Tag Archives: AIG

Week In Review: March 29th- April 4th

Everyone just cant get enought Meghan!  She was a hot topic this week at The Conservative Journal.

Everyone just can't get enought Meghan! She was a hot topic this week at The Conservative Journal.

Site News

  • The Conservative finally reached the Top 10 of Political Top Sites, which is different from other blog ranking sites because it ranks by averge daily unique visitors.  This was one of my early goals, and I just wanted to thank all of you that read this blog for making that possible!

Top 10 Posts and Pages of the Week

Everyone seemed to like these posts, be sure to check them out if you missed them!

  1. What’s Everyone’s Beef with Meghan McCain?
  2. Week In Review: March 22nd- 28th
  3. Mail Bag: Matt Delves Further Into AIG
  4. American Idol Top 10- Recap
  5. Mail Bag: A Vast Array of Textual Remarks
  6. Top Sites
  7. Leonardo DiCaprio at KCA: “Our mother is hurting!”
  8. Possible Candidates for 2012
  9. DUmmies Exposed: Kids Choice Awards Hypocrisy
  10. Month In Review: March 2009

Posts and Pages from the Week

If you missed any posts this week, simply click the article and read away!  The posts are in order from oldest to newest.

Poll of the Day Results

March 28th- What Do You Think of Michelle Obama’s Attire?

  • 82% of votes said they are like me and have ZERO problem with the First Lady showing a little arm, while the remaining 18% want to slap some slap sleeves some leaves on her.  Come on people, it’s the 21st Century!

March 29th- What Do You Think of the KCA Green Movement?

  • In one of the closest polls in Conservative Journal history, 52% of voters disagree with me and think the Kids Choice Awards preaching of going green was great.  The remaining 48% think like me, that global warming is simply too controversial to be the central theme of a kids award show.  I compare to making evolution the theme of a kids award show.

March 30th- What Do You Think of the KCA’s Hypocrisy?

  • Naturally, 88% of voters said the hypocrisy the KCS’s showed at their after party was horrible.  12% of voters, however, think it’s fine to talk about saving the planet like it’s the biggest deal in the world, and then haul thousands and thousands of paper plates, plastic cups, etc. to the dump.

March 31st- Who Was Your Favorite on American Idol?

  • For the second consecutive week, voters chose Adam Lambert as their favorite with 17%,  Kris Allen was in second with 15% of the vote, Danny Gokey and Allison Iraheta tied with 13% (Danny had more actual votes though), Lil Rounds had 12% of the vote, Scott MacIntyre had 10% of the vote, Anoop Desai received 8% of the vote, Megan Joy received 6%, and Matt Giraud came in lats with 4% of the vote.  The remaining percentage said they don’t watch.  Unfortunately, we wrong and Megan Joy ended up leaving American Idol.  She will be missed.

April 1st- Conference, No Poll.

April 2nd- Conference, No Poll.

April 3rd- What Do You Think of Bill O’Reilly’s Boycott of Sean Penn?

  • 41% of voters said they are also boycotting Sean Penn, 35% understand why Bill is doing it, but aren’t boycotting Sean, 18% think it’s stupid, and the remaining 6% don’t know/don’t care.  I think I fall into the “good for Bill” cateogory.  I don’t watch Sean Penn movies, but just because their topics don’t interest me.

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Mail Bag: Matt Delves Further Into AIG

First off, I’d like to thank all of you that have been e-mailing me with your great comments and opinion.  I really appreciate comments from both sides, as that is what makes blogging worthwhile.

Anyway, this morning I recevied an e-mail from Matt C. that looked further into AIG and the current state of the economy.  It truly is a wonderful article that puts all of our current dilemas into perspective, and gives a good look on the AIG bonus issues.  Everyone should read this article!

Get the whole picture about AIG out there.  I researched the facts and wrote a comprehensive article and am trying to get this out there.  We all know if we work together, talk with one comprehensive message we have a better chance of making real change in Washington.  This is not about Democrat or Republican, its about Liberty and Freedom.

The real tragedy behind the $165 million dollars in AIG retention bonuses is that our political leaders have used it to take more of our rights away.  Last week, the House, voted 328-93, to approve a bill they didn’t read, that would impose a 90% surtax on bonuses given to employees with household incomes of $250,000 or more at companies that have received at least $5 billion from the government’s financial rescue program. This legislation was derived from the tremendous outrage & media sensationalism created by Congress and the Obama Administration. In other words, they justified ignoring the 16th amendment of the United States Constitution by stirring up decent between economic classes.  Sen. Christopher Dodd, the chairman of the Committee on Banking, Housing and Urban Affairs, justified it by saying, “This is another outrageous example of executives — including those whose decisions were responsible for the problems that caused AIG’s collapse — enriching themselves at the expense of taxpayers,” President Obama’s justification was nothing more than finger pointing.  He asked “How do they justify this outrage to the taxpayers who are keeping the company afloat?” he went on to declare “This is a corporation that finds itself in financial distress due to recklessness and greed”.  Note to Obama:  When you point a finger, three are pointed back at you.

In 2007 Obama’s net worth had increased from 700k to 4.7 million dollars and he now has a $400k a year salary and all of his expenses paid.  Sen. Hillary Clinton’s average net worth, adjusted for inflation, grew from negative $6 million to $30.7 million between 2000 and 2006.  Sen. John McCain of Arizona reported a $27.6 million surge in his average net worth from 1995 to 2006.  Senator Dodd’s net worth was $101,000 in 1967 and in 2007 was 1.5 million but is now over $3.5 million.  Our congress expressed such outrage and distain for a measly $165 million dollars in bonuses to executives (many of which agreed to a salary of $1 for the year) when Congress’s collective net worth is around 3.6 billion dollars.  It appears as if our elected officials may be the one’s that are enriching themselves at the expense of taxpayers.

After two months, the Obama administration and our one party government have proposed legislation that will result in the worst deficits “ever”.  By “ever” I mean that if every deficit over the past 220 years (since George Washington) were added together, the sum would be less than the deficits their budget proposal will create ($1.8 trillion this year, $9.6 trillion over 10 years).  This increased spending comes during the worst World Economic Crisis since 1933.  There is a universal belief that increased spending and protectionist policies were the primary cause of the Great Depression.  The recent stimulus packages, Obama’s proposed budget and protectionist policies have fostered anger and worry from most foreign leaders (G20 leaders).  As a result, Obama’s ability to lead us out of an economic crisis is being questioned around the world.  So, how is he in any position to be commenting on financial distress due to recklessness?  Furthermore, what gives our elected officials the right to ignore History and make the same mistakes that lead to the Great Depression and WWII?

Over the past 30 years we have allowed our political leaders to make countless compromises in an effort to further their party’s agenda.  These compromises are in large part the cause of the world’s worst economic crisis since 1933 (76 years) and the implications surpass those of the Great Depression.  Our liberty, prosperity and security are at stake and therefore, it is not a time to debate, it’s a time to demand.  Demand that our government abides by the constitution.  We must demand that our unalienable rights, Life, Liberty and the Pursuit of Happiness are secured and that our Government derives their just powers from the consent of the governed.  It’s high time that we do our duty as American Citizens, pound our fists on the Capital Door and demand that our leaders listen or leave office.  There is no excuse for our elected officials to serve themselves instead of listening to the people they serve.  If our elected officials want to ignore history, the Constitution, and US Citizens by spending us into oblivion, than they need to be held accountable.  There should be a 90% tax on their $170,000 a year salaries and  $50,000 a year pension plans when their outrageous decisions result in an economic collapse.  Their assets should be put up as collateral for the trillions of dollars that we now have to borrow primarily from communist countries.  We do not work for the United States Government, Congress or The White House.  They work for us and a reminder is way past due.

What do you think of Matt’s article?  What do you think of the whole AIG mess?  Leave your comments below or e-mail you in depth response to theconservativejournal@gmail.com and see it posted on this site!
Thanks for reading!

Rick

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Filed under AIG, Mail Bag