Wednesday, March 18, 2009

Even Obama received $101,332 in AIG bonus money

Three days now of fake and phony outrage and hysteria over this AIG bonus money story, but as responsible journalists begin to dig around a little they have discovered that:

(A) Even President Obama gladly took $101,332.00 in AIG bonus money in the form of political contributions (along with Sen. Chris Dodd (D-CT)).
(B) Everyone in the Treasury and the Federal Reserve, including Obama and Congress (except the brilliant Tim Geithner) were well aware months in advance about the pending AIG bonus payouts and took no action to stop them. They just waited until the bonuses were paid in order to pull their hair and pound their chest in fake outrage.

This whole AIG story is beginning to sound to me like another Obama "wag the dog" tactic in order to get the American public distracted from Obama's failures to turn this economy around and get y'all hyped up on the "Obama Boogeyman of the Week". The Rush Limbaugh story seems to have run it's course and now it's time to hate on AIG.






Before the Fall, AIG Payouts Went to Washington (Open Secrets)
Obama Received a $101,332 Bonus from AIG (RedState)
Feds knew about new AIG bonuses for months — but Geithner only found out last week (Hot Air)
Obama, Congress knew about AIG bonuses for months (AP)
Obama’s Own Stimulus Bill Protects the AIG Bonuses He Now Condemns — AIG May Justify Bonuses by Following the Law of the Obama Spending Bill (ButAsForMe)
Bonuses allowed by stimulus bill (CNN)
This Is A Little Embarrassing (Chuck Thinks Right)

Thank you President Obama for demonstrating your brilliant superior judgement once more.

2 comments:

Flavor Country said...

The big story is which senator or congressman removed the clause that would have stopped the bonuses. Whoever that is is shaking in their boots right now.
That will be the biggest thing from this.

But I admit the Obama team dropped the ball. Although the Bush admin should have caught this the first time :)

Also I figured you would leave out the republicans so I want to help you out.

$41,200 to McCain
$19,950 to Mitt Romney
$13,200 to Rudy Giuliani
McConnell: $7,200 (2006); $1,000 (2002)
Sen. Jim Bunning, R-Ky.: $4,000 (2004)
And of course George Bush $200,000

stormin said...

@Flavor C ...
The big story is which senator or congressman removed the clause that would have stopped the bonuses. Whoever that is is shaking in their boots right now.

it didn't take long for the answer to that question.

and as for all the republicans who received AIG money: what do you expect. afterall, the republicans are e-e-e-evil, so no news here. take care