It's pretty sad when the things that surprise you involve beauty queens having moral values and intelligence and the things that don't surprise you involve a government with its hidden agendas and corrupt agencies.
The Washington Post today posted an article that states that federal officials were aware of AIG's bonus payments to its executives. Yes, those are the outlandishly high bonus payments that were supposed to be retaining bonuses that you would think would be given only in the case of good company performance. However, that is obviously not the case. Yes, this is the company that we gave billions in TARP money to and they gave it to foreign countries and used it for other things such as bonuses. Disgusting? Yes. Surprising? No.
Different subject, a little bit surprising until you get to the end...
Long after last summer's "Montauk Monster" rotted away, another mysterious animal carcass has washed up on a Long Island, N.Y., beach.
"The beast smelled like a mix of low-tide and rotten garbage. It really smelled horrific," wrote Montauk-Monster.com blogger Nicky Papers. "I couldn't help but take numerous pictures of it and video clips."
Papers then goes on to speculate that the dead animal may be a result of biological warfare, and carrying the H1N1 swine-flu virus.
If this is a genetic mishap from Plum Island, we’d like to sell the remains to an independent lab for study.
Note: to read more about Plum Island Click Here They state that "We're equally proud of our safety record. Not once in our nearly 50 years of operation has an animal pathogen escaped from the island."
Unfortunately, it would not be surprising to me that this "Monauk Monster" could be from Plum Island. When you look at their list of projects, it seems that there is quite a bit of "research" going on that could very definitely cause some strange deformities in animals (and, for that matter, humans).
Now, back to the nation's financial situation...
The federal government, now that they have had a taste of ownership in the private sector, is considering an expansion of power. Yes, it's true. They now want to work out restrictions on executive pay in banks that received TARP money AND in banks that DID NOT receive TARP funds. The road to socialism continues. Surprising? Unfortunately, "I told you so" is probably going to become an old phrase.
To the topic that has been discussed, surprisingly a lot, on mainstream media outlets, Miss California, Carrie Prejean is allowed to keep her crown. Why does this subject surprise me? Well, for one, there is someone out there with beauty that also has brains and some sense of standards. Another thing...even with the backlash of her stating her opinion and being punished for it, Donald Trump is allowing her to keep her crown. I guess I didn't think that much of Donald Trump for one. So, his view of allowing her the honest opinion and still keeping her crown surprises me a lot! It doesn't surprise me that there are a bunch of photographer leaches that are using her previous photo sessions, even photoshopping them, against Carrie Prejean. She is handling it all like a seasoned pro, realizing that this is what happens when you stand by your faith and your moral standards in the year 2009. Listening to her is like a breath of fresh air. Finally! Someone is actually willing to risk their career for their integrity! Sorry Perez Hilton. You only gave yourself bad media coverage, making yourself into quite a joke and Carrie Prejean into the queen.
You know, sitting here at my computer with my broken nose, I can't stop thinking about how excited I am for Universal Healthcare. I think I'll daydream about that the rest of the day as I make plans to horde soft drinks before July hits. I wonder what Pepsi thinks of Obama's plans to tax the soda industry products. Weren't they a huge contributor/sponsor for his election?
Showing posts with label AIG. Show all posts
Showing posts with label AIG. Show all posts
Wednesday, May 13, 2009
Wednesday, March 18, 2009
AIG Rage or Just a Diversion?
Do you think that the government is corrupt and that it all changed when Obama entered office? Think again. Sure, the situation has gotten worse, but the housing crisis started during Clinton's years and has had oversight through Barney Frank, encouragement through Barney Frank, and now Barney Frank is answering the American taxpayer's frustration and outrage over the AIG bonuses but is not addressing the whole housing issue that started with him. Barney Frank is the chairman of the Committee on Financial Services (or House Banking Committee). Here is what he is over.
overseeing the entire financial services industry including
securities
insurance
banking
housing industries
Federal Reserve
Department of the Treasury
U.S. Securities and Exchange Commission
etc.
Along with Frank, Christopher Dodd is the chairman of the Senate Banking Committee, which deals with the following:
banks and banking
price controls
deposit insurance
export promotion and controls
federal monetary policy
financial aid to commerce and industry
issuance of redemption notes
currency and coinage
public and private housing
urban development and mass transit
government contracts
Here's an interesting list for you. It's a partial list of what AIG ($165 million in bonuses) did with their bailout money...can we say "money laundering"?
What taxpayer money did AIG give and to whom?
Goldman Sacs - $13 Billion
Merrel Lynch - $7 Billion
Bank of America - $5 Billion
United Kingdom - $13 Billion
Germany - $17 Billion
France - $19 Billion
Switzerland - $5 Billion
Note: 1. About $44 Billion went to America/American companies.
2. About $62 Billion went overseas/other countries/banks in other countries.
Do you want to know why they continue to harp on the $165 Million in bonuses? Because they don't want you to pay attention to the fact that our tax money has actually gone overseas instead of "stimulating" our own economy. Is the $165 million as big of a deal after you have seen this breakdown? Not really. Plus, do we want to lose the ability to make and keep contracts without the Federal Government interfering?
Don't get me started on this issue because it shows how our government is corrupt, laundering money, destroying the constitution, and so on. Oh, and by-the-way, shouldn't there be a term limit? Both Barney Frank and Christopher Dodd have been in office since 1981.
Additionally, there seems to be a never ending chain of corruption and greed that loops its way through Washington. Not only does the greed show its way in the Committee on Financial Services and the Senate Banking Committee, but also the Committee of Ways and Means, which is chaired by Charles Rangel (elected in 1971). Here is a list of what that committee is involved in:
all taxation, tariffs and other revenue-raising measures
Social Security
unemployment benefits
Medicare
enforcement of child support laws
temporary assistance for needy families (federal welfare)
foster care and adoption programs
Do you see a list of the "stimulus" in the bailout/spending bills?
It doesn't end there either. Nancy Pelosi, one of my favorite people as you may have read (who assumed office in the U.S. House of Representatives in 1987), served on the Appropriations Committee. Here is the "constitutional basis for the Appropriations Committee comes from Article one, Section nine, Clause seven of the U.S. Constitution, which states that:
No money shall be drawn from the treasury, but in consequence of appropriations made by law; and a regular statement and account of receipts and expenditures of all public money shall be published from time to time.
This clearly delegated the power of appropriating money to Congress, but was vague beyond that." Wikipedia
As one of the most powerful committees, its members are seen as influential and have the power to control the federal purse strings.
"how well the member secures rewards for his or her district is one of the best indicators as to whether or not he or she will be reelected. One way to achieve popularity in one's district is to bring it federal spending, thus creating jobs and raising economic performance. This type of spending is often derided by critics as pork barrel spending, while those who engage in it generally defend it as necessary and appropriate expenditure of government funds. The members of the Appropriations committee can do this better than most, and as such the appointment is regarded as a plus. This help can also be directed towards other members, increasing the stature of committee members in the House and helping them gain support for leadership positions or other honors." This essentially is why the spending bill had around 9,000 earmarks...those who placed those earmarks want to do so to be re-elected. Isn't that insane?!!!
Who is the current chair for this committee? David Ross Obey.
I'm sure that this post could go on for days with the information I've researched but one thing is clear...too much power, too little reality, too many committees, too little accountability, too much insanity!
overseeing the entire financial services industry including
securities
insurance
banking
housing industries
Federal Reserve
Department of the Treasury
U.S. Securities and Exchange Commission
etc.
Along with Frank, Christopher Dodd is the chairman of the Senate Banking Committee, which deals with the following:
banks and banking
price controls
deposit insurance
export promotion and controls
federal monetary policy
financial aid to commerce and industry
issuance of redemption notes
currency and coinage
public and private housing
urban development and mass transit
government contracts
Here's an interesting list for you. It's a partial list of what AIG ($165 million in bonuses) did with their bailout money...can we say "money laundering"?
What taxpayer money did AIG give and to whom?
Goldman Sacs - $13 Billion
Merrel Lynch - $7 Billion
Bank of America - $5 Billion
United Kingdom - $13 Billion
Germany - $17 Billion
France - $19 Billion
Switzerland - $5 Billion
Note: 1. About $44 Billion went to America/American companies.
2. About $62 Billion went overseas/other countries/banks in other countries.
Do you want to know why they continue to harp on the $165 Million in bonuses? Because they don't want you to pay attention to the fact that our tax money has actually gone overseas instead of "stimulating" our own economy. Is the $165 million as big of a deal after you have seen this breakdown? Not really. Plus, do we want to lose the ability to make and keep contracts without the Federal Government interfering?
Don't get me started on this issue because it shows how our government is corrupt, laundering money, destroying the constitution, and so on. Oh, and by-the-way, shouldn't there be a term limit? Both Barney Frank and Christopher Dodd have been in office since 1981.
Additionally, there seems to be a never ending chain of corruption and greed that loops its way through Washington. Not only does the greed show its way in the Committee on Financial Services and the Senate Banking Committee, but also the Committee of Ways and Means, which is chaired by Charles Rangel (elected in 1971). Here is a list of what that committee is involved in:
all taxation, tariffs and other revenue-raising measures
Social Security
unemployment benefits
Medicare
enforcement of child support laws
temporary assistance for needy families (federal welfare)
foster care and adoption programs
Do you see a list of the "stimulus" in the bailout/spending bills?
It doesn't end there either. Nancy Pelosi, one of my favorite people as you may have read (who assumed office in the U.S. House of Representatives in 1987), served on the Appropriations Committee. Here is the "constitutional basis for the Appropriations Committee comes from Article one, Section nine, Clause seven of the U.S. Constitution, which states that:
No money shall be drawn from the treasury, but in consequence of appropriations made by law; and a regular statement and account of receipts and expenditures of all public money shall be published from time to time.
This clearly delegated the power of appropriating money to Congress, but was vague beyond that." Wikipedia
As one of the most powerful committees, its members are seen as influential and have the power to control the federal purse strings.
"how well the member secures rewards for his or her district is one of the best indicators as to whether or not he or she will be reelected. One way to achieve popularity in one's district is to bring it federal spending, thus creating jobs and raising economic performance. This type of spending is often derided by critics as pork barrel spending, while those who engage in it generally defend it as necessary and appropriate expenditure of government funds. The members of the Appropriations committee can do this better than most, and as such the appointment is regarded as a plus. This help can also be directed towards other members, increasing the stature of committee members in the House and helping them gain support for leadership positions or other honors." This essentially is why the spending bill had around 9,000 earmarks...those who placed those earmarks want to do so to be re-elected. Isn't that insane?!!!
Who is the current chair for this committee? David Ross Obey.
I'm sure that this post could go on for days with the information I've researched but one thing is clear...too much power, too little reality, too many committees, too little accountability, too much insanity!
Tuesday, March 17, 2009
Who is Monitoring the Monitors?
Does anyone reading this wish they got a giant bonus at the end of the year? Do you wish you had a contract that meant that you would receive a $100,000 bonus? Of course you do. And you would care about doing a good job...the right job if you had a contract for that dollar figure wouldn't you?!
Well, yesterday my husband was laid-off and my twenty cents a day from this blog isn't going to put food on our table. Not to give a sob story but I look at what the bonuses are for these people for the FAILING part of AIG and I just have to shake my head and go "huh?". What is wrong with this system? One big thing...it's part of the system.
Note: Our information is listed below. If you can consider us for opportunities that you see out there, please contact us on our LinkedIn accounts.
My Husband's LinkedIn
My LinkedIn Info
Sure, it is reported that a Republican Senator suggested that "AIG’s executives should resign or commit ritual suicide in shame over the bonus payments", but that doesn't mean that the contract wasn't already there for them to receive the bonuses in the first place. Where did the contract come from? Well, since we bailed them out...us.
Who is monitoring the monitors? I guess it us up to us to do that job.
What have you done in your spare time today? Watch TV? Play solitaire on the computer? Volunteer your time to your community or to your country?
If it wasn't the later, rethink what you are doing. It has to start somewhere and it has to start with you and I.
Well, yesterday my husband was laid-off and my twenty cents a day from this blog isn't going to put food on our table. Not to give a sob story but I look at what the bonuses are for these people for the FAILING part of AIG and I just have to shake my head and go "huh?". What is wrong with this system? One big thing...it's part of the system.
Note: Our information is listed below. If you can consider us for opportunities that you see out there, please contact us on our LinkedIn accounts.
My Husband's LinkedIn
My LinkedIn Info
Sure, it is reported that a Republican Senator suggested that "AIG’s executives should resign or commit ritual suicide in shame over the bonus payments", but that doesn't mean that the contract wasn't already there for them to receive the bonuses in the first place. Where did the contract come from? Well, since we bailed them out...us.
Who is monitoring the monitors? I guess it us up to us to do that job.
What have you done in your spare time today? Watch TV? Play solitaire on the computer? Volunteer your time to your community or to your country?
If it wasn't the later, rethink what you are doing. It has to start somewhere and it has to start with you and I.
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