Monday, March 16, 2009

Bail outs and bonuses

AIG has received $170bn in taxpayer money since being saved from bankruptcy in September. They are now giving $165m mostly to the very business division that wrecked the company's finances.

Obama has asked his Treasury Secretary to block the bonuses.

"Under these circumstances, it's hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay," Obama said. "How do they justify this outrage to the taxpayers who are keeping the company afloat?" He said he has asked Treasury Secretary Timothy F. Geithner to "pursue every single legal avenue to block these bonuses and make the American taxpayers whole."

Rep. Frank: We Own AIG, So 'Maybe It's Time To Fire Some People'

The public is outraged. When the public is outraged politicians say things. Will they do anything? Whose side are they on? Keep screaming. Let's find out.

Henry Paulson was behind the threats of martial law and a new great depression prior to the passage of the bailout bill.

The Bush adminstration worked very hard in multiple ways to keep the War on Terror going. The Red Cross has a report on the administration's efforts to recruit anti-US terrorists and reduce the credibility of our own intelligence through absurd torture.

US interrogators attached detainees to collars like dogs and used their leashes to slam them against walls, forced them to stand for days wearing only diapers, and tied detainees necks with towels and threw them against plywood walls, according to accounts in a secret 2007 report issued by the Red Cross to be printed in a New York magazine and leaked on Monday.

Your Job:

Pick someone to call in government and tell them how you feel. Here are some free switchboard numbers:

1-800-828-0498

1-800-459-1887

1-800-614-2803

1-866-340-9281

1-866-338-1015

1-866-220-0044

1-877-851-6437

No comments:

Post a Comment