AIG, FREDDIE, FANNIE, TAXES and SCANDAL

Outrage at executive bonuses seems to be the issue "de jour" for many elected officials, most of them Democrats. That's Ironic. Because it is many of these same Democrats who actively participated in the bonuses or tax dodging. Rahm Emanuel, Chris Dodd, Barney Frank, Timothy Geithner, Maxine Waters, Bill Richardson make quite a list of unsavory deeds and SCANDALS.
Rahm Emanuel, according to this "Chicago Tribune" article, (Rahm Emanuel's profitable stint at mortgage giant) "earned" at least $320,000 for a 14 month stint on the board of Freddie Mac, while doing little. As we shall see SCANDAL has been close to Rahm in the past.

He was named to the Freddie Mac board in February 2000 by Clinton, whom Emanuel had served as White House political director and vocal defender during the Whitewater and Monica Lewinsky scandals.

The board met no more than six times a year. Unlike most fellow directors, Emanuel was not assigned to any of the board's working committees, according to company proxy statements. Immediately upon joining the board, Emanuel and other new directors qualified for $380,000 in stock and options plus a $20,000 annual fee, records indicate.

In addition while serving on the Board, a MAJOR ACCOUNTING SCANDLE blackened Freddie's eye.

On Emanuel's watch, the board was told by executives of a plan to use accounting tricks to mislead shareholders about outsize profits the government-chartered firm was then reaping from risky investments. The goal was to push earnings onto the books in future years, ensuring that Freddie Mac would appear profitable on paper for years to come and helping maximize annual bonuses for company brass.

But that's not the only SCANDLE during Rahm's watch.

During his brief time on the board, the company hatched a plan to enhance its political muscle. That scheme, also reviewed by the board, led to a record $3.8 million fine from the Federal Election Commission for illegally using corporate resources to host fundraisers for politicians. Emanuel was the beneficiary of one of those parties after he left the board and ran in 2002 for a seat in Congress from the North Side of Chicago.

And now Rahm is Obama's Chief Of Staff. More profiles in ... to follow.

AIG USED OUR MONEY TO BUY POLITICAL FAVORS

In addition to Senator Chris Dodd (D-CT), Chair of the Senate Banking and Finance Committee, inserting the Dodd Amendment into the Bailout Bill which allowed AIG to pay out Millions of Dollar$ in Bonuses and contribute over $100,000 to Dodd's Political Campaign, it is now revelaed that President Obama received over $100,000 in political contributions from AIG.Obama Received a $101,332 Bonus from AIG

Senator Barack Obama received a $101,332 bonus from American International Group in the form of political contributions according to Opensecrets.org. The two biggest Congressional recipients of bonuses from the A.I.G. are - Senators Chris Dodd and Senator Barack Obama.

Caught with their hands in the Cookie Jar, They Are Now Embarassed?

WHO ENABLED THE MILLIONS OF AIG PAYOUTS?

Chris Dodd (D-CT) inserted the language into the bill which gave Billions of TAX PAYER Dollars (our money) to AIG. (Two Faced: Dodd Protected Bonuses, Now He Wants Them Out)

But it was Dodd who inserted language — known as the Dodd amendment — in the $787 billion stimulus bill that allowed all bonuses awarded before February 11, 2009, to be paid to AIG executives. That very amendment, which is now law, is now the chief hurdle to government officials who want to recover that money.

This is the same Senator Dodd who Chairs the Senate Banking and Finance Committee.

Dodd is the largest single recipient of 2008 campaign donations from AIG, with $103,100, according to the Center for Responsive Politics. That was more than presidential candidates Barack Obama and John McCain got, and nearly three times the $35,965 Sen. Hillary Clinton received.

Can you say CONFLICT OF INTEREST

PRESIDENT OBAMA'S DISTORTION OF FACTS

The controversy over stem cell research is being distorted by President Obama with the help of the main-stream media. This article, Obama opens up stem cell work, science inquiries, contains the following quote by President Obama.

"Our government has forced what I believe is a false choice between sound science and moral values,"

The authors are referring to President Obama's decision to allow FEDERAL FUNDS (our tax dollars) to be used for Embryonic Stem Cell Research. The problem is that the President and the Media make it appear that there was a BAN on Embryonic Stem Cell Research. This is a GROSS DISTORTION OF THE FACTS!!!

FACT: There has NEVER been a ban on Embryonic Stem Cell Research. The ban was on using FEDERAL MONEY (our Tax Dollars) to fund Embryonic Stem Cell Research. There was NEVER a total ban on FEDERAL MONEY (our Tax Dollars) as funding for Embryonic Stem Cell Research either. President Bush only baned the use of FEDERAL MONEY (our Tax Dollars) on NEW Embryonic Stem Cell Research. President Bush allowed FEDERAL MONEY (our Tax Dollars) as funding for the 21 Embryonic Stem Cell already underway when the ban was imposed.

FACT: The most promising research on Stem Cells involves Adult Stem Cells, NOT Embryonic Stem Cells. President Bush approved the use of FEDERAL MONEY (our Tax Dollars) as funding for Adult Stem Cell Research.

FACT: President Bush was the 1st President to allow ANY FEDERAL FUNDING (our Tax Dollars) for STEM CELL RESEARCH.

FACT: President Obama enabled by the sloppy, misleading reporting by the Main-Stream Media, distorts these facts to make it appear he has removed the ban which will allow "SCIENCE" to conquer all of the worst Medical Afflictions of today.

"It is about ensuring that scientific data is never distorted or concealed to serve a political agenda - and that we make scientific decisions based on facts, not ideology," Obama said.

FACTS, POLITICAL AGENDA AND DISTORTION ARE THE TRUTH IN THIS STORY. President Obama is not being HONEST about this issue, and he is being enabled by the Main-Stream Media.

Here is the full text of President Obama's remarks. (Obama's Remarks at Stem Cell Executive Order Signing) After you read these remarks, you CANNOT, in all honesty believe President Obama DID NOT DISTORT the FACTS???