Robert Lindquist's blog
Your investment in aig? $1,224! What did you get?
Submitted by Robert Lindquist on Wed, 03/18/2009 - 5:11amIn his weekly newsletter, Former Speaker of the House Newt Gingrich called on the Obama administration to abandon the strategy of bailing out failing companies, insisting that companies choose bankruptcy or receivership as the only way to restore a sense of order and fairness to the economic system. Gingrich writes "So far, the American taxpayers are on the hook for $170 billion to AIG - that’s an astounding $1,224 per taxpayer." He also points out that any company that needs a $170 billion taxpayer bailout is a failed company, and that the executives that led that company are failed executives.
AIG Bonuses perfectly legal... but Geithner could go down
Submitted by Robert Lindquist on Tue, 03/17/2009 - 1:04pmAccording to the AP, those bonuses paid to the execs at AIG "Were paid under legal contracts, part of a program that had been disclosed in advance filings that American International Group Inc. made with the government."
how the liberal media views a true american hero....
Submitted by Robert Lindquist on Tue, 03/17/2009 - 10:10amI don't know how much truth there is in this but the premise is amusing. Supposedly, once the liberal media found out that Chesley "Sully" Sullenberger III, pilot of the jet that splash-landed in the Hudson in January, is a Republican, their opinion of him went from True American Hero to....
What The hell did they expect?
Submitted by Robert Lindquist on Tue, 03/17/2009 - 7:16amI just finished this AP report entitled "Obama berates AIG and vows to try to block bonuses." The article kicks off with "Joining a wave of public anger, President Barack Obama blistered insurance giant AIG for "recklessness and greed" Monday and pledged to try to block it from handing its executives $165 million in bonuses after taking billions in federal bailout money."
Questions From A Liberal
Submitted by Robert Lindquist on Mon, 03/16/2009 - 8:01amWhat do you say when a liberal asks, "If Obama is so smart, so able to bring a consensus among Americans to elect him, why is he screwing over America with his socialist ideals?"
The Bozovian Blame Game
Submitted by Robert Lindquist on Mon, 03/16/2009 - 7:50amIn yet another sign that the Obama administration is begin to unravel, the former rookie senator from the corrupt state of Illannoy, lacking any real solid solutions to the economic situation, is, at every opportunity, pointing the finger of blame at his predecessor, George W. Bush.
Bailouts and Bull**** with John Stossel
Submitted by Robert Lindquist on Mon, 03/16/2009 - 7:09amABC's John Stossel offered up this highly enlightening report on 20/20 (3/13). It really illustrates just how much the current administration is shooting from the hip and using scare tactics to push through socialist programs.
Does The White House Even have A Clue?
Submitted by Robert Lindquist on Sun, 03/15/2009 - 3:19pmJust a few month ago, during the "Battle For The White House," then candidate B. Obama consistently mocked his opponent (AZ Sen. John McCain, in case you forgot) for saying that, "The fundamentals of our economy are strong." Obama's campaign team (a.k.a., the major news media) accused the veteran senator of being out of touch. Today, however, a similar message came from economic adviser Christina Romer.
"The Obama Deception" - prepare for the tyranny!
Submitted by Robert Lindquist on Fri, 03/13/2009 - 12:22pm
Why didn't Michael Moore make this? The Obama Deception is a hard-hitting film that completely destroys the myth that Barack Obama is working f or the best interests of the American people. The Obama phenomenon is a hoax carefully crafted by the captains of the New World Order.
The Source Of The Fear
Submitted by Robert Lindquist on Fri, 03/13/2009 - 11:46amI was just reading an AP article quoting Lawrence Summers, the president's director of the National Economic Council. "Fear begets fear," he, told a forum. "It is this transition from an excess of greed to an excess of fear that President Roosevelt had in mind when he famously observed that the only thing we had to fear was fear itself, It is this transition that has happened in the United States today." The AP report then went on to say... "Summers spoke amid new signs of a deepening recession. The U.S.