2009-03-27 / Letters

Con Job

Dear Editor,

Have you been enjoying the Washington follies, especially the ones about the Banks and AIG? Isn't it comical to see our own senator Chuck Schumer braying over the microphone about how he is going to fix the bonus takers? "We'll tax them 100% if they don't give back the money," he screams. What he forgot to tell you is that he is a member of the banking committee and he knows exactly why the big bonuses are being paid out. All this started because the taxpayers are angry and they are demanding answers. Slowly but surely the facts are coming out and the Chuck Schumers are in cover up mode. A desperate struggle in Congress to keep the public

in the dark is in full swing, and unfortunately it is working so far. An attorney on MSNBC reported that Senator Christopher Dodd from the state of Connecticut is chairman of the banking committee and Senator Dodd made an amendment to the bailout bill to protect the bonuses.

Don't blame the banks or AIG when our own representatives are giving them the green light to steal. Just look at who is out front on this cover up issue almost every day, all banking committee members: Barney, I love everyone on the committee, Frank; Chuck, I never saw a camera I didn't like, Schumer; and Christopher, we got through worse than this, Dodd. Imagine the American taxpayers giving money to bail out AIG at a time when millions are being laid off and they can't pay their mortgages, or their rent, and in some cases can't buy food, and AIG is sending billions of bailout dollars to foreign country's to bail out their banks. Could it be that our representatives are banking in those foreign banks? Is that going to be investigated? I doubt it. Only if a newspaper investigates.

Don't think for a moment that President Obama is going to do anything about this. He is in fourth place when it comes to getting contributions from AIG. All he is going to do is put on a good show, but in the end, it is the banks and AIG that is going to bring him down. I really believe that all names mentioned above are underestimating the American public and this time they went too far. Since the citizens own 80 percent of AIG it is not too late to do the right thing. The president should take over AIG until they become solvent, fire all the managers and spare them jail time, and for good luck throw Timothy Geithner into the mix. Didn't we see the writing on the wall about a week ago when the president of Bank of America flew into Washington in his private jet to testify? That was a warning shot across the bow. What he was saying was, "Listen up, all of you Buffoons. Do you really want me to tell the American people where all the bonuses are going. You keep your mouths shut tighter than a bulls backside in fly time, and don't utter a word about my private jet" In the end, only the people will do something about all this mess. Maybe when the people in masses storm the White House and start tearing the doors off their hinges will they wake up.

JOHN BAXTER

Return to top


Email Us
Contact Us

Copyright 1999 - 2014 Wave Publishing Co. All Rights Reserved

Neighborhoods | History

 

 

Check Out News Podcasts at Blog Talk Radio with Riding the Wave with Mark Healey on BlogTalkRadio