Posts tagged as:

AIG

Liberals Don’t Care About The Rule of Law

March 31, 2009

Glenn Beck interviewed the Connecticut Attorney General (D-CT) yesterday on his Fox News television show regarding the Connecticut AG’s call to punish those who received bonuses for AIG.  As well as challenging him on why he was going after AIG executives but not fellow party member Chris Dodd, who is plagued with scandal, Beck kept [...]

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AIG Bonus Outrage is a Distraction

March 18, 2009

The circus that  is the AIG Bonus Outrage is a typical Washington case of wag-the-dog.  The bonuses were retention bonuses to keep employees who were laid off as part of the AIG restructuring, but needed for a specified amount of time for a transition.  AIG was legally-required to pay these bonuses, and it was even [...]

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The Socialist Bailout Fiasco

November 12, 2008

Conservatives such as myself warned back in September that the Bailout Bill proposed by Secretary of the Treasury Henry Paulson, passed by Congress, and signed into law by President Bush, was a socialist disaster in the making.  The bill was supposedly passed to help shore up our nations credit and unfreeze the credit markets.  Aside [...]

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AIG Bailout Shortens Path to Socialism

September 17, 2008

The AIG bailout by the Federal Reserve involves the FED “loaning” AIG $85 billion in exchange for nearly 80% equity in the company.  Now, it is within the Fed’s charter to loan money;  however, the fact that the Government has now nationalized a major private insurance company (although the Fed denies that this is what was done) [...]

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