zer0, it's late. Run to your party before you do anymore damage.
He only know what his teleprompter tells him he knows
Per Glenn Beck, there were rules in Congressional bill stating banks Must honor bonus contracts made before bailout. Have tried to look for where he got this information with no luck. Anyone heard this or know where I can find an article about it?
Bush’s fault!
http://www.politico.com/news/stories/0309/20095.html
Over and over at his Monday briefing, White House press secretary Robert Gibbs reminded reporters that it was the Bush administration that supported a bailout for American International Group without asking for limits on executive bonuses.
(snip)
Q Two questions, one on AIG and one on CIA. AIG, is the administration confident that it knows what happened to the tens of billions of dollars previously given to AIG?
MR. GIBBS: Is it confident — I’m sorry?
Q That they know, that you guys know what happened to the previous billions before you hand over this next $30 billion.
MR. GIBBS: Yes, the — I mean, I don’t think it’s a — well, obviously you’ve got a huge insurance company that is losing money not the least of which because of its sheer size and the sheer size and decrease in the growth in our economy. It experiences a far bigger drop largely because of its size. But again, the steps that — that Treasury and others took were to ensure a larger systemic problem wasn’t one that we had to deal with here today in letting something just die.
Q But in terms of specifically the — I guess it’s like $150 billion before. You guys are confident that you know —
MR. GIBBS: Yes.
Another sound-clip that Rush should play on his show, instead of playing only those in which BO’s pathetic press peep attacks Rush every other day. What a bunch of total incompetents!
Outrage Over AIG Bonuses and Foreign Banks Payouts congress and senate tells AIG hay your working our scam beat it.