And even worse we will not hear from
 

the politicians or the media why this bonus issue with AIG was timed to the present when it was known when their request was recently made for another installment.
Kinda looks like let's do it and if we get caught, we'll dance to what ever tune has to be played at the time.
The wagons are circled so tight they will all come out without a mark....as usual.

BTK

It's amazing to me how stupid this countries leadership thinks we are. Read about how AIG is going to pay us back the $165 million. From the $30 billion the tax payers are giving them. Find me someone to give me $30,000 and I will gladly pay them back $165. If the public accepts that answer, we derserve what we get. The BS is getting way to deep for my boots. The sooner this crowd gets out of power the better for all of us.

http://www.marketwatch.com/news/stor...C85B41A4FC1%7D

The current stimulus legislation has several "pork cutlets" which make the AIG bonus payments look like chicken feed, yet the Administration has decided to make AIG the boogey-man while all those congresspersons who added the extra schnitzel to the platter are TOTALLY ignored. How hypocritical!

AIG's excuse is that their employee contracts require these bonus payments. That's for the lawyers representing AIG, the employees and the Dept. of Justice to sort out and verify. If true, and the Administration tries to impound those bonuses, then then taxpayer is going to get stuck with the very high cost of of the government's involvement in significant litigation at the minimum, and if the employees win, then the taxpayer will get tagged with everyone's legal fees as well (check the Equal Access to Justice Act). If the Administration settles the matter outside of litigation, again, the taxpayer is stuck with the cost of the settlement. The constant theme is - the taxpayer pays....

All of this obfuscates the several servings of roast taxpayer (a.k.a. "pork") within the stimulus legislation and redirects the press and public knowledge from what is going on between the K Street lobbyists and Congress with the bulwark of our money.

This is the old con-man's trick of redirecting the attention of the mark while the pea is slipped out from under the cup and into the hand.

Best Performance of Hypocritical Indignation
 

Timothy Geithner, you remember him - the guy we just couldn't do without !
Geithner was the architect of the $85B AIG bailout AND added $30B on top of that after AIG reported 4th quarter losses.

Christopher Dodd is the largest recipient of AIG donations and now is trying to tax those retention payments (bonuses). Here's why I call this guy hypocrite in chief -- Dodd inserted an amendment that provided for these bonuses in the porkulus bill last month. The amendment was put in as an exception for AIG contractually obligated bonuses agreed upon before February 11, 2009.

So now you can see the hypocrisy here. This indignation is all a ruse to divert attention away from the debacle this administration has become in less than 2 months.

Someone said here that they couldn't wait until this administration is over in 4 years. I assert that there will be so much damage with illegal immigration amnesty, socialized medicine, more left leaning re-write the Constitution Supreme Court judges, and suicidal foreign policy that we may not recover even after throwing the bums out. Just this morning I am hearing the many pension plans that most of us are drawing from will be in trouble. Bailouts, rescues, whatever you want to call them are detrimental to our economic health. Living without our means as individuals and as a collective Republic should be the standard.

I didn't vote for Obama but that doesn't give me much comfort now anyway. He cannot succeed on this track and I don't believe he's as smart as many think. He has surrounded himself with poor choices in his cabinet, appointing 'czars' and seems only to be able to give speeches using his 7x24 teleprompter. Not good folks.

But this administration is for the "little people" uh-huh!!
 

If so then why are the rich getting theirs first and with many more zeros than most of us would get even if we added all ours together

They are talking millions/billions/trillions and the man gets up to tell us...we the people....when our $500 check will be in the mail:1rotfl::1rotfl:

I just wish there was an icon for pathetically funny!!!!!!!!

BTK

They (our elected officials) tell us that on the all-too-often-proved-true pretext that we are too stupid to remember any of this come election time, and that if we don't re-elect them, then we won't get our share of the pork because a new guy is not as skilled at greed than a "seasoned" representative or senator.

We get what we elect....

For what it is worth...
 

I think this is a lot of smoke. It is not brain surgery. Although the numbers make me a bit dizzy. I have been involved in several "Takeovers." I saw the end coming and would have bailed except for a retention agreement. They wanted me around during the transition because of what they thought I knew. I did know quite a bit. My retention bonus? It was never more than 25k. I wish it was more.:sigh:

These people were deemed important. Perhaps you don't agree but that doesn't make much difference. If prior to all of the problems, the recipients were earning Salary and bonuses in the million dollar range then million dollar retention agreements were not out of line. If however, these people were earning 50K and got millions for retention I would smell a rat. I'd bet that this is not the case.

Either way, they had contracts. Contracts and agreements are sacred in America. Barney Frank et al know this. They are not stupid or uneducated people. That's why I believe that this is being used as a smoke screen to take our focus of or more important issues.

Just my opinion

Yoda

I think you are correct !!!!

At one end this administration and congress are taking over business's.....they are/have added "small print" language to the states stimulus money to obligate them to the Federal govt for some time..... And on the other.....they are having groups like ACORN help with the census....MOVEON is spending millions and millions simply to help the President sell his budget...already have begun campaign money raising....groups are already being organized to insure that the control over voters is there !

Our federal government will control so much and those who are being "protected" by the government using the census and groups like ACORN will vote one way only...while those who cannot win the vote will pay the bills !!!!

Dont listen to what he says...watch what he is doing !!

Bucco
 

May I quote you?

"Don't listen to what he says...watch what he is doing !!"

Yoda