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The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

Archive for March 30th, 2009

WASHINGTON TIMES: AIG chiefs pressed to donate to Dodd – UPDATE: AIG extorted employees to donate to Dodd!

Posted by iusbvision on March 30, 2009

We told you about the corruption and the the pay to play. Dodd was the #1 reviever of campaign money from these people and Obama is #2. We are being ripped off.

The Times:

As Democrats prepared to take control of Congress after the 2006 elections, a top boss at the insurance giant American International Group Inc. told colleagues that Sen. Christopher J. Dodd was seeking re-election donations and he implored company executives and their spouses to give.

Getty Images Sen. Christopher J. Dodd, chairman of the Senate Banking, Housing and Urban Affairs Committee, has lost some political standing heading into re-election because of his ties to American International Group Inc.

The message in the Nov. 17, 2006, e-mail from Joseph Cassano, AIG Financial Products chief executive, was unmistakable: Mr. Dodd was “next in line” to be chairman of the Senate Banking, Housing and Urban Affairs Committee, which oversees the insurance industry, and he would “have the opportunity to set the committee’s agenda on issues critical to the financial services industry.

“Given his seniority in the Senate, he will also play a key role in the Democratic Majority’s leadership,” Mr. Cassano wrote in the message, obtained by The Washington Times.

Mr. Dodd’s campaign quickly hit pay dirt, collecting more than $160,000 from employees and their spouses at the AIG Financial Products division (AIG-FP) in Wilton, Conn., in the days before he took over as the committee chairman in January 2007. Months later, the senator transferred the donations to jump-start his 2008 presidential bid, which later failed.

Now, two years later, Mr. Dodd has emerged as a central figure in the government’s decision to let executives at the now-failing AIG collect more than $218 million in bonuses, according to the Connecticut attorney general – even as the company was receiving billions of dollars in assistance from the Troubled Asset Relief Program (TARP). He acknowledged that he slipped a provision into legislation in February that authorized the bonuses, but said the Treasury Department asked him to do it.

UPDATE – Ainsley Aerhart goes over the numerous Chris Dodd scandals –

Fox & Friends on how AIG extorted it’s employees to give $160,000 to Sen. Dodd

Posted in Chuck Norton, Mortgage Crisis, Obama and Congress Post Inaugration | 1 Comment »

Heritage: Obama Breaks Transparency Promise Yet Again

Posted by iusbvision on March 30, 2009

 Heritage Foundation:

Obama Breaks Transparency Promise Again

Before President Barack Obama took office he promised to:

not sign any non-emergency bill without giving the American public an opportunity to review and comment on the White House website for five days.

In just his first week in the White House, Obama broke this promise twice signing both Lilly Ledbetter Fair Pay Act, and Medicare expansion bill without posting the bill for five day comment.

Today, Obama will break his promise to the American people yet again, this time by signing the Omnibus Public Land Management Act of 2009. There is no way that anyone of these three bills could possibly be considered an emergency. All three are clear broken promises by the Obama Administration.

Worse, the Omnibus Land Bill could definitely use some more scrutiny. Especially the provision that would criminalize casual collecting of paleontological resources on federal land.

Posted in 2012, Campaign 2008, Chuck Norton, Obama and Congress Post Inaugration | Leave a Comment »

Bill Maher To Troops: ‘At Some Point These People Are Gonna Have To Learn To Rape Themselves.’

Posted by iusbvision on March 30, 2009

Posted in Chuck Norton, Leftist Hate in Action | Leave a Comment »

It’s Gone Too Far! Obama ‘Fires’ CEO of GM.

Posted by iusbvision on March 30, 2009

This power grap has gone too far. Does anyone dare to tell me this is not socialism now???

Politico:

The Obama administration asked Rick Wagoner, the chairman and CEO of General Motors, to step down and he agreed, a White House official said.

On Monday, President Barack Obama is to unveil his plans for the auto industry, including a response to a request for additional funds by GM and Chrysler. The plan is based on recommendations from the Presidential Task Force on the Auto Industry, headed by the Treasury Department.

The White House confirmed Wagoner was leaving at the government’s behest after The Associated Press reported his immediate departure, without giving a reason.

UPDATE: Neil Cavuto comments –

Posted in Chuck Norton, Government Gone Wild | 1 Comment »