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Topic: Commander and CEO, or Socialist in Chief< Next Oldest | Next Newest >
 Post Number: 21
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PostIcon Posted on: Mar. 31 2009,7:58 pm  Skip to the next post in this topic. Ignore posts   QUOTE

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A September 17, 2008, Washington Post article reported of the Bush administration's decision to bail out AIG, "The terms of the rescue package allow the government to replace [chief executive Robert] Willumstad, and a source familiar with the matter said last night that Willumstad would be succeded [sic] by Edward Liddy, former chief executive of Allstate." On September 17, 2008, the Associated Press likewise reported Willumstad's removal as a part of the bailout deal.


Where were you republicans when the shrub fired AIG's CEO. :dunno:

Did Rush forget to mention him?


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 Post Number: 22
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PostIcon Posted on: Mar. 31 2009,8:31 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

I haven't forgotten.  Here's the link to your quote in case anyone wants to read more.  Sounds like this is a Post vs. Tmes thing.  As long as we're talking AIG, let's not forget Fannie and Freddie.



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 Post Number: 23
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PostIcon Posted on: Mar. 31 2009,9:14 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

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As long as we're talking AIG, let's not forget Fannie and Freddie.

DUH! Didn't I post about Fannie and Freddie on the front page of this topic? :dunce:

Why don't you republitards see if you can find the actual wording in the bill that says the government can control what a business pays it's employees?


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 Post Number: 24
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PostIcon Posted on: Mar. 31 2009,11:49 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(Liberal @ Mar. 31 2009,9:14 pm)
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Why don't you republitards see if you can find the actual wording in the bill that says the government can control what a business pays it's employees?

Tell ya what you find the actual wording in the Constitution that authorizes the President to TELL a private corporation and it's employees and stockholders that they WILL merge with a foreign auto maker in order to receive the bailout money and I'll get right on your request.

Better yet your sitting in front of a computer look it up yourself.

In the meantime President A$$hat, Barney Crank, Nancy "POS" Pelosi, John "The Marines Murdered those civilians in Cold Blood" Murtha (or Captain Porko if you will) and Harry Reid will continue to drive this country down and remove our rights one by one.

This part only pertains to Financial Institutions and for now it is all I have the time to look up....

‘(1) PROHIBITION- No financial institution that has received or receives a capital investment under this title, or with respect to the Federal National Mortgage Association, the Federal Home Loan Montage Corporation, or a Federal home loan bank, under the amendments made by section 1117 of the Housing and Economic Recovery Act of 2008, may, while that capital investment remains outstanding, make a compensation payment to any executive or employee under any pre-existing compensation arrangement, or enter into a new compensation payment arrangement, if such compensation payment or compensation payment arrangement--

     ‘(A) provides for compensation that is unreasonable or excessive, as defined in standards established by the Secretary in accordance with paragraph (2)


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 Post Number: 25
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PostIcon Posted on: Mar. 31 2009,11:58 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

I didn't think you could find proof to back up your lie. :rofl: :dunce:

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 Post Number: 26
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PostIcon Posted on: Apr. 01 2009,12:02 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

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This part only pertains to Financial Institutions and for now it is all I have the time to look up..

You don't have to look up anythying you found the bill just read it Bama.

It only applies to FINANACIAL INSTITUTIONS that received TARP money you clown. :rofl: Did Fox and Friends lie to you this morning? :rofl:


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 Post Number: 27
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PostIcon Posted on: Apr. 01 2009,12:03 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(Liberal @ Mar. 31 2009,9:14 pm)
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Why don't you republitards see if you can find the actual wording in the bill that says the government can control what a business pays it's employees?

make a compensation payment to any executive or employee under any pre-existing compensation arrangement, or enter into a new compensation payment arrangement, if such compensation payment or compensation payment arrangement--

    ‘(A) provides for compensation that is unreasonable or excessive, as defined in standards established by the Secretary in accordance with paragraph (2)


You asked for proof of where it says the government can control what a business pays it's employees and I provided. Is a bank not a business? Are the people who work for the bank not employees? I guess not in the Utopian world of the Liberals.  :sarcasm:  It would seem to me that what I found fits your request to a T Libbie.

Oh and by the way I copied a link so I somehow doubt that it is my lie.   :crazy:


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 Post Number: 28
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PostIcon Posted on: Apr. 01 2009,12:27 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

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This idea of Barney "Fat Fingers" Crank and his cronies is going to screw over the lower income guys as well as those who probably should be receiving a serious pay cut unlike our local JOBZ program.


So you're willing to admit you were full of crap when you posted that garbage about the "lower income guys"? Or are you going to claim you just reposted that too?


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 Post Number: 29
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PostIcon Posted on: Apr. 01 2009,6:49 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

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AG's office paid $15,000 for 2 soundproof doors
The Associated Press
Updated: 04/01/2009 02:14:22 AM CDT


ST. PAUL, Minn.—A report says Attorney General Lori Swanson's office paid $15,000 in taxpayer money for two special-order soundproof doors.
WCCO-TV says Swanson refused to talk about the doors, which were custom-finished to match the white oak woodwork in her office.

Her spokesman says the new doors are heavy-duty, locked, sand-reinforced doors for security purposes.

But WCCO says it obtained documents that describe the doors as "sound-attenuating," meaning soundproof, not security. And it says the original handles and hinges were reattached.

The report notes that Gov. Tim Pawlenty, who works across the hall from the attorney general, doesn't have soundproof doors on his office.
 

I wonder what a car with 2 doors will cost when our efficient government is in chage?

Please file bankuptcy and get on with it.
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 Post Number: 30
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PostIcon Posted on: Apr. 01 2009,9:59 pm Skip to the previous post in this topic.  Ignore posts   QUOTE

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Where were you republicans when the shrub fired AIG's CEO.
 It was Paulsen who asked him to leave.

He also declined his $22 million dollar stock options--but you don't mention that.

THE DIFFERENCE

Government took an 80% share in AIG.  As an 80% shareholder, they can vote in whoever they WANT on the board of directors.

The government does NOT have controlling interest in Government Motors.

Do you see how that works, or don't they teach how Capitalism works at the Lenin School of Business for aspiring young Apparatchiks? :sarcasm:  :D

It's been more than 6 months since the Government took over AIG.  How's that going for you? :crazy:

Apparently, it isn't inspiring confidence in the government's ability to run things in the MARKETS! :rofl:


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