Dodd Blinks, Reverses Stance

Suddenly, Sen. Chris Dodd is the face of the AIG bonus flap.

He knew about the language which allowed for those bonuses, added into the original amendment because of administration fears of possible lawsuits.

Just yesterday, Dodd was saying that he didn’t know how the language got there. Now it appears that he did know.

So why didn’t he say? Why pretend that it simply appeared out of nowhere?

What frustrates me is that Dodd probably did the right thing. He swallowed his pride and added the language because the administration asked him to. They didn’t want to be exposed to the risk of an endless, expensive series of lawsuits over contracts which specified that the bonuses were to be paid. If Dodd hadn’t gone along, the amendment–which prevents future bonuses from being paid out, with the exemption of those already under contract–wouldn’t have gone through at all.

But Dodd got caught in the furious maelstrom of outrage and bitter frustration that ensued once the public figured out that they’d be footing the bill for bonuses for the same folks who had brought the economy down in the first place. And when he was asked if he had done it?

He shrugged his shoulders. “When I wrote the language there was no such language like that,” he said yesterday.

In short, he blinked. He panicked. He ducked. And now that the truth is out, he’s going to pay the price. The president says he’ll take responsibility, but it’s Dodd who is about to suffer.

Who at the Treasury department convinced Dodd to add the language? I’d like to know that. Did Tim Geithner push this change in the amendment? Did Obama?

It’s another setback in a month’s worth of setbacks for Sen. Dodd. Right now I imagine riding off into retirement is starting to look pretty good to him–and to his fellow Democrats.

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47 responses to “Dodd Blinks, Reverses Stance

  1. Leadership hurts. When the administration evidently came to Dodd with palms outstretched, he did what he thought was the mature, responsible thing. And now he’s gonna take all the heat. He shouldn’t have fudged the truth, but his actions speak louder than words.

  2. AndersonScooper

    The facts are hard to get at, and are almost inconsequential, politically speaking. (It’s not like Dodd will get his day in court.)

    What matters are the series of headlines where Dodd and AIG are lumped together, with the entire right-wing noise machine fanning the flames.

    And then the Left is set to protest AIG this weekend!

    It’s kind of amazing that Dodd thought he could give his numbers a boost by leading the charge to get back the AIG bonuses. All it has done is make him look hypocritical, particularly after all those campaign contribs.

    Dodd would have been s-o-o-o much better off if he had left the AIG battle to a lieutenant, and instead joined with Bernie Sanders in railing against usury and 25-30% credit card rates.

  3. Dodd would have been s-o-o-o much better off if ….

    About now he probably thinks he’d be better off if he had never been born.

    Did you ever see the end of Braveheart?

  4. From the CNN link:

    “For everybody in Washington who is busy scrambling trying to figure out how to blame somebody else, just go ahead and talk to me, because it’s my job to make sure that we fix these messes even if I don’t make them,” Obama said.

    While I’m furious over these bonuses and the BS that got dished out by Larry “we are a country of law” Summers (where does the Constitution mention bailouts? Oh wait… Barack “FISA-related bills of attainders are ok” Obama), the real issue is the bailout. And yes… it was initiated by Bush and crafted by Dodd… but Obama (and McCain) voted for it. Obama’s hands are far from clean over the bailout… and he’s planning another one for $250 billion more!

    I’m sick of the Dems in Washington, but most of the GOP has no credibility either. I’m so disgusted with the whole crew.

    If Murphy can chair the “open space” caucus, someone should start a populist caucus with Feingold, Sanders & Demint… along with Paul and Kucinich. I’m so tired of the Dodds and McConnells, the Lahoods and Murthas.

  5. I’m sick of the Dems in Washington, but most of the GOP has no credibility either. I’m so disgusted with the whole crew.

    I would welcome a redistricting to bring Courtney out my way. He is sitting pretty somewhere in Rhode Island watching the rest of our ‘representatives’ in Washington self-destruct.

  6. AndersonScooper

    Tim White–

    How do you think Blumenthal would fit into the picture?

    Would he stand with Feingold, Sanders, Franken, etc.?

    Or with Schumer, Corzine, Carper?

    Dick has a long history of taking on the corporations, and he’s popular enough that maybe, just maybe, he wouldn’t bed down with them once in D.C.

  7. Wolf Blitzer is still a jerk. Dodd got caught in the sausage making machine. Revoking the bonuses, which are a part of past contracts, is almost certainly unconstitutional. The grown-up lawyer in Dodd probably recognized this. So, he was being pulled in two different directions, first by his heart – not to mention a yearning for demagoguery his comrades on the left relish – and then by his head, a recipe for tearing yourself asunder. The US government owns 80% of AIG. Following its heart, the owners probably could fire the bonus receiving miscreants at AIG, but their heads says that doing so would be comparable to cutting off your nose to spite your face. The CEOs know where all the crap is and would be far more dangerous outside AIG than inside it. If the problem is that AIG is too big to fail, the problem is THAT AIG IS TOO BIG. It ought to be broken up into more manageable and less dangerous pieces. A bankruptcy judge could do that.

  8. Scoop… I don’t know… what comes to mind for me is Eliot Spitzer speaking about Cuomo… Spitzer said being AG is easy because Governors usually operate in a zero sum context… whereas AGs can often play the good guy.

    Beyond that, Dick hasn’t followed thru on the I-84 investigation… of which LeBeau (or Defronzo??) described the Maguire Group as being at “the Nexus of the debacle” (I don’t recall the exact quote, but that’s close). And he never did anything about the Maguire Group’s Chief Inspector, William Fritz… son of Mary.

    If Dick took action on I-84, I’d have a lot more respect for him. But when did that start to break? Fall of 2006? 2-3 yrs ago I think. What has Dick done? Kinda leaves me thinking he’d rather go along than get along.

    Beyond that… the MSM is talking more and more about another $250 billion bailout. And if my Congressman Chris Murphy votes in favor of another one… then since he’s no longer a freshman Congressman, I probably won’t give him a pass this time (I didn’t get real upset with him last fall because he was – not to be mean, but – a back bencher. While Dodd wasn’t.) So I may not be a good gauge of whether I like Dick or not… I’m just totally disgusted with this stuff.

    Seriously though… I don’t understand why it’s so difficult to stand up to these people… there are elected Senators and Representatives who do it. And for the most part, I think they represent “safe” seats. But Minnesota isn’t really far left… and Wellstone was no moderate.

    I don’t know about Blumie. I like Courtney (opposed the bailout), but I don’t think he’s got the fire in the belly for a primary.

    Also about Blumie… at this point, if he challenges Dodd to a primary, it’ll look to me more like he just sees an opportunity… not like Lamont who appeared to care for certain ideals of the Dem party.

  9. Kinda leaves me thinking he’d rather go along than get along.

    should’ve said go along and get along… rather than lead.

  10. Look Dodd, Wyden, and Snow where the only three Senator’s insisting on any form of Executive bonus limitations at all. They were met with resistance from the left, right, and obama administration. To suggest that Dodd is somehow responsible for AIG giving out bonuses is disingenuous at best and downright slander at worst. In order to save any limitations, a small change was made at the urging of Obama and Geithner, that probably seemed like an insignificant detail at the time. Both Treasury and Dodd said these negotiations happened at the staff level in the rush to get the thing out the door. I’m sure Dodd went on air tuesday night before the responsible banking committee staffer came forward, hence the confusion. Sounds like another instance of Dodd being screwed by poor staff work.

  11. But spencer, I thought things were going to be done differently in Washington with the Democrats in charge. Democrats have no one to blame for this mess. This one isn’t Bush’s fault.

    Now they are going to turn on each other, Dodd is throwing the Treasury under the bus, and Obama has the gall to be ‘angry’ about the bonuses when it was HIS administration that took steps to make sure it happened.

    This has to be bitterly disappointing to anyone who voted for the first time to ‘change’ Washington last November.

  12. Look Dodd, Wyden, and Snow where the only three Senator’s insisting on any form of Executive bonus limitations at all.
    *
    I’m sure Dodd went on air tuesday night before the responsible banking committee staffer came forward, hence the confusion.
    *
    Sounds like another instance of Dodd being screwed by poor staff work.

    Always nice to hear from you Mrs. Dodd

  13. Also about Blumie… at this point, if he challenges Dodd to a primary…

    The odds of hitting PowerBall are far greater than that.

    The AG has never been in a political street-fight and has no intention of getting into one either.

    It might mess up his hair or get his suit wrinkled and that’s simply unacceptable.

  14. I’m sure Dodd went on air tuesday night before the responsible banking committee staffer came forward, hence the confusion. Sounds like another instance of Dodd being screwed by poor staff work.

    Sounds more like another instance of Dodd trying to wiggle off the hook. His credibilty has tanked.

  15. AndersonScooper

    ACR–

    You’re dreaming if you think the CT GOP can take that Senate seat.

    I agree that Blumenthal won’t primary Dodd. However, come this fall, if Dodd is down in the polls to Simmons or Caligiuri, there will be a serious effort to draft Mr. 81%.

    If Simmons were to run against Blumenthal, statewide, how big do you think his loss would be? My guess is better than twenty points.

  16. If Simmons were to run against Blumenthal, statewide, how big do you think his loss would be? My guess is better than twenty points.

    Depends on who’s running the campaign.

    Just when has Blumenthal’s metal ever been tested?
    Sending him in will amount to a joke as Blumenthal would surely bring a knife to a gun-fight.

    Prior to this week, Dodd always showed a great talent for at least knowing when to duck.
    Is Connecticut ready for a bonafide limousine-liberal elitist in the Senate?

    Simmons left to his own devices with the addition of some of his former (and loyal to a fault) staffers would be more formidable than you assume.
    I know a few of his people and one or two clearly come from the planet Krypton

    Caligiuri, while unproven in a statewide race, is himself from the same planet.

    Our choice will be between a proven warrior, or a guy from Superman’s planet.

    Either way we’re taking the seat, regardless of the opponent.

  17. Either way we’re taking the seat, regardless of the opponent.

    Give me some of whatever you’re smoking. Dodd is not the source of the problem nor is he the target of America’s anger. After all, I’d bet my bank account that 80% of Americans don’t even know Dodd played any part in this. Their anger is aimed at Wall Street fat cats who live in an alternate universe where bonuses of millions of dollars are OK when the whole country is living paycheck to paycheck. What Dodd did on this will be a non issue because most people don’t even know how laws are written and Dodd’s easy out is simply saying “the president asked him to do it for the better of the nation” and he did it.

    This will blow over. Countrywide will not. This is just another desperate grab by the GOP to but the blame for this mess and corporate greed by pointing fingers at everyone but themselves.

  18. Let’s keep our eye on the ball here, and focus on what really happened: the Democrats insisted that the bailout and stimulus were absolutely necessary, right now, to keep the world from coming to an end (when the bills were entirely unnecessary, now or at any time), and forced them through Congress before anyone had the chance to actually read them.

    Honestly, is anyone surprised at what happened? When you put stupid, lazy people in charge, you get stupid, avoidable results.

    Dodd’s credibility is worthless, and the Obama Adminstration’s is hardly better. These two months have been like Amateur Hour at the White House. “Hope and Change,” all right.

    Look Dodd, Wyden, and Snow where the only three Senator’s insisting on any form of Executive bonus limitations at all. They were met with resistance from the left, right, and obama administration. To suggest that Dodd is somehow responsible for AIG giving out bonuses is disingenuous at best and downright slander at worst. In order to save any limitations, a small change was made at the urging of Obama and Geithner, that probably seemed like an insignificant detail at the time. Both Treasury and Dodd said these negotiations happened at the staff level in the rush to get the thing out the door. I’m sure Dodd went on air tuesday night before the responsible banking committee staffer came forward, hence the confusion. Sounds like another instance of Dodd being screwed by poor staff work.

  19. Jack Dobb –

    Sometimes I wonder if you really believe the stuff you write on here. We didn’t need the stimulus? Are you one of those wingers who believes the New Deal didn’t save America?

    In CT alone, the stimulus bill created or saved 41,000 jobs. 41,000. I’d like to see you and the rest of the fringe go tell those people that the stimulus bill was not worth it.

  20. Bruce Rubenstein

    ACR..my liberterian friend…Blumie was in a tough race….the initial contest for delegate support in the 1st AG run was hard fought right down to the wire…I know, I was there

  21. ACR..my liberterian friend…Blumie was in a tough race….the initial contest for delegate support in the 1st AG run was hard fought right down to the wire…I know, I was there

    So there’s one! …Almost twenty years ago, however.

  22. In CT alone, the stimulus bill created or saved 41,000 jobs. 41,000. I’d like to see you and the rest of the fringe go tell those people that the stimulus bill was not worth it.

    You throw that number around as if it has some connection with reality. The bill was signed about a month ago. They’ve barely started to spend the money, and a signifgant portion of the spending is slated for 2010 and beyond. So how have any jobs been “created or saved” when little has happened besides the signing ceremony?

    Even assuming 41,ooo jobs in CT have actually been saved, how on earth would we be able to tell (or measure that) so quickly? You certainly can’t tell from the 8+% unemployment in New London County, which is especially disconcerting given how often I used to hear people claim that the casinos were “recession-proof.”

  23. AndersonScooper

    When you’re at 83-8 Fav/UnFav among Independents, and in a Blue State, you could have Sean Smith run your campaign and you’d still beat ACR’s mythical superman.

    Dobb–

    Blame the Dems for thinking a stimulus package was necessary, but the bailouts need to be credited to your beloved ex-President, George W. Bush.

  24. ACR..my liberterian friend…Blumie was in a tough race….the initial contest for delegate support in the 1st AG run was hard fought right down to the wire…I know, I was there

    Dialing for Delegates is an internal political sport; while any race where the public at large gets to play too, tends to be more of a “full contact” endevor.

  25. Blame the Dems for thinking a stimulus package was necessary, but the bailouts need to be credited to your beloved ex-President, George W. Bush.

    You’re exactly right, to a very small extent. We shouldn’t have bailed out any of them. Post-2006, Bush lost his mojo and didn’t fight back against stupidity when he should have.

    This current mayhem falls squarely at the feet of Connecticut’s senior Senator, however, and as Obama says, the buck stops with him.

    In CT alone, the stimulus bill created or saved 41,000 jobs. 41,000. I’d like to see you and the rest of the fringe go tell those people that the stimulus bill was not worth it.

    Prove it.

  26. Are you one of those wingers who believes the New Deal didn’t save America?

    Of course, slaughtering over 6000 pigs and dumping the bodies so as to protect pork prices did wonders for the economy.

    Are you for real?

    Certainly some WPA projects created both needed employment and a legacy of infrastructure improvements many of which we continue to enjoy to this day.
    Unfortunately FDR didn’t focus all or even enough attention in that direction.

    Were we to be right now this very minute putting forth a massive effort into tide-wheel, wind, solar and yes *some* nuclear energy so we’d have surplus electricity generation within a couple of years freeing us from fossil fuel dependency we’d be creating both employment and wealth.
    A lot of it too.

    We’re not doing that.

    Nope – we’re blowing earmarked cash around like crazy instead, and with no national much-less strategic focus.

    We’re using a 20 ga. shotgun on a target that can only be hit with a high powered rifle.

    It’s stupid and we’ll regret it.

  27. Prove it.

    You cannot expect something designed to save the entire American economy to work as if it was implemented by a magic wand.

    It’s stupid and we’ll regret it.

    The stimulus might not work but doing something is better than nothing. That is, after all, the whole point of government: to do something. I know you libertarians would rather return to the Leviathan, but that’s just not real. Get with the times…big government is back.

  28. The stimulus might not work but doing something is better than nothing.

    Like fixing a flat when your transmission is shot?

  29. Like fixing a flat when your transmission is shot?

    No, like fixing your flat when you have a flat and then fixing your transmission, engine, and air conditioning…all of which your local body shop (aka the Obama administration) is doing as we speak when it comes to dealing with the housing, banking, and credit crisis’.

  30. primusinterpares

    The stimulus might not work but doing something is better than nothing. That is, after all, the whole point of government: to do something.

    Well since you’ve brought up the topic of philosophy, Hume was the one that said that there is absolutely no connection between “is” and “should”. When you say “doing something is better than doing nothing”. It’s only “better” if it solves the problem or serves its purpose.

    If it doesn’t work then it can’t be better than doing nothing which by definition would have the same effect. That is unless you see some other positive role for the stimulus, such as spending more money in one bill than George Bush did in 8 years and laying the foundation for government dependency and increased taxes for generations to come. That is the certain effect of the stimulus, unless you think that’s good in itself I think your logic is severely flawed.

  31. …fixing your transmission, engine, and air conditioning…all of which your local body shop

    You think body shops do transmission and under the hood work?

    I think we can all begin to see the problem now.
    You’re confused; too much Kool Aid no-doubt.

    Oh!
    There’s the doorbell, the plumber’s here to fix my television……..

  32. If it doesn’t work then it can’t be better than doing nothing which by definition would have the same effect. That is unless you see some other positive role for the stimulus, such as spending more money in one bill than George Bush did in 8 years and laying the foundation for government dependency and increased taxes for generations to come. That is the certain effect of the stimulus, unless you think that’s good in itself I think your logic is severely flawed.

    Actually, my friend, your logic is flawed. Government doing something is win/win: if they try to do something and fail, we are back to square one. If they try to do something and succeed, then the cost was worth it.

    Debt should not scare you nor should taxes. And to those who say the stimulus cost too much to do if it was not a sure thing, let me remind you that the national debt is $11 trillion. What is $787 billion compared to that? Nothing.

    Despite our debt we still have the #1 economy in the world, the #1 military, and are the sole superpower in the world. An additional $787 billion is not going to change any of that.

  33. Despite our debt we still have the #1 economy in the world, the #1 military, and are the sole superpower in the world. An additional $787 billion is not going to change any of that.

    A week ago the US Navy got in a scuffle with China. The next day the Chinese Premier said he was “a little worried” about US debt. Then the next day the POTUS said (paraphrasing) “don’t worry, don’t worry. We’ve got everything under control.”

    Last summer it was said China’s request for the Fannie / Freddie bailout was the straw that made it happen.

    A year ago, I may have agreed with you. But times are changing quickly… nothing like fiat money and printing presses to help expedite the transition of global power!

  34. A week ago the US Navy got in a scuffle with China. The next day the Chinese Premier said he was “a little worried” about US debt. Then the next day the POTUS said (paraphrasing) “don’t worry, don’t worry. We’ve got everything under control.”

    The US Navy is so much more powerful than any other Navy, and it’s going to be that way for decades. China spends a small fraction of what we do on their Navy. Even if they ramped up spending tomorrow, it takes years to build ships, train admirals and captains, and get the know-how necessary.

    Check out “The Next 100 Years”, a new book by George Friedman.

  35. Check out “The Next 100 Years”, a new book by George Friedman.

    Exactly. The US will still be dominating the world, debt or no debt. China can be “worried” about US debt all they want – there is nothing they can/would do about it.

  36. my point was that their military power is not the issue… they are waging financial warfare and winning…

    To stop the war from spreading… The United States backed this proposal by putting financial pressure on the British government, which then agreed to withdraw its troops.

    http://en.wikipedia.org/wiki/Suez_canal#Suez_Crisis

    Their money is much more powerful than their military.

  37. there is nothing they can/would do about it.

    Question: If true, then why did both HRC and Obama offer so many assurances that our debt will be put under control? And why did HRC decouple economic issues from human rights issues?

    Answer: They disagree with you that China will do nothing.

    I’m sure Mr. Friedman offers a compelling case… one which I’m not about to read. Instead, I offer my simple thought process – powerful people want more power.

    The likes of George Washington and Cincinnatus are few and far between… and you won’t find such people running China.

  38. Tim

    Obama and HRC are assuring China because they want to keep up a good relationship, not because they’re afraid of big bad China.

    China is a country based on exports. The US is the biggest consumer of those exports. The only thing China could do to hurt us would be to dump their dollar reserves on the world market and destroy the dollar which hurts them because A. we buy their goods, B. they would suffer HUGE loses. The leaders of China are too smart to let this happen because they know it would ruin their already sketchy economy. Their economic power is a paper tiger based on manipulated currency and the fact that their ownership of US debt makes them powerful. If they dumb the US dollar, they will lose the major source of their exports and unemployment will take because their whole damn economy relies on exporting goods.

  39. Obama and HRC are assuring China because they want to keep up a good relationship, not because they’re afraid of big bad China.

    we’re both reading their minds… and there’s no way for either of us to know their true / primary concerns.

    China is a country based on exports. The US is the biggest consumer of those exports. The only thing China could do to hurt us would be to dump their dollar reserves on the world market and destroy the dollar which hurts them because A. we buy their goods, B. they would suffer HUGE loses. The leaders of China are too smart to let this happen because they know it would ruin their already sketchy economy. Their economic power is a paper tiger based on manipulated currency and the fact that their ownership of US debt makes them powerful. If they dumb the US dollar, they will lose the major source of their exports and unemployment will take because their whole damn economy relies on exporting goods.

    This will change with time. I’m guessing that beginning this year, they allow their loans to mature… so there’s no dumping of securities… just a slowbleed that constantly reminds the POTUS that China matters.

    At this point, both governments have a vested interest in maintaining some sort of relationship. But I firmly believe their real goal is power (as is the same goal of many Beltway Insiders). And they will continue moving in that direction… with increasing speed.

  40. Tim your comment from post # 39:

    “my point was that their military power is not the issue… they are waging financial warfare and winning…”

    Tim, Excellent observation….. To which I would only add, and we are doing all we can to help assure that outcome. I really wonder after all this stimulus money is spent on propping up an economy that is so dependent on purchasing so much of all it consumes from China who exactly is the winner?

    What the hell good are all the ships, subs, planes, and smart bombs going to do us in a civilized world? China is out smarting us at our own game. Which these days is not all that hard to do.

  41. China is a country based on exports. …

    Pretty succinct summary of the status quo.

    100 years from now historians will credit Clinton for delivering on the promise of Kissinger’s policy of triangulation by supporting China’s entry into the WTO. It hasn’t gone terribly smoothly, of course, principally because we managed to screw up the subsequent leg of the project and elect a incompetent to the Office, whose ideological bent crippled the administrative build-out we needed.

    Anyhow, as uncomfortable as things have gotten, its a lot cheaper than war, to extend scanman’s analysis…

    China is our common-law spouse at this point. And as counter-intuitive as it seems at this point, that relationship will do more than any other single factor to cement our hegemonic role in the coming decades.

    Not that we can’t further screw it up, of course….

  42. I recall a comment from Chuck Schumer and the reason for his opposition / hesitation (don’t recall exactly) to globalization…

    He felt that the eventual result would be an equalizing force with an increased quality of life in China (and the currently developing world), BUT… what happens to the US in the next few decades?

    Generally speaking, America’s quality of life is declining… look at our energy bills. And China’s is improving (I’m truly happy for them). But I don’t see why our elected officials have to exacerbate the problem via deficit spending that increases China’s clout and sphere of influence.

    Not that I’m a fan of the US muscling the rest of the world. But our elected officials don’t have Tiananmen Square on their hands.

  43. Tim,

    “Generally speaking, America’s quality of life is declining… look at our energy bills. And China’s is improving (I’m truly happy for them). But I don’t see why our elected officials have to exacerbate the problem via deficit spending that increases China’s clout and sphere of influence.”

    Tim the problem is not simply the “incompetent” president we elected into office that Chris MC points to above, if only life were that simple, we would never again have a cloudy day. It’s the number of incompetents we still have in office. They do not have the courage to look past the next election to level with the American people.

    What made this country work was, well, work. I mean real honest productive work. Certainly it is very fashionable these days to bash Wall St etc. But while we do, let’s not lose sight of the circus act currently going on just this past week in Washington.

    This act reminds me of the story of Rome burning while Nero watched. Countless billions were given out apparently (it seems clear to me) just for the asking and now we see “outrage” in Congress etc when they learn they didn’t know about $165 million in “bonuses”……….Let’s hope they have some idea why they so quickly gave out the hundreds of billions. I gut tells me most if not all, have no idea. But mugging for the cameras like we saw this week may get these same incompetents re elected.

    IMO you are correct again when you say the quality of life in America is declining. IMO I believe that is so because the quality of the middle class work we have left here is declining as well.

    We continue to export more and more of our good jobs to China where there are over a billion people willing to do the work, so we can then import their products, after we first export our money. I am at a loss to understand how we can keep doing that and expect different results than what we are seeing.

    I again with pleasure point out Chris Dodd’s own campaign comments of 5 years ago now……”We should be exporting our products, not our jobs” I guess he was too busy the last few years running for President and with well, all the other “stuff” to do much about that. You must admit he is making pilling on very easy these days.

    So let’s all pretend throwing trillions at the problem so we can repeat this cycle somehow will change this……Sure, maybe at first that money will provide jobs first building roads here in America, that we may or may not have needed to be built in the first place but eventually that money will be spent on importing anything we buy for our homes from China…… This process simply can’t go on forever, but to the incompetents in Congress, forever is just an election away.

  44. These bailouts are unconstitutional but ‘players’ in both parties have whittled away the ‘commoners’ rights over the last two decades for Governments’ sake and for personal interest and profit.

    Obama’s campaign of HOPE for Americans and CHANGE in Government appears to be a political ‘smoke screeen’. Obama promised stringent Federal Oversight of these huge amounts of dollars being printed with collateral provided by China. Oversight after the fact promulgated by American citizens ‘outrage’ is unacceptable. The funds, that will affect taxpayers for generations to come, are nothing more than ‘maintenance’ funds for continued growth of Government for ‘more’ control of the Nations’ infrastructure in collaboration with State Governments. Governments require huge amounts of tax dollars to maintain themselves and are now in the ‘business’ of providing services that they cannot do as effeciently, effectively, and economically as private industry. Government growth and control promotes and protects corruption for profiteering by the unscrupulous who are politically connected.

    More and more attorneys have entered into Politics changing laws and making new laws that tax, fine and require its citizens to pay to attend State run/affiliated programs to fund government coffers and when we can’t pay, we go to jail.
    Judges are Attorneys politically appointed, approved and influenced by Government. State Legislators who are also Attorneys are allowed to practice law in State Courts giving them undue influence for Judicial favoritism in rulings and decisions. Most citizens do not have the funds to pursue the expensive and time consuming Appeals process for Civil/Tort Cases. Governments also have ‘immunity’ clauses and other loopholes in Laws protecting them from liability. As government continues to grow and take over private industry,
    stripping citizens of all rights, liberties and property (currently affecting only vulnerable citizens, particularly the elderly with assets) will carve into greater numbers of citizens for similar expoitation.

    Other countries are current testimony to tyranical governments; i.e., rebels, revolutionary, insurgents and terrorists groups. The Federal Government is spending large amounts of these newly printed dollars to build a National Security Datda Base that will also incorporate all information on every american citizens for what? Profiling and Stifling
    those who stand up against growing government control of our lives before grass roots organizations for REFORM peel off into rebels and revolutionaries?

    Children today are growing up in Public Schools under ‘no tolerance guidelines’ that have been infringing upon their human rights never mind civil rights: i.e., strip searches confiscating tylenol, epi pens, asthma medications; arrested for ‘farting’ in class (Florida teen); arrested for blogging ‘douche bag’ in reference to an Administrators’ blocking an organized dance; arrested for turniing a cell phone into a fake ‘taser’ (CT teen), etc.

    Whistleblowers are egregiously retaliated against for speaking out against Government waste, fraud, and corruption; physical injuries, blacklisting, false arrests/malicious prosecutions/unjust incarcerations,
    their kids unjustly taken away by Child Protection Agencies,
    poverty and homelessness, and even death by ‘accident/suicide’.

    America is not a FREE society for ‘targeted’ people and as Government grows, more ‘unconnected’ citizens will lose
    their rights, liberties and property. Every citizen who produces tax dollars for government will have the right to live and work for government; those that will no longer have the potential to produce will be warehoused in State run/affiliated facilities with no effective oversight and no rights over their own lives or health care decisions.

    New legislative bills have changed recently from ‘incompetent’ to ‘incompacitated’ (which we all are when we have the flu) have made it easier for the courts to strip all rights and assets of citizens; elderly, disabled with settlements and children with college funds/inheritances
    where ‘professionals’ can bill their fees against as if they were their personal income accounts. New laws have been changed to allow doctors ‘to diagnose ‘futile’ vs ‘terminal’ so the Universal Health Care Plan can save tax dollars by discontinuing treatment fortified by ‘incentives’ (kickbacks) to doctors for not ordering ‘expensive’ testing and treatments

    Does anyone really believe they will be afforded ‘quality’ care in a State Run Facility: Hospital, Long Term Care faciltiy, Rehab Faciltiy, etc. Those with money and influence can afford to pay for Private Health Care and/or expensive ‘supplemental’ healthcare insurance politicies. The majority will receive substandard care, limited treatments for chronic illness, and comfort measures(no treatment) for terminal illnesses.

    The Uniform Jurisdiction ACT streamlines State Jurisdiction Laws and International Jurisdiction laws making it impossible for the ‘targeted’ citizens from escaping from their state’s efforts to strip them of their rights, liberties and property for Governments’ growing need to fund its coffers.

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