Sen. Dodd ADMITS He Inserted Loophole Allowing AIG Bonuses, On Obama’s Request (Video)

DODD: “We wrote the language in the bill, the deal with bonuses, golden parachutes, excessive executive compensation that was adopted unanimously by the United States Senate in the stimulus bill…”

Filed under: Politics, AIG, Bailouts, Banks, Barack Obama, Bonuses, Chriss Dodd, Congress, Democrats, Dodd, Economics, Economy, Finance, News, Obama, Politics, Republicans

Fannie to Pay Bonuses of Up To $611K to 4 Execs; Obama Received $105K Contributions

“Fannie Mae plans to pay retention bonuses of as much as $611,000 each to key executives this year as part of a plan to keep hundreds of employees from leaving the government-controlled company.

Rival mortgage finance company Freddie Mac is planning similar awards, but has not yet reported on which executives will benefit…”

Obama Received $105K From Fannie/Freddie…

Filed under: Economics, Politics, Barack Obama, Democrats, Economics, Economy, Housing, Investments, Jindal, Money, News, Obama, Politics, Real Estate, Republicans

OBAMA WANTS TO DISARM PILOTS

“The Obama administration is taking steps quietly to shut down the program that qualifies commercial airline pilots to carry firearms in jetliner cockpits in order to ward off another 9/11-type attack.

The administration recently diverted $2 million from a program to train and certify pilots to carry firearms safely while on duty. Instead, it is using the money to hire additional field inspectors to help discipline pilots who step out of line, according to a report in Tuesday’s Washington Times…”

Filed under: Obama, Airlines, Barack Obama, Democrats, Economics, Flights, News, Obama, Pelosi, Politics, Republicans, World

Obama Decides Not to Charge Veterans for Health Care Afterall

“President Barack Obama reversed course Wednesday on a highly charged proposal to have private insurance companies, instead of the Veterans Affairs Department, pay for veterans’ service-related injuries. The proposed policy shift was aimed at recouping $540 million, but it risked souring goodwill of veterans, an enormous…”

After being set to charge them for it…

Filed under: Obama, Barack Obama, Democrats, Economics, Health, Health Care, Military, News, Obama, Politics, Republicans, War

Obama Admin Knew About AIG Bonuses Long Before ‘Anger’ Came

“U.S. Treasury Secretary Timothy Geithner found out about the impending bonuses to executives at insurer AIG last Tuesday and alerted the White House on Thursday. The furor over $165 million in bonuses paid out to staff at AIG even as the company was accepting up to $180 billion in taxpayer funds has focused attention on who in the administration knew what about the bonuses and when they knew it. And it has raised questions about Geithner’s handling of the affair…”

Filed under: Obama, AIG, Banks, Barack Obama, Democrats, Economics, Economy, Finance, Insurance, News, Obama, Politics, Republicans, Stocks

Obama’s Covert War in Pakistan

“President Barack Obama and his national security advisers are considering expanding the covert U.S. war in Pakistan far beyond the tribal areas near the border with Afghanistan, the New York Times reported on Tuesday…”

Obama Secretely Endorshed Islamic Law in Northern Pakistan…

Afghan/Pakistan Border

Filed under: Obama, Politics, Barack Obama, Christianity, Democrats, Iran, Iraq, Islam, Middle East, Military, Muslim, News, Obama, Pakistan, Politics, Religion, Republicans, Terrorism, War, World

WSJ: Will Obama Go AWOL on VA Health Benefits?

“If you were injured in Iraq or Afghanistan and you have not paid your co-pay, please press 1. If you were injured during military training and you have not yet reached your deductible, please press 2. If your family has reached its maximum insurance benefit, please call back after you have purchased additional coverage. Thank you for your service…”

Charles Dharapak/AP

The American Legion Chief Says Obama “Refused to Hear About Government-Avowed Obligations…”

Filed under: Economics, Obama, Army, Barack Obama, Democrats, Health, Health Care, Marines, Military, Money, Navy, News, Obama, Politics, Republicans, Socialism, Veterans, Wall Street Journal, War