Related Articles:
CNN
CNN
Newsmax
Quotes from first article:
"Treasury Secretary Timothy Geithner confirmed Thursday that the department did talk to Sen. Chris Dodd about a clause he put forth in the stimulus legislation that would have strictly limited executive bonuses."
"Dodd, chairman of the Senate Banking Committee, also acknowledged Wednesday his role in controversy, after previously denying having anything to do with crafting language that permitted the bonuses."
So he lied to us, flat out. Why do we elect people we can't trust and then continue to vote for the same idiots?
"'It's my responsibility; I was in a position where I didn't know about those sooner. I take full responsibility for that,' he said."
You knew about this sooner. This deal about the AIG bonuses isn't as bad as it seems. AIG signed an agreement a year ago that stated these bonuses would be paid and they did it so that some of the executives they wanted would stay so they wouldn't have crashed even sooner. Now that the government messed up, they are trying to blame everyone else and they look really, really bad right now.
"On Tuesday, Dodd denied that he had anything to do with adding the language"
That's nice. He likes to lie. Let me ask any of you, if they lie this much until they get caught, what are they actually telling the truth about? Any of them? There is NO transparency. The government now wants to subpoena all of the executives that the head man wouldn't give up and he wouldn't give them up because he and his whole family have been receiving death threats and he doesn't want them to. Why don't we, the people, subpoena all of you Congressional morons to court to tell us every little thing you do?
"But, saying his previous comments had been misconstrued, Dodd said Wednesday that he added the exemption after getting pressure from the Treasury Department."
Now it is pressure?
"'I agreed reluctantly,' Dodd said. 'I was changing the amendment because others were insistent.'"
Now you go against your principals because of pressure? What a loser you are. If you go against what you think is right because some other people said so, you truly are a hopeless lunatic.
Quotes from second CNN article:
"Dodd, a Democrat, told CNN's Dana Bash and Wolf Blitzer that Obama administration officials pushed for the language to an amendment designed to limit bonuses and 'golden parachutes' at those companies."
So wait, now it is the Obama administration? Who is it really Dodd?
Quote from last article:
"President Barack Obama has called the bonuses that AIG paid its employees an 'outrage,' but Obama himself received a 'bonus' of sorts from the insurance giant — more than $100,000 in campaign contributions."
NOW we get to the bottom of it. This is why they let AIG get the bonuses and even helped them. Now that it went public they are trying to clean themselves of the situation. It is a good thing some people like me know how to put research together to stop you bunch of zoo animals.
Showing posts with label Stimulus. Show all posts
Showing posts with label Stimulus. Show all posts
Thursday, March 19, 2009
Wednesday, March 11, 2009
Even Democrats Getting Impatient
Related Articles:
CNN
It appears even some people in the President's own party are becoming concerned over the so-called stimulus package. Yes, that would be the one they voted for; I guess they didn't think that far ahead. The odd thing is, in the first paragraph of that article, it says that some Democrats are demanding greater transparency with the spending of the package. I find this interesting considering the whole thing was supposed to be entirely transparent in the first place and this is the main reason I even posted this.
Recovery
During President Obama's big speech he said that every bit of money spent would be shown to the public on the website I just provided. There is nothing in detail on that site. Nothing. I want to see "transparency" Mr. President. I want to see where every dime of that money is going and I don't want it to be vague. For instance, "this amount of money is going toward road construction" is very, very vague. That tells us nothing important. For all anyone knows you could be paying off CEO's of construction companies and that is it. I wouldn't put it past anyone to do things like this and that is why we need "transparency". We need to show the public exactly how much money is being given to whom and for what. If someone is working for the government, contractor or not, that information should be public.
CNN
It appears even some people in the President's own party are becoming concerned over the so-called stimulus package. Yes, that would be the one they voted for; I guess they didn't think that far ahead. The odd thing is, in the first paragraph of that article, it says that some Democrats are demanding greater transparency with the spending of the package. I find this interesting considering the whole thing was supposed to be entirely transparent in the first place and this is the main reason I even posted this.
Recovery
During President Obama's big speech he said that every bit of money spent would be shown to the public on the website I just provided. There is nothing in detail on that site. Nothing. I want to see "transparency" Mr. President. I want to see where every dime of that money is going and I don't want it to be vague. For instance, "this amount of money is going toward road construction" is very, very vague. That tells us nothing important. For all anyone knows you could be paying off CEO's of construction companies and that is it. I wouldn't put it past anyone to do things like this and that is why we need "transparency". We need to show the public exactly how much money is being given to whom and for what. If someone is working for the government, contractor or not, that information should be public.
Labels:
Democrats,
Economy,
President Obama,
Stimulus
Tuesday, February 24, 2009
Oh, The Stimulus Package
Related Articles:
Fox News
CNN
It is quite obvious at this point that most Republicans really do not approve of the "stimulus" package that was recently passed and signed. Although there have been many other wasteful programs pointed out, Louisiana Governor Bobby Jindal points out a few.
Quote from CNN article:
"He spoke to a large group of reporters after the session Monday, noting items such as $1 billion in added spending for the national census and $50 million in federal spending for the arts."
Items like these do not belong in an economic stimulus bill, period. I totally agree with the Republicans on this. There are some things in this bill that may help in the long run and may not. No one really has any idea what is going to happen. The two things mentioned above are not economically stimulating. The reason I am making a big deal about small things like this is the same reason I made a big deal about the new helicopters: in a time like this, every penny matters. This is not a time to say "it's just $1 billion dollars out of $900 billion." It is still $1 BILLION DOLLARS. When President Obama states that 90% of the bill is good and the other 10% is not a reason to vote against it, he is completely wrong. If he is telling the truth when he states the ratio of 90%, there is an incredible amount of waste. 10% of that money is $90 BILLION DOLLARS!
Some people will say that most of the bill is good and some politicians need to have benefits in the bill in order for it to receive their vote. I say those politicians should all be voted out and never run for office again. Anyone, in any party, who votes for a bill they don't completely believe in because a benefit was added to receive their vote should be removed from office now. The only way for this to happen is for people to pay attention, get angry about it, and do something.
Time for a little bashing of the Republicans now.
Quote from the Fox News article:
"Although he said Republicans are willing to work with Obama and congressional Democrats, his remarks continued the generally harsh Republican reactions to Obama's bid to boost the U.S. economy with billions of dollars in spending."
No Mr. Jindal, you are not willing to compromise just as the Democrats are not willing to compromise. You take turns saying this exact same thing when the other side takes control so you can seem like the good guys for the next election; the good guys who got snubbed by the big powerful opposites.
Fox News
CNN
It is quite obvious at this point that most Republicans really do not approve of the "stimulus" package that was recently passed and signed. Although there have been many other wasteful programs pointed out, Louisiana Governor Bobby Jindal points out a few.
Quote from CNN article:
"He spoke to a large group of reporters after the session Monday, noting items such as $1 billion in added spending for the national census and $50 million in federal spending for the arts."
Items like these do not belong in an economic stimulus bill, period. I totally agree with the Republicans on this. There are some things in this bill that may help in the long run and may not. No one really has any idea what is going to happen. The two things mentioned above are not economically stimulating. The reason I am making a big deal about small things like this is the same reason I made a big deal about the new helicopters: in a time like this, every penny matters. This is not a time to say "it's just $1 billion dollars out of $900 billion." It is still $1 BILLION DOLLARS. When President Obama states that 90% of the bill is good and the other 10% is not a reason to vote against it, he is completely wrong. If he is telling the truth when he states the ratio of 90%, there is an incredible amount of waste. 10% of that money is $90 BILLION DOLLARS!
Some people will say that most of the bill is good and some politicians need to have benefits in the bill in order for it to receive their vote. I say those politicians should all be voted out and never run for office again. Anyone, in any party, who votes for a bill they don't completely believe in because a benefit was added to receive their vote should be removed from office now. The only way for this to happen is for people to pay attention, get angry about it, and do something.
Time for a little bashing of the Republicans now.
Quote from the Fox News article:
"Although he said Republicans are willing to work with Obama and congressional Democrats, his remarks continued the generally harsh Republican reactions to Obama's bid to boost the U.S. economy with billions of dollars in spending."
No Mr. Jindal, you are not willing to compromise just as the Democrats are not willing to compromise. You take turns saying this exact same thing when the other side takes control so you can seem like the good guys for the next election; the good guys who got snubbed by the big powerful opposites.
Labels:
Money,
President Obama,
Stimulus
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