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Obama, Congress knew about AIG bonuses for months (Obama continues the lies)
ap ^
| 3/17/2009
| JULIE HIRSCHFELD DAVIS
Posted on 03/17/2009 5:57:31 PM PDT by tobyhill
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To: tobyhill
That is a big story Toby. The socialist liars first intended to use this AIG bonuses as distraction tactics to cover the massive failure and their disastrous socialist policies that they are bringing on the country but now this is backfiring on them.
41
posted on
03/17/2009 7:04:19 PM PDT
by
jveritas
(God Bless our brave troops)
To: All
This needs to be on Drudge with a Siren
To: tobyhill
THE AP REPORTED THIS????
43
posted on
03/17/2009 7:08:31 PM PDT
by
Extremely Extreme Extremist
("President Obama, your agenda is not new, it's not change, and it's not hope" - Rush Limbaugh 02/28)
To: GraniteStateDad
The US Attorneys don’t want to lose their jobs.
44
posted on
03/17/2009 7:09:35 PM PDT
by
elpadre
(nation)
To: jveritas
I think it is providing a smokescreen for the billions of tax payers money given to foreign banks by AIG - the biggest blunder.
45
posted on
03/17/2009 7:11:32 PM PDT
by
elpadre
(nation)
To: elpadre
46
posted on
03/17/2009 7:13:06 PM PDT
by
jveritas
(God Bless our brave troops)
To: elpadre
They don't need smokescreens, there's plenty of room to expose it all.
47
posted on
03/17/2009 7:13:33 PM PDT
by
tobyhill
(Obama gets no free pass from Free Republic!)
To: tobyhill
I hope there is actually something done about this other than another news story
48
posted on
03/17/2009 7:16:24 PM PDT
by
truthandlife
("Some trust in chariots and some in horses, but we trust in the name of the LORD our God." (Ps 20:7))
To: tobyhill
IMPEACH THE OLIAR
49
posted on
03/17/2009 7:17:16 PM PDT
by
Carling
("We've lost two people in my family because you dickheads won't cut trees down," - Warwick Spooner)
To: WesternPacific
Ah that Bill was signed by Obama...
So is Obama saying he signs things that he has no idea what is in it? I think that makes him the most naive President in the history of this country.
Didn’t he take the time to read it after he said it was so important that we RUSH RUSH RUSH it through. No he didn’t read it, his staff didn’t read it, no one read it they just signed away our children and grandchildrens inheritance.
and now the Soviets and China are taking advantage of this crisis to which they will actively pursue the destruction of this country. Will Obama go along willingly? Remember all totalitarian minds think alike (Never let a good crisis go to waste)
50
posted on
03/17/2009 7:21:21 PM PDT
by
Typical_Whitey
(We are living in The Night Of The Obama Zombies)
To: Extremely Extreme Extremist
It was also reported on the ABC nightly news tonight, with Charlie Gibson repeating the questions, "what did Obama know and when did he know it?"
Amazing!
51
posted on
03/17/2009 7:22:22 PM PDT
by
milagro
To: truthandlife
I was on the phone earlier with a major Network Executive and I asked him to start covering the news regardless of who their man is.
With more news reporting the more something will have to happen with regards to the Government's role.
52
posted on
03/17/2009 7:24:26 PM PDT
by
tobyhill
(Obama gets no free pass from Free Republic!)
To: milagro
It's getting there.
53
posted on
03/17/2009 7:25:29 PM PDT
by
tobyhill
(Obama gets no free pass from Free Republic!)
To: tobyhill
Congress is paying a bonus to each home owner who made a bad choice about buying.
54
posted on
03/17/2009 7:33:12 PM PDT
by
stockpirate
(A people unwilling to use extreme violence to preserve liberty, deserves the tyrant that rules them.)
To: tobyhill
55
posted on
03/17/2009 7:36:50 PM PDT
by
GOPJ
(CEO:Chief Embezzlement Officer- CFO:Corporate Fraud Officer-CASH FLOW: money down the toilet.)
To: milagro
Whaaaaa?!?
56
posted on
03/17/2009 7:40:07 PM PDT
by
Leo Carpathian
(fffffFRrrreeeeepppeeee-ssed!)
To: tobyhill
Pretty remarkable that AP would run this story. And a ton of AP reporters contributed to it, too. In addition to Julie Hirschfield Davis, “Associated Press writers Ieva M. Augstums, Jeannine Aversa, Martin Crutsinger, Ben Feller, Jim Kuhnhenn and Jennifer Loven contributed to this report.”
What next?
57
posted on
03/17/2009 7:49:22 PM PDT
by
Cicero
(Marcus Tullius)
To: WesternPacific
Dodd is now claiming he does not know how that clause got inserted in the bill....???
58
posted on
03/17/2009 8:00:58 PM PDT
by
VRWCTexan
(History has a long memory - but still repeats itself)
To: VRWCTexan
LOL.
Another bill they didn't read before signing.
59
posted on
03/17/2009 8:04:59 PM PDT
by
tobyhill
(Obama gets no free pass from Free Republic!)
To: Minn
AIG is one of the main players that created the massive derivative market for mortgage notes and debt. The people who manage it are a specialized group. Derivatives are not a major one gets a degree in from Yale or Harvard. You enter the career like an apprentice and over time learn the ins and outs. Unfortunately for us, the ones who created the financial time bomb are the only ones who can slowly defuse it without it blowing up in our faces and bringing down the world financial system. Like I stated in my post, the derivative market is 55 trillion to 1.5 quadrillion in liabilities. All the GDP in the world combined cannot cover the system when it collapses. This is the big shoe that hangs over our economic stability. Google the 2005 Congressional hearings on the derivative market. Congress knew about the potential problems posed by derivatives but no one wanted to regulate it or deal with it, or assumed the doomsday scenarios improbable. The collapse of Sept 2008 says otherwise.
60
posted on
03/17/2009 8:13:38 PM PDT
by
Fee
(Peace, prosperity, jobs and common sense)
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