Tag Archives: aig

Robbing The Taxpayer

The United States government is colluding with the banks to rob the taxpayer. That, in a nutshell, is the newly shaped Tim Geithner bank rescue plan. That, in a nutshell, was the Hank Paulson bank rescue plan that has already … Continue reading

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Barack Obama’s Bonus “Outrage”

Barack Obama was outraged yesterday over the AIG bonuses. He was OUTRAGED. He said yesterday: This is a corporation that finds itself in financial distress due to recklessness and greed. Under these circumstances, it’s hard to understand how derivative traders … Continue reading

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Geithner In The Hot Seat

There are now serious questions being asked about Treasury Secretary Tim Geithner’s role in the AIG bonus scandal. It is clear now that Geithner knew long before this weekend about the AIG bonuses. Yet, it was not until the bonuses … Continue reading

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The Taxpayer Gravy Train

Let me get straight to the point. If the Obama administration gives AIG the additional $30 billion that it says it will, then it is the Obama administration that is using taxpayer money to pay hundreds of millions of dollars … Continue reading

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Goolsbee Unleashed!!!

My favorite economist, Austan Goolsbee, was all over the media today talking about AIG’s bonus program on the backs of American taxpayers. As I was driving back from work this evening, I heard Goolsbee on NPR bashing AIG. He was … Continue reading

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