Watching CNN right now.

Just heard Sen Dodd admit he was not truthful yesterday concerning the writing and revision of the ammendment that allows for the AIG bonus's !! He says that he was urged by ???????...did not name names but implied that it was the WH and Treasury Dept.

Now watching Donna Brazile, a Democrat strategist, say somebody needs to revise the time line put out by the WH last night.

I realize this post is early on with this, but this is absolutely incredible if I am interpeting this correctly and PLEASE correct me if I am...

.....They (WH, Treasury and congress) knew there would be bonus's

.....They added this language in order to prevent any lawsuits against the Govt by those companies that had contracts

.....They (Dodd, WH, and Treasury) have been yelling for days about the outrage and lack of knowledge.

.....They all knew and were lying for the last few days to all of us.

If I am misreading or wrong ...PLEASE correct me !!!

Originally Posted by Bucco

Watching CNN right now.

Just heard Sen Dodd admit he was not truthful yesterday concerning the writing and revision of the ammendment that allows for the AIG bonus's !! He says that he was urged by ???????...did not name names but implied that it was the WH and Treasury Dept.

Now watching Donna Brazile, a Democrat strategist, say somebody needs to revise the time line put out by the WH last night.

I realize this post is early on with this, but this is absolutely incredible if I am interpeting this correctly and PLEASE correct me if I am...

.....They (WH, Treasury and congress) knew there would be bonus's

.....They added this language in order to prevent any lawsuits against the Govt by those companies that had contracts

.....They (Dodd, WH, and Treasury) have been yelling for days about the outrage and lack of knowledge.

.....They all knew and were lying for the last few days to all of us.

If I am misreading or wrong ...PLEASE correct me !!!

Well, does anyone think the Senate Ethics Committee is going to "investigate" the matter?

Please remember all of this when the next election comes along.

Just a side note. They are saying Freddie Mac may need another 150 bill. Did you also know Freddie Mac executives also have a bonus / retention package? They get four payouts this year. No outrage from the administration?

SMOKE SCREEN!

Originally Posted by dklassen

Just a side note. They are saying Freddie Mac may need another 150 bill. Did you also know Freddie Mac executives also have a bonus / retention package? They get four payouts this year. No outrage from the administration?

SMOKE SCREEN!

"Fannie Mae, the federally run mortgage finance giant, plans to pay four top executives $1 million or more in bonuses as part of an employee-retention program"

"Fannie Mae, which suffered $59 billion in losses last year, has requested $15 billion in taxpayer assistance, and has said it expects to need plenty more"


http://www.washingtonpost.com/wp-dyn...l?hpid=topnews

Originally Posted by Bucco

"Fannie Mae, the federally run mortgage finance giant, plans to pay four top executives $1 million or more in bonuses as part of an employee-retention program"

"Fannie Mae, which suffered $59 billion in losses last year, has requested $15 billion in taxpayer assistance, and has said it expects to need plenty more"


http://www.washingtonpost.com/wp-dyn...l?hpid=topnews

Gee, and Fannie & Freddie (the deadbeat twins) gave HOW MUCH to candidates, and which ones? But they are now the forgotten twosome as long as big bad AIG is given the headlines by a pliable press.

Giving "employee retention bonuses" to Fannie & Freddie executives is like sponsoring Dr. Kevorkian for the Nobel Prize in Medicine.

Yeah, I know. And if my grasp of what I read (and read again) is right, under the Constitution, the crime of betraying one's country can have only to do with war or security secrets........ Too bad.

Boomer

Originally Posted by Boomer

Yeah, I know. And if my grasp of what I read (and read again) is right, under the Constitution, the crime of betraying one's country can have only to do with war or security secrets........ Too bad.

Boomer

Settle down BOOMER.....There is no time for the Treasury Secy to pay taxes OR to even appoint some help for him, the country is in dire straits, BUT...

The President has completed his NCAA bracket on TV and is jetting to be on Jay Leno's show so you should relax.

Originally Posted by Bucco

Settle down BOOMER.....There is no time for the Treasury Secy to pay taxes OR to even appoint some help for him, the country is in dire straits, BUT...

The President has completed his NCAA bracket on TV and is jetting to be on Jay Leno's show so you should relax.

Aw, Bucco, do I really have to settle down? I was hoping we could march in the streets. Oh, well. I was planning to sign up for golf lessons anyway. (AGAIN!) So I guess I'll just do that instead. -- a hopeless cause, too.

OK. OK. What is that thing I am supposed to think about??? Ah, yes! "Drive for show. Putt for dough." Uh huh. "Drive for show. Putt for dough." I think I got it. "Drive for show. Putt for dough."

Hey Bucco. Thanks for settling me down. I wonder which will be less stressful. Golf lessons? Or political discussions?

Boomer

Yeterday the POTUS came up with a way to save over 500 million bucks a year... Take away the guaranteed and promised federal medical care to wounded war warriors and turn it over to private insurance companies (who profit by denying care). Talk about being out of touch.

but it won't.
It is the administration grasping at straws to make it look like there is an attempt to reduce spending.
Yes while the pork prevails, the bonuses, all known flow to the guys who created the problem and the lunatics in Washington continue to propose evn bigger spending bill....endorsed by POTUS....MORE BILLIONS AND TRILLIONS THAN EVER IN THE HISTORY OF THE usa..... AND WHAT FLOWS TO WE THE PEOPLE?

Did you get your $500 check yet? Don't spend it all in one place.....BS!!!!!!!!!

The tea parties are being had for the wrong reasons. We are being tried on and tested every day.....tax the wealthy...unless you are in office they mean....why do the wealthy Dems always make it look or sound like they are not a part of the so called wealthy....oooppppss I forgot they don't pay taxes anyway...BS again!!!

Also obvious...still....by their absence are the used to be regulars.
Never to be around when meaty specifics are on the table. Nothing ventured nothing gained....I guess.

BTK

Yes, Yes. Change you can believe in.

Originally Posted by Guest

but it won't.
It is the administration grasping at straws to make it look like there is an attempt to reduce spending.
Yes while the pork prevails, the bonuses, all known flow to the guys who created the problem and the lunatics in Washington continue to propose evn bigger spending bill....endorsed by POTUS....MORE BILLIONS AND TRILLIONS THAN EVER IN THE HISTORY OF THE usa..... AND WHAT FLOWS TO WE THE PEOPLE?

Did you get your $500 check yet? Don't spend it all in one place.....BS!!!!!!!!!

The tea parties are being had for the wrong reasons. We are being tried on and tested every day.....tax the wealthy...unless you are in office they mean....why do the wealthy Dems always make it look or sound like they are not a part of the so called wealthy....oooppppss I forgot they don't pay taxes anyway...BS again!!!

Also obvious...still....by their absence are the used to be regulars.
Never to be around when meaty specifics are on the table. Nothing ventured nothing gained....I guess.

BTK

Well, it infuriated Veteran's groups enough that they mobilized such an organized reponse of outrage that the foolish idea was off the table by this am.... except both Fox and Friends and Morning Joe were all over it.
The notion of a proposal like this is so repulsive to anyone with a conscience watching these young amputees struggle to walk again in the Veterans rehab facilities that it has convinced me either Obama has completely lost touch or his advisors (or both) have.

Much like the new adventures of Old Christine, there is nothing new going on here. It is now admitted that democrat congressional leadership, the Secretary of the Treasury and our President deliberate lied to the American people. We have not heard a whopper this big since, "I did not have sex with that woman, Monica Lewinski."

The Obama's 'outrage' was clearly faked and he is trying to kill the subject by saying he'll take responsibility for the bonuses.

What we should worry us even more is the decision in congress to tax these bonuses after the fact. The way this bill is structured would set a precedent that allows congress to tax any group that they want at an absurd level while leaving everyone else's taxes where they are. Who's next? Corporate officers, senior citizens, talk radio hosts? Think about it.

Got a good laugh out of the news tonight showing Pelosi saying in regards to AIG that people need to remember that "we inherited this".

Excuse me but it does not matter when or where this problem started, that does not solve the problem. If the best they can do is continue to blame everyone else then we are truly doomed.

Originally Posted by spk7951

Got a good laugh out of the news tonight showing Pelosi saying in regards to AIG that people need to remember that "we inherited this".

Excuse me but it does not matter when or where this problem started, that does not solve the problem. If the best they can do is continue to blame everyone else then we are truly doomed.

Wonder how they will handle the Fannie Mae bonus's ????/