The Great CWFP AIG Intimidation Run Round-Up.
[UPDATE]: Welcome, Hot Air readers. If you haven’t seen Jammie Wearing Fools’ post yet, go for it. To review: (Via Fausta, Hot Air) A group called “the Connecticut Working Families Party” planned to bus around people to visit AIG offices and their officials’ homes. This has alarmed New York Magazine sufficiently that they find themselves agreeing with Rush Limbaugh about how things are getting out | Read More »
We The People – Tea Party’s
Great signs! Short video clip of the tea parties going on across America: http://www.youtube.com/watch?v=dJelwpZmA4k
Did Harry Reid Protect AIG?
We at Red State have pointed out several times that while Chris Dodd agreed to insert an amendment into the stimulus bill to protect AIG bonuses, he was not in position to do so. Chris Dodd was not a Member of the conference committee that drafted the final version of the bill – the only one that had protection for AIG. The Democrats on the | Read More »
RNC Vid On AIG Flap, Cameos By Gibbs, Dodd, Obama
Check out this planned Web video from the RNC on the whole AIG fiasco, via MSNBC. I can’t believe Gibbs gets paid to speak in public. Cross-posted at The Artful Doddger.
Dina Titus (D-NV) Knew About the AIG Bonuses
When the House passed the Obama-Reid-Pelosi debt spending plan – and the carveout for AIG bonuses – Democrats allowed a scant few hours for review of the 1,000 page bill before the vote. Some honest Members of Congress admitted they had not read the bill. Nevada’s Dina Titus however, claimed to have done so: House Democrats voted on the ‘stimulus’ bill just a few hours | Read More »
A Sad Day…The list of Republicans who voted YES on the AIG Bonus Tax
Today may be seen as the day when the GOP begins to retreat and the Libertarian Party advances. There is simply no excuse for a single Republican to vote for the AIG tax on bonuses. It is the equivalent of handing down a proxy verdict with a harsh sentence to a group of people with no access to due process and no opportunity to face their accuser. This is | Read More »
Geithner Knew About AIG Bonuses; Treasury & Dodd Protected Them
Today Treasury Secretary Geithner gave an interview to CNN in an attempt to head off further inquiries into the Democrats’ handling of the AIG mess. What he admits is stunning: Velshi: One of the issues CNN and other news organizations have reported since late January, that AIG was going to pay about $450 million to about 400 employees of the AIG financial productions unit, which | Read More »
Rough Day For Dodd
Chris Dodd has had a few days he’d rather forget over the last few months, but I don’t know that any have been as bad as today. It cannot be comfortable when virtually everyone, on both sides, is pointing the finger at you for something as unpopular as the Dodd Amendment has quickly become. When it comes to Dodd, I am much more bothered by | Read More »
The AIG Punitive Tax is revolting
I’m floored that so many Republicans in the house voted for a 90% tax on bonuses paid out by companies who took bailouts. Where are our principles? We know the other side has no principles but why do we join them in such a low place? Look, a 90% tax is a 90% tax. We don’t know the terms and conditions of the bonuses. We | Read More »
Looking for Outrage in all the Wrong Places: Steve Foley and John Hinderaker Take the AIG Minority View
“The other lesson of this story is the futility of having the federal government running the world’s largest insurance company. When the salaries earned by derivative traders at an insurance company can become a major political issue, you know the government has gotten way too deeply involved in the private sector.” This morning John Hinderaker of Power Line explained to Bill Bennett what I touched | Read More »
Barney Frank and the Democrats’ Own Amnesia
Over at Huffpo, Dishonorable Congressturd Barney Frank penned a long-winded screed to slam Republicans for their “amnesia” about how they, and not Democrats, are the only ones culpable for the current financial crisis. As anyone with a brain will notice (which cancels out those from Frank’s district who keep voting for him), it is nothing more than an attempt to deflect from his own malfeasance | Read More »
Scott Murphy (D Cand, NY-20): ‘One of them.’
Jim Tedisco reminds us that Murphy may have an inclination towards giving bonuses to companies losing money… …although that may not be an entirely fair comparison. After all, back then Murphy’s bonus scheme didn’t involve your money. I wonder if he’s still for passing that miscalled “stimulus” bill – Tedisco is on the record as opposing it, mind you – and I wonder if Murphy | Read More »
AIG, Silas Marner, and a misdirected rage
The AIG bonuses that have Washington and Main Street infuriated are approximately 0.09 percent of the total dole they have received. Each government-approved spending bill has nearly twenty times the amount, per capita, of bonus bacon.
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Thrown under the bus (Open Thread)
Dodd2010: AIG? Obama made me do it! This my friends, is getting to be fun to watch… the AP-O! Gets the headline right at least here.