Barack Obama, our next President

[Truth is no SIN]

OBAMA IS A 1%er BLACKS WOULD HAVE BEEN UP IN ARMS IF THIS HAPPENED WITH ANOTHER PRESIDENT The office tasked with monitoring the $700 billion Troubled Asset Relief Program (TARP) bank bailout fund issued a report Monday revealing that the US Treasury has routinely rubber-stamped requests from bailed-out firms for executive bonuses in excess of guidelines put in place for the ostensible purpose of limiting payouts by these taxpayer-subsidized companies.

The report by Christy Romero, the special inspector general for the Troubled Asset Relief Program (SIGTARP), accused the Treasury Department and its special master for compensation, the so-called “pay czar,” of approving “excessive” pay packages for bailed-out companies. Executives at taxpayer-rescued firms “continue to rake in Treasury-approved multimillion-dollar pay packages that often exceed guidelines,” the report stated.

The report focused on three bailed-out firms—the insurance giant American International Group (AIG), General Motors, and Ally Financial (formerly General Motors Acceptance Corporation). AIG received more than $182 billion in federal loans and cash, including $40 billion in TARP funds. General Motors received $13.4 billion, and Ally Financial got $17.3 billion.

In 2012, according to SIGTARP, the Treasury Department pay czar signed off on $6.2 million in raises for 18 employees at the three companies, all of which remained partially owned by the federal government, which held large blocks of their stock. The chief executive of an AIG division was granted a $1 million raise, an executive at GM’s European unit was given a $100,000 increase, and an Ally Residential Capital official was awarded a $200,000 pay hike just weeks before the subsidiary of Ally Financial filed for bankruptcy.

The report concluded that, despite government guidelines that executives at bailed-out firms be paid no more than the average for similar companies, 63 percent of top executives at the three companies were paid more than their peers. It criticized the pay czar for rubber-stamping the pay requests made by the companies.

[RepubliCLOWNS]

discordian wrote:

<quoted text>
People died
Bush lied
an al quada attack on his watch, guilty

thanks for your update scumbag.

[Truth is no SIN]

OBAMA THE PEOPLES PRESIDENT LOLOLOLOLOLOLOLOLOLOLOLOLOLOLO LOOOLOOLLThe Obama administration’s largesse when it comes to six- and seven-figure compensation packages for GM executives stands in stark contrast to its attitude toward GM workers. In 2009, Obama insisted that the pay of all GM new-hires be reduced to half the pay of veteran workers as part of the bailout of the auto company.

The SIGTARP report underscores the cynicism and duplicity that underlay the creation of the pay czar position from the outset. It was never anything more than a smokescreen to dupe the public into believing limits were being placed on executive pay at bailed-out firms.

The public was overwhelmingly opposed to TARP when it was passed by Congress in early October 2008. In March of 2009, public anger exploded when it was revealed that AIG had paid out $168 million in retention bonuses to executives at its Financial Products division—the very unit whose speculative bets had brought the company to the point of collapse. Bills began making their way through Congress to limit the pay of executives at bailed-out banks and corporations.

Obama and his treasury secretary, Timothy Geithner, came out against the bills, with Geithner famously declaring that the AIG pay agreements had to be honored because of the “sanctity of contracts.” The intervention by the Obama administration killed the proposed legislation on executive pay.

Soon after, the administration established the special master for compensation (pay czar) position to placate public anger and create the appearance that something was being done to rein in the avarice of Wall Street. As the SIGTARP report makes clear, this was just another maneuver to deceive the people.

[DBWriter]

Homer 2016 wrote:

<quoted text>I am beginning to think DBWriter is one of those deep cover Russian spies, they saw the right moment to activate him(first black president) and use him in attempts to divide the country. He plays the rightwinger, conspiracy theorist all too well, almost like he was trained for it. Comments? Questions?
What? He has like a dozens conspiracies, Homer can't have one?

This is interesting.

Is Obama white, or black?

[dem entia]

dem wrote:

time for a martini!
im living like a topix senior citizen for at least 5 more weeks.
thats gotta cheer you up, baggers..
ohhhh and im on disabilty that pays 100% of my salary for two months.
hee hee

mental disability, no doubt

[Waxman]

Another Democrat whackjob went berzerk again at anoher school and shot someone.

We need gun laws. No gus for Democrats. They're all nuts. Limiting guns to a single round won't work. This was a single shot and it still killed someone libturds.

[DBWriter]

flack wrote:

DRAPA shows off 1.8-gigapixel surveillance drone, can spot a terrorist from 20,000 feet

Would that be a Janet Napolitano terrorist, or a real terrorist?

[flack]

Here about the vet who had all four limbs blown off? He just got two whole arm transplants. In time they will function just like his real arms right down to the finger tips.

Right now we are using people's DNA to 'grow' hearts, lungs and many other body parts. In time we will be able to grow a new body including the brain. The brain data will be transferred and you will have a new body. Want to live forever?

[Eman]

Homer 2016 wrote:

dem you own the afternoon, well done, you have the baggers on the run, Flack run don't walk as fast as you can down to Jerry's.
I haven't seen a beatdown like this since Peppy met up with that old woman in Hong Kong.

You actually read dem's posts? You're further gone than I thought.

[Need Advice]

My doctor has given me bewteen 3 to 6 months to live due to cancer. I owe the IRS $358,467.00 I have explained to them I don't have the money and will be dying soon. They said they would seize my body at death and will not release it to my family until my taxes are paid, is this something they can really do?

[Truth is no SIN]

THE LYING BLACK SELL-OUTS BOOT LICKING POS When print or broadcast news outlets grab a compelling story, only to distract attention away from what the public needs to know, that's called “burying the lead.” That's what Melissa Harris-Perry did in her Jan. 26 segment on whether the nationwide wave of public school closings were “racist” or not.

Melissa Harris-Perry Buries The Lead Story on National Wave of Public School Closings

by BAR managing editor Bruce A. Dixon

Melissa Harris-Perry devoted an eight minute segment of her January 26 MSNBC show to the question of whether the current wave of public school closings, indisputably concentrated in poor black and brown communities across the nation, was racist. She had four panelists on the segment, only one of whom seemed connected to and knowledgeable about the issue, a New York City parent.

They batted the thing around, and all pretty much agreed that it was a dirty shame, a tragic waste closing hundreds of public schools in places like New York, Chicago, Philadelphia, destructive to most ideas of community, and that yeah, it probably was indeed racist. Harris-Perry called it an “epidemic” of school closures. She noted that neighborhoods identify especially with their high schools, and closing them violates the integrity of communities.

Both Harris-Perry and the NYC parent activist brought up the proliferation of high-stakes tests which judged urban teachers and students as “failing” thus providing some of the immediate justification for the school closings, though this was something the discussion passed over rather than dwelled upon. The NYC activist declared that she and the Save Our Schools Coalition intended to be in DC during the coming week to press for recognition of the fact that school closings were racist, ask for a meeting with the president and for a national moratorium on school closures.

What Harris-Perry and her panelists failed to do was explain exactly ---- or even vaguely --- what's causing these racist school closures that are wrecking communities. Labeling them “racist” describes only a single symptom of the “epidemic” while telling us nothing about its cause. The host and panelists didn't mention the Obama administration's signature Race To The Top Program even once. For a show whose Twitter handle is #nerdland, this is a pretty significant omission.

[RealDave]

discordian wrote:

<quoted text>
People died
Obama lied
an al quada attack on his watch, guilty

What lie did Obama tell that caused the attack on Benghazi?

[DBWriter]

DBWaiter wrote:

<quoted text>
What's, a chair, Alex?

In the English language, it's "What's a chair, Alex?"

[sonicfilter]

Eman wrote:

<quoted text>
I believe the email is posted at the daily caller if you want to look at it.

In those e-mails, the tipster repeatedly puts off in-person or telephone meetings with both Chavez, and reporters from Citizens for Responsibility and Ethics in Washington and ABC News. He also resists their attempts to establish direct contact with the alleged prostitutes.

http://www.washingtonpost.com/blogs/post-poli...

because we wouldn't want Bob to get charged with a crime???

oh please. we'll never know the name of the 'tipster'. but nonetheless on the word of 'someone' you guys will never let it go.

does anyone wonder why the GOP thinks it needs a rebrand? there's a perfect example.

[Eman]

RepubliCLOWNS wrote:

<quoted text> thanks for your update scumbag.

Will we see nuc today?

[Truth is no SIN]

Harris-Perry is far too intelligent not to know that Obama's Race To The Top policies are deliberately, not accidentally driving the wave of school closings, or that President Obama is deep in the pocket of the charter school sugar daddies. She knows too that there are deep connections between the money spent on the warfare state and bank bailouts and the money available to support public education. And she's well aware that nobody's career has ever been harmed by supporting the policies of a sitting president, no matter how vile (or even racist) those policies might be.

The black political class, based as it is on the fiction that it “represents” an underprivileged minority defined by race, is perfectly willing to entertain a shallow discussion of whether school closings are “racist.” But explaining to her audience where the pressure for high stakes testing, for school closures, for teacher firings, for turning public schools into profitable low-cost holding tanks are coming from --- if it means disagreeing with the First Black President, it ain't gonna happen.

If corporate school reform was something Republicans and Democrats disagreed on --- if elected Republicans were doing it and elected Democrats were against it, Melissa Harris-Perry might see fit to focus real intellectual wattage on the subject, and truly inform her audience. She and her guests have no trouble cackling at evil Republicans. But when the evil is bipartisan, and a black Democrat in the White House, her career is more important than the truth. She knows the microphone and the audience ain't hers either, it's MSNBC's. If she doesn't tow the line, maybe they'll give Michael Eric Dyson a show instead, he'll know how to stay in his lane.

[DBWriter]

RealDave wrote:

<quoted text>
If these charges prove to be true, Democrats will force him out.
Unlike Republicans with the "wide Stance" Senator & Vitters.

yeah... right....

Barney Frank can throw his male page off his New York hotel balcony and run a male prostitution racket out of his house and be the Chairman of the House Financial Services Committee because he's a Democrat.

Menendez is hispanic. You can have video footage of him clubbing baby seals and making demo videos for NAMBLA and the Democrats won't touch him.

[sonicfilter]

Emails show FBI investigating Sen. Bob Menendez for sleeping with underage Dominican prostitutes

The documents, which The Daily Caller had obtained hours earlier from an anonymous source.....

http://dailycaller.com/2013/01/25/emails-show...

[Truth is no SIN]

Like boxers instructed at the beginning of every fight to “protect yourselves at all times”, MHP knows her obligation is to protect the Democratic party elite, and the president, and to protect millions of voters who supported Barack Obama and his party from knowing what they really voted for. In this case that meant drawing attention away from the charter school profiteers and sugar daddies, and their intimate ties with this president, his secretary of education, and a whole layer of Democratic and often black politicians. So where the lead story on school closings should have on what's causing the public school closings, who's pushing and profiting from the public school closings, who is resisting those forces and how we can stop school closings and protect public education, Melissa Harris-Perry buried that lead. She just pronounced it all a hot racist mess, and hosted a rambling and pointless discussion about an “epidemic” without pointing to preventions, treatments or cures. What a waste. PERRY IS AN ELITE WHO DOESN'T BLACKS TO HAVE A VOICE

[flack]

DBWriter wrote:

<quoted text>
Would that be a Janet Napolitano terrorist, or a real terrorist?

It didn't say. Probably both.