AIG

Posts tagged as:

AIG

Black Box Financial Crisis

by Propagandee January 11, 2010

Visit msnbc.com for breaking news, world news, and news about the economy
Dylan Ratigan calls for Geithner’s head
Last spring equinox I wrote:
Obama likes to brag that he can walk and chew gum at the same time; that he spends at least an hour a day on the economy. Now, I understand that systemic problems demand systemic [...]

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Badges? We Don’t Need No Stinkin’ Badges!

by Propagandee November 21, 2009

In his blog yesterday, The Washington establishment suffers a serious defeat, Glenzilla summarizes the significance of Thursday’s bi-partisan vote on the Paul-Grayson Bill in the House Finance Committee that calls for an audit of the Federal Reserve.
This is an effort that goes back at least 57 years when Congressman Wright Patman of the House Banking [...]

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Is Goldman Sachs Losing It?

by Propagandee July 11, 2009

Back in March, I wrote:
From the Wall Street/DC Axis of Evil, the Treasury Department– oh hell, let’s just call it what it is: a wholly owned subsidiary of Goldman Sachs– will announce tomorrow its plan to further reward the very people who brought down the country’s financial system and by extension, the world’s.
Matt Taiibi has [...]

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Eat The Rich

by Propagandee March 20, 2009

Matt Taibbi nails it over at Rolling Stone::
The best way to understand the financial crisis is to understand the meltdown at AIG. AIG is what happens when short, bald managers of otherwise boring financial bureaucracies start seeing Brad Pitt in the mirror. This is a company that built a giant fortune across more [...]

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Some Of God’s Children. . .

by Terry March 18, 2009

. . .Get to paint.
I’ll be painting a few days,   but first, I’m going out for Japanese food.
I’ll be back blogging before the AIG rich prigs are hunted down like the pigs they are and we get our munnies back.  Well, actually that may never fuggin’ happen;  let’s just say I’ll be back way before [...]

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Torches And Pitchforks

by Propagandee March 17, 2009

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The Colbert ReportMon – Thurs 11:30pm / 10:30c
Stephen’s Angry Mob Will Crush AIG

Colbert Report Full EpisodesPolitical Humor
Rap BattleNASA Name Contest

Four hundred million years of evolution and Congress still doesn’t know how to GROW A SPINE!?!
Stand up to these assholes at AIG and Goldman Sachs and the rest of [...]

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Gekko On The Rocks

by Michael Hart March 15, 2009

No, no, no.  Gordon Gekko.
The evil actors and corrupt cartoon characters at AIG are taking our money their bonuses whether Timothy F. Geithner, or anyone else— likes it or not. Because well, they have a “contract.”
So.  AIG wrote contracts that allowed their employees to be paid bonuses, even when the company is insolvent?  Aren’t bonuses [...]

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Pie in the Sky With Diamonds Savings

by Michael Hart March 10, 2009

Where does your slice of the American Pie go?
Finally.  George Orwell’s letters to his mistress are going on the auction block.  But before I can fork over the moolas for one or more of them, a have a few other decisions to make about where my ever slender piece of the yummy munny pie goes.  [...]

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Send In The Clowns (Update 1)

by Propagandee November 15, 2008

President Chimpy cries out for help
The term “free market” seems to be code for a Darwinian, survival of the fittest FU mentality. The “greed is good” mantram of the Reagan years has, under George W. Bush, gone into overdrive, precipitating  a worldwide economic meltdown.
Here is what the most incompetent and reviled president in US history [...]

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Bailout: Putting Lipstick On A Pig In A Poke

by Propagandee September 27, 2008

The way to feed rabbits is to feed hay to horses.
A lovely little adage better known as trickle down economics. Unfortunately, it also describes even the modified bailout plan promoted by congressional Democrats, a plan that has no guarantee of ever working nor limits on the eventual cost.
Instead of a top down approach,  a [...]

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I Lived In A Box.

by Terry September 21, 2008

Guess who took this picture.
John McCain still thinks someone wants to put him in a box.
“When you’ve lived in a box,  you “only have time for right,” says a deep cowboy voice oozing authenticity, while the orgasmically large flat screen shows the aged maverick returning to his Vietnam prison cell and “forgiving” his captors— and [...]

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McHoover On Wall Street Meltdown: We’ll Study It

by Propagandee September 18, 2008

Sarah Palin holding Trig, while Willow and Piper keep mom upright.
First, a little context.
When our self-proclaimed CEO president, George W. Bush took office the week of January 22, 2001, the Dow Jones Industrial average was 10,659. Yesterday, it closed 50 points under that.
Bill Clinton left a budget surplus of over $250 billion. Bush will leave [...]

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