Bank Sinkers
Is Obama just using the AIG paying out $165 Million in bonuses as a diversion to keep you from thinking about?
the fact that they paid out $90,000,000,000.00 (Billion) to banks INCLUDING FOREIGN BANKS...so much for "Stimulating" the American economy!!!!
BTW, those bonuses are as a result of CONTRACTS signed by AIG so other than BREAKING CONTRACTS how does Obama and Cumo intend to "Get that money back"?
SHOULDN'T WE BE MORE CONCERNED WITH THE NINETY BILLION THAN WE ARE WITH $165 MILLION?!?!?!?!
http://www.bloomberg.com/apps/news?pid=20601103&sid=aNYcIjrc7.g4&refer=us
This is a slight of hand...and the media and Liberals are falling for it hook, line and sinker!
Cut Throat: Geithner wrote it and Obama appointed him in spite of that and the fact that he cheated on his taxes!
Yeah...
Too bad there is no market for red herring.
Obama is dragging one across his trail and hanging AIG's bonuses out there to hide the stench of the awful mess the treasury and congress are making of our economy.
They have contracts, which they say bind them to pay $165,000,000
in retention bonuses to certain employees. The only way out of it is to breach the contracts and lose those employees. The employees would then sue for the bonuses and probably would collect them.
Therefore the only thing AIG would accomplish is to lose a bunch of top ( even though they are losers) employees and pay a bunch of legal fees.
The US government owns 80% of AIG's stock.
The majority stockholders can replace ALL non performing employees at AIG - from the top down, but they don't want to, so Obama starts this crap as a diversion.
More Red Herring anyone?
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