Obama Accepted AIG Cash for Campaign

LOL obama is a total loser, this guy is a crook and a fraud, and lying fraud at that, I LOL hard everytime I heard people say "were going to elect change" LOL RIGHT!!! Same old washington bullshit, some of us saw this ahead of time and voted agaisnt it, other's... Well did'nt have much of the ability to think for themselfs and voted for this broken record and are going to make us all pay the price.

Every politician supporting the bailout plans, whether dem or repub, should hang their heads in shame. These people are lending ungodly amounts of money to various entities with no knowledge whatsoever of the intricate provisions of the bills they're passing.

Companies involved in buyouts have attornies who spend months and months pouring over the legal aspects of their respective contracts. How many months did our so-called representatives spend doing the same? Not many because if they had, these bailouts would not be occurring.

I will never ever be ashamed of my country...can't say the same for its leaders.

.....and the liberals stated Ex-Pres. Bush was bad? Go figure. At least, Bush worked, he didn't party, go on the Jay Leno show, and have a people at the W.H. every Wednesday night. Bush did pay attention. Obama seems to like the spotlight. The U.S. is in need of a leader.

Obama's ending campaign song was "Ready to Believe". A song of inspiration and hope about new leadership and change with it's "Yes We Can" chorus.

Now that he's been elected they have changed it to "It Wasn't Me". A song which denies any responsibility despite the facts.

How times have changed, and in such a short time.
It gets more hysterical every day.

I and sick of the POLITICAL AND CORPERATE HEATHENS! "WE THE PEOPLE MY A--!" IT IS "WE THE POLITICIANS AND WALL-STREET!" If every Political Crook on Capitol Hill would put all of their campaign contributions in a TRUST to go towards "TARP" that hey have receive from Banks, Insurance, Big Money Corporations, Lobbyist, Pac, Special Interest, Pharmaciticals, and if the ilk THE AMERICAN TAX PAYER would not be left holding the bag. MAKING WASHINGTON HONEST!

"In the interest of transparancy, he should at least acknowledge the large contributions he accepted from AIG, and answer questions about why AIG beleived he was worthy of their investment."

Mark,

You make several excellent points in your article that I agree with. However, the part you wrote that I quoted is ridiculous.

Why? Because when shit hit the fan during the campaign both Obama and McCain were exposed to have received contributions from AIG. This is old news. It's irrelevant too. Anyone from the company donated. That could be someone low making say $35,000 a year to an executive making in the millions. To tie either McCain or Obama to this mess as far as saying they are part of this problem because they received donations is foolish. It wasn't "pay them to let them fuck up."

Asking him to answer for why employees from AIG donated to him is retarded. Do you really want him to answer that? Maybe the $35,000 employee believed in his proposals and leadership. Maybe the 5 million dollar executive thought Obama would let them do whatever they want. It's all speculation, and it really doesn't matter. He can't answer for it, nor can McCain or any other politician from both parties that receive donations from ANY employee of the company.

Look, everyone is pissed about this, and they should be. Both administrations are at fault. To assume that this is from the $30 billion solely is dishonest. It's from $187 Billion. It's from the first bailout under Bush and the $30 Billion from Obama. Both legislations had loopholes in them to allow the bonuses. You know this Mark.

Look, I'm not biased in this. Many Democrats want the names of these people who received the bonuses to be released. I am totally against this. That should not happen. It won't do any good, and you will be putting these people and their families at risk.

We must come to an agreement, that both Administrations allowed this.

Now we need to fix it and go from there. That's all that can be done. Just don't compare this to Katrina like Matt did.

Simply compare this to the first bailout under Bush that he signed into law.

I am very concerned about our country,what I have seen and heard from our leaders is very disappointing,all they do is blame everyone else for their mistakes,when are we going to see anyone in the O'Bama administration really come out and say we screwed up,we can't keep printing money,our currency will be worthless,inflation will be out of sight,look at the African nations,how little there dollar is worth,and we are doing the same thing,God help us all.

botts--------
don't even go that route on this blog.

you're supose to play the game and laugh at stupid republicans and brag about how chicago dems are gonna put all neoclowns in gitmo right after we confiscate their guns and make atheism the state religion.
then sign off with something crude about how white people think italians are just passing for white.

besides,
wasn't the AIG started under reagan?

OBAMA......RETURN AIG CAMPAIGN CASH. SET AN
EXAMPLE AS 'PRESIDENT'.

Chris Dodd confesses: Yes, I slipped in the AIG bonus protection…’cuz Treasury made me
March 18, 2009 06:08 PM

Fall, fall on your sword, ye Purveyor of Hypocritical Indignation.

Via CNN, unscrupulous borrower and No. 1 AIG benefactor Chris Dodd admits that yes, yes, he did support AIG bonus protections before he was against them:

Senate Banking committee Chairman Christopher Dodd told CNN’s Dana Bash and Wolf Blitzer Wednesday that he was responsible for adding the bonus loophole into the stimulus package that permitted AIG and other companies that received bailout funds to pay bonuses.

On Tuesday, Dodd denied to CNN that he had anything to do with the adding of that provision.

Louis IX KingofFrawnce9:46AMMar 19th 2009

botts--------
don't even go that route on this blog.

you're supose to play the game and laugh at stupid republicans and brag about how chicago dems are gonna put all neoclowns in gitmo right after we confiscate their guns and make atheism the state religion.
then sign off with something crude about how white people think italians are just passing for white.

besides,
wasn't the AIG started under reagan?

)))))))))))))))))))))

Blame it on Reagan, hahahahahahahaHAHAHAHAHAHAHAHAHAH
idoit stupid fuck TYPICAL LOON RESPONSE Dodd and Obama get huge kickbacks from AIG and it's Reagans fault! you are a dumb ass paid Obama suck ass!

Obama reminds me of a teenager that THINKS he knows everything but really is WRONG about everything. Unfortunately, for everyone this clown has been given the most powerful job in the world. He is trying all of his socialist theorys that work so well in liberal Utopia, but in the real world they are destroying this country.

Bush worked? Were you in a coma for eight years? People just love to bitch but some of us are happy you lost a government bent on feeding only it's own greed. Obama has only been trying to fix this stuff for two months. We'll see if he does or not, but wishing you got some republican elected won't make it so. People finally had enough.

"besides,
wasn't the AIG started under reagan?"

ha ha. Very good Louis. The fucked up system was started under Reagan. No doubt.

However, I was being honest. The $30 Billion has a loophole in it that stated bonuses couldn't be paid past Feb something of 09. I can admit it.

Was it devious on the Obama administration? I don't think so. I thought he was thinking with common sense. Would a company owned by the Government because they couldn't exist without them give out bonuses before they couldn't anymore? He thought no. He thought they wouldn't want to go through what their going through now. And that is why he's personaly pissed about it.

But this can't be put solely on the $30 Billion. That would be retarded. Bonuses were paid out from all of the money.

And what I can say, is that Bush's legislation that he signed was a cluster fuck.

Noam Chomsky said something to the effect if someone wants to be your leader then he's already suspect. He also basically said that you should still vote for the candidate that you think might do the best. Everybody knows that until serious campaign reform is enacted the basic of pay to play will remain. The sad thing is, that we basically live under a corrupt system and short of revolution, which is not going to happen, there is really nothing we can do about it.

Louis IX KingofFrawnce9:46AMMar 19th 2009

botts--------
don't even go that route on this blog.

you're supose to play the game and laugh at stupid republicans and brag about how chicago dems are gonna put all neoclowns in gitmo right after we confiscate their guns and make atheism the state religion.
__________________________________
You do realize AG Eric Holder wants some of those detainees released in the U.S., while at the same time, San Fran Nan states to a group of mostly illegal aliens that they are "patriotic" and our immigration laws are "un-American".

Why don't we insist that Holder invite these detainees to live in his neighborhood, and drop San Fran Nan unaided in the middle of East LA and tell her to find her way home.

Does anyone else feel they're living in a surreal world?

The AIG bonus scandal is being blamed to AIG Executives. If AIG is 80% owned/controlled by the government, why blame the AIG Executives only? Why not blame the government, as well?

What good will it do to have the $165 Million paid bonuses to AIG Executives returned? This is a a very small portion of the amount of bailout that the government is giving to AIG. Thie amount should be considered SPENT and GONE.

On the otherhand, would it not be better to pullout from commitment to grant the billions of dollars to AIG and let AIG go to Chapter 11 and let the Courts settle AIG's huge debts?

Use the billions of dollars intended for AIG bailout to HELP the poor homeowners that have lost their houses through foreclosures. These poor Aamericans need more HELP than AIG. If the foreclosed assets of the homeowners were to be redeemed by the bailout money from the government at the current market values, and the government were to allow the homeowners to reacquire their properties, at the prevailing market values, and repay the government, over 30 years at a low fixed interest rate, through a government institution charged of handling these foreclosed assets, the government would be doing GREAT SERVICE to the people directly, instead of BAILING OUT AIG with this BILLIONS of taxpayers DOLLARS.

obama is a empty suit in way over his head

To all republicans: If Obama is a shithead then so are all of your shitty choices for president. Bush had 8 long years to dry hump America. Now it's Obama's turn. Republican = democrat = pathetic

A month ago Obama was on tv ranting and raving that this country could not let AIG go belly up..that they are far too important to America and abroad. Then the news breaks that he and Dodd took money from AIG, and Geithner helped write the AIG deal. All of a sudden, Obama has a memory lapse..doesn't like what AIG is doing..didn't know about the planned bonuses to be paid..didn't read what Tim Geithner brought to him to sign..yeah..and the moon is made of cheese. I remember him having difficulty remembering any association with Ayers too.."just a guy from the neighborhood". Then he has Tim Geithner confirmed even though he knew Geithner was a tax cheat. Obama turned on Blagojevich and said he should step down but didn't mention he was Blagojevich's campaign manager. Every time the truth gets near Obama, he turns and runs like a jack rabbit..declares himself innocent of the situation even though we all know he's knee deep in corruption. Obama needs to get his butt kicked right out the front door of the White House.