"AIG took down the American International Group Inc. sign outside the entrance
to its Water St. offices. Unfortunately they are thinking of replacing it for a
sign that says Mission Accomplished."
- Pedro Bartes
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"You know that $165 million in bonuses AIG handed out? Turns out it was
actually $218 million. That's how you show competence, miscount by $53 million
the bonuses you gave in taxpayer bail out money. Swear to god, these morons
would choke to death on a free lunch."
- Alex Kaseberg
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Nothing You Need To Know....
http://www.cagle.com/working/090324/horsey.jpg
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"America is pissed at the notorious AIG. Right? Somehow, these guys are the
most hated people in America. They're getting death threats. I saw one AIG guy
today, he was hiding behind the Octomom."
- Bill Maher
=--= =--= =--= =--= =--= =--= =--=
"The state of New Jersey is looking to hire unemployed Wall Street traders as
public school teachers. Students in those classes will learn how $170 billion
in losses somehow equals a $165 million bonus."
- Jake Novak
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Who Should Sacrifice?
http://www.politico.com/singletitlevideo.html?bcpid=1155201977&bctid=17441831001
Personally, I think wealthy newspaper and TV pundits need to do some
sacrificing....
...But Certainly Not THIS Guy!
http://www.nytimes.com/2009/03/25/opinion/25desantis.html
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The Controversial AIG Bonuses
http://www.theonion.com/content/infograph/the_controversial_aig_bonuses
Last week, the nation was outraged to learn that members of the division
responsible for the calamitous credit default swaps that brought down AIG would
receive bonuses. Who got the bonuses and why?
Doorman Arnie Frank: Opened the door in the front of the building, which let
everyone into the office
Vice president William Cage: Figured out they could give themselves obscene
bonuses and there would be nothing anyone could do about it
Financial Engineer David Kang: Suggested using the term "credit default swaps"
instead of the original name "shitty insurance on bizarre abstractions with
absolutely no chance of payment in the event of underlying bond default"
Trader Edward Goldman: Slicked-back hair and monogrammed money clip reminded
coworkers why they were screwing people over in the first place
Associate Kevin Rechter: Has two children to support, and they both require
horses
Analyst Linda Tarrey: Felt strongly that AIG should not have behaved as it did
Executive vice president Gerald Huntley: Won the "How long until the public
finds out about this shit?" office pool
Former division president Joe Cassano: Almost single-handedly drove the entire
company--and nearly the global financial system--into the ground, which, you
have to admit, is pretty impressive
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Public/Private Investment Fund
http://cagle.com/working/090323/sherffius21.jpg
=--= =--= =--= =--= =--= =--= =--=
"Now [AIG is] talking about selling their office building in Manhattan to raise
money. Oh, yeah, this is a great time to get involved in real estate. They'd
lose another billion dollars. You know, I have a better idea. Put all the
employees inside, put bars on the window, call it a jail and just lock the
place up."
- Jay Leno
=--= =--= =--= =--= =--= =--= =--=
Great News!
http://imgsrv.gocomics.com/dim/?fh=07e7e2cb5ef5da54f246666eb4672338
=--= =--= =--= =--= =--= =--= =--=
President Obama's Press Conference, March 24, 2009
http://www.iht.com/articles/2009/03/25/america/24textobama.php
Ed Henry, CNN
Thank you, Mr. President. You spoke again at the top about your anger about
AIG. You've been saying that for days now. But why is it that it seems Andrew
Cuomo seems to be, in New York, getting more actual action on it? And when you
and Secretary Geithner first learned about this, 10 days, two weeks ago, you
didn't go public immediately with that outrage. You waited a few days, and then
you went public after you realized Secretary Geithner really had no legal
avenue to stop it. ... It took you days to come public with Secretary Geithner
and say, look, we're outraged. Why did it take so long?
President Obama
Well, it took us a couple of days because I like to know what I'm talking about
before I speak. All right?
http://www.youtube.com/watch?v=2tDptqpQyoo
=--= =--= =--= =--= =--= =--= =--=
President Obama's press conference.... a welcome relief after the equivalent of
8 years of fart jokes.
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Oh my..... the big boys at the major news outlets ain't happy!
"He showed his usual comfort with a wide array of subjects, even as he excluded
the nation's big newspapers from the questioning in favor of a more eclectic
mix."
http://www.nytimes.com/2009/03/25/us/politics/25obama.html
"He passed over reporters from The New York Times, The Wall Street Journal and
the Los Angeles Times, opting instead to call on correspondents from Univision,
Ebony magazine and Stars and Stripes."
http://tinyurl.com/d4dcft
"What has created a bit of buzz both times was who was on the list -- and who
wasn't. News organizations who got questions Tuesday included The Associated
Press and all five major television outlets, plus Politico, the
Spanish-language network Univision, the military's Stars and Stripes newspaper,
Agence France-Presse, Ebony magazine, ABC Radio and The Washington Times, the
only major newspaper on the list."
http://tinyurl.com/cgyo9o
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"Mr. President, hypothetically speaking, how would you answer this leading
question on your ability to respond to a theoretical construct?"
- Main Stream Media
=--= =--= =--= =--= =--= =--= =--=
Wow........... Just....... Wow..........
"You don't want to think if you get in bed with Uncle Sam he's going to strip
you naked, chain you to the bed, leave you there and then take nasty pictures
of you and then put them on the internet."
- Dagen McDowell, Fox Business Network
http://tinyurl.com/cspzel
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Welfare is means tested.....
Is there any reason that corporate welfare shouldn't be?
=--= =--= =--= =--= =--= =--= =--=
Always Whining!
http://imgsrv.gocomics.com/dim/?fh=2390e4c2a54700acc1c464f5b249942a
=--= =--= =--= =--= =--= =--= =--=
"The House passed a bill where there's a tax now of 90% on the bonuses that
these people get. So, half the Republicans voted against this. They said this
is exactly the kind of punitive taxation that's going to drive good people out
of the fraud business."
- Bill Maher
=--= =--= =--= =--= =--= =--= =--=
Congress should pass a 103% tax on Bush's pension, because tax dollars
shouldn't reward incompetence that blew up the country....
=--= =--= =--= =--= =--= =--= =--=
"Treasury Secretary Tim Geithner and Fed Chairman Ben Bernanke told Congress
this week that they want to have more superpowers. Geithner wants the ability
to "regulate and even take over financial goliaths whose collapse could imperil
the entire economy." Bernanke just wants X-ray vision and spidey sense."
- Bill in Portland Maine
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Always Criticizing!
http://imgsrv.gocomics.com/dim/?fh=bd904d6b462c53e4bc8faec8ee53651d
=--= =--= =--= =--= =--= =--= =--=
U.S. Baseball Team Defects To Cuba
http://www.sportspickle.com/features/volume8/2009-0318-wbc.html
Several members of the United States national baseball team who were competing
in the World Baseball Classic have reportedly defected to Cuba, becoming the
latest citizens to flee the troubled and debt-ridden nation.
"I had to do what is best for myself and my family," said Mets third baseman
David Wright, after landing with Team Cuba in Havana. "I love my country. But
I'm worried that things could get really bad back home. I like the stability
that Cuba provides. Did you know they've had the same family in leadership for
decades?" ...
"Major League Baseball is going to go under," said [Braves catcher Brian]
McCann. "They can't afford to pay us millions of dollars when no one is going
to games. And what will I do then? I have no other marketable skills. I have to
play baseball. And while I won't make much in Cuba, it's better than nothing. A
state run baseball league will never fold." ...
Pirates left-handed reliever John Grabow said that he is open to returning to
the United States.
"If the economy improves and a contender is willing to pay big money for some
bullpen help down the stretch run, I'll defect back on the next raft," he said.
"I am a businessman first, a patriot second. As is any true American
capitalist."
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No Luck At All....
http://www.radiowavex.com/images/realestatedownfall.wmv
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"Bernie Madoff's wife, Ruth, insists she gets $69 mil of the $60 billion he
swindled. That's nuts, you can't get that much money for doing nothing unless
you're an AIG executive."
- Alex Kaseberg
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"If our money carries the words, 'In God We Trust,' then shouldn't our credit
cards say, 'Amen'?"
- Gil Stern
=--= =--= =--= =--= =--= =--= =--=
"Postmaster General John Potter announced Wednesday that without new funding
the Postal Service will run out of money this year. He wants everyone to email
Congress."
- Jeff Showell
=--= =--= =--= =--= =--= =--= =--=
Tails of Manhattan
http://www.newyorker.com/humor/2009/03/30/090330sh_shouts_allen
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