Obama CALLING OUT AIG, Right Now

[mudesi]

I love this man.

[marketcrazy1]

1. any details???

link??

[Taverner]

2. Good. Now can we do something?

Talk is just talk, its great and its good talk

But when can we take AIG, flush them into the proverbial toilet and stick the execs on some VERY REAL spikes?

[nolabear]

5. Fine metaphors, but

respectfully, got any real suggestions? Regulation, perhaps? Letting them keep their positions only if they agree to scrupulous oversight (which will make the GOP nuts but foxes don't get to mkae the rules in the henhouse). Other ideas?

[Taverner]

19. Re-regulation is essential. Capitalism of any stripe will die without it

That is the only thing that prevented this from happening between FDR and Carter. Once Reagan went psycho, all bets were off.

[Myrina]

15. Suggestions:

1. Immediate resignation with no golden parachute AND
2. Pay back any bonuses received in 2007-2008-2009 OR
3. Stay on at the company with a cap salary of $400k/yr and limited stock options/compensation AND
4. Pay back any bonuses received in 2007-2008-2009 AND
5. Agree to resign with no parachute if the company and its mortgage holders don't experience a turnaround by EOY 2009.

[Taverner]

20. Yes x 5

And also I want the banks regulated TO DEATH!!!!!

I want software that tracks every time a clerk has to take a shit

I want red tape so ever present, their white shirts turn pink by the end of the day

And if they can't make any cash, TOO FUCKING BAD

[Myrina]

29. I like!!

:applause:

[nolabear]

3. "I'm choked up with anger, here!"

I love him too. One by one, with openness and calm, he's addressing the issues.

And, I might add, the market is climbing again today.

[wtmusic]

14. One talking point I love to hit investor Republicans with

is that historically the market has done far better under Democratic administrations.

So much for trickle-down.

[brentspeak]

4. "Calling out"?

Who cares? Lot of good that will do.

It's very simple: show AIG's management the door, put the company into receivership or else completely nationalize it, or declare it bankrupt.

[Donnachaidh]

6. I have to agree -- this calling out is pure PR

DO SOMETHING other than telling us what you plan on doing.

JAIL some of these motherf*ckers.

[Robbien]

8. True. Big deal they get a tongue lashing. They have their million dollar bonses

to keep them happy.

[Deja Q]

12. Exactly.

[SammyWinstonJack]

13. Money talks bullshit walks.

:applause:

[northernlights]

7. sorry, scolding is not good enough

No bonuses. No bailout money. Shut them down. Use the bailout money to perform whatever the fuck it is they are supposed to do to begin with.

And FIRE SUMMERS AND GEITHNER.

Nothing less will suffice.

[chimpymustgo]

11. Agreed. And get all the other bonus money BACK. Shut up and REPAY US.

[closeupready]

16. Summers is CLEARLY part of the problem. I puked at his performance yesterday.

It was sheer drama, nothing else. Like that Rihanna song, he puts on a good show, should take a bow.

[chimpymustgo]

17. Yesterday, when EVERYBODY said "there's nothing we can DO! We've tried EVERYTHING." Talk is cheap.

Let's see some action, and I'm all in.

[MrPerson]

9. We still do renditions, right?

[MrPerson]

10. I hear that most of the recipients are British.

[Robbien]

18. All the recipients are banks. Goldman being the biggest winner

And UBS, who is hiding illegal tax exempt US accounts, got a nice pile.

AIG kept just hundreds of millions. Banks got hundreds of billions.

[jaxx]

21. This thread went to hell in a hurry.

I'm with you, I love him too and you have to respect his sticking his neck out over and over just to get it stomped on by those who think they can do better. Bah!

[Robbien]

24. Yelling about millions in bonuses is a distraction from the hundreds of billions AIG gave to banks

It is a smokescreen. Obama trying to raise the ire on bonuses so that people will stop complaining about the nice big pile of money handed over to the banks.

Since Obama is surrounded by advisers who are all banksters, the first priority is always protect the banks butt.

[jaxx]

25. Hey I didn't know you were privy to inside information.

[Robbien]

26. What inside info?

That Obama's financial advisers are all banksters? Nope. That is a fact widely publicized
That AIG's hundreds of billions in bailout money went to Goldman, UBS, and other banks? Nope. That is a fact reported today
That AIG kept a half billion to give to employees? Nope. Again the other story reported today.
That Obama is screaming about the half billion to employees and is silent about the hundreds of billions given to banksters. Nope. Again, check today's news video.

[limit18]

22. Calling Out...

Come get your money!

[SammyWinstonJack]

28. Indeed!

x(







I think if you give them a seat at the table, they'll eat all the food.

[KittyWampus]

23. AIG PWNED the Obama Administration this weekend. Words mean nothing at this point

[Veritas_et_Aequitas]

27. Unless he's saying "receivership" or something like "we're recalling our loan"

I'm going to remain pissed off and chalk this up to a token action.