Archive for the ‘culture of corruption’ Category

Obama Speech Bullshit Bingo

March 4, 2010

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You can’t spell Oligarch without the Czars

August 31, 2009

Recent posts

May 6, 2009

Arlen Specter should have gotten his thirty pieces of silver up front.

The Culture of Corruption is still going strong.

ACORN = Voter Fraud

About that Swine Flu thing…

Monday Book Pick – Semper Mars

Team Lightbringer: Dangerously Incompetent

The political theater of the absurd

May 4, 2009

How else do you describe our Dear Leader going on TV with the Tax Cheat he put in charge of the US Treasury Department, so they could describe how they are going after offshore tax havens?

I don’t give this good odds of getting through Congress. It’s a fairly safe bet that a majority of the Senate and good chunk of the House have some of their own money sheltered from US taxes in those offshore tax havens. I’m pretty sure both of my Senators, the convicted felon and the admitted war criminal, are avoiding their fair share of taxes that way.

The Corruption keeps rolling along

April 5, 2009

Corrupt democrat Congressman John Murtha is continuing his pattern of pork barrel spending.

Four of the earmark requests from Murtha’s office are for current or former clients of a lobbying firm, the PMA Group, that is currently under federal investigation for connection to possible “straw” donations to Murtha and other Democratic members of the House.

Murtha also has not yet apologized to the cleared US Marines he insulted.

Originally posted at the Urbin Report

AIG execs pressured to donate to democrat Senator Dodd

March 30, 2009

The Washington Times has the story on how the Senate Banking Committee Chair, democrat Chris Dodd, collected large donations from AIG employees.

Mr. Dodd’s campaign quickly hit pay dirt, collecting more than $160,000 from employees and their spouses at the AIG Financial Products division (AIG-FP) in Wilton, Conn., in the days before he took over as the committee chairman in January 2007. Months later, the senator transferred the donations to jump-start his 2008 presidential bid, which later failed.

Now, two years later, Mr. Dodd has emerged as a central figure in the government’s decision to let executives at the now-failing AIG collect more than $218 million in bonuses, according to the Connecticut attorney general – even as the company was receiving billions of dollars in assistance from the Troubled Asset Relief Program (TARP). He acknowledged that he slipped a provision into legislation in February that authorized the bonuses, but said the Treasury Department asked him to do it.

The employees were told, “If you agree,” to write checks for $2,100 from themselves and their spouses and to send them to Mr. Dodd’s campaign within four days. They also were to ask the senior members of their management teams to do the same and send copies of their checks to the company.

The Dodd campaign collected $162,100 from AIG-FP employees and their spouses within six weeks of the e-mail, according to data from the Center for Responsive Politics and the Federal Election Commission.

Note that the employees were told to send copies of their checks to the company. That may be legal, but it clearly crosses an ethical line.

Originally published at the Urbin Report.

Cap and Tax

March 30, 2009

Our Dear Leader‘s so-called “Cap and Trade” program is really a “Cap and Tax” program that is going to suck more money from the paychecks of every American.

This energy tax is going to hit the poorest the hardest, since they pay the largest percentage of their income on energy costs (electricity, heating and transportation).

White House sources have admitted that this will be an average increase of $1,800 per family!

President Obama’s energy tax plan — a version of the failed European “cap and trade” global warming fiasco — may cost families $1,800 yearly in higher utility bills, far exceeding his promised $800 a year tax cut for 95% of Americans.

While campaigning, Obama admitted that his energy plan would cause electric bills to “skyrocket.” President Obama’s energy tax plan — a version of the failed European “cap and trade” global warming fiasco — may cost families $1,800 yearly in higher utility bills, far exceeding his promised $800 a year tax cut for 95% of Americans.

While campaigning, Obama admitted that his energy plan would cause electric bills to “skyrocket.”

So when Candidate Obama said that Americans making less than $250,000 a year would not see any new taxes, he was lying! Get used to it folks. It’s a long way until January 20, 2013.

Also published at the Urbin Report.

Marion Barry, tax cheat

March 27, 2009

Former democrat D.C. Mayor, and former crackhead, Marion Barry has joined the ranks of many prominent democrats.

He is, like our Dear Leader’s Secretary of the Treasury, a tax cheat.

According to the Washington Post, Barry “owes the federal government more than $277,000 in back taxes and skipped at least six months of recent payments on taxes owed to the D.C. government, according to federal authorities.”

HT to Mr. Reynolds

First Posted at the Urbin Report.

About those AIG Bonus

March 18, 2009

Those $150 million in bonus are perfectly legal and are protected by our Dear Leader‘s bailout bill pushed through by the democrat controlled congress.
If you want to be angry at somebody, direct your ire at Senator Chris Dodd, the democrat who received the largest amount of campaign donations from AIG out of the entire congress.
Let’s go the the wording in the bill:

`SEC. 111. EXECUTIVE COMPENSATION AND CORPORATE GOVERNANCE.

[. . .]

`(iii) The prohibition required under clause (i) shall not be construed to prohibit any bonus payment required to be paid pursuant to a written employment contract executed on or before February 11, 2009, as such valid employment contracts are determined by the Secretary or the designee of the Secretary.

As the nice folks at Redstate point out, let’s look at the bonus our Dear Leader got from AIG.

Senator Barack Obama received a $101,332 bonus from American International Group in the form of political contributions according to Opensecrets.org. The two biggest Congressional recipients of bonuses from the A.I.G. are – Senators Chris Dodd and Senator Barack Obama.

Any laws to “tax away” the AIG bonuses should also target the money AIG gave to Dodd and BHO.

Update: Fannie Mae and Freddie Mac are planning on handing out millions in bonuses. These Government Sponsored companies are at the root of the current finanical crisis, with their democrat driven reckless policy of pushing loans for those who clearly cannot afford them. Where is the outrage?

The two companies, which together own or back more than half of the home mortgages in the country, have been hobbled by skyrocketing loan defaults. Fannie recently requested $15 billion in federal aid, while Freddie has sought a total of almost $45 billion.

Michael Williams, Washington-based Fannie Mae’s executive vice president and chief operating officer, is due to receive a $611,000 retention award this year on top of his $676,000 base salary.

Williams received a $260,000 retention bonus last year and is in line for another $429,000 next February, for an expected total of $1.3 million, according to the SEC filing.

David Hisey, the company’s deputy chief financial offer, is expected to receive a $517,000 retention award this year in addition to his $385,000 salary and $160,000 cash bonus. He received a $220,000 retention award last year and is due to receive $363,000 next February, for a total of $1.1 million

Yet another Obama Cabinet pick who doesn’t pay taxes!

March 2, 2009

This time it’s former Dallas Mayor Ron Kirk, our Dear Leader‘s choice for U.S. Trade Representative.

It’s clear why democrats don’t worry about raising taxes, since they don’t plan on paying them anyway!