Posts Tagged ‘executive bonuses’

Collective Perspective & Republican Amnesia

Saturday, March 21st, 2009 by greenboy

The Repugs, riding the wave of public indignation, are having a field day with the AIG executive retention bonus crap.  And why shouldn’t they?  It was a Dem legislature that stripped out the provision to cap the bonuses of firms getting Federal bailouts to keep afloat?

I mean, $163 Million sure is a lot of money, right?

Well the public should get a sense of perspective, and call the Repugs out for their feigned amnesia – I mean where the fuck was all the ‘indignation’ when goddman Shrubya & the Repug Congress of the day lost $12 Billion in the ” biggest transfer of cash in the history of the Federal Reserve” in a ‘rebuild Iraq’ program that had Zero oversight and accountability?

It’s time for a reality check here – that is 2 orders of magnitude larger than when the Dems just pooch-screwed away, and what’s more – at least we know where the $163 Million ended up (and we might be able to get it back through a special tax)!!  The $12 Billion just vanished without a trace.

And that’s not including another $10 Billion spent on no-bid contracts with unenforced oversight handed out to Shrubya cronies on “questionable or unsupported charges in Iraq reconstruction contracts.”

There are days when I believe they put funny pills in the American drinking water supply.  Seriously.

Wreaking havoc on the banking system=terror!

Monday, March 16th, 2009 by greenboy

In a couple of days Ali Al-Marri will get another trip to a Federal court to see if he can go out on bail. After 3 years of Bushian limbo, the wheels of justice are beginning to start grinding again.

What was Al-Marri’s alleged crime? He was allegedly a sleeper agent for Al-Qaeda, whose mission was “to wreak havoc on the U.S. banking system.”

Huh?  I thought that was the job of Phil Gramm and the Repugs who deregulated the markets and looked the over way over the last decade while the mess was brewing?!?  Seriously, if Al-Marri was guilty as charged,  wouldn’t he be getting a big fat bonus like all financial services executives who *actually* wreaked havoc on the US banking system?

I’m confused here, why no bonus for Al-Marri?  Or court for the various actual executive ‘sleeper agents?’

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