True News 26: AIG, Madoff and Thrown Shoes

The people who point out the predators are almost always the predators. http://www.freedomainradio.com

Category:

News & Politics

Tags:

• aig
• bonuses
• bernie
• madoff
• freedomain
• obama
• bush
• iraq

[fucitorfiteit]

stefan there is something on your mind other than the point your making. i can tell or im slipping. but please hit the points like you did when you first started making these videoes cuz im right there with you on some level. YOU CAN HIT HARDER THAN THAT!!!!

[stefbot]

go on?

[newperve]

You don't understand Stef, GWB is a member of the union, the shoe thrower wasn't. No UN card, no membership of the union of violent people, so you can't pursue that trade. Well maybe profession since nothing is traded. That's why people are so mad at Osama bin Laden for killing 4,000 people and so calm about Madeline Albright killing 500K. Solidarity forever, for the union makes us strong!

[stefbot]

well pur

[newperve]

They are concerned with "the pillaging of the public purse" in fact it's the central pillar of their policy!

[stefbot]

amen! :)

[wetalmorker]

I don't know you, and I don't know Carrie Nation (pun intended). But if your argument is that capitalism has failed, I disagree. The system that has failed is an organic mix of fascism and oligarchy. Anyone who knows econ 101 knows that type of system is destined for failure. Don't talk to me about the failure of capitalism, because we haven't had pure capitalism for nearly 100 years! And no, it is ABSOLUTELY NOT, irrelevant.

[RPFS2008]

"But libertarians refuse to see this, because they are too busy idolizing the rich and hating the poor."

Stupid comment. No point saying anything else.

[rodrigodet]

@wetalmorker He does not mean that xd

[genghisdon1]

Bush is, of course, a war criminal & you are spot on at the end at least.

[genghisdon1]

Madoff deserves worse than he got...I wish you weren't blinded by your state hate. You (rightly) blast the state for a ponzi scheme, but if an "entrepeneur" does it, well he isn't nearly as bad. Falwless logic LOL

[genghisdon1]

ugh! defending AIG? really Stef? Pathetic

[kingofthebrittains]

Sadly, every dollar in existence is a "labor contract" -but we are the collateral in the deal, not an interested party in the contract. Regardless of government actions, Monetary Systems can never be fair as they will always be controlled by the few (Uber Rich). Even a truly free market is not a fair market. You only have the freedom and rights your purchasing power allows. There are 1000's more problems with it too. Google "Zeitgeist Addendum" for more on this.

[PsyogiBottoms]

In support of my earlier point, "The former top executive of American International Group Inc. plundered an AIG retirement program of billions of dollars because he was angry at being forced out of the company, a lawyer for AIG told jurors Monday at the start of a civil trial.

Attorney Theodore Wells told the jury in Manhattan that former AIG Chief Executive Officer Maurice "Hank" Greenberg improperly took $4.3 billion in stock from the company in 2005."

They were crooks to begin with.

[PsyogiBottoms]

Is it ethical or just to honor contracts made by thieves and liars? Just because these CEOs could amass huge profits by using bait and switch, cooked books or fraudulent means - are they still entitled after their company has been looted by its crew to demand the victims of this criminal act reward them, because there isn't any cash left in the coffers?

This is, IMHO, the same as rewarding Bush for Genocide - he did his job for the Oligarchy should he not be rewarded as well?

They are not naive.

[PsyogiBottoms]

I understand your argument, however as someone that has repeated been the victim of interest gouging (having contracted agreements for 3% hiked to 29% overnight for no reason but profit) as many US citizens, we feel these profits and performance bonuses were obtained under unethical, immoral extortion by these Experts in finance.

It is like being forced to give bonuses to the pirates that raped you and your family. I knew 29% interest would collapse the economy - you are telling me they did not

[PsyogiBottoms]

Steph - a couple of points of contention here.

Is it not possible that these 'employees' receiving bonuses were in full knowledge that the profits they were garnering were in fact part of an inside scam they knew was falsely propped up by creative bookkeeping and the outrage stems from the exposure of their contribution to this scam? An what CEO looks to the government for economic or financial analysis? Surely these Top Execs could plainly see they were raping the economy - that's a bit naive

[omikron23]

part 2: I guess EU-taxpayers weren't stupid enough to bail out their own banks, so the Freemasonic Luciferan oligarchs just drew the money from the pockets of the naive US-public. Watch: 'The Money Masters - How International Bankers Gained Control of America' on Google Video.