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TREASURY BOSS: I PUSHED FOR AIG LOOPHOLE (mass Dem suicide---Tim, Obama, Dodd swilling Kool-aid)
NY POST ^ | 3/20/09 | Daphne Reiter , Washington

Posted on 03/20/2009 7:55:07 AM PDT by Liz

Tim Geithner admitted he asked Sen Chris Dodd (D-Conn) to protect AIG bonuses in the bailout bill. Geithner is in a finger-pointing match with Dodd "....we just expressed concern about a legal challenge," he told CNN. But Geithner was silent when Dodd insisted Treasury forced him to include the AIG exemption, and was silent when Obama's people told news outlets that Dodd's account (which Dodd changed from the previous day), was not true. Geithner also appeared to back away from Obamas' assertion that he first learned of the bonuses last week..... House Republicans moved to force Geithner to provide an accounting of all communications re AIG. Dodd said he remained confident in Geithner's performance. "I do, and the president does, and that's what's key," Dodd said.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Crime/Corruption; Extended News; Government
KEYWORDS: 111th; aig; bhotreasury; democrats; dodd; economy; geithner
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Go for it guys.

Tim sez "Dodd dood it"---- Dodd sez "Tim dood it." They all say "Obama done did it."

1 posted on 03/20/2009 7:55:07 AM PDT by Liz
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To: Liz

Forget about the bonuses...lets keep our eyes on the 8.5 TRILLION DOLLAR BAILOUT!!! (and that’s just the total as of 12/2009 ! )

By the time Hussein leaves office, we’ll all have to learn how to speak Chinese!!!


2 posted on 03/20/2009 7:58:20 AM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
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To: Liz
Are people in Connecticut SO STUPID that they would re-elect Dodd who got ILLEGAL LOANS from Countrywide and now this......and has a HUGE ESTATE in IRELAND after being a "public servant" HA for umpteen years??

WHERE DID HE GET THE MONEY????? Does he have a house in DC AND in CONNECTICUT AND IN IRELAND???? WOW!!

3 posted on 03/20/2009 7:58:22 AM PDT by Ann Archy (Abortion....the Human Sacrifice to the god of Convenience.)
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To: Liz
This would be like watching a “Laurel and Hardy” episode if the damage they are determined to do wasn't so great
4 posted on 03/20/2009 7:58:31 AM PDT by lakertaker (Libertarian Party since 1998)
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To: Liz
Popcorn to go with the KoolAid.


5 posted on 03/20/2009 7:58:41 AM PDT by Servant of the Cross (the Truth will set you free)
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To: Liz

If this were a Republican scandal, and scandal it is, the left and media would be calling for special prosecutors, investigations, resignations, and impeachment.

But since it is the most totalitarian leftist America has ever elected in charge.... Nothing...


6 posted on 03/20/2009 8:00:15 AM PDT by M1Tanker (Proven Daily: Modern "progressive" liberalism is just National Socialism without the "twisted cross")
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To: Grampa Dave

ping


7 posted on 03/20/2009 8:00:29 AM PDT by Liz (I was like Snow White, then I drifted. Mae West (on liberalism.)
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To: Ann Archy

Hey, as long as he did not get money from AIG...

Ooops....


8 posted on 03/20/2009 8:01:37 AM PDT by M1Tanker (Proven Daily: Modern "progressive" liberalism is just National Socialism without the "twisted cross")
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To: Liz

Once a liar and a cheat, always a liar and a cheat.


9 posted on 03/20/2009 8:01:55 AM PDT by Velveeta
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To: Liz

For some reason Obozo’s administration reminds me of the Three Stooges. Except ... I’m not laughing.


10 posted on 03/20/2009 8:02:07 AM PDT by meatloaf (Obama, Obozo ... what's the difference?)
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To: All
Police in Conn. chase outbreak of cockfighting
Boston Globe, March 16, 2009 By Keith O'Brien
FR Posted Monday, March 16, 2009 by GQuagmire

WATERBURY, Conn. - From a garage near an abandoned factory in the south end of town - the sound of squawking in the night. It's an odd noise....
But police in Waterbury knew exactly what they were dealing with. It was another cockfight.(Excerpt) Read more at boston.com ...

-------------------------------------------------

Rahm Emanuel instructs Obama to send a memo to Barney Frank: "Stay home, Barney. This is not what you think it is."

Too late. Barney had already left a message for Chris Dodd ......saying that he could not wait to see Dodd's (cough) package.

11 posted on 03/20/2009 8:03:26 AM PDT by Liz (I was like Snow White, then I drifted. Mae West (on liberalism.)
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To: M1Tanker

LOL...Dudd got over $100,000.00 LAST YEAR from AIG. Obama got the same!!!


12 posted on 03/20/2009 8:03:45 AM PDT by Ann Archy (Abortion....the Human Sacrifice to the god of Convenience.)
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To: Liz

In his “dog ate my homework” TV appearances, Geithner looks more like a “Timmy” than a “Tim”.


13 posted on 03/20/2009 8:04:34 AM PDT by bigbob
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To: Liz

Assemble the Circular Firing Squad!


14 posted on 03/20/2009 8:06:47 AM PDT by Uncle Miltie (A trillion here, a trillion there, and pretty soon you are talking about Zimbabwe money.)
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To: Liz

Geitner is just taking the grenade, he can be replace easily but you can’t dare have the others who are responsible (DFL Senators) admit they lied, cheated and will continue to do so in the future...

I need to shower again after reading this article...yuck.


15 posted on 03/20/2009 8:06:48 AM PDT by phatus maximus ( John 6:29. Learn it, love it, live it.)
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To: Ann Archy

(from NR “Campaign Spot” today)

I Wonder If President Obama Will Put Out an APB for ‘Suicide Bombers’

George Stephanopoulos reports via Twitter that AIG’s top three financial-products executives and several other officials resigned yesterday, giving the reason “fear for safety.”

03/20 10:47 AM Share


16 posted on 03/20/2009 8:07:22 AM PDT by roses of sharon (Pray Hussein fails!)
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To: kellynla

You indirectly bring up a good point:
the AIG bonuses are NOTHING, and that’s why they’re being focussed on, and that’s also why Dems like Dodd, and Geithner are willing to take the blame. As long as this little ritual can be played out on the National Stage, it will obscure the far more important stuff. But for now, all the guilty parties have their fingers crossed that the fallout from this won’t be too great, and that capital-A Absolution should begin and end here, with this entirely meaningless and arguable issue of AIG “bonuses”. They have been busy spinning it on one level, feigning no knowledge of their own culpability,but now their culpability has been revealed, so they “have to “ admit something, as Dodd did, in a perfect fit with Geithner’s only paying (part of) his outstanding taxes as he was about to enter the public eye big-time.


17 posted on 03/20/2009 8:07:55 AM PDT by supremedoctrine ("One was drawing funny faces, but his own was grave"--Richard Hughes, A High Wind in Jamaica)
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To: All

“Forget about the bonuses...lets keep our eyes on the 8.5 TRILLION DOLLAR BAILOUT!!! (and that’s just the total as of 12/2009 ! )”

Correction: Make that
“and that’s just the total as of 12/2008 ! )

sorry...I need another cup o’ Joe! LOL


18 posted on 03/20/2009 8:09:19 AM PDT by kellynla (Freedom of speech makes it easier to spot the idiots! Semper Fi!)
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To: Ann Archy
.....people in Connecticut ARE SO STUPID to re-elect Dodd ......ILLEGAL LOANS from Countrywide, a HUGE ESTATE in IRELAND after being a "public servant" .......and now this......WHERE DID HE GET THE MONEY?????

Sen Dodd (D-Conn) is THE lawmaker who legislated protection for AIG bonuses. The question is what Dodd got in return for approving the AIG bonuses----this schlemiel Dodd does nothing unless he gets his. Read on.

The Nov 9, 2008 Hartford Courant reported federal agents are investigating deals mortgage giant Countrywide Financial's co-founder Angelo Mozilo made to Dodd. Since the Dodd story broke in June, the five-term senator has offered contradictory fragments of explanations and intentions.

Dodd gallops the gamut from calling the allegations of special treatment "outrageous" to pledging repeatedly and specifically to release documents related to the $800,000 in sweetheart deals he got from Countrywide.

Still claiming "there's nothing there," Dodd refuses to say whether his Senate campaign committee's payments of $60,000 last summer to a Washington law firm----- which has a history of representing Democratic senators in trouble-----were for his defense in the Senate ethics investigation of his dealings with Countrywide.

Dodd suggested, before he fled to his third home in Ireland in August, that Countrywide was not cooperating in providing information.

Dodd still claims there was nothing unusual about the $800,000 in mortgages he got from Countrywide in 2003, but records refute that, too. Documents indicate that Dodd was getting a mortgage of $276,150 on his second home in Connecticut on July 3, 2003. The amount was reduced to $275,042 and the mortgage he was refinancing was paid off.

Dodd and his wife also got a home equity loan on their Connecticut property in East Haddam from Countrywide that day. But the course those loans took was very strange.

============================================

For nearly a year and a half, Countrywide failed (or declined) to secure its interest in Dodd's home by taking the ordinary and essential step of presenting the documents to the local town clerk and recording them in the land records.

The standard routine is for the homeowner to sign the loan documents, the borrowed money is sent to the lender being paid off and the new mortgage is recorded on local land records within a few days.

Dodd, however, signed some (but not all) of his loan documents himself.

Agents of Countrywide signed his $275,042 Connecticut mortgage. His previous mortgage with Countrywide was paid off but the new mortgage did not appear on the local land records for an astonishing 16 months.

For nearly a year and a half, Countrywide failed (or declined) to secure its interest in Dodd's home by taking the ordinary and essential step of presenting the documents to the local town clerk and recording them in the land records. This is exceedingly rare in the mortgage business. Too bad for Dodd mortgages leave detailed paper trails.

Now, it's likely that Dodd is on his hands and knees pleading with Obama to call off the Feds. That's why we need to take other routes to see that justice is done.

For example----Dodd (and his wife and family) are probably enrolled in high-roller comp programs at Conn casinos (and/or in other gambling venues). These programs show every nickel high rollers bet---including wins on which high rollers may not have paid taxes.

Casinos are very tightly regulated. They are more than happy to cooperate with authorities---to protect their licenses.

Casinos would also have records on the amount of untraceable casino chips Dodd (his wife and his family) received-----maybe gifts from AIG or Dodd's pal Angelo.

Authorities should also inquire if Dodd wire-transferred--- or if AIG wire-transferred---monies into Dodd's casino account, and if taxes were paid on these monies.

Connecticut Division of Special Revenue (Gaming Control Board)
WEB SITE http://74.125.95.104/search?q=cache:EPdMRVRy8g8J:www.ct.gov/dosr/

Mailing Addresses:

Division of Special Revenue (casino control)
555 Russell Rd.
Newington CT 06111-1523

Division of Special Revenue (casino control)
P.O. Box 310424
Newington CT 06131-0424

Another possibility: Dodd, AIG, and Angelo, may have used NETeller Plc to illegally convert monies that were then transferred offhore---to overseas gambling companies, for their personal use later. NETeller is an Isle of Man-based payment processor for gambling Web sites (suspected of having operations in the US Virgin Islands---a notorious money-laundering bank haven).

19 posted on 03/20/2009 8:10:51 AM PDT by Liz (I was like Snow White, then I drifted. Mae West (on liberalism.)
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To: Liz

It doesn’t matter if the Dems are blaming each other and the NY Post is reporting it.

The MSM will not report it to the mass of middle America. Middle America doesn’t know. Middle America doesn’t care. Middle America believes the financial problems are Bush’s fault because the MSM tells them so.

This will not end until the MSM is toppled.


20 posted on 03/20/2009 8:10:58 AM PDT by mbarker12474 (If thine enemy offend thee, give his childe a drum.)
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