Theodore's World: AWESOME Speech by Republican Rep. Steve LaTourette Re: AIG

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March 21, 2009

AWESOME Speech by Republican Rep. Steve LaTourette Re: AIG


Rep. Steve LaTourette Speaks on the House Floor about AIG



Is this sick or what! ,...........

AIG is like a suicide bomber

Obama: It’s Like AIG Has a Bomb Strapped to Them

Source

But today, President Obama took that rhetoric in a different direction. He actually upped the ante explaining that AIG is like a suicide bomber.

“We had to step in, it was the right thing to do, even though it is infuriating,” Obama said, explaining why the government needed to bail out the troubled banks.

“The same is true with AIG,” he said. “It was the right thing to do to step in. Here’s the problem. It’s almost like they’ve got — they’ve got a bomb strapped to them and they’ve got their hand on the trigger. You don’t want them to blow up. But you’ve got to kind of talk them, ease that finger off the trigger.”



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Wild Thing's comment........

There is no accountability in this Administration. There need to be mass resignations - starting with Obama. This is embarrassing. Its not like everyone doesn’t know by now that his people authorized the bonuses.

"AIG is like a suicide bomber"

Obviously he was speaking without his teleprompter or he would not have said such a thing.

I have not posted about all the uproar about the people that got a bonus because there has been so many other things that have been happening.

You know I mentioned before that I think Obama does a slight of hand thing with our country. He used this bonus thing and what happened.....we had news of HR1388 and the DOD and guns ammo, and our wonderful health care and treatment for our Veternas being taken away. HUGE things happening that needed to be addressed and letters written and phone calls made. So I keep seeing how Obama does one thing over here and at the same time is doing something else over there, slight of hand really comes to mind.

So now when I saw this video I just had to share it with you because it is one of the better speeches made about the BS that has gone on with the bonus thing and I wanted you all to see it.

If Congress can pick out an individual or a group of citizens then what is to stop them from writing Bill of Attainder on any or all of us for what ever reason?

What Congress did yesterday is a specific dis-incentive to the very professionals who have been charged with pulling AIG up from its bootstraps and making it solvent again.

The Dims have no intention of allowing any corporation the free market tools to heal their companies to a point where they can re-pay the government for their bailouts.

Democrats were the ones who put a choke hold on their better practices to put them in a position to fail in the first place—now they won’t let them fix their own problems.

Their agenda is the total destruction of corporate America, and thereby our Capitalist system.



Posted by Wild Thing at March 21, 2009 05:44 AM


Comments

There do not seem to be a lot, but there are SOME Repubs with courage. LaTourette's short speech should have been fodder for the daily news, but I doubt anyone in the press mentioned it.

To be a Dem I think you have to be born in the cover your ass mode. Of course no one accepted LaTourette's challenge. Crooks and cowards like obscurity.

Posted by: TomR at March 21, 2009 11:39 AM


It's funny, I have an honors degree in Business Administration and was in an honorary business fraternity in college and Deans list, but I can't get one of those high faluting jobs because I got known as the "manager who cares" rather than the "manager who hates." I could never do what these idiots did, but the bonuses were promised to them by Geithner and his cohorts. If I were to get a big bonus like that, I'd give it back to my workers because they did the work for me. I'd probably keep only 10% for myself. I can't stand those who don't see that the worker did all the work and got them where they are today and do nothing for them. It's unfair to hog it all. I think if they had given it to the workers, nothing would have been said about it.

Posted by: Lynn at March 21, 2009 05:05 PM