Obama, Dodd Outraged at AIG Campaign Cash
by Scott Ott for ScrappleFace • 69 Comments

(2009-03-17) — As the furor over AIG executive bonuses threatened to bring the current economic recovery to a halt, President Barack Obama and Sen. Chris Dodd today threw fuel on the fire, announcing their “fierce outrage” upon hearing that the insurance giant had given each of their campaigns more than $100,000 last year.

“While AIG was collapsing, and her executives crawling to DC with hat in hand,” said Sen. Dodd, D-CT, “my campaign, and then-Senator Obama’s were getting what can only be termed influence bonuses from the same firm. Naturally, I knew nothing about this, and I’m now seething with anger at the injustice.”

[Edited for length.]

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So, the two entities that came together and ”compromised” on the bill and took out the provision that could have prevented the big aig bonuses from being paid out are also the two entities that got the most campaign contribution cash from the company … routed from guess who? US, our f’ing tax money/future debt! They are taking our tax money to maintain their power structure. How can this relationship not be considered as being one that has coalesced into being an adversary of the american people?

So let’s review their money laundering/plundering operation:

Step 1: The government (G) takes the money off us to rescue aig (A).

Step 2: some decision makers in aig (A) feed some of the money back into election campaigns of our .. no, sorry … their politicians in our … sorry … their government (G).

Step 3: then their politicians (G) that decisions makers in aig (A) fed OUR money the most to, turn around and ”compromise” on a bill that leaves a loop hole that allows some of those same decision makers in aig (A) get huge bonuses …

… even though they (A) are the ones responsible for crashing our economy .. the world economy … and (G) let them do it. Which necessitated (G) stealing the original money off of us … money which they personally acquired a portion of after changing hands with it a few times before it finds itself resting comfortably in their pockets. I guess that is what criminal organizations call washing money … huh

AND WHY THE FUCK ARE THESE COMPANIES ABLE TO TAKE OUR TAX PAYER DOLLARS AND THEN TAKE THAT MONEY, OUR MONEY, AND FEED IT BACK INTO OUR POLITICAL SYSTEM TO USE AS LEVERAGE TO BRIBE OUR POLITICIANS SO THAT THEY CAN GET IT INTO THEIR PERSONAL POCKETS????!!!!! AND WE WONDER WHY ALL THIS MONEY IS BEING SUNK INTO OUR ECONOMY AND YET THE ECONOMY GOES NOWHERE!!!!! BECAUSE IT IS NOT GOING TO US … OUR MONEY … IT IS GOING TO THEM!!!

Actually, more accurately they are stealing future tax dollars from us that we will pay a more immediate price for in the form of inflation as they inflate the money supply and grab the extra money coming in and … since it does not make its way back to us … our money is diluted.

Was this purposeful by obama and dodd? I do not know … but it looks pretty bad because the two people that happen to be so pivotal in making sure that the provision got removed, got the most money. And they, dodd in particular, did not know that they were getting this much aig money in campaign contributions until now? especially dodd … it’s money from his home state.

But, regardless, this is what our system has devolved to: a thistle maze of corruption. And this lays it bare and it looks very, very ugly lying … probably in more ways than one … naked.

can anyone keep a straight face and say that this is OUR government? That this government is not in fact OUR ENEMY? The development of this monstrosity is much, mucch more bush’s and even clinton’s fault than obama’s, to be fair. But this is what it is now: a cancerous growth between their government and themselves/the banking elites that not only steals wealth off of us but indirectly causes deaths amongst us … suicides, broken families, broken relationships, and an overall poorer quality of lives as a result of the economic predicaments it puts our more vulnerable into. And actually often our simply unluckiest. They take so much off of us that people that want to make a living and work a productive job can’t … while they produce nothing but take everything they can.

And this is the same government that incarcerates us more than any other on the planet raw number wise and per capita wise with this country having 5% of the world’s population and 25% of the world’s prison population. This government, which essentially is a corporate big business/wall street subsidiary … more bluntly: a criminal operation specializing in murder, theft and fraud … is not our government. It is our enemy. It is our ruler … and we are its subjects.

Welcome to AIGovernment … the sticky hands people … you are here for us.

We are an insurance company that takes premiums from you so that in the event that we create a huge economic disaster, we can maintain our wealth and power order. But don’t worry, you don’t have to send in the premiums, we take them from you ourselves with direct withdraw.

AIGovernment … it’s ours and you paid for it.

And we also take your money at 0% interest and loan it back to you at 9%.

Z

Outstanding piece.

I have taken your thesis and expanded it.

“Of Bonuses, Lies and Videotape: Tim Geithner Might Not Last the Weekend”

The AIG bonus issue is quickly becoming a nightmare for the Obama administration as several new reports now call into question the truthfullness of statements made by administration officials earlier this week. The issue has now advanced to the who-knew-what-and-when stage, which is generally a prelude to a forced resignation. The obfuscation and outright lies from members of the Obama administration support the notion of a cover-up. We reveal the details below.

http://dailybail.com/home/bail…..e-the.html

Links to your 2 articles are included prominently.

I don’t know what Obama is thinking when it comes to all of this. Many people who support Obama (myself included), are scratching their heads trying desperately to someway give him the benefit of the doubt, even though we all know he has made some serious mistakes in judgement. There is an old saying that we have all heard many times – “If it looks like a duck and quacks like a duck, then its a duck!” Pure and simple…

Obama should take full and direct responsibility for this mess.

Right.
Responsibility is the hallmark of all reformed libs. You ought to know.

http://www.butasforme.com/2009…..t-bonuses/

Obama should take full and direct responsibility for this mess.

Next time you’ve corralled Dodd or Frank, ask them what are the total outstanding derivative losses and unresolved credit risk liabilities from the London operation both on and off AIG’s balance sheet?

When they say they don’t know, ask them by when will they confirm the figures, then disclose to U.S. taxpayers their full purchase price for 80% of AIG — $170 billion & counting + all assumed liabilities?

It was clear from the first $85 billion bail out that from that point on, Paulson’s Fed mafia now would be in charge of guarding the graveyard where most of these obscenely leveraged WMD bodies were buried.

This isn’t a crisis of confidence. It is a confidence game in crisis.

So in Canada you pay taxes to Canada and then unless you make a lot of money you don’t pay any to the US. However, you have to file the US forms with calculations showing you don’t meet the threshold. And no US social security if you haven’t paid into it. The situation is much complicated by working overseas only for a short period (like part of a year … egads!)

If you do earn enough to have US taxes kick in, Canada then gives you a break on those amounts, reducing your Canadian taxes (but those forms really complicated).

It’s really really fun to have US witholding (for family real estate in the US in my case) while you are living in Canada and try to fill out the forms well enough to get THAT back.

Hope that helps.