Leaders of the White House economic team and the Senate's top Republican bellowed about bonuses at a bailed-out insurance giant and pledged to prevent such payments in the future.From one Sunday talk show to the next, they tore into the contracts that American International Group asserted had to be honored, to the tune of about $165 million and payable to executives by Sunday, even as the company has benefited from more than $170 billion in a federal rescue. Image Credit: KOMO News
Circular Logic Defines Obama’s Turn At President
Here we are only about 57 days into the 44th Presidency of the United States and what we find doesn’t match up with what was promised.
Barack Obama ran on an overriding theme of ushering a new era of responsibility, yet all this administration can do is put forward and hire people, Timothy Geithner, to oversee our economy and its pursuit of increased taxes, that cheat on their responsibility to actually pay taxes.
Case in point:
The Obama administration blames this economy and the Government solutions put in place to correct its downturn on the previous executive administration of George W. Bush, yet this administration fights to keep most of the same people, policies, and level of oversight in place from the previous administration.
This administration decided to give a third round of additional TARP fund billions of dollars to its largest troubled financial institution, AIG, without pre-condition (again) while upping the Government’s ownership (80%) in the company … then becomes outraged (only after the disclosure of the bonus plan) when the company honors its employment contracts with many of its top executives by issuing $165 million dollars in bonuses – averaging $500,000 to each.
Obama economic chief Larry Summers: AIG bonuses 'outrageous' but government can't stop them. Image Credit: Associated Press via KDRV-TV
This excerpted and edited from NationlJournal.com –
Hotline After Dark -- Resident Evil?
March 17, 2009 8:50 AM
"World News" led with AIG bonuses. "Evening News" led with AIG bonuses and featured a taped interview with special inspector gen. for Iraq Stuart Bowen Jr. "Nightly News" led with AIG bonuses.
Last night's TV coverage was dominated by Pres. Obama's announcement that he asked Treas. Sec. Tim Geithner to use all legal tools to block the AIG exec bonuses. Among the reaction:
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Weekly Standard's Ham: "There's nothing that brings people in Washington together from both sides of the aisle faster than the need to get on the right side of a populist backlash" ("O'Reilly Factor," FNC, 3/16).
Rep. Scott Garrett (R-NJ): "None of this should have surprised any of us. ... And it was actually out there also for Secretary Geithner to understand coming into this, as well. ... So it's only now that it's making headlines that the president is coming back and basically second-guessing his own treasury secretary on this. Why Secretary Geithner didn't raise this when he first understood it is beyond me" ("NewsHour," PBS, 3/16).
Sen. Bob Menendez (D-NJ), asked if he's satisfied with the responses from the WH: "I'm not satisfied. ... They have to renegotiate their contracts. There is no reason why when the federal government is poised to do another $30 billion that, in fact, we can't insist that those contracts get renegotiated, and renegotiated in such a way in which those bonuses simply don't take place." ("1600," MSNBC, 3/16).
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FNC's Hume: "... it is a big problem for the president. He has already added substantially to the bailout money previously provided to AIG and to others and will almost certainly need to add more, much more to address the continuing credit crisis. ("Special Report," 3/16).
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Rep. Darrell Issa (R-CA): "The boneheads are the people in the previous administration and this administration who gave out over $170 billion of our money and did not, in fact, do what anyone else giving money does, which is ensure that the money is not a conduit for simply paying out bonuses" ("Hardball," MSNBC, 3/16).
Syndicated columnist Charles Krauthammer: "This is not so much an economic issue as a psychological and a political issue. Economically, if you add up all the bonuses, it's less than 1/10 of one percent of the bailout to AIG alone, so it's lunch money. Psychologically, it's important because there's outrage in the country, and ... unless there's an appeasement in the anger in the population who are going to have to support the next bailout, which is going to be a trillion dollars, the money won't be made available, Congress will deny it. So that's why you get the president heaping opprobrium on these miscreants who made the bad deals and now are getting the bonuses."
More Krauthammer: "I'm all in favor of keeping this heaping opprobrium. I would deny them the bonuses if possible. I would be for an exemplary hanging or two. Have it in Times Square, invite Madame Defarge. You borrow a guillotine from the French and we could have a party. If that's what it takes to maintain popular support, let's do it. But it's not going to change anything economically" ("Special Report," FNC, 3/16).
CNN's Dobbs: "I'm calling for Liddy to be fired. I'm calling for the Board of AIG to be fired here tonight, and looking forward ... we can't afford in this country any longer to tolerate corporate leaders who don't understand the basic values of this country ... ("Lou Dobbs Tonight," 3/16).
Reference Here>>
Why is anyone surprised? Barack Obama never was an executive in charge of anything throughout his entire career.
He became educated, earned a law degree, edited a law review publication, worked as a foot soldier for ACORN (an organization that is funded, in part, by the federal government to support socialism projects to people who look for handouts as opposed to a hand up on which one can become self-sustaining), became friends with a group of radical educators and priests, taught constitutional law at a college, ran for and secured a state senate office in Illinois, then waged an uncontested campaign to become a Senator from the state of Illinois to the federal government, where he served 144 days before he declared and ran for President of the country full time until he became elected.
And now, as President, with the help of a Democrat political party lead congress and three Republican political party Senators, he has been successful at committing each and every household to an additional $18,500+ in spending debt. He has defined his presidency by throwing taxpayer money at continuing, and historically, self-correcting economic problems while re-labeling our effort to stop islamofascism created violence that continues to kill thousands of innocent citizens … from an act of ongoing war to a police action.
The economy has lost over 40% of its value since he was voted into office (over 15% in these last two months), South Korea and Iran threaten to launch rockets and make nuclear bombs, Russia is moving to control the flow of oil out of their region of the world while President Barack Obama reverses the opening up of off-shore drilling activity in our own country, Riots are breaking out in Pakistan, and Barack Obama pledges $900,000,000 (nine-hundred million dollars) of United States taxpayer money to rebuild infrastructure in Hamas (a recognized islamofascism ideology based terrorist organization) controlled Gaza.
All of this chaos and we have only witnessed this President’s first two months in the office of executive leadership.
Circular logic … dizzying, isn’t it?
Showing posts with label Hamas. Show all posts
Showing posts with label Hamas. Show all posts
Tuesday, March 17, 2009
Saturday, January 03, 2009
Hamas Leadership Dispenses Terror That Cuts Two Ways
In a public relations campaign launched in the Palestinian Authority, the Hamas terror organization is claiming victory over Israel's withdrawal and promises to terrorize Haifa and Tel Aviv until Israel is defeated and Palestine restored to the Arabs. They are taking credit for the Israeli withdrawal, saying that Israel withdrew from the Gaza Strip defeated by the "resistance," not as the result of "useless negotiations." Caption and Image Credit: Hyscience
Hamas Leadership Dispenses Terror That Cuts Two Ways
The biggest tell on a government and its attitude toward its people in a crisis situation is how it responds to the protection and care of the citizenry.
Hamas has finally poked the beehive of Israel to where the government of Israel had to respond with a damaging force where the Hamas leadership knew that Israel would not tolerate having rocket bombs being shot into their national boundaries any longer.
After Israel dropped bombs on the launching points from where the Hamas initiated rocket bomb activity had been traced, collateral damage in sued and injuries to the citizens who lived under Hamas rule needed a response. The appropriate response would be to allow a quick first medical response in order to allow the injured but living to remain living.
This excerpted and edited from Pajamas Media –
Revealing Silence at the Gaza-Egypt Border
Why does Hamas victimize its own people? And why doesn't the media call them on it?
January 2, 2009 - by Richard Landes
At about 1:10 on Sunday, December 28, 2008, the BBC anchor Peter Dobbie found out, along with his audience, that there were 40 Egyptian ambulances ready to evacuate wounded, and lorries full of medical goods sent by Qatar to restock Gazan hospitals, waiting at the border crossing in Egypt. (According to another source there were also 50 Egyptian doctors ready to go into the Strip to help.) Since Dobbie and his audience had heard the repeated complaint from the people in Gaza that the hospitals were overwhelmed by the injured and desperately lacking in supplies, one would have expected the border to be full of purposeful activity. Instead, nothing was happening. The Gazan side lay silent.
A real journalist, someone with a smell for revealing anomalies, would have immediately recognized this as an important story to follow up on. After all, Dobbie had not hesitated to interrupt and challenge Israeli spokesmen on precisely the issues at stake: the disproportion between Israeli-caused fatalities and Israeli-suffered fatalities, the inevitable suffering of innocent civilians when such a bombing campaign takes place in so densely populated an area. “The math doesn’t work,” said Dobbie, implying what commentators emphasized elsewhere — the “disproportionate use of force” the Israelis were employing.
So here was a perfect issue with which to challenge Hamas spokesmen: If they were so distraught at the loss of life of their own people, why didn’t they take care of them? What on earth would possess Hamas not to avail themselves of what they pleadingly told the world they so desperately needed? As the honest and courageous Egyptian blogger Sandmonkey put it, “My head hurts.”
Alas, the BBC did nothing of the sort. The next six hours saw nothing but canned footage repeating Palestinian complaints, voiced not only by Hamas spokesmen and BBC reporters, but UN officials like Chris Gunning and human rights advocates, and, of course, others in the Western MSM.
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Too bad. Had the BBC behaved like real journalists instead of parroting Palestinian narratives, they might have taken the “golden” (read excremental) thread that leads out of the labyrinth and straight to the “real story.”
That story, of course, is the dreadful Palestinian strategy, taken to new heights by Hamas in the early 21st century — play the victim card at any cost. In this case, create a genuine humanitarian crisis.
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Hamas initially offered two reasons for not allowing the wounded out: 1) the roads were too dangerous to venture out on, and 2) they were composing a list of the wounded.
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Then Hamas spokesman Fawzi Barhoum, speaking to Khaled Abu Toameh, denied the Egyptian allegation that Hamas was to blame, “claiming that many of the wounded rejected an Egyptian offer to receive medical treatment in Cairo in protest against Cairo’s ‘support’ for the IDF operation.
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On the contrary, as Ma’an News Agency reported, Hamas would allow no passage of wounded until the border was completely open.
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And of the 600 wounded (according to Palestinian sources) all of them, suffering in a ludicrously crowded and understaffed hospital, refused to go to Egypt?
Although the reasons are hollow, they do tell us about Hamas priorities, and the overwhelming message of this refusal is that helping their own civilians survive ranks very low on their scale, well below revenge and public relations concerns. Indeed, as with Israel, so with Egypt: they hold their people hostage to maximalist demands.
Some say Hamas doesn’t care about their people. The evidence suggests far worse. They actively seek the victimization of their own people. Indeed, the enormous resources they have expended on the constant, if largely ineffective, barrage of rockets on Israeli civilians is actually quite staggering. Not only have they lavished much of their meager resources to this vicious and gratuitous activity, but, as a result of those attacks, guaranteed that their borders would be closed and their people would continue to suffer — hostages to their hatred. Thus, the phony excuses offered for the border snafu disguise something far more sinister: Hamas wants the crisis; they want civilians dying dramatically in wretched hospitals.
On the face of it, it seems absurd that a government would actively victimize its own people. What advantage in making an already miserable people suffer even more?
There are two major explanations here. First, Hamas, like many other Palestinian groups, is addicted to violence against Israel. Anything they can do, no matter how small, to make Israelis suffer, they will do, whatever the cost.
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But the second explanation is far more disturbing, because it involves the media. Hamas only gains a real advantage to having Palestinians suffer if they, who do so much to inflict that suffering, can blame it on Israel.
It would be absurd for Hamas to stand in front of the world and say, “Look at how much we make our own people suffer; join us in hating Israel.” So the game is intensely hypocritical. It depends on getting public opinion, both in the Arab-Muslim world and in the West, to accept a scapegoating narrative — the Palestinian Guernica — that deflects responsibility.
And the pathetic thing is that it works.
Reference Here>>
The truly odd thing to all of this is that this scapegoating narrative of suffering has a parallel application.
This strategy of deflecting responsibility is also being used by our current Executive and Congressional leadership to diffuse the problems in our economy in the causes and attempts to right the wrongs caused by our leadership.
Further, they have a willing partner in the forces of the MSM to NOT report the story outside of the narrative template that Hamas is using in its campaign of terror in the Middle-East.
To reconstruct the questions asked at the beginning of this article:
Why does our Executive and Cogressional Leadership victimize its own people through social engineering agendas (using taxpayer money in programs that continue to fail)? And why doesn't the media call them on it?
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