Mar 26

Not content to ram the stimulus and omnibus bills down your throat, the democrats are now looking to ram a health care bill down everyone’s throat by using a little congressional trickery.

From the AP:

Majority Leader Harry Reid indicated Wednesday he’s willing to move sweeping health care legislation through the Senate with a procedural maneuver that would block a GOP filibuster. The prospect of the controversial tactic has already ignited Republicans’ ire, and key Senate Democratic chairmen have said they don’t want to do it.

Reid, D-Nev., took a different position on a conference call with reporters.

“I think it’s something we need to consider,” Reid said.

At issue is a so-called reconciliation bill, which could pass with a simple majority of 51 votes and without Democrats fearing a GOP filibuster. Democrats would struggle to gather 60 votes needed to break a filibuster for something as complex as a plan to meet President Barack Obama’s goal of overhauling the nation’s health care system to cover 48 million uninsured Americans.

Revising health care via reconciliation has been viewed favorably by House Democrats. The House Budget Committee included language providing for the method in its annual budget resolution released Wednesday. Reconciliation is not favored by Senate Budget Committee Chairman Kent Conrad, D-N.D., and was not part of his committee’s plan.

White House officials reiterated Wednesday that it’s not their preferred method but they don’t want to take it off the table.

So basically they know their bill won’t stand on its own, they don’t care what the cost is going to be and they don’t want to hear alternatives and just want to force it upon the American people. Really starting to like this “Hope and Change”.

Mar 26

As the protesting over the AIG bonuses continue, more execs are leaving the troubled company and I don’t blame them. From Hot Air:

Several more employees are leaving the controversial financial products unit that brought American International Group Inc to its knees last year, according to a person with knowledge of developments there.

The resignations are in addition to the “handful” of senior AIG Financial Products executives who have already given notice, said the person, who could not quantify the total number of departures.

To date, AIG said the situation at the financial products unit remains “manageable,” despite the departures. But if too many employees quit, Chief Executive Edward Liddy has warned it could be disastrous for AIG and, ultimately, for U.S. taxpayers who are the insurer’s majority owners. Employees there were promised retention payments more than a year ago, on condition they stayed long enough to wind down their areas of business, effectively working themselves out of a job.

But now some have changed their minds, fed up after 10 days of ridicule and scorn from lawmakers who broadly derided the bonuses, demonstrators picketing outside AIG offices and a threat by New York Attorney General Andrew Cuomo to publicly name anyone who did not return the bonuses.

The employees still working are not the ones who caused the large losses and “are being unfairly persecuted by elected officials,” wrote Jake DeSantis, an executive vice-president for the Wilton, Connecticut-based financial products unit, in a resignation letter printed by the New York Times on Wednesday.

This is the problem with the mob mentality and an over eager congress and administration that wishes to hide their real problems. They don’t pay attention to the facts, or worse, the consequences of their actions.

Kiss your billions dumped into AIG good bye.

Mar 19

kid-middle-fingerNo kidding. Who the hell is Congress to say that they can retro tax these people? They are all pissed of because AIG is honoring their contract with their employees and yet they waste hundreds billions of dollars of our money on their shit pet projects?

I can understand a little bit how people get upset they the execs are getting their money when the company needed a bailout. However, like the idiots that the public usually are, they fail to see that a) AIG made those obligations before receiving money and b) the administration knew about it.

I wish I was one of these execs. I would get in front of congress and them what fucking hypocrites they are and if they want to take my money away they should give up everything they’ve received from AIG (hello Chris Dodd and Obama), stop making deals they then turn around and renege on.