Sorry Jozie

Ooops..

I typed your name in the name field instead of my own...

wasn't intentional :)

Jozie

Three Little Birds is about..

Bob and his brethren at the Island House would pick the cannabis seeds out, the birds would eat them off the floor, and long as they where there smoking the birds would be provided for..

Jozielee

one other thing about Bob

http://www.youtube.com/watch?v=jym1tSylQQU

Bob was an example of what an individual can do and not the government...

And as Bob thought the government was babylon..

wadada

Jozielee

And Bob Wrote..

Song: Them Belly Full (But We're Hungry)

Na-na-na-na-na-na-na-na-na;
Na-na-na-na-na-na-na-na-na;
Na-na-na-na-na-na-na-na-na;
Na-na-na-na-na-na-na-na-na.

Them belly full but we hungry.
A hungry mob is a angry mob.
A rain a-fall but the dirt it tough;
A pot a-cook but the food no 'nough.
You're gonna dance to JAH music, dance.
We're gonna dance to JAH music, dance.
Forget your troubles and dance.
Forget your sorrow and dance.
Forget your sickness and dance.
Forget your weakness and dance.
Cost of living get so high,
Rich and poor, they start a cry.
Now the weak must get strong.
They say, "Oh, what a tribulation."

Them belly full but we hungry.
A hungry mob is a angry mob.
A rain a-fall but the dirt it tough;
A pot a-cook but the food no 'nough.
We're gonna chuck to JAH music, chuckin'.
We're chuckin' to JAH music, we're chuckin'.

A belly full but them hungry.
A angry mob is a angry mob.
A rain a-fall but the dirt it tough;
A pot a-cook but the food no 'nough.

A angry man is a angry man.
A rain a-fall but the dirt it tough;
A pot a-cook but the food no 'nough.
(Repeat)
A angry mob is a angry mob.

FORREST WROTE: "Term limits is not the answer"

Brilliant post.

May I add - When they lose a seat (because of limits or lack of votes) some become lobbyists.

PLM WROTE: "clean house of both Democrats and Republicans in the Congress "

Read it yesterday, PLM. Couldn't respond. Away from home.

You make a valid point, but right now President Obama is working with a Democratic Congress, which means any change, whether valid or controversial, will probably pass because he's in full control of power.

"Don't throw the baby out with the bathwater." Not during his first term of office. We might not like what's happened at AIG or his other policies, but we haven't allowed them to gel so it's hard to predict if they'll work or not.

If our economy is headed back by the end of the year, as predicted by Ben Bernachi, the next Congress will pretty much look the same as it does today. If not, you'll certainly get your wish. We're all getting tired of "bad news."

PLM said; There should be a term limit in Congress just like there is in the White House, to only two terms of 8 years maximum. Many of these elected officials are “lifers”..and that’s the problem...they are so set in their bad ways, and these ways have been so acceptable for years... that they feel they are invincible."

Term limits is not the answer. Vote for candidates that do what is needed.

Generally when there are term limits politicians who's terms have come up run for another office State Assembly when termed out run for Mayor, Councilman or Governor and then we owe them two retirements see Tony V. or Herb Wesson and on and on. When someone commits to public service (politics) it is a lifelong commitment and if they are good they should not have to go. It the rubbish we need to get rid of not everything in the fridg. Term limits keep the non experienced people in office and the experience in the lobbyists. A more intelligent, informed and active electorate is the key vote for the right candidates. Term Limits are not the answer they actually hurt the system and promote conspiracy and deals between party members to get elected to another office after they are termed out and also they begin to work for they new position instead of working on what they were elected to do.

LAM...MAN WROTE: "they should return the money..... or be taxed to the fullest"

Here's the rub - if AIG is in the hole for not paying back taxes what makes Congress think they'll pay taxes to return the money they gave for bonuses. It's a Catch-22.

and .... to the topic..... all those who received bonuses .... they should return
the money..... or be taxed to the fullest..
and let that be at least 5 years retroactive

lamesabassman...... take no prisoners

Jozielee - you commented:

"Geithner quite possibly, but I don't believe Obama knew about the bonuses. He's been too vocal about them being wrong."

I seriously doubt Obama didn't know about it... but supposing he didn't know even you would agree the buck stops with the president. So time will tell what he intends on doing about this apparent "loophole."

Where's the transparency Obama promised? It will soon show whether he knew or not...

Meanwhile back to basketball brackets and t.v. appearances for him...

-m

Yesterday I posted prior to Dodd's admission of involvement in the writing of the bonus clause for AIG execs...

see -Posted by: PLM | March 18, 2009 at 09:26 AM

That we need to clean house of both Democrats and Republicans in the Congress and the House of Representatives. The rules of engagement has been the same on the Hill for generations. Deals made to keep the rich, rich. This has been the method of lawmakers business for far too long. For years the old guard elected officials have been protecting the rich and screwing everyone else!

We voters need to demand change on Capitol Hill, just like we demanded change in the White House. And yes you nay sayers, Obama will be able to fix this mess a lot easier- if he didn’t have to fight the lawmakers who have no intention to allow change to occur. Maybe Dodd’s admission is a wake up call, that this kind of taking care of their corporate ties, has been commonplace, maybe now change will be possible.

There should be a term limit in Congress just like there is in the White House, to only two terms of 8 years maximum. Many of these elected officials are “lifers”..and that’s the problem...they are so set in their bad ways, and these ways have been so acceptable for years... that they feel they are invincible.

We need a fresh perspective in WDC.

New agendas like Renewable clean Energy- not fossil fuel, progressive healthcare programs, sensible immigration laws, regulations in business...whatever happened to anti-trust laws... any way? Oh yeah...”deregulation” which obviously created massive problems. Remember the break up of MA-Bell? That’s why anti-trust laws should have never been removed. AIG’s world domination is a perfect example of a huge conglomerate corporation gone very wrong! We need policies in place to protect us from allowing huge companies like AIG from putting us into this position ever again! We also need new innovative policies that are aimed to make life better for all Americans not just the elite.

It's up to all of us. We have the power to vote in new progressive thinking public servants into O-U-R offices of power.

We should do more than just complain..we should make a change!

Jerald- did you listen? He never said Palin was smart- he simply pointed out that if she had made some of the same statements, she would have been chastised and called stupid. I voted for Obama and I still agree. Get over yourself Jerald and go back to school. Listening is a key to proper communication. You don't have to agree but at least listen so you get the facts straight.

Wow, I happened to catch John Zieglers interview with the morning news and thought it is about time KTLA had something other than a liberal point of view. But, after viewing it, it is clear that Mark, Michaela and Sam cannot be true to their journalistic oath. Michaela was fuming and I mean with red fire before he finished his first paragraph. She is so obviously a liberal fanatic and evidently Mark is right behind her. See, it is true what Mr Ziegler said. As anchors they cannot be indifferent and should not be expressing their political views on the air. Frank, as usual was his professional self (I couldn't tell which way he leans) You all certainly cut Ziegler off short when he criticized the news was notihng but entertainment and the anchors only figureheads any more. Let us the viewers form our own opinions when someone comes on to plug a film or book. KTLA certainly has been much more courteous even to the extent of slobbery when Bratton or Villaraigosa or any Hollywood celebrity comes on. At least chanel 11 has Steve Edwards to balance out the 2 bimbos on either side of him. Time to quit calling your morning show a "News" show. Put Frank on at night where he can get some respect and maybe I will start watching again. I am done with this 18 year old mentality. Is any Production Managers over 22 years of age????

PS No wonder Mark is still doing the weather (Is he a meteorologist yet?) Somebody give him a game show!!!

Kudos to Mark K. for setting the wingnut
straight..... to come on your show and say what he said..... well, it was like a guy going to a GM dealership to buy a brand
new Volkswagen ..... so clueless..... and Mark looked like he was looking for the Dump Button as soon as the wingnut started to speak..... again.... Kudos to Mark K.
lamesbassman..... hang tough

Also, there is plenty of blame to go around...start with Congress that prevented oversight into the mess that started this. And, look the the Administration that forced (if you can believe Dodd) to include the language that prevented the bonuses. Now, if this is abrogated, look out for your house, car, furniture, dental and any other contract you sign in good faith in the future...you might just have lost the democracy that allowed one side to be committed to the other because of a "binding" contract.....

Just watched your interview with the "conservative" who did the media DVD....I have to tell each and everyone of you to watch the interview, impersonally, and watch the body language, your facial expressions and see that you have proven your guest's point of view. The woman would have shown fangs if she had them, but the hatred coming off her if too much. I generally watch you off and on in the morning, but I guess, based on what happened a few moments ago, that ends. Shameful!!

Not to get off the subject of your main blog segment... But who was that idiot who was trying to say his facts about Obama is the truth?

That he's says Sara Palin is a smart person? What? I love the way Mark was questioning this knuclehead, and Mark's look at this chump was OUTSTANDING!!! I was on my way to the gym when the morning news put this bonehead on the air.. Please don't bring him on again!!!

JARED WROTE: "Josie I don't know if you understand but Debt is a form slavery!!!"

The name is Jozie with a "Z"

The constant quoting of billions, trillions, quadrillions. Where will it end? This whole budget strategy is new. We've never faced anything like it. And no one knows if feeding the system will hurt or help. I prefer to be a wide-eyed optimist. The ceiling may or may not be caving in. We'll just have to see. Doing nothing would be far worse.

You're a Rastafarian, right? "Don't worry 'bout a thing, cause every little thing is gonna be all right!"

BOB MARLEY's "Three Little Birds"
http://www.youtube.com/watch?v=qjtbhmQhsXg

WHERE IS JOE?

Obama promised tougher regulations on bailout funds stating that "No one messes with Joe!" So where is Joe Biden in all of this mess?

This is so frustrating that one man got a 6 Million Dollar bonus when the majority of the American tax payers who gave him that money will never see that wealth in their lifetime.

The government needs to take it back - simple - take it back and let AIG crumble. No bonuses should be given to a company doing such a bad job anyway and the salary earning a 6MM bonus is large enough.

If they don't take it back their bailout is a fraud and they have proven to be a useless administration.

we HOPE he can CHANGE.

Joe - show us your stuff.

jozielee

Oh to be so PC, "Spin" A lie is a lie!!!!

Boy are you way too trusting..

Jack Nichleson to Tom Cruse "You can't handle the truth"

Yes "We the People" can handle the truth!!!

It is our money and our future I expect to be told the truth about where it is going..

You wrote, "Before the stimulus package passed Katy Couric reported the $410Billion package will ultimately cost us $3Trillion"

From Bloomberg: http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aGq2B3XeGKok

U.S. Taxpayers Risk $9.7 Trillion on Bailout Programs

Josie 9.7 Trillion is a bit more then 3 trillion..

And the American People are already $10 trillion in debt and now $9.7 trillion more in debt..

And with the additional $1.2 trillion Bernake just put in yesterday Now brings it to over $21 trillion in debt..

Josie I don't know if you understand but Debt is a form slavery!!!

Debtor are not Choosers!!!

wadada

JARED WROTE: "So was Bernake lying in the 60 Minutes interview?"

In politics they call it "spin", not lying. They think it sounds better but the public is not fooled.

In Bernake's case I like to think 60 Minutes was his first time in front of the American public. He wasn't exactly "lying", he was saving us from shock and incredulity (the amount of money would have been too big for us to handle).

Before the stimulus package passed Katy Couric reported the $410Billion package will ultimately cost us $3Trillion.

ROBERT WROTE: "Reports are also saying that President Obama and Secretary Geithner knew all about it."

Geithner quite possibly, but I don't believe Obama knew about the bonuses. He's been too vocal about them being wrong.

Don't people realize that the reason the government is bailing out AIG no matter what is the fact that AIG is where Congress has thier retirement plan. Maybe we ought to put Congress on Social Security for their retirement like us poor working stiffs.

Also i'm hearing a rumor among my sources of info of an Obama budget is coming and it will include $1.6 trillion in new taxes which will be pushed through just like the stimulus package and the Patriot Act....

wadada

The Tax Revolts are Starting

http://www.youtube.com/watch?v=0M0ZOMXPzQ0

Jared wrote:

Dodd just admitted on CNN that he inserted a loophole in the stimulus legislation that allowed million-dollar bonuses to insurance giant AIG to go forward – after previously denying any involvement in writing the controversial provision. .
“We wrote the language in the bill, the deal with bonuses, golden parachutes, excessive executive compensation that was adopted unanimously by the United States Senate in the stimulus bill,” Dodd told CNN’s Wolf Blitzer this afternoon.

Reports are also saying that President Obama and Secretary Geithner knew all about it. Pure hypocracy all around...

U.S.
Injecting Billions Into Foreign Central Banks

Huffinton Post
3/17/09

For more than a year, the U.S. Federal Reserve System has been increasingly acting as the world's central bank, injecting hundreds of billions of dollars into foreign government treasuries in an effort to increase liquidity in those countries.

The foreign central banks have used the U.S. currency to bail out financial institutions within their borders. The Fed program links its balance sheet directly to the fates of foreign central banks at a time when they're on the ropes.

The program has so far gone unreported in the mainstream media and is a major expansion of Federal Reserve involvement in the global economy. It represents a stark break from the prior role of the Fed, moving it into territory more traditionally occupied by the International Monetary Fund (IMF).

The program puts both the Fed and the foreign central banks at increased risk. If the bailed-out banks can't repay the loans, the foreign central bank is still on the hook to the Fed. It would have to raise the money by selling debt -- which most Europeans are finding difficult today -- or raise taxes or cut spending, actions that further exacerbate the economic crisis. Or, the foreign central bank could default, leaving the U.S. holding a bag of foreign currency of plummeting value.

The U.S. taxpayer has also bailed out foreign banks indirectly by pumping billions into American Insurance Group, which announced Sunday that it had forwarded that cash to counterparties that include foreign banks such as Societe Generale, Deutsche Bank, Calyon, Credit Suisse, the Royal Bank of Scotland and Barclays.

"I'm concerned about Europe," Paul Krugman wrote in Monday's New York Times. "Actually, I'm concerned about the whole world -- there are no safe havens from the global economic storm. But the situation in Europe worries me even more than the situation in America.
"

Meanwhile, European countries are still unable to sell joint bonds.

The Fed program adds up to serious money. The most recent balance sheet released by the Fed shows that $314 billion U.S. dollars are currently doled out to foreign central banks under the foreign exchange program. That's down from a December peak of nearly $600 billion, as central banks have repaid some of the loans.

In exchange for U.S. dollars, the Fed has received foreign currency of equivalent value in an exchange known as a swap. To protect the Fed from losses due to currency fluctuation, the deals include a provision that when the moneys are swapped back, the transaction will be done at the same exchange rate as the initial transaction.

The swaps are listed by the Fed on its balance sheet as "central bank liquidity swaps." The only reference to such swaps in Nexis or Google News comes in the trade paper Market News International, which publishes periodic summaries of fluctuations in the Fed balance sheet. The Fed hasn't hid the exchanges and even sports an FAQ about the transactions on its Web site.

The Fed has established relationships with some major banks, such as the European Central Bank and the Bank of Japan, but also with central banks overseeing smaller, more volatile economies, such as the Banco Central do Brasil.

"It is important which countries are getting it and which don't," said Ralph Bryant, a currency exchange expert at the Brookings Institution. During the 1970s, he was director of the Fed's Division of International Finance and lead international economist for the Federal Open Market Committee, which has authorized the swaps.

"What happened last fall, when the credit markets seized up so badly, was really a departure because some additional countries that would not have been in the Federal Reserve swap network in earlier years at all were brought in, like the central bank of Brazil, Bank of Mexico, and some smaller ones like the bank in New Zealand, the Norwegian central bank and so on.
"

The full list of participating banks, according to the Fed, includes the Reserve Bank of Australia, Bank of Canada, Danmarks Nationalbank, Bank of England, Bank of Korea, Banco de Mexico, Reserve Bank of New Zealand, Norges Bank, Monetary Authority of Singapore, Sveriges Riksbank, and Swiss National Bank.

The program was launched in December 2007 and initially engaged in relatively small swaps with the European Central Bank and the Swiss National Bank.

On September 15, 2008, Lehman Brothers filed for bankruptcy, sending a shock through the global financial sector and freezing credit markets. While the media focused on the U.S. government's domestic response -- a $700 billion bank bailout -- it missed the global response. Between Sept. 15 and October 1, the U.S. nearly quadrupled its swaps with foreign central banks, increasing the amount to $233 billion.

Two weeks later, the total was $398 billion and a week after that it was $480 billion. Two months after the Lehman bankruptcy, the Fed had swapped $572 billion.

In 1994, the U.S. provided Mexico with $20 billion in loans and guarantees to stabilize its financial sector. Congress refused to authorize the money and President Clinton instead used the Exchange Stabilization Fund, at the time a controversial decision. Today's swap is nearly 30 times larger.

A Democratic congressional aide who asked Fed officials about the swaps says he was told they are "essentially riskless" to the U.S. taxpayer -- unless, of course, a central bank defaults, at which point the value of the currency held as collateral would be called into serious question.

"The only conceivable risk is if you think some foreign central bank was going to go bust and not honor its commitment, but given this is only for larger countries, that's a very small probability," said Bryant.

As with every other bailout, the swaps are justified by citing the cost of doing nothing. "If the rest of the world goes down the tubes, that's really bad for the US financial system and the US economy," Bryant said.

The IMF has been relatively inactive during the financial crisis, a vacuum the Fed has filled. IMF lending comes with a certain international stigma and central banks are generally happier to arrange transactions with the Fed. Moreover, since the Asian financial crisis in the late 1990s, the IMF has lacked the capital reserves to engage in currency swaps at the same magnitude as the Fed.

Despite the lack of public scrutiny, the Fed's decisions are at root political. "There is an issue as to which countries they decided to do this for and which ones they didn't. That is a political decision," said Dean Baker, an economist with the liberal-leaning Center for Economic and Policy Research. "The fact that they help certain countries hurts the ones they don't help, since they get viewed as less safe.
"

Story at:

http://www.huffingtonpost.com/2009/03/17/us-injecting-billions-int_n_175454.html

Dodd facing fresh political firestorm
Scorecard Scorecard 55 mins ago

Sen. Chris Dodd (D-Conn.) looks like he may be facing a fresh political firestorm.

Dodd just admitted on CNN that he inserted a loophole in the stimulus legislation that allowed million-dollar bonuses to insurance giant AIG to go forward – after previously denying any involvement in writing the controversial provision. .

“We wrote the language in the bill, the deal with bonuses, golden parachutes, excessive executive compensation that was adopted unanimously by the United States Senate in the stimulus bill,” Dodd told CNN’s Wolf Blitzer this afternoon.

“But for that language, there would have been no language to deal with this at all.
”

Dodd had previously said that he played no role in writing the controversial language, and was not a part of the conference committee that inserted the language in the bill. As late as today, Dodd’s spokeswoman denied the senator’s involvement.

The AIG bonuses have caused a political firestorm, with Republicans and Democrats alike looking to lay blame for who’s responsible, and leading lawmakers looking to revoke the bonuses.

Dodd’s role in the legislation will likely come up as he faces the likelihood of a tough re-election. Former GOP congressman Rob Simmons announced he was running this week, and has already taken issue with Dodd’s stewardship as chairman of the Senate Banking Committee.

http://news.yahoo.com/s/politico/20090318/pl_politico/30833

Sen. Chris Dodd should be removed from office for inserting this loophole when he also received so much money from AIG..

I never like the idea of helping AIG with that kind of money. Why should TAX payers pay for someone that didn't help our economy. Instead of giving them a bunus they should be terminated!!!
What a shame...

"To take from one, because it is thought his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to everyone the free exercise of his industry and the fruits acquired by it." --Thomas Jefferson

Fannie plans bonuses of up to $611K for 4 execs
Fannie Mae plans bonuses of up to $611,000 for 4 executives; Freddie Mac has similar plans

http://finance.yahoo.com/news/Fannie-plans-bonuses-of-up-to-apf-14679491.html

I think that someone need to talk to Barney Frank!!!!!

wadada

Mike,
Sarcasm is good.

AIG CEO Liddy said in open testimony at the House Financial Service Subcommittee Hearing on AIG that Bernanke & the Fed KNEW all along about the bonuses...

http://www.youtube.com/watch?v=5PdgFutT6Ss

My question now is why didn't Bernanke put on the brakes when he first found out about the bonuses?..

Ben Bernake Refuses Transparency!

http://www.youtube.com/watch?v=OC5uQx1W87I

Also notice that Sen. Bernie Sanders is talking about more money then Ben Bernake claimed that the FED had given out for the stimulus and bailout packages in his 60 Minutes interview..

So was Bernake lying in the 60 Minutes interview?

My personal opinon is YES!!!

Federal Reserve Transparency Act - HR1207 - Ron Paul

http://www.youtube.com/watch?v=7PC9fkLMZmo

Call your House Rep at 202.224.3121 and ask them to support HR 1207.

Learn more about the Bill at: http://www.govtrack.us/congress/bill.xpd?bill=h111-1207

wadada

Forrest -

Did you really just write "re-distribute the wealth?" Noooo not that phrase!!!

Anyway, as many have said its OUR money that is being mis-used and mis-appropriated. And Geithner recommended to pay them because he was afraid of re-scinding binding contracts? Well at least he negotiated a lower compensation. Bailout money used for bonuses? WOW!

Don't want to mis-quote our friend Jared, but what about the contracts (or oathes taken) by our leaders to protect us in spending our money?

I'm citing his March 17, 2:55 p.m. post. As always Jared I appreciate the financial info you bring here.

-m

Hi Forrest, Thanks for your support! Frankly I think maybe even you could run these companies better than the exec's that have been doing it has!

But the laws that govern these companies... are made and passed by those on Capitol Hill. THEY set the laws that these companies get to operate within. However the lobbyist are sent in by the coporations to persuade the elected officials and solicit their support on the corporations specific agendas. Did that help?

As for my home we have bigger goals for this world. But don't worry we WILL make an impact on the economy, but it will be in green renewable technology. We will also help out many of the poor who can not afford to have energy in their lives...Kind of busy with that right now...What are your plans to help out?

Lets Recall Diane Feinstein..

91,000 CALLS 85,000 AGAINST THE BAILOUT BILL! Sen Feinstein

http://www.youtube.com/watch?v=sZFwRAfkV1g

PLM,
I would like to see you run for Chairman of the Board of AIG. I think we could get more done that way for the benefit of the middle class. If a campaign was waged to get the proxy vote of stock holders we could do it. We could work the internet for proxies. After that Morgan Stanley. You could be the Chairman of all the fortune 500's that have over 50% stock held by the general public. **ck congress we just stop supporting their campaigns they will fail on their own to get re-elected. You could redistribute the wealth by: 1.) lowering compensations for upper management. 2.) Raise pay for the labor force. 3.) Lower cost for goods and services while maintaining profitability.
Our economy would improve.

RUN TO BE ELECTED CHAIRMAN OF THE BOARD OF MAJOR CORPORATIONS THEY RUN THE ECONOMY NOT CONGRESS.

President Obama, Why Did You Pay Blackwater $70 Million in February?

http://www.alternet.org/waroniraq/132171/president_obama,_why_did_you_pay_blackwater_$70_million_in_february/

Yes, Jared You are right.

However Obama IS NOT protecting them..in fact he just said that the buck stops here. He says he is repsonsible as president..however he is saying NO MORE!

I say no more too!

We The People Stimulus Package

http://www.youtube.com/watch?v=jeYscnFpEyA

Lets not forget that Barack Obama was number two on AIG’s campaign donation list at $101,332.

According to opensecrets.org http://www.opensecrets.org/index.php

Also: Following the money in the Wall Street shakeout? Start here.

http://www.opensecrets.org/news/2009/02/following-the-money-in-the-wal.html

I share in the outrage in anger at this these executives of AIG.

Congress -Take back the bonuses....

Take Back the $ 170 Billion dollars we gave them!!

Redistribute that $170 Billion to the US the middle class...the one's that got Nothin' from the bailout!

Fire every executive at AIG!! They all deserve to lose their jobs!

They not only did not do a good job for those enormous salaries..but they are hugely responsible for the global failure of the world economy!

But please don't stop there... and this important!

We the voters need to fire EVERYONE that held a seat in Congress during the downfall of the economy!

Everyone ...Democrat and Republican..they have to all go!

When election time comes around to vote each and every states senators and legislative law makers we need to vote them out. We need to vote for new progressive thinkers not the old guard who are all guilty of taking our country into this mess!

All of them sitting up there on the hill pointing fingers at anyone else but themselves!
They wrote these laws...
They signed these laws ....
They MUST join the ranks for the unemployed as soon as possible!

And so should any executive who received bailout money! They need to be out of the job of running the companies that THEY ruined...

And the lawmakers that wrote and signed the laws (such as deregulation) and yes, some of those old geezers, are still in Congress! The same laws that crippled America! These old well greased lawmakers have got to be replaced.

Why isn't that the outrage that we are all talking about?????

AIG cannot possibly have needed that money...throwing lavish parties at expensive resorts, paying millions in bonuses..while most of middle class Americans are suffering..with no huge salaries, no golden parachutes, no bailout paid to us.

They have all got to go!

And if AIG executives don't return the money they need to become roommates with Bernie Madoff!

I want new forward thinking elective officials making laws in this country..the old lawmakers had their chance and look what has happened..let's all decide to vote for a person we feel will finally make a difference in in congress. We got a change agent in the white house now..but he can't change things if the lawmakers fight to keep everything the same!!

We voters have much work to do in the upcoming senate and house of representative elections! Whether you vote Republican or you vote Democrat. We need to vote for change in more than the White House! We got rid of Bush Now Let's clean house on Capitol Hill as well- People.

We CAN change this good old boys network of the rich get richer and the poor too "F#%*&" bad! If you like that then keep the same elected officials in there ..but for me I want them "F*&$$" gone!

go after these guys. no one deserves bonuses at this time. that is why so many people get away with so many things having to do with money cause no one is keeping an eye on these ones.everyday we hear it in the news about someone stealing millions and billions of money. just like the person with the mercedes and receiving food stamps. let me tell you that it is so easy to rip off those places and its because they are not doing there job as far as investigating. everyone that is receiving any kind of assistance should be investigated(and not just on the surface) go after these people. this has been going on for to long. stop them.

Tax Day Tea Party

Online HQ for the April 15th Nationwide Tax Day Tea Party Rallies...

http://www.youtube.com/watch?v=1vKr95e5aIE

http://taxdayteaparty.com/

Find where the protest will be in California here http://taxdayteaparty.com/teaparty/california/

If my department is not profitable we do not receive a bonus. We may even receive a pink slip. So how can AIG justify a bonus to a section that almost destroyed their company? It makes you want to stop paying taxes if the government keeps wasting it.

Hey frank I am mad about the bounes too, but all of congress new of them. Most of the guys in Congress complaining about AIG took millions themselves. Also let Jessica know that it was in the 80's most of January, she keeps saying first time this winter. Thanks Buddy.

Almost without exception these institutions have used this money for things that it was never intended for, which just goes to show that they are corrupt and won’t change even under the eyes of all the watch dogs.
Another serious issue I am angry about is the fact that these same institutions all claimed to be in the red and yet they try and tell us that they paid for these things out of their profit???? If they are going broke, what profit are they talking about? Do they really think that Americans are that stupid?
I truly believe we should expose the names of all the individuals that get outrageous bonuses and extravagant parties, which should thoroughly embarrass them, then every American will now know who exactly the real crooks are!!
Government has been talking about the travesty of all this to long, time is past due to do something concrete about it now!!

Frank

I'm angry at these idiots! My husband is an AIG "agent" and his commission check is a big whopping $81.00 a month!!! He does the work, and the high echelon get the bonus! Something is VERY wrong with this picture. By the way, he has now removed himself as an AIG agent

i can understand that there maybe contractual obligations involved but are the receipients of these bonuses of no conscience at all. can they really say they deserve it because they did a good job? or maybe they already spent the money in anticipation of the bonus?
may i also take aim at another issue. with all of these financial events happening, how is it that the credit card companies still hit the cardholders for astronomical fees and interests, is there no regulation on this? with all the financial woes people are suffering are the credit card companies also of no conscience?

AIG
I heard on various news reports that AIG was obligated to pay the bonuses contractually. I’d like to see those how those read – do they provide the bonuses be paid from bailout funds and not from AIG’s funds? There’s a difference to me. Regardless, it really ticks me off. I’d like to see the contracts broken and lawsuits filed and taken all the way to the Supreme Court. Let the High Court put new law into effect to null and void bonus contracts with bailout and recovery money.