companies...not one showed up!
Now the IRS is involved and are currently out to collect the overdue taxes.
The companies that received the bailout had signed contracts to vow they had no unpaid taxes. The Treasury Officials never asked them to turn over their tax records. Neil Barofsky who is special inspector general for the Troubled Asset Relief Program said that if an executive signed a contract knowing that information about unpaid taxes was false, that would potentially be a crime. Barofsky's people are looking into this to see if crimes were committed.
It's gone for the "Rich and Famous" to "Law and Order" all in 2 days. Dang! 
[Edited on 3/19/2009 9:14 PM]
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| Mar 19, 2009 @ 9:10 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them |
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Daimoku
Posts: 362
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What you don't get is..it's not 'functioning'..
If it were functioning, we would'nt have this problem.
What we're seeing is a breakdown of this system through incompetence and corruption that has failed to be addressed for decades and alot of smoke and mirrors to hide the 'disfunction'..
Quite....suffice to say that these are your conclusions, which I am free to agree with or not. It has nothing to do with "getting it". Your ideas are somewhat outside the mainstream. Nothing wrong with that in of itself I suppose. Except that it tends to be difficult to communicate with someone that is so properly at odds with societal norms.
What's a little off putting is that you seem to think that you speak for the majority. Yet, I would have to disagree that the majority thinks that the government is not functional. It may be broken to a certain degree, but it's still highly functional, and carrying on the peoples business on a daily basis. If the majority felt that way I don't think things would be quite so calm.
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| Mar 19, 2009 @ 9:15 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them
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lacyvsq
Posts: 6,716
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If the majority felt that way I don't think things would be quite so calm.
Things are calm because the majority are doped up and stupid.
Mass Doping
The Definition of Stupidity
[Edited on 3/19/2009 9:27 PM]
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| Mar 19, 2009 @ 9:26 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them |
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Brass_Wolf
Posts: 1,551
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A proposed 90% tax rate to recapture misappropriated funding? What kind of Twilight Zone have found ourselves in?
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| Mar 19, 2009 @ 9:30 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them
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capobeachguy
Posts: 4,877
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Yet, I would have to disagree that the majority thinks that the government is not functional. It may be broken to a certain degree, but it's still highly functional, and carrying on the peoples business on a daily basis.
If this were the case, the polls would not indicate that the majority of the people think the direction of the country is headed down the wrong track.
Link (poll entitled "Direction of Country")
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| Mar 19, 2009 @ 9:37 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them |
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Nightowl001
Posts: 8,180
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There are times I think our government isn't given quite as much credit as they should be. Mind you, I'm a long way from saying it doesn't need fixing. But when was the last time you drove across three state lines, or traveled any distance. Was your money good? Did the phones work? Did the water tap and electricity work? Did you have to get out and move trees out of your way to get down the road?
Daimoku's right. For the most part, our government is pretty functional. It has its problems, like any system. But it could be a hell of a lot worse. And what some of the posters apparently haven't realized was that prior to the election, the numbers of people who felt this country was headed toward BEING a hell of lot worse were the majorty. People trapped in poverty, with no insurance, didn't see where the American dream was ever going to come true for them; not even the Horatio Alger dream of working hard and succeeding by getting a raise and just managing to make a decent living without killing themselves in the pursuit of it.
The current polls demonstrate that the majority may not be thrilled about the pace of progress, may still be feeling unsettled, or even scared, about future economic prospects, but still feel that it can be fixed, just like it was fixed after 1929. And unlike during the last few years of shrub's administration, most people still feel they will be better off in 5 or 10 years than they are now. They're just not feeling like they understand how that will take place. The path looks kind of foggy, and they'd like to understand it better.
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| Mar 19, 2009 @ 9:49 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them
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Daimoku
Posts: 362
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A proposed 90% tax rate to recapture misappropriated funding? What kind of Twilight Zone have found ourselves in?
I have to agree with you on this one. It's just political theater that's getting a bad review from the critics. I hope that show is over sooner rather than later... 
I like the idea of investigating AIG for possible false accounting reporting, a felony. And I like the idea of asserting the rights of the 80% ownership the public has in the company. I'm not really agreeable to a lawsuit, or expo facto, midnight hour, laws drafted in hasted, just to look like congress, and the Obama administration, is doing something, anything, even if it looks really stupid. I do like that Obama took responsibility though. That's a very refreshing change from the last few Presidents, if not all of them. And it makes me want to give him the benefit of the doubt. At least, he wants to focus on a resolution to the problem instead of dwelling over mistakes. Even if it is just a little self-serving, in the overall scheme of things, it is better for of the country to have a forward looking plan, then to be forever looking back in regret.
If this were the case, the polls would not indicate that the majority of the people think the direction of the country is headed down the wrong track.
That's not a poll about if people think the government if functional or not. It's one to see if peple agree with the direction it going. In order for our country to be going in a direction it has to be functional. I agree with Lacy on that, even though I'll have to do more research to agree with the rest of her statement. 
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| Mar 19, 2009 @ 10:00 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them |
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lacyvsq
Posts: 6,716
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It was just last summer that Ike came through Houston. No, there was no electricity at my place for two weeks, the water safety was questionable for a time and not everyone had it when they turned on the tap. Money was not worth much when there was no power to the cash registers. Many of the streets were impassible. Was it government to the rescue? No, for the most part it was neighbors helping neighbors.
Our country was founded on principles of individual sovereignty. It was built on people helping people out of a personal desire, not because it was required or mandated.
Government was designed to be the servant of the people, but it has grown like a cancer and it is about to kill this country.
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| Mar 19, 2009 @ 10:19 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them
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alivenwell351
Posts: 3,339
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I have to agree with you on this one. It's just political theater that's getting a bad review from the critics. I hope that show is over sooner rather than later...
So do a bunch of senators (one Chris Dodd in particular) and house folks who voted for porkasarous the stimulus bill without even reading or understanding it in any detail; one treasury secretary who appears to be lost in space; and in particular one president who every day shows how in over his head he really is...
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| Mar 19, 2009 @ 11:32 PM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them |
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DiamondRain
Posts: 6,457
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...
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| Mar 20, 2009 @ 12:12 AM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them
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JesterDrawers
Posts: 11,124
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Our country was founded on principles of individual sovereignty. It was built on people helping people out of a personal desire, not because it was required or mandated.
Government was designed to be the servant of the people, but it has grown like a cancer and it is about to kill this country.
Looking at the OP, I couldn't help but think that if the stakes weren't so high, this could be rather comical. I mean, Obama says we MUST do something NOW or we're all going down the tubes tomorrow. So Congress rushes this porkulous bill through so blindingly fast it's ridiculous (ever heare one of those infomercials that says "but you have to call within the next 30 minutes to get this amazing offer"? Reminds me a lot of the way Congress acted. I've always thought, "If you don't want to give me time to think about something, then I'm not interested in buying."
So this ginormous porkulous bill gets ramrodded through, and lo and behold, there's an amendment actually ALLOWING the bonuses that everyone is so upset about now. And let's see...Congress actually voted on and PASSED the bill....and the president actually SIGNED the bill...and now they're angry about the bonuses? LOL I don't get it. If they're angry, it should be at themselves. I think next time it would be prudent to actually READ the bill first - BEFORE voting on it (unless you're voting "NO" because someone only gave you 30 minutes to take advantage of the offer), and BEFORE signing the thing into law!
This is goofy...I can just hear them thinking, "Oops! We just voted for, passed, and signed something that is WILDLY unpopular. What do we do now? Hey! I think WE need a bailout!!!!" LOL
Now let's put things into perspective for a moment, shall we? Talk about a smoke screen! What was the figure I read the porkulous bill and all the other emergency spending was costing us? Something like $12,000 or $14,000 for every man, woman and child in the country?
What are the AIG bonuses costing us then? Uh....about 50 cents apiece.
Let's forget about the pennies and start paying closer attention to the dollars. It would be a much better use of our time.
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| Mar 20, 2009 @ 12:28 AM |
AIG Bonuses Are A HUGE DEMOCRAT/OBAMA SCANDAL - Democrats Approved Them |
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DiamondRain
Posts: 6,457
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...
[Edited on 3/20/2009 12:31 AM]
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