Comments on: AIG Laughs At America http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/ Like Kryptonite To Stupid Mon, 23 Nov 2009 06:43:41 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Duros Hussein 62 http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119530 Duros Hussein 62 Tue, 07 Oct 2008 20:48:08 +0000 http://www.oliverwillis.com/?p=10170#comment-119530 Why can't the feds freeze the assets of every company involved in this thing? Clearly, they need to do that, fast. In all honesty, I don't know what to feel about all this. Am I for the bailout or against it? If all it means is that CEOs and bigwigs don't lose their bonuses for driving their companies into a ditch, I say let the mothafucka's burn. Perhaps Wall Street does need a hard reboot, but not like this; not at our expense. Why can’t the feds freeze the assets of every company involved in this thing?

Clearly, they need to do that, fast.

In all honesty, I don’t know what to feel about all this. Am I for the bailout or against it? If all it means is that CEOs and bigwigs don’t lose their bonuses for driving their companies into a ditch, I say let the mothafucka’s burn.

Perhaps Wall Street does need a hard reboot, but not like this; not at our expense.

]]> By: Nimrod Gently http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119529 Nimrod Gently Tue, 07 Oct 2008 20:47:51 +0000 http://www.oliverwillis.com/?p=10170#comment-119529 "We are the docile masses! We are the puppet people, oh put it on our TV, it's true, put it on our TV, it's true..." “We are the docile masses! We are the puppet people, oh put it on our TV, it’s true, put it on our TV, it’s true…”

]]> By: TroyJMOrris http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119526 TroyJMOrris Tue, 07 Oct 2008 20:40:42 +0000 http://www.oliverwillis.com/?p=10170#comment-119526 It's not a nation of suckers. It's a nation of fools who elect suckers into higher office. Or are they suckers? I say that we let the whole system crash. Yes, it will be hell for a decade or decade and a half, but the system cannot sustain itself as it is. Why try to push off fate? It's equally foolish to not just get it done with now, as it'll be worse later. Nearly a trillion dollars to buy us an extra 2-5 years. Super. It’s not a nation of suckers. It’s a nation of fools who elect suckers into higher office. Or are they suckers?

I say that we let the whole system crash. Yes, it will be hell for a decade or decade and a half, but the system cannot sustain itself as it is. Why try to push off fate? It’s equally foolish to not just get it done with now, as it’ll be worse later. Nearly a trillion dollars to buy us an extra 2-5 years.

Super.

]]> By: Quaker in a Basement http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119514 Quaker in a Basement Tue, 07 Oct 2008 20:01:20 +0000 http://www.oliverwillis.com/?p=10170#comment-119514 Fannie and Freddie didn't cause the current meltdown, william. Keep wishing, though. Fannie and Freddie didn’t cause the current meltdown, william.

Keep wishing, though.

]]> By: william http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119511 william Tue, 07 Oct 2008 19:52:19 +0000 http://www.oliverwillis.com/?p=10170#comment-119511 “Any hearing on oversight that does not begin with Fannie and Freddie and [former Fannie Mae CEO] Franklin Raines will be a sham,” said Rep. John Mica (R-Fla.). “This is like investigating a train robbery and only talking to the dining car stewards.” The mortgage giants, Fannie & Freddie, aren’t part of the five-hearing investigation Waxman is planning for the rest of October, but Waxman said he is looking into their failure. He said committee staffers are reviewing documents and he might call a hearing. Might... Waxman is a tool. “Any hearing on oversight that does not begin with Fannie and Freddie and [former Fannie Mae CEO] Franklin Raines will be a sham,” said Rep. John Mica (R-Fla.). “This is like investigating a train robbery and only talking to the dining car stewards.”

The mortgage giants, Fannie & Freddie, aren’t part of the five-hearing investigation Waxman is planning for the rest of October, but Waxman said he is looking into their failure. He said committee staffers are reviewing documents and he might call a hearing.

Might… Waxman is a tool.

]]> By: Nimrod Gently http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119509 Nimrod Gently Tue, 07 Oct 2008 19:47:31 +0000 http://www.oliverwillis.com/?p=10170#comment-119509 I suppose what I really meant was, why is there not a full-scale uprising in the streets? Come on, May 68! I suppose what I really meant was, why is there not a full-scale uprising in the streets? Come on, May 68!

]]> By: michael http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119508 michael Tue, 07 Oct 2008 19:44:33 +0000 http://www.oliverwillis.com/?p=10170#comment-119508 And Waxman and Cummings both voted FOR the bailout? What in holy hell did they think was gonna happen? And Waxman and Cummings both voted FOR the bailout? What in holy hell did they think was gonna happen?

]]> By: Duros Hussein 62 http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119507 Duros Hussein 62 Tue, 07 Oct 2008 19:41:43 +0000 http://www.oliverwillis.com/?p=10170#comment-119507 I think at this point, mambo, that's okay. Let fly. I think at this point, mambo, that’s okay. Let fly.

]]> By: mambochicken23 http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119505 mambochicken23 Tue, 07 Oct 2008 19:33:59 +0000 http://www.oliverwillis.com/?p=10170#comment-119505 Nimrod: I am. I just don't know what to say except for a long string of obscenities... Nimrod: I am. I just don’t know what to say except for a long string of obscenities…

]]> By: Quaker in a Basement http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119503 Quaker in a Basement Tue, 07 Oct 2008 19:28:27 +0000 http://www.oliverwillis.com/?p=10170#comment-119503 Via <a href="http://www.balloon-juice.com/" rel="nofollow">John Cole:</a> <img src="http://i306.photobucket.com/albums/nn253/lucboardwalk/jump.jpg" border="0" alt="Jump!"> Via John Cole:
Jump!

]]> By: icruise http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119501 icruise Tue, 07 Oct 2008 19:26:49 +0000 http://www.oliverwillis.com/?p=10170#comment-119501 Apparently ABC news doesn't know the difference between "their" and "they're" Apparently ABC news doesn’t know the difference between “their” and “they’re”

]]> By: Nimrod Gently http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119500 Nimrod Gently Tue, 07 Oct 2008 19:22:55 +0000 http://www.oliverwillis.com/?p=10170#comment-119500 HOW IS NO-ONE FUCKING OUTRAGED ABOUT THIS FUCKING SHIT HOW IS NO-ONE FUCKING OUTRAGED ABOUT THIS FUCKING SHIT

]]> By: beeblebrox http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119499 beeblebrox Tue, 07 Oct 2008 19:18:11 +0000 http://www.oliverwillis.com/?p=10170#comment-119499 Republicans do believe in redistribution of wealth after all. From the poor and the middle class into the pockets of the rich. Republicans do believe in redistribution of wealth after all. From the poor and the middle class into the pockets of the rich.

]]> By: Sean D. Martin http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119495 Sean D. Martin Tue, 07 Oct 2008 19:05:05 +0000 http://www.oliverwillis.com/?p=10170#comment-119495 1 - Significant, effective oversight. 2 - No payment of bonuses or dividends or any significant disbursements of any kind without approval from the overseers. 3 - Real likelihood of a return on the taxpayer's investment in these failing companies. Lack of any one was a deal breaker for me for approving the <strike>bailout</strike> handout bill. 1 – Significant, effective oversight.
2 – No payment of bonuses or dividends or any significant disbursements of any kind without approval from the overseers.
3 – Real likelihood of a return on the taxpayer’s investment in these failing companies.

Lack of any one was a deal breaker for me for approving the bailout handout bill.

]]> By: BrianK http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119494 BrianK Tue, 07 Oct 2008 18:55:15 +0000 http://www.oliverwillis.com/?p=10170#comment-119494 When will someone stand up to these Lexus-driving welfare kings? When will someone stand up to these Lexus-driving welfare kings?

]]> By: Duros Hussein 62 http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119493 Duros Hussein 62 Tue, 07 Oct 2008 18:47:55 +0000 http://www.oliverwillis.com/?p=10170#comment-119493 Mother <b>FUCKERS</B> Who had the pitchforks? Mother FUCKERS

Who had the pitchforks?

]]> By: bryan http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119488 bryan Tue, 07 Oct 2008 18:22:34 +0000 http://www.oliverwillis.com/?p=10170#comment-119488 I wonder how quickly this money would be paid back if everyone involved (even if they moved jobs) was banned from their bonuses until same. 35% interest seems fair also. I wonder how quickly this money would be paid back if everyone involved (even if they moved jobs) was banned from their bonuses until same. 35% interest seems fair also.

]]> By: jr http://www.oliverwillis.com/2008/10/07/aig-laughs-at-america/#comment-119481 jr Tue, 07 Oct 2008 18:14:40 +0000 http://www.oliverwillis.com/?p=10170#comment-119481 "having the treasury looted is a small price to pay as long as the gays can't get married"-registered Republicans “having the treasury looted is a small price to pay as long as the gays can’t get married”-registered Republicans

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