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Obama: The AIG Buck Stops With Me

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:11 PM
Original message
Obama: The AIG Buck Stops With Me
 
Run time: 02:30
https://www.youtube.com/watch?v=joInxDOAeOg
 
Posted on YouTube: March 18, 2009
By YouTube Member:
Views on YouTube: 0
 
Posted on DU: March 18, 2009
By DU Member: babylonsister
Views on DU: 1369
 
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:17 PM
Response to Original message
1. Thank God this man is the President
I'm not a big Geithner fan, but if McCain had won, Phil Gramm would have been at Treasury*.

*Didn't mean to scare you there.
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:19 PM
Response to Reply #1
2. I know exactly what you mean. I wish more people would contemplate
Gramm. Then they'd have something to wail about.

As for Geithner, he's not endearing himself to anyone. But I don't profess to know enough about him. I leave that to the professionals.
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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:26 PM
Response to Reply #1
6. and Gramm isn't at Treasury
So can we drop the blue scaremongering? :eyes:

Geithner needs to get the pink slip.
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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:48 PM
Response to Reply #1
12. Obama may be popular, but not for long. It isn't enough to stand
there and say "I take responsibility." He has to produce results on this. He needs to start criminal investigations of what went on in all, and I mean all of the companies that have needed bail-outs. He also needs to prosecute the Bush administration officials.

Obama should appoint Elliot Spitzer to the Attorney General's office.
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tomm2thumbs Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:22 PM
Response to Original message
3. can't you imagine McCain/Palin responding to all this? OMG - it would be a heart attack for America
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Brucie Kibbutz Donating Member (704 posts) Send PM | Profile | Ignore Wed Mar-18-09 10:15 PM
Response to Reply #3
22. They would have figured out a way to dispose of McCain by now.
Sarah would be in charge. :nuke:
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Hulk Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:22 PM
Response to Original message
4. AMEN!!......and don't feel like you have to go into hell and preach to Satan on this!
This is one intelligent and honest man. He lays it out, and that's what it is. BY NO MEANS should he or ANY representative of his feel like they need to go into the propaganda network and be insulted, attacked and talked over by the ignorant sons-of-bitches that have a political agenda to see that this administration does NOT succeed. F*CK THEM!!

I have all the faith in the world that President Obama is the man to deal with this "bad hand" that they were dealt. "The buck stops there", but keep in mind you can't blame him and his administration for the f*cked up mess that the last idiot and his satanic vp allowed to happen ON THEIR WATCH.

Finally....9/11 HAPPENED ON THEIR WATCH!! Just keep that in mind folks!! It didn't happen 55 days after they were in power....it happened nearly NINE MONTHS later...after they had been warned and were sleeping at the switch...too busy swindling the middle class out of their meager holdings.
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no limit Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:22 PM
Response to Original message
5. Great rhetoric but when you keep taking responsibility without explaining what you did wrong...
you really aren't taking responsibility.

Once he explains why he gave out the 30 billion without demanding these bonues get removed I will be happy. Until then this is a bunch of BS. While he's at it he should explain why he wanted the executive pay cap removed.
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Life Long Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:41 PM
Response to Reply #5
10. Actually. There is no law broken so it's hard to take blame, but...
Being or feeling obligated to represent the people in a responsible manner, and something like this happens, it takes a strong person to stand up to be held responsible for this... it makes me feel proud to have a President of America stand up to this and the consequences.

The difference in the last 8 years almost brings tears to my eyes.
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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:56 PM
Response to Reply #10
14. How do you know no law was broken?
Is that the meme you are hearing on the MSM? I wouldn't be so sure.

I suspect that the right hands of these companies are stretched out to get taxpayer money, and the left hand is pocketing it. The bonuses are only one of the methods by which very, very wealthy, very, very greedy people are cleaning out what Bush didn't grab from our national treasure. Guys, we are one bankrupt country. And all we have that has any value is our military know-how. It's just a matter of time before we have to sell our military power to the highest bidder.
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no limit Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 03:25 PM
Response to Reply #10
15. How can he take responsibility for something he isn't responsible for? What are we, children?
Edited on Wed Mar-18-09 03:26 PM by no limit
I do think he is responsible though, so I wish he would let us all know what he did wrong. He can start with explaining the 2 things I mentioned above.
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humbled_opinion Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:53 PM
Response to Reply #5
13. So Obama gets trashed for problems
That were entirely caused by BUSH and his failed administration. Give the man a break he is human after all or didn't you know?
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no limit Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 03:26 PM
Response to Reply #13
16. Did you read my post? Blaming this on Bush is a cop out
no doubt Bush is also responsible.

But Obama didn't have to give AIG that 30 billion 2 weeks ago. Just as he didn't have to take executive pay limits out of the stimilus package. yet he did. I would like him to explain why.
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humbled_opinion Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 09:31 PM
Response to Reply #16
20. The information I have read
Seems to indicate that Congress (specifically Chris Dodd) was behind paying of pre-arranged and pre-dated bonus'.

Regardless, Obama is a human being doing the best he can with the hand that was left to him by an idiot that went all in. The odds are stacked against him, and he needs our help and support not our cynasism.

If he relied on Congress to get it right and they didn't then that should be made public and Congress should be up front about it, but your rhetoric is fuel to the hate filled opposition that will be calling for special investigators and prosecutions.

Leave them no quarter for non was granted.
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no limit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 09:28 AM
Response to Reply #20
24. The white house is trying to pin this on Dodd which is an outright lie
Edited on Thu Mar-19-09 09:28 AM by no limit
It was Dodd that tried to put in a provision preventing the bonuses from taking place, the white house wanted those provisions removed. You can find a lot of information posted on this here.

If Obama is in bed with these assholes I want to know. Just because he plays for our team doesn't let him off the hook.
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:30 PM
Response to Original message
7. I see AIG as the addict, and Pres. Obama as the co-dependent.

A dynamic any good sub. abuse therapist would spot immediately.
When YOU are working harder to fix the problem than the client is.
you have a seriously addicted client.
And you are being very co-dependent.

I do not see or hear AIG doing a damn thing to solve THEIR problem.
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Life Long Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 02:31 PM
Response to Original message
8. What a difference in the last administration
Now we can work on the solution to AIG. And this doesn't involve President Obama.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Wed Mar-18-09 02:39 PM
Response to Original message
9. Deleted message
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Wed Mar-18-09 02:42 PM
Response to Reply #9
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GOTV Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 03:52 PM
Response to Original message
17. I think he knows that there's nothing that can be done - but he won't say it.
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 04:27 PM
Response to Reply #17
18. Nothing that can be done? Where have you been?
Something most definitely is going to be done, it's just a question of which of the brazillion bills being floated Congress is going to go with.
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GOTV Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 09:01 AM
Response to Reply #18
23. We'll see. Congress has been talking a tough game for some time.
but in the end it's always "Yes sir mr. executive"
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Just-plain-Kathy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 04:52 PM
Response to Original message
19. President Obama: "Nobody here drafted those contracts"
...We elected BO to clean up Bush's mess, I just wish he would, -and not just side step and let these corporate thieves get away with this money grab.

If the tables were turned, and Bushco was still in charge, and the American public were the ones getting all this money. Bushco would have a media blitz telling us that it was for "the good of the nation" to take this money back.

Everyone says to give Obama more time, but there are somethings that could be changed with just the nod of a president. AIG should not be getting all this money.
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humbled_opinion Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-18-09 09:39 PM
Response to Original message
21. VERY TIRESOME...
coming here and seeing all the Obama Bashers with such self-righteous indignation. Your cynasism is ugly and small minded and serves as fodder to those that caused this debacle. Some of you might as well say lets go back to when Bush was in charge, yes its that bad.

http://politicalticker.blogs.cnn.com/2009/03/18/breaking-i-was-responsible-for-bonus-loophole-says-dodd/
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