Wall Street Witch Hunts

Democrats in Congress usually have a “thing” for privacy rights.  Listening in on international phone-calls were one end of the conversation is a known or suspected terrorist?  That’s bad.  However, not all such intrusions are equal. McCarthy-esque intrusion into the lives of folks working on Wall Street?  Wielding  the tax code as a weapon against…

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AIG weekly recap – history, bonuses, Congress and outrage

I certainly hope that this will not turn into a weekly feature, but the amount of news, sound bites, and heated rhetoric pouring in from every direction resulted in Jim and myself electing to take a knee for the past 48 hours when it comes to posting AIG articles. That said, we’re slowly putting our…

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They Did It … Update – Bill Congress for commercials

Talk about Mr Smith goes to Washington. Shep Smith jumped ugly on Congress … and Chris Dodd. It is an amazing performance and worth watching for sure. Enjoy. Video now up  … sorry about the delay. New software today, still working out the kinks. httpv://www.youtube.com/watch?v=sjymMNP_hJY He went on to call today’s hearing into the AIG…

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Oh what a tangled web we weave …

First make a law … then implement it … then express outrage when it is … mix it up and you get … The $165 million AIG bonus flap that has caused outrage around the nation has its roots in a provision of Connecticut labor law that political leaders say needs to be changed. The…

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Dodd Under Fire For Allowing Bonuses-Video-Update: Dodd Responds

The NY Times is reporting (paragraph 16) that Chris Dodd included an exemption for bonuses like the ones given AIG in the February stimulus bill … I thought about adding this to Steve’s post on the Democrats going after Rob Simmons but this story is becoming bigger by the minute. The administration official said the Treasury…

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