Chuck Hagel was on Rachel Maddow last night and he went all out against the Republican Party, from putting a lot of blame for the economic mess on their shoulders, to defending Obama from Cheney’s recent comments. One thing that really stuck out to me was when Hagel was asked about Michael Steele and his […]
Congress can give the telecom companies immunity from criminal and civil prosecution for illegally tapping the phones of millions of citizens. So why can’t Congress offer a sort of immunity to AIG for not paying up on these so called “contracts”? I guess our constitution just isn’t as important as the people who helped run […]
As much as it kills me, I need to give credit to Malkin on this image: Now McCain is all against these bailouts? I guess he figures we forgot about his entire “suspension” of his campaign last year to fight for the TARP.
Richard Cohen has decided it’s time to defend Jim Cramer: What Jon Stewart needs is Jon Stewart. He could use a droll comedian to temper his ferocity and correct him when he’s wrong, as he was about the financial media, particularly CNBC and its excitable analyst Jim Cramer. They didn’t cover up the story of […]
It looks like all the talk Obama did about AIG yesterday was nothing but a smoke-screen: President Barack Obama said Monday that he would “pursue every single legal avenue to block” $165 million in bonuses to American International Group Inc. employees who were in part responsible for the insurance giant’s near collapse. But hours later, […]
It looks like action is starting to happen in regards to AIG. Of course Cuomo is leading the way: New York state’s attorney general joined the growing list of those angered by news of American International Group’s bonuses, and wants to have details on his desk this afternoon about who is getting it rewarded. Attorney […]
The Obama administration is in trouble. Public anger over these AIG bonuses appear to be the final straw: The Obama administration is increasingly concerned about a populist backlash against banks and Wall Street, worried that anger at financial institutions could also end up being directed at Congress and the White House and could complicate President […]
So the big talk from the right is this: Russia could use bases for its strategic bombers on the doorstep of the United States in Cuba and Venezuela to underpin long-distance patrols in the region, a senior air force officer said Saturday. “This is possible in Cuba,” General Anatoly Zhikharev, chief of the Russian air […]
The great white hype hope of the Republican Party, Sarah Palin, has decided she likes earmarks again. As matter of fact she is so defensive of them that she will send her minions out to take on anyone in the media who dares question them. Simply put – Sarah Palin is the key ingredient in […]
So even though we have given AIG $165 billion of our own money, they can still make massive payouts in the form of bonuses: American International Group is giving its executives tens of millions of dollars in new bonuses even though it received a taxpayer bailout of more than $170 billion dollars. AIG is paying […]