Aig Bonus recovery

If AIG can be forced through the tyrany of cohersion and the blackmail of unreasonable taxation in it's legal contracts (Barney Frank), to give back contractually agreed upon compensation, the foundation of our nation, constitutionally is in grave danger!

These bonus payments could have been stopped as contingencies in exchange for bailout money, but were accepted and agreed upon by the principals in Timothy Geithner for one and Cris Dodd as another..

Shouldn't we recover the pay of a Congress that has failed miserably to honor it's contractual duties of proper fiscal management and prudent accounting for the people of the United States.

Right now, the scream of the day is the GM bailout where the extremely bad reasoning is that GM is too big to fail.

Bullshit, it's too valuable as a host body for the Demokrats constituency UAW, yep, the Union and it's reelection money/votes is what's being protected.

GM should have gone chapter 11 bancruptcy reorganization, where "ALL"contracts would have been renegotiated allowing GM to breath without the Boa-constrictor deathgrip the union parasite has on it.

The powerful Union (UAW) through it's lobby has called in the IOU's for past cash contributions and wants protection via preservation of the failed Auto manufacturer -PERIOD !

They lie, manipulate truth and wage a war of dissention against their employers, the people of the United States.

These low life cretons in our government have plotted and are now engaged to usurp the power of the people with their treachery.

They (Nancy Pelosi & friends)no longer protect but undermine and prostitute the Constitution for self grandisement and the furtherance of their own ideologies at the expense of irreperably damaginging the fabric of our culture and system of self governance!

You will not, without the accompaniment of armed insurrection, get the attention and obedience of these off the ranch traitors who have lost respect for their masters and must be made to pay..They do not feel you worthy, for lack of intelligence, to give you any respect and honestly, for 85% of you, thats so very true!
After all, they are aware how undeserving and obsurd it is that they are actually in the Halls Of Power of the "once " greatest Nation of the World -
"YOU PUT THEM THERE" dumbass!

While suturing a cut on the hand of a 75-year-old Texas
rancher whose hand was caught in a gate while working cattle,
the doctor struck up a conversation with the old man.
Eventually the topic got around to Obama and his bid to be our
President.

The old rancher said, "Well, ya know, Obama is a
"post turtle." Not being familiar with the term, the doctor
asked him what a "post turtle" was.

The old rancher said,
"When you're driving down a country road and you come across a
fence post with a turtle balanced on top, that's a "post
turtle".

The old rancher saw a puzzled look on the doctor's
face, so he continued to explain. "You know he didn't get up
there by himself, he doesn't belong up there, he doesn't know
what to do while he is up there, and you just wonder what kind
of a dumb ass put him up there."

" Financial Crisis"

Blame J.Carter, W.Clinton, B.Obama, C.Dodd, B.Frank, T.Geitner and all you liberal wannabe european commies out there !

For months, the Obama administration and members of Congress have known that insurance giant AIG was getting ready to pay huge bonuses while living off government bailouts. It wasn't until the money was flowing and news was trickling out to the public that official Washington rose up in anger and vowed to yank the money back.

We now, well most don't but will, know that the Conference Committees backroom/after dark stimulus bill was loaded with the quid pro quo paybacks that no one was supposed to read, just sign, in the name of emergency crisis - had to be done right now - no time to read - yet it sat on Obamalamadingdongs desk for three nights......(!)

Noel Shepard - IBD
"In particular, 1977's Community Reinvestment Act which required banks and savings institutions to make loans to the lower-income areas in the communities they served.

The Carter-era Community Reinvestment Act forced banks to lend to uncreditworthy borrowers, mostly in minority areas.

Age-old standards of banking prudence got thrown out the window. In their place came harsh new regulations requiring banks not only to lend to uncreditworthy borrowers, but to do so on the basis of race.

These well-intended rules were supercharged in the early 1990s by President Clinton. Despite warnings from GOP members of Congress in 1992, Clinton pushed extensive changes to the rules requiring lenders to make questionable loans. [...]

Failure to comply meant your bank might not be allowed to expand lending, add new branches or merge with other companies. Banks were given a so-called "CRA rating" that graded how diverse their lending portfolio was. [...]

In the name of diversity, banks began making huge numbers of loans that they previously would not have. They opened branches in poor areas to lift their CRA ratings.

Meanwhile, Congress gave Fannie and Freddie the go-ahead to finance it all by buying loans from banks, then repackaging and securitizing them for resale on the open market.

That's how the contagion began.

With those changes, the subprime market took off. From a mere $35 billion in loans in 1994, it soared to $1 trillion by 2008.

Readers are strongly encouraged to review this entire fact-filled piece to not only better understand the roots of today's financial crisis, but also to get a sense as to just how absurd media accusations of this all being Bush and McCain's fault are.

That said, from 1989 through 1995, I managed branches for two savings and loans: Imperial Savings, which got taken over by the Resolution Trust Corporation during the S&L bailout, and; Great Western Bank which eventually was purchased by Washington Mutual.

The pressure to comply with CRA was astounding, especially at Great Western as it was expanding throughout the country. Its ability to acquire other institutions was directly related to its CRA rating.

With this in mind, IBD's views concerning this matter are spot on raising a very important question: if the role of news media is to inform the public, why does a LexisNexis search indicate that as this crisis came to a head last week, its connection to CRA, Jimmy Carter, and Bill Clinton was almost completely ignored?

Would such a revelation make it difficult for Obama-loving press outlets to point fingers at George W. Bush and, more importantly, John McCain?

Yes, that's a rhetorical question.

—Noel Sheppard is the Associate Editor of NewsBusters.


Glass-Steagall Act;
An Act passed by Congress in 1933, that prohibited commercial banks from collaborating with full-service brokerage firms or participating in investment banking activities.

The Glass-Steagall Act was enacted during the Great Depression. It protected bank depositors from the additional risks associated with security transactions.

The Act was dismantled in 1999 . Consequently, the distinction between commercial banks and brokerage firms has blurred; many banks own brokerage firms and provide investment services.

November of 1999 Congress repealed the GSA with the establishment of the Gramm-Leach-Bliley Act, which eliminated the GSA restrictions against affiliations between commercial and investment banks
Hence the beginning of gourmet/voodoo investment products.

Despite how integrally tied the current crisis is to this bill enacted by a Democrat-controlled Congress and signed into law by Jimmy Carter, no major media outlet other than Investor's Business Daily and National Review Online mentioned it during last week's market meltdown."

AIG contracts or any other legal contract is protected by the Constitution and the Congress could have stopped it earlier before being paid out.

If you let the liberal Stalinesque Government rule over, pick and choose which contracts please them - or not is another nail in Americas coffin. Sure, but just the AIG contract and then we'll stop - no, the next one just might be yours!

You know, I was going to go on with this but then realized there are only 12 or so people out there that are capable of grasping, caring or have their heads out of their asses and not in OctoMoms' long enough to understand that this mess is CONGRESS's FAULT and most should be removed and the rest thrown in Jail.
The Senate finace committe made it possible for, and I beleive in my gut that it was done as quid pro quo for contributions that went to Dodd, Obama and more repubs included !

Screw it - have a nice day!

CIA Directors Daughter - OMG!

This came to me as an email;



Linda Panetta, the daughter of Leon Panetta, who was recently named by Barack Obama to be the new CIA director, is pictured here enjoying the fatherly embrace of the infamous, apparently loveable, one and only Hugo Chavez.


Linda is a supporter of all the anti-American regimes in this Hemisphere. Here she is with Hugo Chavez [Venezuela] getting the hug she apparently never got from her father that sent her into the never ending dreamland(Peter Pan)of needy adolescents whose feelings of infantile abandonment inhibits their transition into adulthood, which pretty much sums up the liberal left in general.

Linda and pals Hugo and Daniel Ortega [Nicaragua], two sworn enemies of the United States.
Ms Panetta is a radical anti-American activist who wants to close the anti-terrorist School of the Americas, in Fort Benning, Georgia, where Columbian soldiers are trained.

She says they are training criminals and is against any aid to the government of Colombia, our main ally in the region.

It is easy to confirm these facts... Visit some of her public web sites: (unless of course, they, for some reason have been removed or altered;)http://www.soawne.org

http://www.soaw.org/presente/index.php?option=com_content&task=view&id&&ItemidV

Would any reasonable and impartial individual be concerned if any of her activities are not duly probed and questioned during her father's confirmation hearings.
Would the Senate "advise or consent?"

These are frightening facts which should be made known to the American public and they compel any reasonable and impartial individual to pass them on.

This humiliation, Mr Obama, is your fault!
You could not have been in a legal state of mind to have not vetted this properly.
It's more likely you just don't care.

You sir are a fucking idiot and as far as I'm concerned still haven't convinced me that you are legally entitled to be President of this most unfortunate, God forsaken Nation !

Pelosi - That's MaDAME PELOSI To You !

From another email;

MADAME PELOSI

Madame Pelosi wasn't happy with the small private jet that comes with the Speaker's job, no, Madame Pelosi was aggravated that this little jet had to stop once to refuel, so she ordered a Big Fat 200 seat military jet that could get her back to California without stopping!
She is the first Speaker of the House to EVER in the history of our country have a jet of this type to use!


Many, many legislators walked by and grinned with glee as Joe The Plumber informed everyone that's what Nancy's Big Fat Jet costs us, the hard working American tax payers, thousands of gallons of fuel every week.

Since she only works 3 days a week, this gas guzzling jet gets fueled and she flies home to California , cost to the taxpayers of about
$60,000, one way!

As Joe put it,
"Unfortunately we have to pay to bring her back on Monday night." Cost to us another $60,000.
Folks, that is $480,000 per month and that is
an annual cost to the taxpayers of $5,760,000;

No wonder she complains about the cost of this war, it might cramp her style and she is styling, on my back and yours.

When I think of the military families in this country doing without while this woman, (the primadona known to her childhood school mates as "Princess Nancy Delisandro who would snap at those in her way. "Get out of my way, Do you know who I am? At least until one of them planted one on her chin!")
She and compadre Harry Reid not only control the White House from behind the big curtain but control the most do-nothing Congress in the history of this country, keeps fueling that jet while doing nothing.

Madame Pelosi wants you and I to conserve our carbon footprint. She wants us to buy smaller cars and Obama wants us to get a bicycle pump and air up our tires. These people are nuts, if you agree pass this on, if not don't cry fowl when you can't afford to fill your hybrid.

Obama and Michele's havin a party!

Hey man, whacha doin tonight?
I don't know, might go to a party I heard about.

Party! I'm down wit dat bro. Where's it at?

Tyrone gave me a address, here it is.

1600 Pennsylvania Ave NW
Washington, DC 20500
(202) 456-1414

Theys partyin all da time brother, big bands, dancin, fine women and high class lica.
Real nice place I hear!

By the way, here's Michele Obama as a concerned citizen;




HELLO!
That's not funny, it's goin on a lot and it's your dime!
Now let's not deny anybody a good time, even if we are on the verge of economic collapse.

Maybe they're inviting all those who lost their jobs and homes!

I wonder who paid for the brand new fancy swing set out back?

Those hoopies are spendin money like water.

And the parties! What next, some gangsta rappa will probably get shot out on the lawn?

Rush Limbaugh - Liberal Left is pissing all over themselves!

WOWeee!
The countries commies, black and white, are just losing their cotton picking minds over RUSH.

Ever since RUSH came out with his statement of intense disapproval over Obamas potentially catastrophic, economically suicidal budget, astride the apocalyptic non-stimulus plan, where he stated " I hope Obama fails" (regarding Obamas nationalistic communist plan for America that must not succeed).

Every lefty past and present, working and retired have come out claiming Rush is a toxic asset, how the republicans should shun him because he's bad for them and that republicans will go to hell if they don't take after the god like demokrats in denouncing The RUSH.

It's hilarious because Rush and the millions who understand and agree with him aren't republicans, they're CONSERVATIVES!

There are no more repukelicans, they left the ranch, turned coat, lost their way and identity and value to real Americans, those who wish to protect the Constitution, the essence of America and it's meaning..Contrary to "popular belief", that ain't European social shit ...

I could never watch CNN before, I mean it, I would get physically ill!
But I'm loving it now.
Watching those hysterical retards is the best show in town!

I've never seen so many psychological ticks all at once, in one place - it's awesome!
I mean every one of them has turned into a James Carvell/Hank Paulson impersonator.

What's even funnier is that they expect cooperation after the 8 years of anarchy and the Bolshevik bullshit they dished out.

Well baby, suck it up, every last drop !