Throw (virtual) tomatoes at AIG!

Finance, Taxes No Comments

Move on has a interesting way of showing the distaste of the current issues with AIG.

No need to get rough, get virtually rough!

But in all seriousness, the 165 million is absurd.

There are levels of Tomato throwing…as through more you learn more about AIG and what happened with all that dough.

Doh!  We need to have more strings when lending money. Can’t we just use the same contracts they make Joe-the-Plummer fill out when he is trying to get his first unsecured credit card.  This is Credit we are talking about.

Here’s the Moveon letter for you read for your selves:

Dear MoveOn member,

Y’know, the AIG million-dollar bonuses being paid out with our taxpayer
money got me mad enough to, well, throw something.

So MoveOn member Kris Khoury helped us whip up a game that does just that!
It’s called “The Great AIG Tomato Toss,” and it’s oddly addictive. We
should stop throwing money at the people who ruined our economy–and start
throwing (virtual) tomatoes. Play it here:

http://moveon.org/tomato/

It’s a fun game, but it’s got a serious purpose: to get the outrageous AIG
bonus money back. When you play the game, you can also sign our petition
to demand the return of the bonus money. The more people who play the
game, the more signatures we’ll be able to deliver to congress. 300,000 of
us have signed already, and we’re shooting for 400,000.

So check out the game, pass it on, and then sign the petition if you
haven’t already. Together, we’re going to get some justice from the people
who played a role in creating this whole financial crisis in the first
place–even if it that call for justice starts with a single, juicy,
digital tomato.

Thanks for all you do.

–Daniel, Marika, Patrick S., Peter and the rest of the team

Paulson’s $140 Billion Surprise

Finance, Obama's Staff, U.S. Law and Policy No Comments

During the frenzied events of the fall, Henry Paulson rewrote a piece of the tax code to expedite mergers. The quiet alteration amounts to an estimated $140 billion windfall for big banks. Some critics say Paulson’s move was too autocratic, others argue that it was much more than that-that it was downright illegal. Will Tim Geithner and the Democrats attempt to correct the wrong?

Comments from Registered Members

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georgeb.martin 2009-01-24

What a surprise! Who would have thought it. And, the Dems are not going to do anything, what a shocker that is. Chuck Shumer, who has taken millions from the banks and financial institutions is pictured here and he was part of the bailout that His Holiness Obama was pushing. So, maybe corruption and greed are not just Repubocrat problems, the Demoplicans are addicted too. Wow!!!

The Real News

Circuit City files for bankruptcy

Finance No Comments

NEW YORK - Circuit City Stores Inc., the
nation’s second-biggest electronics retailer, filed for bankruptcy
protection on Monday but plans to stay open for business as the busy
holiday shopping season approaches.

It
filed under Chapter 11 of the bankruptcy code, which will allow it to
hold off creditors and continue operations while it develops a
reorganization plan.

The
Richmond, Va.-based company has been struggling as nervous consumers
spend less and credit has become tighter, and the retail industry
overall is facing what’s expected to be the weakest holiday season in
decades….

Read Rest

Obama Online and Fundraising

Finance, Obama No Comments

Senator Barack Obama retained BSD to manage the online fundraising, constituency-building, issue advocacy, and peer-to-peer online networking aspects of his 2008 Presidential primary campaign. To date, the campaign has used the BSD Online Tools to mobilize well over a million donors to contribute over $300 million online, to motivate over 850,000 social networking participants, and to create and promote more than 50,000 events across the country.

Here is the Rest

Trying to find the Humor in the Global Finacial Crisis

Finance, U.S. Law and Policy No Comments

In case you haven’t watched the news for the last few weeks, or
talked to anyone, the US is undergoing something of a financial
meltdown. What are some of the increasingly desperate and creative ways
businesses will try to stay afloat during the crisis? Especially if
things get much, much worse?

We asked you to photoshop the answer to that question, and offered $50
to the winner so they could buy food. That winning entry is below, but
first, the runners-up: 

View Them Here

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