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Know what makes me mad about the AIG bonuses?

Posted By: Amanda on 2009-03-17
In Reply to:

My boyfriend is drawing Workmans Compensation.  They are wanting to settle his case.  The "negotiation" amounts were at about $130,000 settlement last fall when he found out he had to have another surgery and they put him on hold.  Now, they are negotiating again, but can only $75,000 because the company does not have funds to pay anymore.  Guess who the company is -


You guessed it ---- AIG!!!!




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The execs who took the big bonuses...
and cooked the books were democrats...(Raines and Gorelick). Can't blame this one on the Bush administration. Fannie/Freddie is the Dem's Enron. The "reform" bill that the Dems wrote and passed this year was the nail in the coffin of Fannie/Freddie. The Bush admin not responsible for that either. What the Bush Admin is responsible for is putting it under Fed control before it completely crashed and burned. I don't like having to pay for those cooked books bonuses; however...to preserve the nation's economy since over half the housing market is in Fannie/Freddie (another thing pushed along by the so-called "reform").

Tammy Bruce and her "ilk." At least she is an honest feminist and gives credit where credit is due. Hard line party first never mind if it is good for America feminists...yes, we are for promotion of women, but only if they stand directly on OUR platform and espouse only OUR views. Democracy? Not hardly. lol.
Financial bonuses

Two days ago on C-Span they seemed to congratulate the bigwigs of the financial companies who got BILLIONS in BONUSES. They ran down the list of those that were being questioned and how much they received. It's absolutely sickening. I had to turn it off.


Trying to stop CEO bonuses

The White House on Friday threw its support behind a plan to speed release of $25 billion in existing loans to the Big Three automakers but rejected a Democratic proposal to use money from a financial bailout to help the troubled industry.


The $700 billion financial rescue package was never intended to help automakers and shouldn't be now, White House spokeswoman Dana Perino told The Associated Press. But since Democratic leaders in Congress are pressing forward with a proposal to carve out a piece of its for the auto industry, she said the White House has decided to pursue a different approach: accelerating the availability of federal loans Congress first approved in September.


Those loans were approved to help automakers build more fuel-efficient vehicles and become more competitive companies in the global marketplace. The administration now supports allowing the loans to be released more quickly than the original legislation prescribed and to be used for more urgent purposes as the companies struggle to stay afloat.


"Democrats are choosing a path that would only lead to partisan gridlock," she said. "We are now actively calling on Congress to amend the loan program."


yes, it's one of the bonuses of working for the Q -nm
x
Bank executives will be getting bonuses
and we are fighting over crumbs and religion.
Obama recalling bonuses from AIG
Thank you!!!!

http://www.msnbc.msn.com/id/29714402/


From what I read, he's not recalling the bonuses

but trying to get that money back which might be impossible. For the first time in my life, I agreed with Barney!!!


Gee, wonder if Barney is going to receive some of that payout and just trying to throw everyone off the track.  After all, he, Pelosi, and Reid were the ones who put this stupid bailout together, and without thinking about it, either. Real smart on their part.


Good for Gov. Cuomo. Hope he finds something. All this crap has to stop.


Wall street bonuses expected

http://www.foxbusiness.com/story/markets/industries/finance/wall-street-bonuses-expects-come-season-despite-bailout/


Paying bonuses this year is likely to result in a lot of backlash from the average American. After all, even with bonuses down dramatically, they are still higher than the average American, who is losing his or her home, makes. Not to mention the government bailout of financial firms, which seems to change daily, is coming from taxpayer dollars. Concerns abound—rightly or wrongly--that some of the $700 billion bailout could go to pay bonuses this year.


He has no legal recourse to "recall" bonuses.
Unfortunately, because these are private companies, they have contracts with the CEOs and they are absolutely within their rights to honor those contracts. However, if Obama can find a loophole to keep them from getting paid, then we'll see what happens then.

This is why the government shoulder NEVER get involved in private businesses. Once they start handing on money, they think they own private businesses and dictate everything to them, so now we are caught in a catch 22 so to speak; government has no business in private businesses but yet they have given private businesses OUR money with NO stipulations beforehand and are now "surprised" the bonsues will continue?! Pleeeze!!!


Taking 700B to give to executives bonuses.NM
x
AIG Employees Starting to Give Back Bonuses

 


WASHINGTON -- The chief executive officer of failed insurance conglomerate AIG told lawmakers Wednesday that he has asked executives to give back at least half of their bonuses.


Edward Libby, chairman and CEO of the American International Group, said that some workers there already have volunteered to return the money.


http://www.foxnews.com/politics/2009/03/18/aig-chairman-faces-congressional-grilling-bonuses/


Kind of like the mega-rich CEOs that see nothing wrong in billions in bonuses...sm
while the company disintegrates, faithful workers pensions and futures are taken away, and they basically rape the company for all it is worth, to he!! with the workers who made the company prosperous! In my mind, it is the same mindset---ENTITLEMENT. Get as much as you can as fast as you can and screw everyone else! FDR DID devise welfare as a safety net so families would not starve to death in desperate economic times, it was never meant to be a career or a way of life, we as a country have looked the other way, as with the illegal alien problem, far too long and must make sure our legislators DO something about it OR GET OUT!
Makes me wonder...

... if he truly said that or if Bush forced him to say it, so we can show how *honest* we were when we promised we'd leave when the *Iraqis* wanted us out.  The timing of this is just too ironic, considering it's on the heels of Murtha's PLAN involving Iraq.  It seems to be more of a response to an angry America than an actual plan.


It's really sad to be this skeptical, but unfortunately, I can't take anything involving Bush at face value, considering the numbers of lies the world has been fed from this administration.  By extension, I have to be suspect of things said by Iraqui leaders, who may be spoon-fed what they're *allowed* to say in their new *democracy* (promoting, of course, freedom of speech)!


What makes you think we don't have that?
?
Makes me wonder if she/they truly
want a free America, or something else.  Someone else in history also liked to ban books, but we don't want to say his name, or even imagine anything like that could happen to America.  There is a very clear choice between two dynamics. Can't understand why anyone who knows their own mind has a hard time deciding on a candidate this year.
Makes me like him even more! (nm)
:)
This just makes me want to cry.

What has our country become?  I always knew that politicians were crooks, but for them to run our country into the ground just to line their own pockets.....it just absolutely disgusts me.  All these politicians who received significant money from these companies......do you think they will suffer.  No....it will be us who pay for all of this.  Government as a whole has royally screwed us all with this.


This whole bail out thing has me so fuming mad I can't hardly see straight.  I'm terrified that if we don't do it....we will collapse.  I'm terrified that if we do it....it will only slow down but the collapse will still come...only later.  I'm mad that they want to bail them out and screw the rest of us.  I truly hope that there is another solution to this crisis other than a bail out. 


I want the phuckers who deliberately screwed us through their own greed....I want them to pay for this.  I want them to be held accountable.  Instead, they lined their pockets, get bailed out, and it is the little people that lose out. 


I am sick to death of hearing politicians getting on TV and blaming the other party when they themself received a substantial amount of money from these banks going under that are currently wanting bailed out.  Stop playing the blame game and just come up with a plan that will benefit the tax payers and not just the big wigs who screwed us in the first place!  Stop pointing fingers, grow up, and think of our country and not your own personal bank account. 


If I see Obama point his finger at another person again instead of taking a good look in the mirror at himself.....I seriously will scream.  He has received so much money from these people and yet he claims no blame at all.  What an arrogant b@st@rd!!!  What ever happened to taking responsibility for your actions?  I guess that doesn't exist anymore....just blame it on the next sucker.



Actually, makes me wonder what is
camp. He is too organized and sly like a fox, there has to be some meaning to the madness.
Makes you wonder...........sm
just exactly what the Pentagon is expecting. They say timing is everything.
Are you serious? What makes you think
that Republicans are to blame for even this? Come on. It is terrible and I think that something like this cannot be blamed on a political party. It can only be blamed on those who did it. I am a Republican who would not be caught dead at a Black Friday sale. I went to one once and cannot stomach another. Many of my conservative friends and my conservative husband feel the same way.
That makes 2 of us...(sm)
bull-headed stubborn people, that is....LOL.
That makes 2 of us...(sm)
bull-headed stubborn people, that is....LOL. 
What makes you think
I have been in this industry for 35 years and I have worked my butt off every single one of those days. Don't even pretend that you can judge me or anyone else.
And that makes you perhaps...
suffer from an inferiority complex yourself?  Pitiful
Sure you were! Now, that makes a big
your head out of the sand! Let's face it, talking ain't going to cut it. Did you see the color drain from his face this week when Iran launched that missile?
It makes me mad because -
I already lost my home (the one that I could
Makes me think of that old saying...

A government big enough to give you everything you want is strong enough to take everything you have. Sad...


It makes you wonder though

as many countries that have hostages by these pirates....you would think these pirates would be taken out.  I mean...we know where they live, etc.  It seems kind of crazy that a group of somali pirates can terrorize several countries to taking over ships.  Maybe if ship crews were taught how to use guns and each ship was armed heavily and they could blow these pirates out of the water before they even get aboard......


You would just think something would be done about these A--holes. 


What makes you think they haven't.
/
Then sit down if it makes you feel better.

See, the posting was supposed to be humorous.  It made me laugh out loud, several times.  This is called the LIBERAL board and it's provided for us liberals to post our thoughts as well as post serious items as well as humorous items.  Please keep this in mind.  If you have a problem with this humorous article please complain about it on the CON board.


This makes me crabby.

I believe the biggest problem our world is facing right now is overpopulation.  I would think even the Lord would recognize that. That said, I would also comment that this woman's genitals as well as her husband's are under their own personal control, not the Lord's.


My other thought is that it seems likely that you would ever really really get to know any of your children while they were growing up with that many kids.  My boyfriend is from a family of 8 children and he and his brothers all agree that they were basically raised by their older sisters and had no real quality relationship with their mother until they were much older.  I'm not saying that is automatically the case, but simply often turns out to be the case.


That's probably because this is what makes sense to you.
Perhaps you could be a translator for us?

REPORTER: Is the tide turning in Iraq?
DUBYA: I think -- tide turning -- see, as I remember -- I was raised in the desert, but tides kind of -- it's easy to see a tide turn -- did I say those words?
-- White House, Jun. 14, 2006

If one were to measure progress on the number of suiciders, if that's your definition of success, I think it gives -- I think it will -- I think it obscures the steady, incremental march toward democracy we're seeing. In other words, it's very difficult -- you can have the most powerful army of the world -- ask the Israelis what it's like to try to stop suiciders. ...That's the -- but that's one of the main -- that's the main weapon of the enemy, the capacity to destroy innocent life with a suicider. ...Trying to stop suiciders -- which we're doing a pretty good job of on occasion -- is difficult to do. And what the Iraqis are going to have to eventually do is convince those who are conducting suiciders who are not inspired by al Qaeda, for example, to realize there's a peaceful tomorrow.
-- White House, May 23, 2006

I've reminded the Prime Minister -- the American people, Mr. Prime Minister, over the past months that it was not always a given that the United States and America would have a close relationship.
-- With Prime Minister Koizumi of Japan, White House, Jun. 29, 2006
This poll truly makes me ill....sm
85% Of Troops In Iraq Think Saddam Was Involved In 9/11, 77% Think Supported Al-Qaeda.

You can't blame them either. I cannot imagine what it be like to know what they are doing over there is all connected to nothing but BS. The cognitive dissonance would be unbearable.

Makes ya wonder doesn't it? (NT)

:-(


And that makes it somehow more palatable? I don't....
think so.
GREAT!! That makes ALL of us!! :-)
nm
This post makes it appear YOU are

nm


oh, that makes it okay then....nevermind....NOT....nm
x
Ok, that makes sense then
I was thinking when I read the headline that that sounds like something sports players would do to each other (like patting each other on the "behind"). The headline made it sound like he did it in a room full of reporters in the senate. HA HA HA
makes if biased and

not worth reading. Kind of like getting "news" from Faux.  If you enjoy having all your misconceptions and radical opinions reinforced, you are using the right sources.  Me, I like fact-checked info that does not insist it has the One and Only Truth.


 


 


Sorry...this makes no sense....
I think you mean Taliban, and bin Laden is not their boss. He is AL Qaeda's boss.

That being said...they were only doing what they were told to do? We are talking Congress here. They had the evidence that this could happen, and blocked legislation that would have prevented it. Who do you think "told" them to block it?
What makes you think that I personally don't?

pub or dem, who benefited from this should be the ones financially responsible to repair it.  But that isn't going to happen and I'm sick of hearing about who's responsible for it.  What about the homeowners who applied for these mortgages that they knew they couldn't afford?  I hold them responsible.  What about the banks who gave them the loan, knowing they could never repay it, but didn't care because they were just going to sell it?  I hold them responsible.  What about the CEOs who made millions on their severenace packages when they walked away from these failing companies?  I hold them responsible.  I don't care what party they are affiliated with.  But the fact is, no one person is going to be held accountable.  As a whole, the taxpayers will be made to be responsible.


You talk a good game and some of what you say makes sense.  Unfortunately, you have to read through all the pub/dem cr@p to really get to what you're saying.  Are you going to try to tell me that not 1 single pub had anything to do with any of this?  That it all rests on the individual dems?  Come on -- that's a load of bull and you know it.


Actually, Pelosi makes it look like a
nm
What exactly makes him a low-life, besides just
x
makes sense to me
x
makes no sense to me either
x
He makes $10 an hour
They only work 36 hours a week and taxes are taken out equaling $300 a week. Not his choice to work half days on Friday, its the companies. He tries to pick up odd jobs with his brother when they can, but right now they are lucky to even be building houses the housing market is so slow.
This makes me like Obama...
all the more. Thanks for posting this.
Biden will when he makes his run for
@
You still here? -being in the majority makes you
nm
This makes my point below. lol. (nm)
nm