AIG & OBAMA: Laundering Our Money?
Posted by FactReal on March 23, 2009
Updated by FactReal on Oct. 1, 2009
AIG IN FACTS |
AIG BONUSES TO POLITICIANS Democrats received 68% of AIG’s contributions for the 2008 elections. #1 AIG RECIPIENT: DEMOCRAT BARACK OBAMA ● Obama & leaders in Congress rammed the “Stimulus” bill thru Congress not allowing enough time to read the bill and opening the chance for problems like AIG’s bonuses. ● Obama’s most generous donors include many of the companies that received bailout money. |
|
#2 AIG RECIPIENT: DEMOCRAT SENATOR CHRIS DOOD ● Chairman of the Senate’s Banking committee which oversees AIG and the insurance industry, financial institutions, housing & mass transit programs. ● Dodd’s most generous donors come from the insurance, finance, hedge funds, and real estate industry, including many of the companies that received taxpayer bailout. ● He provided the bonus loophole for AIG. |
AIG MONEY LAUNDERING AIG USED $101.3 BILLION BAILOUT MONEY TO PAY OTHER BANKS (including foreign banks and big Obama donors) $101.3 Billion taxpayer money redistributed to AIG is being used by the U.S. Treasury, the Obama Administration and Congress to bail out the rest of the world: $57.8 Billions to foreign banks and $43.5 Billions to U.S. financial entities |
AIG BAILOUT MONEY PAID TO BANKS |
DONORS TO OBAMA & DODD | ||||
FINANCIAL ENTITY | AMOUNT ($ billion) |
TOTAL ($ billion) |
COUNTRY | NOTES | |
Bank of Montreal | 1.1 | 1.1 | Canada | ||
Danske | 0.2 | 0.2 | Denmark | ||
Société Générale | 11.9 | France | |||
BNP Paribas | 4.9 | France | |||
Calyon | 2.3 | France | |||
19.1 | France | ||||
Deutsche Bank | 11.8 | Germany | |||
Dresdner Kleinwort | 2.2 | Germany | |||
Deutsche Zentral-Genossenschaftsbank | 1.0 | Germany | |||
DZ Bank | 0.7 | Germany | |||
KFW | 0.5 | Germany | |||
Dresdner Bank AG | 0.4 | Germany | |||
Landesbank Baden-Wuerttemberg | 0.1 | Germany | |||
16.7 | Germany | ||||
ING | 1.5 | Netherlands | |||
Rabobank | 0.8 | Netherlands | |||
2.3 | Netherlands | ||||
Banco Santander | 0.3 | 0.3 | Spain | ||
UBS | 5.0 | Switzerland | |||
Credit Suisse | 0.4 | Switzerland | big donor to Chris Dodd | ||
5.4 | Switzerland | ||||
Barclays | 8.5 | UK | |||
HSBC Bank USA | 3.5 | UK | |||
Royal Bank of Scotland | 0.7 | UK | big donor to Chris Dodd | ||
12.7 | UK | ||||
PAYMENTS TO FOREIGN ENTITIES | 57.8 | OVERSEAS | |||
Goldman Sachs | 12.9 | US | big donor to Obama, Chris Dodd | ||
States and Cities | 12.0 | US | |||
Merrill Lynch | 6.8 | US | big donor to Chris Dodd | ||
Bank of America | 5.2 | US | |||
Citigroup | 2.3 | US | big donor to Obama, Chris Dodd | ||
Wachovia | 1.5 | US | |||
Morgan Stanley | 1.2 | US | big donor to Obama, Chris Dodd | ||
AIG International Inc. | 0.6 | US | |||
JP Morgan | 0.4 | US | big donor to Obama, Chris Dodd | ||
Citadel | 0.2 | US | |||
Paloma Securities | 0.2 | US | |||
Reconstruction Finance Corp | 0.2 | US | |||
PAYMENTS TO U.S. ENTITIES | 43.5 | US |
THE TROJAN HORSE: Bonus Loophole Created by Lawmakers |
|||||
“I’m responsible for bonus loophole” finally admits Democrat Senator Chris Dodd (D-CT) (Transcript & videos) |
Sources: ● Bloomberg: Dodd Blames Obama Administration for Bonus Amendment ● CNN: “Sen. Dodd told CNN Wednesday that officials in the Treasury Department asked him to add the bonus loophole to the stimulus bill before it was passed….he was responsible for adding the bonus loophole into the stimulus package that permitted AIG and other companies that received bailout funds to pay bonuses….On Tuesday, Dodd [had]denied to CNN that he had anything to do with the adding of that provision.” ● CNN: Bonuses allowed by stimulus bill ANOTHER CRISIS CREATED BY POLITICIANS
● FEDS KNEW FOR MONTHS ABOUT THE COMING BONUSES ● POLITICIANS FAKE OUTRAGE OVER BONUSES (that they created) |
RELEASING THE ANGRY MOB ● AIG derangement syndrome: “Every politician in Washington wants to show they care by bashing AIG. Which almost all of them agreed to bail out.” ● Democrats to AIG: Give back the bonus money or we will release your public information ● All of the people should be executed with piano wire around their neck |
|
NO MORE PRIVACY |
|
I can’t promise confidentiality even though you’re getting death threats said Democrat Barney Frank to AIG Barney Frank wont promise confidentiality to AIG despite death threats |
MOB RELEASED TO HOMES OF AIG EMPLOYEES COULD YOUR HOME BE NEXT? |
||||
Yahoo News: “FAIRFIELD, Conn. – A busload of activists representing working- and middle-class families paid visits Saturday to the lavish homes of American International Group executives to protest the tens of millions of dollars in bonuses……One of the protestors “marveled at AIG executive James Haas’ colonial house, which has stunning views of a golf course and the Long Island Sound…”Lord, I wonder what it’s like to live in a house that size,” she said…News of the bonuses last week ignited a firestorm of controversy and even death threats against AIG employees.”Do they know it was Congress & the Administration that created the bonus loophole? Would they go to protest to Congress & the White House? |
||||
FEEDING POPULIST ANGER LawHawk: “What is truly galling is that the Democrats in Congress, along with the President, are trying to stoke populist anger against AIG and other corporations, all while skirting the truth that it was Congress itself that was responsible for this mess – the bailouts along with the allowances for executive compensation. If there is anger, it should be directed at the President and Congress, both of which knew that this executive compensation was to be paid.” |
THE REAL AGENDA: CREATE PRECEDENTS CONFISCATORY TAXES |
|
Schumer: “We’ll put in place a new law that will allow us to tax these bonuses at a very high rate” threatens Democrat Senator Charles Schumer (D-NY) Schumer fails to mention that they, the lawmakers and the Obama Administration, created the loophole for the AIG contractual bonuses!!! Why politicians think they can change a private contract? Why they feel they are at liberty to impose tax rates as high as 90% or 100%? Why they feel they can target specific individuals with punitive taxes? Imagine he was saying this to you. Why do we allow this? |
|
90% TAX LAW Democrat Charlie Rangel sponsored HR1586 to tax 90% of bonuses: ● Houses passes bill with vote 328 – 93 ● Roll call ● Legislation Text |
|
USEFUL IDIOTS ALWAYS HELP THE COMMUNISTS Some Republicans abandoned their free-market principles and voted in favor of this government abuse. Can’t they see the big picture? ● Roll Call Vote: 85 House Republicans who supported Rangels 90% bonus tax |
UPDATE: THE CASE AGAINST CHRIS DODD | |
RELATED – WASHINGTON TIMES: AIG extorted employees to donate to Dodd! – Culture of Corruption: Dodd/Conrad cleared in Countrywide probe – Election 2010: Connecticut’s Dodd Trails Potential GOP Foe by 10 (Rasmussen, 9/11/09) – Conservatives need more guerilla media and invest in adding value: “That means research, muckraking, fact-checking, policy wonkery, information organization and information activism.” |
iusbvision said
Factreal, it is like we reported, they have spent 9 trillion between Federal Reserve, Treasury and Congress and just now they are talking about the toxic assets…and STILL no mark to market rule change.
It is starting to look like they have used this crisis to get stock and some measure of control over the banks that are left, while others are allowed to fail in ways that seem arbitrary. What is going on does not seem ethical to put it mildly.
Great site, I would kill for your HTML and art skills :-)
Chuck Norton
Editor IUSB Vision Web Log
FACTS: AIG BONUSES & MONEY LAUNDERING « AMERICA TIMES said
[…] $165 MILLION, right? So, why are politicians and the media focused on the $165 MILLION AIG bonuses? FactReal explains why… TOP RECIPIENTS OF AIG’S POLITICAL BONUSES click image for […]
BAILOUT SUMMARY (List of bailouts so far) « FactReal said
[…] AIG-OBAMA: LAUNDERING OUR MONEY? […]
RAP SHEET: Democrat Barney Frank « FactReal said
[…] AIG-OBAMA: LAUNDERING OUR MONEY? […]
100 DAYS & 100 MONTHS: TORTURED BY LIBERALS (videos) « FactReal said
[…] AIG-OBAMA: LAUNDERING OUR MONEY? […]