18 MARCH - AFTER WATCHING THE HEARINGS THIS MORNING, I RETURN TO APOLOGISE TO MR. LIDDY AT AIG:
He was appointed to run this company FOR the US TAXPAYER in order to recoup our INVESTMENT, that may, in fact, end up making the US TAXPAYER a good bit of PROFIT.
"...But in a letter that followed, Liddy (AIG BIGSHOT) said he had "grave concerns" about the impact on the firm's ability to retain talented staff "if employees believe that their compensation is subject to continued and arbitrary adjustment by the U.S. Treasury."LINK
TELL YA WHAT, MR. AIG BIGSHOT I WILL SHOW YOU WHERE THE TOILET IS FOR A WHOLE LOT LESS MONEY THAN ANY OF YOUR "TALENTED STAFF" DID.
This chairman of the Fed, Bernanake, is a good guy. Click HERE for part 1 of the 60 minutes interview. HERE for part 2. I only hope the republican'ts don't fuck this up. AGAIN, THE PREVIOUS STATEMENT REMAINS TO BE PROVEN.
As Jim Hightower explains it, is that “the wealthiest 1 percent of Americans possess more net worth today than the bottom 90 percent of us combined. Worse, these privileged few and their political henchmen have structured a new economic ‘normal’ of long-term joblessness, low wages, no benefits or worker rights, miserly public services, and a steadily widening chasm between the rich and the rest of us.” We must restore sanity to this nation.