Archive for the ‘corruption’ Category

Chris Dodd: Lots of Smoke; Is There Fire?

March 25, 2009

Whenever we hear that an elected official has a house on the beach in Ireland we should be interested.  How about a loan from Countrywide?

Chris Dodd doesn’t smell right….


From the New York Post

Senate banking-committee Chairman Christopher Dodd who has received $280,000 in campaign contributions from AIG isn’t the only person in his family to benefit from a relationship with the embattled insurance behemoth.

His wife, Jackie Clegg Dodd, worked as an outside “director” for a Bermuda-based company affiliated with AIG, according to a report.

The Connecticut Democrat’s wife worked at IPC Holdings Ltd. for three years, beginning in 2001, according to a proxy statement obtained by Real Clear Politics.

She was paid $12,000 a year for her job, plus an extra $1,000 for every directors and committee meeting she attended, according to the Web site.

AIG was one of the original IPC shareholders but sold its 24 percent stake in 2006, two years after Mrs. Dodd stopped working there.

“To try to connect the AIG bonuses and my wife’s service on the board of this company, which ended five years ago, is nothing more than a cheap political attack,” Sen. Dodd said.

As chairman of the Senate’s influential Banking, Housing and Urban Affairs Committee, Sen. Dodd has been smack in the middle of the furor surrounding the $165 million in bonus payouts to AIG execs.

Read the rest:

Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn. ...
Dodd took more AIG money than anyone.  Obama was second. 


A former congressman who is taking aim at U.S. Sen. Chris Dodd told Bristol Republicans Friday that his opponent “used his office for personal gain.”

Rob Simmons, the likely GOP candidate in 2010 for the Senate seat held by Dodd, said that Connecticut’s senior senator has taken sweetheart deals from mortgage companies he regulates and failed to oversee the housing and financial markets that his banking committee has responsibility for keeping an eye on.

Dodd “flip-flopped” this week on the question of whether he approved a bill that allowed AIG executives to receive large bonuses after receiving billions in taxpayer aid, Simmons said, and ultimately said he merely took orders from the treasury secretary.

“Since when does the powerful chairman of the Senate banking and housing committee take secret orders from the administration to protect millions of dollars of bonuses for bailed out executives?” Simmons asked.

Read the rest:

Michelle Malkin:


Obama, Geithner Ties Go Way Back? People Are Talking….

March 17, 2009

Maybe we know now why Treasury Secretary Tim Geithner always looks like he has something to hide.

People are saying Turbo Tax Tim Geithner’s dad hired Barack Obama’s mother way back when…..

Even if this is not true, the Treasury Secretary didn’t fully pay his taxes before he was elevated to the top job in charge of the IRS and now we learn that he knew about the AIG bonuses before Barack Obama told him to go arrest the evil doers — for taking bonuses.


 Obama: Fire Geithner

 Dodd Allowed AIG To Thrive in His State, Approved Bonuses: Now Throws Them Under The Bus
(Geithner knew about the AIG bonuses too…)

Sen. Sherrod Brown, D- Ohio, pauses in the elevator after arriving on Capitol


Peter F. Geithner is an advisor to the Asia Center at Harvard University and a consultant to the Asia Pacific Philanthropy Consortium, Rockefeller Foundation, Sasakawa Peace Foundation, and other organizations. He serves on the boards of the National Committee on United States-China Relations, the China Center for Economic Research (Peking University), the Center for the Advanced Study of India (University of Pennsylvania), Clemente (Holdings) Asia, Inc., and the Institute of Current World Affairs.

Mr. Geithner was with The Ford Foundation for 28 years, where he held program management positions mainly concerned with Asia. He was Director of Asia Programs from 1990 to 1996. Prior to assuming that position, he served for two and a half years as the Foundation’s first representative in Beijing, China. His earlier assignments with the Foundation included Program Officer in Charge, Developing Country Programs (New York), Representative for Southeast Asia (Bangkok), Deputy Head, Asia Pacific (New York), and Deputy Representative for India, Nepal, and Sri Lanka (New Delhi).

Prior to joining The Ford Foundation, Mr. Geithner served with the U.S. Agency for International Development in Zimbabwe, Zambia, and Washington, D.C. He was also Assistant to the President of a private international company, and served for four years as a Naval Aviator.

Mr. Geithner is a graduate of Dartmouth College (BA) and the Johns Hopkins University School of Advanced International Studies (MA). He is a member of Phi Beta Kappa, a recipient of the State Department Distinguished Service Award, and the Royal Thai Government Order of the White Elephant.

Obama Tells “Turbo Tax” Geithner To Get Back AIG Bonus Money; Dumb and Dumber

March 16, 2009

It had to happen.  Turbo Tax Geithner, who did break a few laws by not correctly figuring and paying his taxes, has been told by President Brack Obama to round up the usual suspects at AIG and get back those huge bonuses you’ve probably heard about.

The amount of “bonus” money, about $163 million, is less than 1/2 of 1% of the bailout AIG got….

And the bonuses are being paid as part of legally binding contracts.

Dodd, Geithner Allowed AIG Bonuses; Now Ringleaders With Obama to Get Them Back
Obama White House Issues “Lamest” Confidence Statement Ever for Geithner

AIG Bonus Flap: Lawsuit to Get Back $165 M Could Cost $300 M or More

So now the President of the United States is voiding those contracts and telling his Treasury Secretary to make it so?

I don’t think so.

Once the government of the United States started to get involved in running big business it jumed on to the slippery slope with a gusto.

When my wife, who lived through the communist takeover in Vietnam, heard President Obama say the U.S. taxpayers should ignore legal contracts and not pay the AIG bonuses, she flew into a rage and said, “This is how it starts.  This is how the state sweeps away everything involved in legal free enterprise.”

GO OBAMA!  But where to?

This isn’t America anymore.  This is communism, socialism or dumb and dumber.
Noting that AIG has “received substantial sums” of federal aid from the federal government, Obama said he has asked Treasury Secretary Timothy Geithner “to use that leverage and pursue every legal avenue to block these bonuses and make the American taxpayers whole.”

Said Obama: “All across the country, there are people who work hard and meet their responsibilities every day, without the benefit of government bailouts or multimillion-dollar bonuses. And all they ask is that everyone, from Main Street to Wall Street to Washington, play by the same rules.”

“This isn’t just a matter of dollars and cents,” he added. “It’s about our fundamental values.”

Well, it might be about our fundamental values but it is also about fundamental laws: and there will have to be plenty of proof that laws were broken.

Throwing money around is a problem for the federal government….

The guys that should have thier pay withheld are Barney Frank and Christopher Dodd, the Congressional oversight,  and a whole slew of federal oversight guys that got completely outsmarted by the Wall Street crowd, Bernie Madoff and others.  If Bernie’s sons hadn’t turned him in he might have fled to Aruba or somewhere because the feds would never have untagled the mess — and they might not still now that he’s not compelled to talk.

If Barack wants so much to safeguard our dollars in the Treasury he should never have made Geitner Treasury Secretary, he should never have allowed Pelosi to write the stimulus, and he should take away her air fleet and get the healthcare bill planning off her desk until we get the economy back in order.

And nobody in the federal government has the smarts to run big company like AIG.  It is just loonacy to think so.

If the government was so smart they should not have bailed out AIG without knowing they had a legal obligation to pay those bonuses as an “account payable.”

I know the left will blame all this on George Bush.  This is not about where we caught the disease: this is about finding the cure and fast before we are ruined.

Our Federal spending of $1 billion every hour in Obama’s first 50 days is the biggest corruption ever put upon the American taxpayer by far….dwarfing the wrangdoing even of the best elected crooks like Charlie Rangel (or is it Wrangel?) Maxine Waters and others (who are mostly small time boobs)….

Last I checked, the Congress passed the TARP and AIG wound up with something like $170 billion for itself and the others that bought their bad deals.  If the Congress throws money around they sure as hell have to take strong regulatory action….You make sure bonuses are not paid up front, not after they are paid…or you just let the company like AIG fail…

Accountability sucks.  But since many of our elected officials have no clue about true accountability; they could never see a company like AIG for the mess that it became….so we bailed them out.  They were too big to fail.

Psst: Barack.  Spend more time with the U.S. military where there is accountability and nobody is too big to fail. Barney Frank wouldn’t last 24 hours living by those rules…..So how can he be Mister Oversight?

And who among Barack Obama, Barney Frank, Chris Dodd and Geithner have ever been involved in a big mega-business like AIG?  The community organizer?  These guys don’t have the stones for this….Or the brains….They should have never given away billions.  Now they have to try to get it back.  This is a national disgrace.  No wonder China is worried…..

If every American voter hasn’t realized it by now here’s a clue: The Chinese, Russians, Taliban and others have taken their measure of Barack Obama already.  You should too.

International relations is tied directly to how the American government performs at home. Others measure the U.S. president: that’s why our embassy in Tehran was overrun in the Carter Administration.

Welcome Back Carter…..

Obama: Fire Geithner

Obama Wasnts Some Bailout Dough Back From AIG?

Thowing Money Around Isn’t Always the Cure

Gotta get to the root of the problem….

China’s Economic Might, Arrogance Should Cause Caution in the West

Sen. Sherrod Brown, D- Ohio, pauses in the elevator after arriving on Capitol
Geithner.  This dillweed is going up against AIG?  Obama, Barney Frank, Chris Dodd and Geithner don’t have the stones for this….Or the brains….

You want to figure out a mess like this you don’t hire Geithner….


Above: Not Geithner.  Photo: AP

Why Taxpayers Should Pay the AIG Bonuses; Obama is Dead Wrong On This

Dumb and Dumber

Culture of Corruption: Many Americans Losing Trust in Government?

March 13, 2009

“Go, Mazine (sic) and Nancy. Who listens to professional character assassins such as Malkin? Isn’t Malkin a modern deriviative of Maulkin, one of Macbeth’s witch’s evil associates? Seems like something evil reeks everytime I click on one of these weird missives.”

That according to John Welsh, one of my readers.

We seem to have becme a nation that says its OK to respond to truth with personal attacks and character assassination.

We are too quick to holler racism when the news is color-blind and Barack promised a post-racial world.

We have come to accept lies, corruption and those that break the law.  If you do evil: come back in a few weeks and we’ll forgive.

Bernie Madoff might be the exception….


Do you think Nancy Pelosi will investigate her California pal Maxine Waters for conflict of interest?  There is still an ethics panel in the House, isn’t there?


When Rep. Barney Frank was looking to aid a Boston-based lender last fall, the Massachusetts Democrat urged Maxine Waters, a colleague on the House Financial Services Committee, to “stay out of it,” he says.

The reason: Ms. Waters, a longtime congresswoman from California, had close ties to the minority-owned institution, OneUnited Bank.

Ms. Waters and her husband have both held financial stakes in the bank. Until recently, her husband was a director. At the same time, Ms. Waters has publicly boosted OneUnited’s executives and criticized its government regulators during congressional hearings. Last fall, she helped secure the bank a meeting with Treasury officials.

Read the rest from the Wall Street Journal:

[Rep. Maxine Waters] Getty Images

Rep. Maxine Waters, center, with Earvin “Magic” Johnson, left, and Ms. Waters’s husband, Sidney Williams, at the 2009 BET Honors Reception in Washington, D.C.


Here’s another case of splitting the truth….

Candidate For Detroit Mayor a Little Slick With The Truth

Detroit mayoral candidate Dave Bing’s education credentials have come into question, with Syracuse University saying he received his bachelor’s almost three decades after Bing claims he did and an acknowledgment from the candidate’s spokesman that his assertion of having a master’s degree is false.

The Detroit Free Press reported Wednesday that Bing has embellished his Syracuse credentials in biographical material. The claim of having a master’s degree in business administration is made on a video directed at pro players preparing for life after basketball.

Syracuse spokesman Kevin Morrow told the newspaper that Bing, who went on to a basketball Hall of Fame career with the Detroit Pistons, wasn’t awarded an undergraduate degree in economics until 1995, after he completed additional courses. Bing has claimed repeatedly he completed college in 1966.

Bing spokesman Cliff Russell told the newspaper the discrepancies are the result of misunderstandings……

Read the rest:

Detroit mayoral candidate Dave Bing speaks to suporters at a primary election
AP – Detroit mayoral candidate Dave Bing speaks to suporters at a primary election night rally in Detroit

Republicans: If You Can’t Agree On Core Values Now, Commit Harakiri

 Obama’s Hope, Post-Partisan, Post-Racial Promises Were All BS
Obama’s mythical mystique of government and science and their inherent moral benevolence

 Obama’s Schools Will Have To Follow Federal Rules, Like Socialist, Communist Schools

Since Obama’s Election; Guns, Ammo Running Out in Stores

Incoming White House Chief of Staff Rahm Emanuel gestures prior ... 
He wanted to run the census and now will oversee the writing of a measure to federalize schools. You still trust your government, right? Incoming White House Chief of Staff Rahm Emanuel gestures prior to the inauguration ceremony of Barack Obama as the 44th President of the United States, in Washington, January 20, 2009.(Jim Young – UNITED STATES/Reuters)

China hammers dissent despite looming UN review

February 6, 2009
Days before China‘s human rights record comes under scrutiny before a key U.N. panel, the government’s grip on dissent seems as firm as ever.

By AUDRA ANG, Associated Press Writer

A petitioner holds a paper with a Chinese character 'Injustice' ... 
A petitioner holds a paper with a Chinese character ‘Injustice’ as she with a group of about 30 people from around the country stage a protest in front of the State Council Information Office in Beijing Friday, Feb. 6, 2009. Police have taken away at least eight citizens trying to air their grievances in front a government building, days ahead of a key review of China’s human rights record by the United Nations.(AP Photo/Audra Ang)

Government critics have been rounded up and some imprisoned on vaguely defined state security charges. Corruption whistle blowers have been bundled away, while discussion of sensitive political and social topics on the Internet remains tightly policed.


On Friday, officers stationed outside a government building in Beijing took away at least eight people — members of a loosely organized group of 30 who had traveled to Beijing from around the country, seeking redress for a variety of problems, almost all centered around local corruption.

One member of the group, Li Fengxian, a gray-haired woman from the central province of Henan, held up a sign with the character for “injustice” painted on it.

Li, 65, said she has spent years fighting officials in her village who she claimed give away a poverty allowance allotted to her family to other officials.

The police response underscores the government’s determination to keep control over a fast-changing society — even in the face of a U.N. meeting to examine China’s human rights record.

Read the rest:


Senators question Daschle’s late tax filing

February 1, 2009

Republican and Democratic senators on Sunday questioned how former Sen. Tom Daschle could make a $128,203 mistake on his taxes but said they were not prepared to oppose his nomination as health secretary.

“You have to be troubled by it,” said Sen. Jon Kyl of Arizona, the No. 2 Republican in the Senate.

“We’ll have to question former Sen. Daschle and understand his explanation, and then have a conversation about it and see where it goes,” Kyl said on “Fox News Sunday.” As to how much trouble the tax issue could present for the nomination, he said, “I think it’s too early to tell.”

By DOUGLASS K. DANIEL, Associated Press

Angry Republican senators, including Jon Kyl of Arizona, seen ... 
Angry Republican senators, including Jon Kyl of Arizona, seen here in a 2008 Fox News Sunday(FNS) handout, vowed Thursday to put up a fight against President Barack Obama’s economic stimulus bill after the package passed the House of Representatives with no opposition support.(AFP/FNS-HO/File)

Daschle recently filed amended tax returns to report $128,203 in back taxes and $11,964 in interest. The amended returns reflect additional income for consulting work, the use of a car service and reduced deductions for charitable contributions.

The South Dakota Democrat, once the majority leader of the Senate, was scheduled to meet privately Monday with the Senate Finance Committee.

Senate Republican leader Mitch McConnell of Kentucky said he was surprised that Daschle had not paid his taxes properly but would not say whether he thought the nomination was in trouble. He said the committee will make a recommendation to the full Senate. “I think I’m going to just wait until they give me their opinion,” he told CBS’ “Face the Nation.”

Sen. Jim DeMint, R-S.C., said the problem could disqualify Daschle but that he wanted to learn more about the matter.

“It’s disheartening, obviously. People are struggling to pay taxes on a very small amount of income and he’s got this huge amount,” DeMint said on ABC’s “This Week.”

Sen. Susan Collins, a Maine Republican, also said the tax problem was a concern and needed more explaining, telling CNN’s “State of the Union” that it involved “an awful lot of money” but that she had not decided to vote against confirmation.

On the Democratic side, Sen. Ben Nelson of Nebraska called it “a tough issue” and said he was waiting to hear the results of the meeting between Daschle and the Finance Committee.

“I’m not prepared at this point in time to vote no,” Nelson told CNN.

The Senate‘s No. 2 Democrat, Dick Durbin of Illinois, defended Daschle but said skepticism, even cynicism, about Daschle not paying his taxes was understandable.

“But if you know Tom Daschle, you know better,” Durbin said on Fox. “He’s found himself having made a mistake and admitted to it. He took the steps necessary to start paying the taxes, make sure they’re paid. Now, that’s the right thing to do. I believe Tom Daschle’s one of the most honest people I’ve ever known or worked with in public life.”

Daschle, chosen by President Obama to lead the administration’s health initiatives, is the second Cabinet nominee to scramble to pay back taxes. Timothy Geithner’s confirmation as treasury secretary was delayed after it was revealed that he had failed to pay more than $34,000 in taxes.

Obama’s first choice for commerce secretary, New Mexico Gov. Bill Richardson, took his name out of consideration when his confirmation appeared headed toward complications because of a grand jury investigation over how state contracts were issued to political donors.

“President Obama wanted to have a very ethical administration starting out and so on, but I think he’s seeing how hard it is to avoid these kind of problems,” Kyl said. “And I just wonder, if President Bush had nominated these people, what folks would be saying about that.”


Later on Sunday on “Meet the Press” (NBC) Senator Kay Bailey Hutchison (R-TX) also said she had concerns about Mr. Daschle, even though she said, “I like him personally.”

Meet the Press transcript:

 If Bush Had Nominated Daschle, Would He Have Been Confirmed?

If Bush Had Nominated Daschle, Would He Have Been Confirmed?

February 1, 2009

Senator Jon Kyle (R-AZ) asked on the Chris Wallace Sunday morning news show, “If Former Senator Tom Daschle had been nominated by President George W. Bush, would he have been confirmed?”

Mr. Daschle apparently failed to pay his full income taxes.

Kyle associated Daschle with Treasury Secretary Tim Geithner, who also had a failure to pay due taxes problem, Commerce Secretary nominee Bill Richardson, who withdrew his name while his state was under a grand jury investigation, and Mr. Bill Lynn, the nominee for Deputy Secretary of Defense, who was a lobbyist.

Daschle’s troubles are of concern because President Obama promised that he would uphold the highest standard of ethics and he would bar lobbyists from his administration.

William Krisol also said on the Fox news broadcast, “Daschle is a ‘limousine liberal’ that doesn’t even pay his taxes.”

Daschle also accepted more than $200,000 from health care groups for speeches; a possible conflict of interest.

Daschle Knew of Tax Issues Last June, Raising Questions on Obama Vetting Process, Ethics

The president’s pick for health secretary, Tom Daschle, failed to pay $128,000 in taxes. Photo: Brendan Smialowski for The New York Times

Daschle Knew of Tax Issues Last June, Raising Questions on Obama Vetting Process, Ethics

February 1, 2009

In most administration, Tom Daschle would have been politely asked to withdraw his name from consideration as a cabinet secretary by now.

He is caught in a web of lies and deciet and money and taxes.  But the current Treasury Secretary Tim Geithner emerged from that same kind of morass, one of his own making but not as blatant or large as Daschle’s, because he was just too an important a man in these tough global economic times.

Talent trumps ethics in this White House.

The president’s pick for health secretary, Tom Daschle, failed to pay $128,000 in taxes. Photo: Brendan Smialowski for The New York Times

The New York Times reported today that President Obama’s choice for health secretary, Tom Daschle, was aware as early as last June that he might have to pay back taxes for the use of a car and driver provided by a private equity firm, but did not inform the Obama transition team until weeks after Mr. Obama named him to the health secretary’s post, senior administration officials said Saturday.

As Senate Democrats rushed to save the nomination of Mr. Daschle, their former leader, the White House spent the day trying to explain how he survived its vetting process despite his failure to pay $128,000 in taxes.

Now we have two scandels or maybe more.

How did Daschle get past the rigorous Team Obama vetting process?

Why has Daschle been allowed to continue as HHS Secretary wannabe?

And what about Mr. Geithner?

Robert Gibbs, the Obama press spokesman said, “The president believes that nobody is perfect.”

Is this the too hard for Turbotax White House?

Apparently not in this administration because the vetting process cannot find the most obvious, egregious forms of law breaking.

And that raises the issue of Bill Richardson, the preisent’s first nominee for Commerce Secretary.  He pulled his name out even though he has not been charged with any crime…

 Geithner, Daschle Remind Us, Taxes Too Hard for Democrats; How Can They Create a Workable Stimulus?

New York Times:

 Obama’s HHS Secretary Nominee Daschle Faces Tax Questions

Michelle Malkin:

 Bill Richardson Exits Obama Cabinet Under The Cloud of Possible Corruption

New Mexico Governor Bill Richardson is seen at the University ...
Bill Richardson pulled his name from consideration as Obama’s Commerce Secretary and may stand as the most ethical of the Obama nominees.  Unless the grand jury says otherwise….

Mexico: Top Cops Bribed By Drug Cartel

January 24, 2009

President Felipe Calderon’s war on drug trafficking has led to his own doorstep, with the arrest of a dozen high-ranking officials with alleged ties to Mexico‘s most powerful drug gang, the Sinaloa Cartel.

The U.S. praises Calderon for rooting out corruption at the top. But critics say the arrests reveal nothing more than a timeworn government tactic of protecting one cartel and cracking down on others.

By MARK STEVENSON, Associated Press Writer

Operation Clean House comes just as the U.S. is giving Mexico its first installment of $400 million in equipment and technology to fight drugs. Most will go to a beefed-up federal police agency run by the same people whose top aides have been arrested as alleged Sinaloa spies.

“If there is anything worse than a corrupt and ill-equipped cop, it is a corrupt and well-equipped cop,” said criminal justice expert Jorge Chabat, who studies the drug trade.

U.S. drug enforcement agents say they have no qualms about sending support to Mexico.

“We’ve been working with the Mexican government for decades at the DEA,” said Garrison Courtney, spokesman for the Drug Enforcement Administration. “Obviously, we ensure that the individuals we work with are vetted.”

Read the rest:

Mexico: Obama Can’t Ignore Elephant on the Continent
 Drugs, Crime Make Mexico “Under Sustained Assault”
Mexico: “under sustained assault”; Could “collapse” — U.S. Military
 Obama Picks New World “Winners” and “Losers”

Obama Stresses Transparency, Ethical Conduct to New Administration

January 21, 2009

Promising “a new era of openness in our country,” President Barack Obama signed executive orders Wednesday relating to ethics guidelines for staff members of his administration.

From CNN:


Many will see the new president’s action on ethics as a repudiation or at least a slap at the Bush Cheney years.  But White House experts tell us most recent new Chief Executives have had statements and policy guidlines similar to those unveiled by Obama today.

But that doesn’t always stop wrongdoing or shady conduct….

“Transparency and the rule of law will be the touchstones of this presidency,” Obama said.

Among other things, Obama said he would issue a pay freeze for his senior staff.

We certainly applaud the pay freeze and hope this emphasis on ethics yields clean government across the board.

Read the rest:
Obama, Biden: Fight Scandal, Corruption, Bad Government Please….

 Democratic Scandals Boring, Less Sexual, But Genuine

Carville’s 2009 Predictions: Stand By For More Democrat Scandals