The Mighty T.B.
3/18/2009 5:04:00 PM
"Evolution" wrote:
>> I guess you missed the news where it's been widely reported that Obama's
>> administration learned of AIG's bonuses by reading the newspapers last
>> week, long after they "scrutinized" AIG's bailout provisions and thus, to
>> late to stop the bonuses from being passed out.
>>
>> T.B.
>
> You're ignoring the fact that the bulk of the money given to AIG was 150
> billion under the republicans' and bush's watch WITH NO REQUIREMENTS OR
> RESTRICTIONS. After this, AIG spent money on 3 retreats and paid $12.9
> billion to Goldman Sachs, which reported a profit of $2.3 billion for
> 2008. Obama's administration gave them another $30 billion, but it was
> the republicans who set up the TARP funds with no restrictions on
> spending.
Buh, buh, but..... Bush!
None of the AIG/Sachs issues you mention was unknown at the beginning of
this year. yet the current Administratiobn *continued* giving bailout money
to the firm.
Please, at what point can we stop using the excuse that just because the
worst President and Administration of all time did bad, wrong shit, that
means the current Administration gets a pass on screwups?
T.B.