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"Extremism *in the defense of Liberty* is no vice."
"The Left isnt made up of friends&allies. It's made up of competing parasites."
AIG bonus outrage, if the press weren't their lapdogs Democrats would be a laughing stock 
17th-Mar-2009 12:13 pm
You know those AIG bonuses making national news that the Democrats are all upset about?

Chris Dodd: For AIG bonuses before he was against them

"While the Senate constructed the $787 billion stimulus last month, Dodd unexpectedly added an executive-compensation restriction to the bill. That amendment provides an 'exception for contractually obligated bonuses agreed on before Feb. 11, 2009, which exempts the very AIG bonuses" they are outraged, OUTRAGED about.

To review, Democrat Dodd added an amendment specifically protecting those bonuses, the Democrat Congress passed the bill, and Democrat President Teleprompter signed it into law days later.

And now Democrats are outraged that AIG has done this?!?

Here's a bonus:
"Sen. Dodd was AIG’s largest single recipient of campaign donations during the 2008 election cycle with $103,100"

If our mainstream media wasn't dishonest and blindly partisan this would be a national scandal.

I can't blame the Democrats. When you can obviously cause a WORLD financial crisis then manage to blame it on the opposition party, and THEN do nothing about what you claim is the problem, why wouldn't you pull this, too? McCarthyism's got nothing on Democrats.
Comments 
17th-Mar-2009 05:39 pm (UTC)
this is an obscene outrage. i'm reposting it instantly.

the only good point is that it finally and completely destroys whatever credibility the demokkkratic party had. how appalling.
17th-Mar-2009 06:13 pm (UTC)
We can only hope.
17th-Mar-2009 06:32 pm (UTC)
Wow. You weren't kidding.

I sure hope this is right. :)
18th-Mar-2009 07:08 am (UTC) - I sure hope this is right. :)
It is.

http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h1enr.pdf
    not be construed to prohibit any bonus payment required
    to be paid pursuant to a written employment contract
    executed on or before February 11, 2009, as such valid
    employment contracts are determined by the Secretary or
    the designee of the Secretary.
17th-Mar-2009 08:50 pm (UTC)
Do they know no shame? UGH.

I'm overhauling the journal I was using for "political posts" tonight, and this is going to be my first post. The dishonesty of the media (and congress) on this one just infuriates me. I feel like it's time I stop sitting here feeling annoyed (and assenting only in comments) and actually start spreading the word around about what I'm seeing (even though that means "liberally" lifting from things like the post you make here).

I started my "other" journal to have a clearinghouse for folks who might not otherwise have the time and inclination to look these things up on their own; to enourage them to know the issues and understand them before deciding. With what I am seeing and coming to realize, I feel like I'd be performing a disservice to not continue on with that function - even if what I'm stating seems at complete odds with everything I said historically.

I'm worried that some of my readers might have a heart attack at my apparent 180. ;)

Anyway, I ranted (at length) about my seeming U-turn in my regular, usually non-political, journal here.
17th-Mar-2009 08:56 pm (UTC)
Please, steal from them verbatim. wrtierspleasure just crossposted this code and all to five places. I want the word spread. A mention of a h/t or c/o is nice, but my primary concern is word spreading.


I'm DYING to see the reaction it gets. Horwitz is dearly loved. :) If you get the chance, I mildly recommend his books on his conversion.

Please do let me know what the political site is/will be.
18th-Mar-2009 08:22 pm (UTC)
Heh, I stole your use of color and everything for my first post. I did attribute though. ;)

My AiG thoughts.
17th-Mar-2009 09:21 pm (UTC)
Damn that was well said.
17th-Mar-2009 09:22 pm (UTC)
Oh, and I very much hope I'm wrong about alienating them. Good luck.
17th-Mar-2009 10:50 pm (UTC)
This whole AIG bonus outrage is just another plank in the agenda here.
Bottom line that will come of this.
Public outrage will be whipped up about this scandle. Dems will as they say "Tax it back".
Thus setting the president for them to tax anyone whom they feel has cash they "do not deserve". Read they wish to take and redistribute.

Fact: Congress(and Obama as a member of congress) knew about these contracts before they gave the bailout money.
Fact: Congress and the treasury department gave the bailout money with no strings.
17th-Mar-2009 10:57 pm (UTC)
You are dead on across the board.
18th-Mar-2009 05:18 pm (UTC)
Hmm, here's an article from last night with certain...er, "perspective":

http://politics.theatlantic.com/2009/03/dont_blame_chris_dodd_for_the_bonuses.php

Basically, the article says that Dodd is taking the blame for this when in fact the people that put the specific AIG provision in were a conference of White House staff, House, and Senate members. If true, I think this diminishes the single bad guy figurehead (of Dodd), but is ultimately much worse. For me, the appropriate finger pointing can be found in this sentence:

Dodd, the chair of the banking committee, agreed to this language because most all of the stakeholders - including the administration - wanted it. Bold emphasis was mine.
18th-Mar-2009 05:26 pm (UTC)
Eh, the more I read it I'm not sure if perspective should be in quotes or not. On first pass I thought Marc Ambinder was trying to take the heat off of Dodd without attributing it more to Congress and the White House. Reading it again I'm not sure if I was just a bit punchy about the topic - it's not hard hitting but neither is it quite as kid's gloves as I first took it.
18th-Mar-2009 05:34 pm (UTC)
Doesn't matter. Dodd comes out, best case, a puppet and fool for not realizing this would come back to bite him when the outrage started. I'm willing to accept those labels and move on, as I think most of what's going on is being organized by a group, and even half the Dems are caught up in a wave.

I remember when Libs were going nuts about Bush and the control of the PNAC. It seemed so ridiculous then. Now I am beginning to know how they felt.
18th-Mar-2009 05:32 pm (UTC)
Good info. I think the real villains are certainly the White House, and all Dems.

It was Dodd's amendment. If he knows what's in it, at the very least he had to know he'd look like an ass and hypocrite when the OUTRAGE started. I fhe didn't know what's in it, then he's just an ass.

But yeah. Maybe I wrote that poorly, as more than one person thinks I'm fingering Dodd. I'm fingering ALL OF THEM. They ALL pushed through a bill they didn't read, with everyone leftist's stealing-from-the-taxpayer's wet dream in it. I have no doubt all of this was organized, not by the White House, but by Obama & Company's masters. Whether that be Soros or some radical cabal, there is no doubt that was put in there on purpose, and this outrage is organized. Reid, Pelosi, Obama? They really aren't this bright.

This is so infuriating I can't express it.

Thanks much for the info. I do want to understand all I can about this.
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