Tag Archives: AIG

The Recession Is Over!

By pdo | Published: March 25, 2009
The recession is over and has been for some time.  It really wasn’t that big of a deal.  Shit happens, right?  But the caucaphony of modern media blows things out of proportion.  Remember Terry Shiavo?  Did that really matter?  Nope, but it got a lot of press. The democrats are angry and riled up at CEOs.  [...]
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We are NOT being too harsh on AIG

By Joe Weber | Published: March 22, 2009
If it’s too good to be true, it probably is. So, I stand just a bit, corrected.  Remember when I wrote this?  Right. I don’t think we’re being too harsh on AIG anymore.  Here’s why: You need to READ THIS ARTICLE.  Got this one sent to me by my great friend Ben, and despite the unnecessarily colorful language [...]
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Obama and the Special Olympics

By Joe Weber | Published: March 20, 2009
1. Pres. Obama w/ Jay Leno on his Bowling Skills: “It was like Special Olympics or something” - A fair point is being made by the right on what the President said…  IMAGINE what would have happened if President Bush would have said this.  I think we’ve all said terrible awful things and not intended [...]
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Should we get off AIG’s Back?

By Joe Weber | Published: March 20, 2009
Aren’t we being a bit Harsh on AIG? AIG is an insurance company. And how did they collapse? They were insuring risky investments by selling credit default swaps.  Here’s how this all went down.  But first, a few definitions of some terms in the way that I understand them: Credit Default Swap: Basically Insurance on [...]
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The American public is turning into a mob

By Joe Weber | Published: March 19, 2009
1. AIG CEO unfairly gets killed by lawmakers - There was so much grandstanding yesterday it was baffling.  The AIG CEO who appeared before a congressional panel came on last fall at the REQUEST of the government to try and fix things at that company.  He gets paid a dollar a year, wasn’t on board [...]
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More Anger at AIG

By Joe Weber | Published: March 18, 2009
1. Feds want that AIG Bonus Money Back - So we’ve given them how many billions, and now we want some millions back?  Ummm… okay, here’s that tax payer money you already gave us, back?  What the hell?  (From Bloomberg) 2. Pope says condoms INCREASE the AIDS problem in Africa - Whaaaaa?  (From the London Times) 3. The [...]
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By Joe Weber | Published: March 17, 2009
1. Obama: Give me the names of those getting Bonuses!  AIG: Take a Hike Prez! - AIG refuses to hand over names of those getting the bonuses while tax payer money keeps rolling in.  (From the London Times) 2. Laura Ingraham Slams Meghan McCain about her… weight? - Wait, what?  She’s not heavy.  Sen. McCain’s daughter [...]
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The President of Pakistan made a pass at Sarah Palin

By Joe Weber | Published: March 16, 2009
1. Meet the President of Pakistan – Who apparently made a pass at Sarah Palin?  (From The New Republic) 2. AIG handing out bonuses - Everyone, including the administration, will talk about how outrageous it is for a few days.  Then everyone will forget about it, and we’ll all keep plowing ahead.  (From the Wall Street [...]
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Michael Steel might have been the wrong choice

By Joe Weber | Published: March 4, 2009
1. This might be a GOP Uh-Oh – Is Michael Steele a mistake for the Republican party?  Bonus: He gave a shout out to “one armed midgets” ?  (From Politico) 2. AIG Bailout makes Bernanke Really Really Angry – But he even admits that the US “had no choice” (From the Wall Street Journal) 3. Auto Sales [...]
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