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Gentry is alive and well and AIG is the poster child

March 21, 2009 By woburndem

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...]

Filed Under: User Tagged With: aig, bailout, change, deval-patrick, economy, ethics, insurance, massachusetts, mob, obama, president, stimulus

Bad Boys at AIG at it again

March 20, 2009 By woburndem

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...]

Filed Under: User Tagged With: aig, bad-banks, bailout, edward-liddy, fdic, obama.-fed

Recouping Bailout Bonuses

March 16, 2009 By bluefolkie

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...]

Filed Under: User Tagged With: aig, bailout, national, rant

Its time to Boycott AIG and for Massachusetts to divest any business with AIG.

March 16, 2009 By woburndem

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...]

Filed Under: User Tagged With: aig, bailout, banks, change, geitner, obama, summers

One in fifty children homeless in USA per report

March 10, 2009 By AmberPaw

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...]

Filed Under: User Tagged With: bailout, children, homelessness, housing-crisis

The extortion of America by AIG executives

March 9, 2009 By woburndem

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...]

Filed Under: User Tagged With: aig, bailout, banks, bofa, citigroup, economy, massachusetts, obama, stimulus

The $100.00 per house neighborhood arrives – in Detroit

March 8, 2009 By AmberPaw

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...]

Filed Under: User Tagged With: bailout, casino, depression, detroit, housing, migration, recession, stimulus

AIG should file for Bankruptcy, and Geitner, you’re wrong: Nationalize the banks

February 25, 2009 By woburndem

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...]

Filed Under: User Tagged With: aig, bailout, economy, geitner, obama, stimulus

TAX CREDITS NOT WORTH SPIT – 46,000 foreclosures a week, 8 million predicted

February 9, 2009 By AmberPaw

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...]

Filed Under: User Tagged With: bailout, house-stimulus-bill, infrastruture, money-for-education, senate-stimulus-bill, tax-credit

What’s wrong with a Massachusetts Stimulus Package?

February 8, 2009 By joe-beckmann

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...]

Filed Under: User Tagged With: bailout, education, energy, green, health, science, stimulus, tech

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