Senate Republicans are drawing out a flap that has made the Obama administration squirm, applying the brakes to Democrats' attempts to quickly tax away most of the bonuses at troubled insurance giant AIG and other bailed-out companies. ...more

March 21, 2009

I thought it humorous at first and then downright sad as I witnessed the foolishness and uselessness of our elected officials in dealing with the economic crises they have inflicted on our country. The latest is the AIG debacle, as they purport to attempt retrieval of $165 million in bonuses they knew about months ago that are protected under wording of the amendment they passed for the bailout. ...more

March 21, 2009

Our Congress had a field day this week grilling the CEO of AIG, Edward Liddy, and making hay about bonuses that the company paid to some of its executives from bailout money. ...more

March 21, 2009

Senate Republicans are drawing out a flap that has made the Obama administration squirm, applying the brakes to Democratic attempts to quickly tax away most of the bonuses at troubled insurance giant AIG and other bailed-out companies. ...more

March 20, 2009

AIG, better known as American International Group, is an insurance company that lost $61.7 billion dollars in the fourth quarter of 2008 — a new record — then got $170 billion dollars of taxpayer money to save it from going bankrupt. ...more

March 20, 2009

President Barack Obama told Jay Leno on Thurday that he was stunned when he learned of the bonuses that bailed-out insurance giant AIG was paying its employees. ...more

March 19, 2009

The Democratic-led House overwhelmingly approved a bill today to slap punishing taxes on big employee bonuses from AIG and other firms bailed out by taxpayers. The vote was 328-93. "We want our money back and we want our money back now for the taxpayers," said House Speaker Nancy Pelosi, D-Calif. ...more

March 19, 2009

Crying About Impact Fees Oh my goodness! The poor developers and Hernando County Commissioner Jim Adkins are crying again about having the developers pay impact fees that help provide infrastructure to areas that are being developed. ...more

March 19, 2009

Oh yes, the temptations are here again. So far in life I have only been penalized a small bit by the temptation of getting into trying to make money with money, much like our government is doing by printing money and giving it to the banks. ...more

March 19, 2009

Edward Libby, Chief Executive Officer of insurance giant AIG, acknowledged to Congress Wednesday that many Americans were angry about the company's recent multibillion bonuses to employees. ...more

March 19, 2009