Obama: AIG Can't Justify 'Outrage' of Bonuses

[boston312]

this is all PR bullshit. If the Obama administration wanted to go after these guys he could have done it when the Dems were the majority in the House and Senate. Just like the Republicans Obama is in bed with big business.

[perjanan]

obama is a loser

[boorens18]

this was complete bullshit. Obama you let everyone down. Why the hell did you reappoint Ben Bernanke to head of the Fed after the huffington post published emails released by a whistleblower that show Ben Bernanke was implicated with AIG, and even ignored his staff when they said the bailout didnt need to cover every last dollar (and further, more than AIG was worth on the open market)

And Geitner is a total scam artist...you should have scrapped him with the rest.

[bilderberghunter]

YOU LIED OBAMA AND DID NOTHING

[casper18nyc]

1) "THE OBAMA DECEPTION" LOOK IT UP 2) ZEiTGEiST - THE MOVIE 3)NORTH AMERICAN UNION & RFID Chip TRUTH! Must SEE

some serious shit!!!!

[himself801]

I think he's going to be the only Black president in my lifetime. All the brothers will remember his accomplishments for how they made their future opportunities better.

[himself801]

AIG was NOT bailed out!

They got loans that have to be repaid with interest. Acting CEO Liddy and 25 top Financial Products starting March are taking only $1.00 in Salary.

The jerk is one of the people who made these bonuses part of the contracts of the people who proved they were problem solving, not those who caused the problems, so they wouldn't quit. Legally AIG could be sued for breach of promise.

[himself801]

They would also have problems getting employees if it became known they don't honor their contracts.

look up Liddy letter to Geithner March 14, 2009 if you to know how this clip is misrepresenting the truth.

[MiaZgra]

"...is it fair for everyone else to get bonuses but them?"

Yeah, especially in light of Congress giving itself another raise recently. I think they should all give it back. They should all be forced to work for $1/year until they're voted out in 2010.

[blkconservativ]

@tinaburnett1975: give obama a break? he not going to get a break this is the job he wanted and got so he will be scrutinized. the AIG bonuses had already been planned to be given out months ago.

the democrats knew about this why all of a sudden they're getting mad now? the dems now want to tell private companies what to do with their monies. that's not the government's business. tell obama to give back his campaign donation bonus to AIG. he owes them $100,332 thousand dollars.

[warhulk2]

don't make obama mad because

when he gets mad, he turns into:

The Rock Obama

[FASD330]

he sounds . . . a wee bit nervous . . .

[blkconservativ]

@danboone143: i agree with you to a point but these bonuses with A.I.G. didn't start yesterday. obama and others knew about these bonuses ages ago and the audacity of him and the liberals feigning outrage is ridiculous! the liberals & republicans grandstanding last week was nothing but a show. i'm not mad about bonuses. i'm mad about the libs trying to create class warfare and trying to use a smokescreen to hide their agenda to spend trillions of more in our tax dollars.

[glasax7]

i dont get why everybodys mad at aig obama and his team were supposed to be paying very close attetion to how the bail out money was being spent.... but as we can see they didnt......and they try to blame it on aig

[blkconservativ]

@glasax7: right! the people shouldn't be mad at AIG. they should be mad with the obama administration. the obama administration knew about these bonuses months ago, so obama shows this phony "outrage" as a smokescreen to get people angry, so the libs can push their ideas of spending trillions, universal healthcare, amnesty for illegals, taking over the census, and regulate private companies bonus pay-outs. this is nothing but a powergrab by the liberals all in the name of making things "FAIR"

[Redfingers]

@blkconservativ

Executive bonuses at AIG = free market

Economic failure = free market

[mrfuzzyboy100]

obama is communist tyrant that wants control of everything so he can be supreme dictator of america good bye capatilism hello communism if anyone thinks im wrong and obama is nice plz comment my channel i love fighting liberal asses

[FireThunderTV]

YES WE CAN!

Obama (I mean, Barry Soetero) is a BIG bonehead 4 even giving out money 2 anybody. NO bank in America would have given AIG money on good faith that they would do with the money what they are "supposed" 2 do. NO bank in America gives money 2 people with bad credit without a co-signer. It's not the governments responsibility 2 bail people out of their problems. We are not supposed to be a socialist country!

OBAMA =

One

Big

A**

Mistake

America

Obama must resign NOW!

[jagmorr]

Does this mean the executives at Fannie Mae and Freddie Mac will have to give theirs back also? Where is the outrage at these companies?

[mnnh1]

This is what happens when you throw money at a problem- instead of dealing with its cause.

[revolutionist313]

Now Obama wants to appear heroic by giving a scathing speech about how hes against this and will do everything in his power to prevent it from happening when in fact, he was the one who permitted the bonuses and did everything in his power to pass it along...the bill, that is...in our names.

[revolutionist313]

President Obama is now saying that Federal Reserve Officials never told him about the AIG bonuses. Boo-Frickin-Hoo!!! He should have read the bill before signing it and specifically ask for regulatory control, considering, how these companies were going to spend the money was a concern before the bill was passed; he could have vetoed the pork before these avaricious Executives brought home the bacon.

[ed2kou1]

President George W Bush, to appear on the tonight show. Then he'll meet with Espn to fill out his Ncaa bracket. I'm pretty sure the media along with some stupid Republicans, would be Bitching and going crazy! HYPOCRITS!!

[ed2kou1]

I'm angry LOL! You really ACT like it! This guy is fake, he can't even talk without his TELEPROPTER! People said W was the dumb one! LOL.

[zabotlivaya]

Obama takes responsibility? What is he going to pay it back personally? How are any of these corrupt politicos ever really "responsible"? Lots of words that mean nothing.

OBAMA= EPIC FAILURE !! LIAR, THEIF, COMMUNIST!!

[slbiggs36]

Most of the problems with our society are the result of politics. So we're expecting the politicians to help us out?

[A550RGY]

Hmm, looks like Obama is now taking responsibility for the AIG bonuses:

"Obama's comments came just more than an hour after Sen. Christopher Dodd, the Senate banking committee chairman, told CNN that he was responsible for language added to the federal stimulus bill to make sure that already-existing contracts for bonuses at companies receiving federal bailout money were honored."

[blkconservativ]

does obama's face look like the face of outrage to you? if i remember correctly, barney frank, nancy pelosi and co. didn't put any stipulations on that first A.I.G. bailout. so now these snakes are trying absolve themselves of any culpability. it's not going to work. people are coming out of the their slumbers. obama's poll numbers are slipping and the blue dog democrats are starting to growl. wake up people and lets get these losers outta there!

[n8iveidiot13]

instead of trying to figure out how it happened... think about how to get out of it... waking up wont do shit ... hell its 11 pm here im awake ok? but you dont understand that it takes more than that like i dont know... working in the in factories or giving 800 billion to the 306 million citizens of americans... excluding no1... this would be smarter than giving it to the banks... they wont spend it as fast as 306 million people will... 800b /306m= about 2500$ to each american!!

[joe035]

Look at Everify the democrats killed the only possibility of unemployed americans from having to compete against illegal immigrants for the jobs from stimulus or any job for that matter.

[blkconservativ]

you're damn right! unemployed americans shouldn't have to compete with illegals for jobs. period! did you here what nancy pelosi said recently? she was at a meeting with illegals and their supporters saying, "it's unamerican to be rounding up illegals." is this bitch for real?

typical pandering. i'm so sick of these libs and their hypocracy. it's ridiculous.

[slbiggs36]

As if Bush was any harder on them.

[blkconservativ]

no bush wasn't hard on the illegals either and that was one of the few things i didn't like about bush, but he didn't stand in front of illegals and their supporters and bash his own country like pelosi did.

[rdsully5446]

yea.just a few weeks ago he said that he was going to make the banks that took the money cap the salary of their execs but then if you look deeper you find it's voluntary with no method of enforcement.just more lies and half truths.

[rhosey001]

How do you justify using taxpayers money to keep them afloat?

Bankruptcy laws have always worked in the past.

[blkconservativ]

obama who the hell do you think you're fooling? wasn't he the one, along with others that voted to bailout A.I.G. rewarding people for bad behavior. he also told us, if we didn't do anything, there would be a financial catastrophe. why does he think he's fooling someone with his phony outrage? how many of those same people getting the bonuses are liberals and donated to his campaign? obama should get an oscar for this academy award performance.

[n8iveidiot13]

well your comment wont help no1 either

[blkconservativ]

it's not about what my comment is helping or not helping. the fact of the matter is, the libs were the ones that lambasted the republicans during the election campaigns about corruption and GWB policies. now the libs are sitting around acting like they're outraged when in fact they were the ones behind this mess and also were you just as outraged at obama signing away our tax dollars (billions) stuffed in a bill full of 9,000 earmarks? $165 million in bonuses are a drop in the bucket.

[joe035]

Your so right it frustrates me that liberal idiots like n8iveidiot13will defend liars as long as there democrats. How about Everify being taken out by the democrats so now the unemployed citizens of america have to compete against illegal immigrants for these jobs.

[joe035]

We need to vote out all incumbants and after we do take away all the benefits they award themselves once there out of office. The best revolution would be to vote all incumbants out make them listen and compete by there actions to keep there jobs. I'm sick of all the lies and false promises. Ron Paul was the best choice for fixing the messes were in now.

[blkconservativ]

i agree. that's why the GOP had better start getting their acts together and getting their messages on point the first battle in 2010 is going to be interesting with all of this ammo the libs are handing us on a silver platter. hopefully, the people who fell for the "hope & change" slogans will wake up and realize their "messiah" is nothing but a myth.