REAL CRIME REPORT: WASHINGTON D.C.

Obamanomics: AIG Bonus addition

President Obama is shocked that some people at AIG were given bonuses totaling $160 million dollars. He's either lying or has no clue what members of his administration are doing. Meanwhile the idiots in Congress retroactively impose a 90% tax on those bonuses which were legally given out. Which is a scary proposition for those of us who pay taxes. Meanwhile, Senator Chris Dodd who originally had a provision in the "Stimulus Bill" that would limit these bonuses but, the Obama administration had him take those restrictions. He's not the only one who was boondoggled by the Obama administration:

"The culprit behind the killing of the Wyden provision remains unsolved -- but Dodd fingering Treasury adds weight to Wyden's sense that members of Obama's economic team were behind the elimination of his amendment. And, in both cases, major decisions involving taxpayer money were carried out in a way that flies not in the face of fairness, but in the face of the administration's promises of transparency and accountability." -Huffington Post

So with Obama like his predecessor George W. Bush the questions remain he is he lying about knowing about the bonuses or clueless about what it is going in his administration. Obama should know that he can no longer escape the issues and accountability by speeches. Because they are becoming just words.

Obama and Dodd got their AIG bonuses

My my from "the when you wonder why things happen file". Take a look which two politicians got the most money from AIG in 2008: Why it's:

Barack Obama

Chris Dodd

File this info in the "Hello Suckers" file! Yeah they are outraged over the AIG bonuses. All they got was a measely hundred thousand dollars.

TIME MAGAZINE: The usual suspects?

File this under: "You've got to be kidding?" Seems TIME magazine did an article of a list of the 25 most responsible to blame for the economic bailout mess. But, left off two prime suspects dumbocratic Senator Chris Dodd and Congressman Barney Frank. It seems they got quite a few letters complaining about this oversight in reporting.

Bank, bailouts, extortion and the Senate

Well Wall Street and the banks seem to be using extortion to try and get Congress to have U.S. taxpayers buy up their crap sub prime loans. In the Senate it looks like their lobbyists may have succeeded in getting dumbocrats like Chris Dodd to railroad this through. Meanwhile the banks are using extortion to make the situation worse. By tightening credit the are making the situation worse on purpose/ Nobody is actually asking the question that these banks can not keep up this extortion for long because they are in business to lend money. That's why they are trying to rush Congress to pass this bailout bill before people realize the game they are playing. If they get away with it it will be the biggest rip off the U.S. taxpayers.