I have slammed AIG and the government more specifically Tim Geitner for continuing this class warfare as I see it, the lack of understanding by them and these executives who just because of where they are and where they came from assures … [Read more...]
Bad Boys at AIG at it again
Well I am not sure if anyone else missed this little gem of a news blurb but it seems in February AIG filed a law suit against the IRS for a refund of a tax claim related to off shore accounts. http://www.boston.com/business... You may want … [Read more...]
Recouping Bailout Bonuses
If I were a Treasury Official, I would insist on seeing each and every contract with a bonus in it, so I could examine the enforceability of the terms. If I found that the obligations were created after the company was in trouble, I … [Read more...]
Its time to Boycott AIG and for Massachusetts to divest any business with AIG.
One would think that Tim Geitner was tied at the hip with the bad boys of AIG as he became the architect of another bad boy bailout system. Is he to close to his friends to be the agent of change and inflict the penalty deserved by such … [Read more...]
One in fifty children homeless in USA per report
Here is the link: http://www.time.com/time/natio... Imagine if even 1/3 of the money poured down a black hole to bailout financial institutions - who then used so much money overseas, to buy other institutions, to pay bonuses...had been … [Read more...]
The extortion of America by AIG executives
For more then a month I have been calling for AIG to be cut lose from the taxpayers, the level of obligation that I suggested far exceeded the capacity for our government to pay with out leaving little to continue to support the safety net … [Read more...]
The $100.00 per house neighborhood arrives – in Detroit
First, remember, Detroit tried to save itself with Casinos and slots. Did not work. last I heard, at least one of those casinos was in bankruptcy court. Next I heard, houses are going for $100-$2000.00. These are … [Read more...]
AIG should file for Bankruptcy, and Geitner, you’re wrong: Nationalize the banks
It is time for some tough love and time for the American taxpayers to just say no to more money going to AIG and the banks. Currently we are collectively on the hook for 2-3 Trillion by my last count and we are approaching the edge of the … [Read more...]
TAX CREDITS NOT WORTH SPIT – 46,000 foreclosures a week, 8 million predicted
A friend sent me the following, hot off the press in D.C.: I am in Washington D.C. with the National Association of Consumer Bankruptcy Attorneys. We are meeting with Members of Congress regarding mortgage mod legislation( Believe it or not … [Read more...]
What’s wrong with a Massachusetts Stimulus Package?
For one example, we have a concentrated higher ed capacity, virtually the primary export industry of the state, yet all Deval can do is raise public tuition. Pfui! Why not establish a loan forgiveness program with teeth, repopulating our … [Read more...]
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