If a politician is "Shocked and Outraged" over the CONTRACTUALLY OBLIGATED AIG bonuses?
TELL THEM TO PAY BACK THE MONEY THAT AIG DONATED TO THEM!!! This is NOT about Party...it's about principle!!! This is all a Red Herring to get you to not notice that AIG sent $20 Billion Dollars of the bailout to OVERSEAS BANKS!!!
Name Total Contributions
Dodd, Chris (D-Conn) $281,038
Bush, George W (R-Texas) $200,560
Schumer, Charles E (D-NY) $111,875
Obama, Barack (D-Ill) $110,332
McCain, John (R-Ariz) $99,249
Baucus, Max (D-Mont) $90,000
Kerry, John (D-Mass) $85,000
Johnson, Nancy L (R-Conn) $75,400
Sununu, John E (R-NH) $69,049
Clinton, Hillary (D-NY) $61,515
Lieberman, Joe (I-Conn) $57,900
Rangel, Charles B (D-NY) $53,582
Giuliani, Rudolph W (R-NY) $50,250
Lazio, Rick A (R-NY) $48,600
Ensign, John (R-Nev) $44,569
Bayh, Evan (D-Ind) $43,700
Larson, John B (D-Conn) $43,000
Biden, Joseph R Jr (D-Del) $41,350
Baker, Richard (R-La) $41,032
Torricelli, Robert G (D-NJ) $39,000
D'Amato, Alfonse M (R-NY) $38,750
Carper, Tom (D-Del) $37,213
Bush, George (R-Texas) $34,000
Roth, William V Jr (R-Del) $33,400
Lowey, Nita M (D-NY) $31,800
Smith, Bob (R-NH) $31,750
Shelby, Richard C (R-Ala) $31,250
Reed, Jack (D-RI) $30,600
Castle, Michael N (R-Del) $29,350
Ackerman, Gary (D-NY) $27,750
Grassley, Chuck (R-Iowa) $27,750
Specter, Arlen (R-Pa) $27,450
Gephardt, Richard A (D-Mo) $27,250
Hagel, Chuck (R-Neb) $27,250
Clinton, Bill (D-Ark) $27,000
Foley, Mark (R-Fla) $26,650
Nadler, Jerrold (D-NY) $26,000
Murkowski, Frank H (R-Alaska) $25,700
Zimmer, Dick (R-NJ) $25,397
Crapo, Mike (R-Idaho) $24,500
Kyl, Jon (R-Ariz) $24,400
Dole, Bob (R-Kan) $24,250
Nelson, Ben (D-Neb) $23,200
Collins, Susan M (R-Maine) $22,542
Molinari, Susan (R-NY) $21,650
Dunn, Jennifer (R-Wash) $21,250
Romney, Mitt (R-Mass) $20,850
Bond, Christopher S 'Kit' (R-Mo) $20,750
Farrell, Diane Goss (D-Conn) $20,550
Zeliff, Bill (R-NH) $20,427
Pomeroy, Earl (D-ND) $20,270
Paxon, Bill (R-NY) $20,150
Reynolds, Tom (R-NY) $19,750
Maloney, Carolyn B (D-NY) $19,200
Kolbe, Jim (R-Ariz) $18,550
Crowley, Joseph (D-NY) $18,500
Chafee, Lincoln D (R-RI) $18,150
Berman, Howard L (D-Calif) $18,000
Bennett, Robert F (R-Utah) $17,700
Bowles, Erskine B (D-NC) $17,600
Frist, Bill (R-Tenn) $17,300
Menendez, Robert (D-NJ) $17,000
Hastert, Dennis (R-Ill) $16,549
Gore, Al (D-Tenn) $15,750
Swett, Dick (D-NH) $15,500
Nelson, Bill (D-Fla) $15,412
Frost, Martin (D-Texas) $15,250
Jeffords, James M (R-Vt) $15,250
Corker, Bob (R-Tenn) $15,150
Davis, Tom (R-Va) $15,000
Chafee, John H (R-RI) $14,757
Perlmutter, Edwin G (D-Colo) $14,650
Gregg, Judd (R-NH) $14,500
Portman, Rob (R-Ohio) $14,300
Durbin, Dick (D-Ill) $14,000
Matsui, Robert T (D-Calif) $14,000
Israel, Steve (D-NY) $13,950
Burton, Dan (R-Ind) $13,650
Coverdell, Paul (R-Ga) $13,600
Abraham, Spencer (R-Mich) $13,500
Kennedy, Edward M (D-Mass) $13,500
Murkowski, Lisa (R-Alaska) $13,500
Andrews, Michael Allen (D-Texas) $13,400
McConnell, Mitch (R-Ky) $13,200
Cornyn, John (R-Texas) $13,000
Moynihan, Daniel Patrick (D-NY) $13,000
Faircloth, Lauch (R-NC) $12,875
Fowler, Wyche Jr (D-Ga) $12,760
Chocola, Chris (R-Ind) $12,500
Houghton, Amo (R-NY) $12,500
Kanjorski, Paul E (D-Pa) $12,500
White, Rick (R-Wash) $12,490
King, Pete (R-NY) $12,343
Feinstein, Dianne (D-Calif) $12,250
Grams, Rod (R-Minn) $12,150
Conrad, Kent (D-ND) $12,000
Frisa, Daniel (R-NY) $11,825
Daschle, Tom (D-SD) $11,700
Rockefeller, Jay (D-WVa) $11,500
Weiner, Anthony D (D-NY) $11,500
METHODOLOGY: The numbers on this page are based on contributions from PACs and individuals giving $200 or more. All donations were made during the A election cycle and were released by the Federal Election Commission. Figures for the current election cycle are based on data released on March 02, 2009.
Feel free to distribute or cite this material, but please credit the Center for Responsive Politics.
Future Fate: Did you read the list? It INCLUDES DEMOCRATS AND REPUBLICANS!!!! I don't care what Party they are in...if they took money and are now outraged...THEY NEED TO GIVE THE MONEY BACK!!!
Beth: I don't hate AIG...I HATE dishonest politicians!!!
- BillLv 71 decade agoFavorite Answer
The more I think about it, the more I think we really, REALLY need a National Bit*h Slap a Politician Day. A senator or congressperson goes into a restaurant and the waiter puts down his tray and SMACK! He/she complains to the manager, and SMACK! Calls a policeman and SMACK! and then is arrested for disturbing the peace and crimes against American taxpayers.
If the person in need of bi+ch slapping is Nancy Pelosi, Harry Reid, or Barry Obama, then kick their bony a$$es hard enough to leave a complete shoe imprint after bi+ch slapping them. I am totally disgusted and fed up with the lot.
When Vladimir Putin warns the U.S. about the dangers of socialism, we are truly screwed. o_O
- ChloeLv 44 years ago
The "bonus" was contractual period. They agreed to pay these employees a "bonus" and apparently included no contingencies in those contracts. Sady, it happens all of the time. The problem goes far deeper but no one in Washington is apparently ready or willing to see it for what it truly is. These companies have not been operating on a worse case scenerio basis. AIG was absolutely convinces by its sheer size alone that it could withstand any negative happenings in the market. They (AIG, Fannie Mae and Freddy Mack) have been making contributions to some of our highest people, Obama, Biden, Clinton and even McCain, have all received money. Is it any wonder then that when McCain and Bush 43 called for congressional oversight that Barney Frank insisted it wasn't needed? I said that it happens all of the time. When (during the Clinton years) we closed a military base, if construction had been contracted (for say -- a new barracks), the construction continued until the job was complete even if the base had already closed. It made no sense. The government was obligated to pay regardless of the closure. That AIG has received more than one "bail out" and none of these lawyers in Congress thought to write a contract and have it signed before they gave them the "loan" is obscene. Should you or I go to a lending institution and ask for a loan, you can rest assured that the lender would insist on knowing where the money was going and would require too that we sign a contract. Congress did none of the above, yet they are lawyers charged with running the business of the country -- and are paid extremely well for doing so. The only thing that makes it worse, is that we keep re-electing them to office. Lastly, the idea of now trying to tax the bonus' being paid with a retro active 98% tax -- with a new tax law that has yet to be written, is a serious abuse of power and will most likely be found unconstitutional. Should it be allowed, what is to then stop them from then writing a retro active tax law to recoupe from us our tax returns because they are not happy with the way we choose to spend it? The morons should have thought about this BEFORE they gave them the money. If they had a brain among them, the best they could hope for is to get AIG for "Misappropriation." I sincerely doubt they are that smart. Of the 11 "employees" who received this latest bonus of over $1 million, as an attempt to keep them on staff, 9 have already moved on to greener pastures. God bless America and capitalism.
- Anonymous1 decade ago
The fact is, large companies tend to give out donations to BOTH SIDES!!! So they spread their bets and figure somebody will listen to them no matter who wins.
That's why it's so easy to make a big list pretending that only one side got donations.
But the fact is ALL BUSINESS CONTRACTS can be renegotiated any time! They should have said - look, you don't get any federal money unless your guys all agree to no bonuses - sign on the bottom line or your company goes belly up and you all lose your jobs!
The would have done it in a heartbeat!Source(s): But unfortunately Bush and Dodd didn't give us that option.
- 1 decade ago
I know everyone is HATING AIG right now, but it was a great company and MOST of the company is still producing..
This mess at AIG is from ONE part of the company!
"A few years ago, AIG got involved in a new aspect of the financial system: It joined in the selling of so-called credit default swaps. A credit default swap, or CDS, is essentially insurance on debt."
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- 1 decade ago
Nice list; worth printing out and taking along to the voting booth.
- Anonymous1 decade ago
What time does Rush come on? I am actually getting bored with the AIG discussion and ready to move on. Will he want to bash the veterans insurance issue today or will he realize that is already dead and if so, what will his topic be?