Monthly Archives: March 2009

Mar 26 2009

‘Porker of the Month’

Yes its a Democrat named here as ‘Porker of the Month’ which is expected. Which its the other Democrats that allow him to put pork in the bills. Right?

Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, has been named “Porker of the Month” by Citizens Against Government Waste (CAGW) because of his criticism of bonuses for AIG employees while Frank himself has supported bailouts for failing banks and lenders.

The CAGW, a non-partisan government watchdog group, noted that Frank has said that AIG’s bonuses only “rewarded failure.” Yet Frank voted for the Troubled Assets Relief Program, a financial bailout program with no enforceable strings attached, said the CAGW, and he defended Fannie Mae and Freddie Mac while those lending institutions were in financial trouble.Read More

LINKS:

(1) And another one bites the dust: EPA nominee withdraws over grant fraud scrutiny/conflict of interest

Mar 25 2009

EU presidency: US stimulus is ‘the road to hell’

The head of the European Union slammed President Barack Obama’s plan to spend nearly $2 trillion to push the U.S. economy out of recession as “the road to hell” that EU governments must avoid.

The blunt comments by Czech Prime Minister Mirek Topolanek to the European Parliament on Wednesday highlighted simmering European differences with Washington ahead of a key summit next week on fixing the world economy.  Read More

The EU understands that Obama is spending to much, why can not he see his wrongs and stop this bankrupting America? Could it be that bankrupting America was his plan from the beginning?

LINKS:

(1) Roll call vote on $6 billion national service boondoggle: 14 GOP dissenters

(2) Lyle J. Rapacki, PHD, FBI InfraGard, March 16, 2009, White Paper Discussion, Dr. Orly Taitz, Supreme Court Justice John Roberts, Barack Obama not eligible, US Attorney General, US Army Officer, constitutional crisis, civil unrest

Mar 24 2009

Jackie Clegg Dodd served as an “outside” director of IPC Holdings, Ltd., a Bermuda-based company controlled by AIG. IPC

From 2001-2004, Jackie Clegg Dodd served as an “outside” director of IPC Holdings, Ltd., a Bermuda-based company controlled by AIG. IPC, which provides property casualty catastrophe insurance coverage, was formed in 1993 and currently has a market cap of $1.4 billion and trades on the NASDAQ under the ticker symbol IPCR. In 2001, in addition to a public offering of 15 million shares of stock that raised $380 million, IPC raised more than $109 million through a simultaneous private placement sale of 5.6 million shares of stock to AIG – giving AIG a 20% stake in IPC. (AIG sold its 13.397 million shares in IPC in August, 2006.)

Chris Dodd has been one of the company’s favorite recipients of campaign contributions. Read More

Chris Dodd has to go!

LINKS:

POTUS and TOTUS meet the press: Defensive about AIG, blame-card on debt, blows off charities