Comments on: A Word on Bonuses http://www.liberdei.com/2009/03/21/a-word-on-bonuses/ A personal website for Justin Chan Fri, 08 Jul 2011 02:28:30 -0400 http://wordpress.org/?v=2.8.5 hourly 1 By: Justin Chan http://www.liberdei.com/2009/03/21/a-word-on-bonuses/comment-page-1/#comment-687 Justin Chan Sat, 21 Mar 2009 21:56:02 +0000 http://www.liberdei.com/?p=593#comment-687 I certainly agree that there is still a lot of corruption and shadiness with the US government. Coincidentally, I was referred to this video on YouTube that describes a lot of what you are saying: http://www.youtube.com/watch?v=eAaQNACwaLw (I will not claim to have watched the entire video, nor will I say that I agree with everything suggested in it.) I certainly agree that there is still a lot of corruption and shadiness with the US government. Coincidentally, I was referred to this video on YouTube that describes a lot of what you are saying: http://www.youtube.com/watch?v=eAaQNACwaLw

(I will not claim to have watched the entire video, nor will I say that I agree with everything suggested in it.)

]]> By: mark power http://www.liberdei.com/2009/03/21/a-word-on-bonuses/comment-page-1/#comment-686 mark power Sat, 21 Mar 2009 15:50:13 +0000 http://www.liberdei.com/?p=593#comment-686 The worst part is that the bonuses were meant to distract the public from the real pillaging. Goldman Sachs had billions with AIG. Hank Paulson, the former treasury secretary under Bush was also the former chairman of Goldman Sachs. When the housing market crashed AIG was on the hook for billions that it could not pay back to institutions like GS who bought credit default swaps through them. When they could not raise private investment to repay AIG's obligations which wouldve gone unnoticed by the public, Paulson got the government to give AIG bailout funds which was then funneled back to GS and other friends of Paulson who had watched their investments plummet to zero with AIG. They basically got their investments at book value so they did not have to disclose losses to their shareholders. This was all done at the expense of American taxpayers whose children's children will be paying back the money they stole. This is high treason. http://tinyurl.com/csm2yp This article reveals the scale of the embezzlement and how America is ruled by a shadow government of banking institutions that have no responsibility to anyone but themselves. Both sad and scary. The worst part is that the bonuses were meant to distract the public from the real pillaging. Goldman Sachs had billions with AIG. Hank Paulson, the former treasury secretary under Bush was also the former chairman of Goldman Sachs. When the housing market crashed AIG was on the hook for billions that it could not pay back to institutions like GS who bought credit default swaps through them. When they could not raise private investment to repay AIG’s obligations which wouldve gone unnoticed by the public, Paulson got the government to give AIG bailout funds which was then funneled back to GS and other friends of Paulson who had watched their investments plummet to zero with AIG. They basically got their investments at book value so they did not have to disclose losses to their shareholders. This was all done at the expense of American taxpayers whose children’s children will be paying back the money they stole. This is high treason.

http://tinyurl.com/csm2yp

This article reveals the scale of the embezzlement and how America is ruled by a shadow government of banking institutions that have no responsibility to anyone but themselves. Both sad and scary.

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