<![CDATA[Jezebel: aig]]> http://tags.gawker.com/assets/base/img/thumbs140x140/jezebel.com.png <![CDATA[Jezebel: aig]]> http://jezebel.com/tag/aig http://jezebel.com/tag/aig <![CDATA[Scapegoating While Wall Street Burns Is Better Than Fiddling]]>

  • Everyone's still wondering who is to blame for nobody knowing everyone at AIG was about to get big fat bonus retention payments this week. Today's culprit? The Fed, which Geithner once ran. [Washington Post]
  • Current AIG CEO Ed Liddy thinks it's mean that Senator Chuck Grassley wants him to off himself. [Politico]
  • Oh, hey, more retention payments during the biggest recession in decades and increasing unemployment! This time, they're going to Fannie Mae, which had to be taken over by the government too. [Washington Post]
  • Republicans don't want to pass legislation to tax AIG's bonuses because they're Republicans, only they do because Americans like the idea, only they don't because they want to have more time to embarrass the Democrats. Stalling: your tax dollars at work. [Politico]
  • The Governor of Illinois, however, has no problem increasing taxes to pay for things. Remember, Rod Blagojevich was taking bribes to stop these kinds of shenanigans! [NY Times]
  • New York Governor David Paterson, however, isn't so keen to raise taxes on rich people, fearing they would all flee New York City. Where are they gonna go, Des Moines? Not bloody likely. [NY Times, NY Times]
  • Defense Secretary Robert Gates will put an end to stop-loss by 2011, just in time for the 2012 Presidential campaign. [NY Times]
  • Attorney General Eric Holder is going to stop raids on medical marijuana providers, so get your prescription ready. [NY Times]
  • California Congresswoman Ellen Tauscher confirmed that she's giving up her House seat for a hot seat at State with Hillary. [Washington Independent]
  • One of the assholes responsible for creating the clusterfuck that is the TSA really doesn't like being subjected to its clusterfuckery. [Washington Post]
  • And Colin Powell's former chief of staff thinks Cheney is Satan incarnate, too. Actually, not Satan, just a puppet of Osama bin Laden. [ThinkProgress]
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<![CDATA[Rachel Maddow Explains Why We Are All Screwed]]> Rachel Maddow appeared on David Letterman's show last night and, when asked to explain what exactly is fucked up about our economy, the housing crisis, and the AIG bonuses, did so in under 5 minutes.

That is, of course, much shorter than the time it took Barack Obama or Treasury Secretary Tim Geithner to explain why they knew about the bonuses and had hoped no one would notice but, now that we have, they're totally going to raise a huge stink about it before capitulating as they had previously done when they thought we weren't looking.

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<![CDATA[Amy Poehler & Seth Myers Wax Angry About AIG (Really!)]]> So the stock market is falling off a cliff and exploding and then getting peed on by deranged bears, and most people are reacting with fear and depression. But not Amy Poehler and Seth Myers! During last night's SNL Thursday special, they were discussing the government's bailout of AIG with a refreshing level of rage! In this segment of "Really!?!" Seth and Amy talk about the pricey retreat AIG staffers went on 6 days after receiving a $85 billion bailout. "That's like going ahead with grandma's birthday party after grandma died three days ago," Amy says. Clip above.

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<![CDATA[McCain Surrogate Carly "SNL Was Sexist" Fiorina Goes Out With A Bang]]> Oh, did you hear? Carly Fiorina has canceled all her remaining television appearances this week and will be taking a short media-oxygen-free nap due to some little things she said yesterday. Other people that should join her in her media-vacuum? Maureen Dowd, who Jason Linkins totally Rick-Rolled me with this morning, and our favorite elitist-against-elitism Clinton/McCain supporter Lynn Forester de Rothschild. All that, plus we find out that the U.S. Embassy in Yemen was bombed and we dismiss it almost as fast as real cable newspeople (but with our sad faces in place, just like them!) and a recommendation for Pennsylvania Senator Bob Casey.

MEGAN: Oh, hello there! How were your protests yesterday? We talked about spanking without you.

JASON: The protest was modestly-sized, but passionate. If you caught the story on Cavuto last night, I spoke to the same woman from the Mahoning Valley that he did, who was very nice in that she allowed me to ask her many silly questions, like if she was jealous of the attention John McCain gave the Georgians, and whether Cindy McCain, if she bought their tent city, would count each tent as a separate residence or if collectively, the tent city would be a single domicile.

MEGAN: Yeah, I don't normally watch Cavuto because I've normally got my head deep in my computer writing the news round-up for the end of the night, but she sounds nice!

JASON: She was very nice. So, okay, speaking of forays into the lives of working class women, we have Maureen Dowd this morning.

MEGAN: Oh, God, any segue that starts off that way normally makes me want to tear out my hair. What did she spew now?

JASON: Anna sent me a link to her column. And mind you, I usually consider someone forwarding me her columns as a type of assault. But this being Anna, I knew that it was important, dangerous work that needed to be done. So I'm reading it, and honestly? Through three paragraphs — which in Dowd-ese means "three hastily constructed sentence fragments" — she does okay. But then you get this:

"The Wall Street Journal reported that McCain was thinking about taking Palin to the U.N. General Assembly next week so she can shake hands with some heads of state. You can’t contract foreign policy experience like a rhinovirus. To paraphrase the sniffly Adelaide in “Guys and Dolls,” a poy-son could develop a cold war."

Fugue For Tinears! I mean, that's the op-ed version of being clouted with a ball peen hammer.

MEGAN: Honestly, if I wasn't wearing my glasses, I would have smacked myself upon reading that. Who says that? Who thinks that?!!

JASON: Maureen Dowd is JUST THE WORST. Murder your darlings, darling! The rhinovirus line was sufficient!

MEGAN: Well, speaking of the over-privileged...

JASON: Anyway, that fucking travesty was about Carly Fiorina. I sense that your taking it in that direction? Since we're on the subject of travesties?

MEGAN: No, actually, I wanted to talk about Lynn Forester de Rothschild, who Moe and I mocked last week for her horrendous editorial about elitism, and is now endorsing John McCain. Like, bitch went to the Democratic convention on the motherfucking platform committee, but she's endorsing John McCain this week. Because, as an elitist, she know elitism when she sees is and DESPITE WRITING THE DEMOCRATIC PARTY PLATFORM she's going to vote for John McCain because Obama wasn't nice enough to her.

JASON: What a relief! I had thought that we might end up with Dischord Records releasing a ROTHCHILDS AGAINST ELITISM compilation disc or something! Let's talk elitism. Here's the lede from Portfolio's profile on Lynn:

"When 67-year-old British banking scion Sir Evelyn Rothschild first set eyes on 44-year-old Lynn Forester at the 1998 Bilderberg conference—the matchmaker was none other than Henry Kissinger—she was already a woman of major means."

I mean, wow. Kissinger and the Bilderberg conference come up RIGHT OFF THE BAT. So, you know going in that this is the woman who will cure us of our elitism.

MEGAN: I guess she really, really, really knows elitism. That's about the most amusingly gagable description of a meet-cute since I didn't read the New York Times wedding announcements last weekend. Also, the woman helped write the Democratic party's fucking platform, but because she's got a personal distaste for the candidate elected to represent and implement that platform, she's going to publicly support, campaign for and vote for the guy who represents and plans to implement the polar opposite.

JASON: What I see as the problem is that this person was allowed within a million miles of the Democratic party platform. They should be glad she turned into a self-lancing boil.

MEGAN: I mean, what I want to know is: what sections did she work on? I mean, obviously not the ones on energy, the environment, reproductive freedom, marriage equity, equal pay, women in the military, taxes, health care... so, what's left? Is there a section on wealthy baronesses?

MEGAN: Um, WHOA, our embassy in Yemen just got bombed. MSNBC says 16 people are dead so far. But no Americans so far.

JASON: Ten Yemeni civilians, though.

MEGAN: Well, since when did suicide bombers care about their own people? They have a political point to make about... something.

JASON: True. Reports say that snipers opened fire on the first responders, too. Another terrorist act brought to you by the people we will not go and fight.

MEGAN: That is, notably, the second attack we've faced in Yemen, in case anyone's forgotten.

JASON: There was a mortar attack on the Embassy earlier this year, as well.

MEGAN: Well, let's play newscasters and make our sad/serious faces now and quickly changes the subject back to something "sexy". Like Carly Fiorina.

JASON: Yes. We'll get a thorough dose of grandstanding from Senators McCain and Obama later.

MEGAN: And then we can talk about it again! So, let's talk about Carly Fiorina and her ego. Is it just me spending too many hours with Republicans, or do you recall a lot of times hearing that we needed someone to run this country more like a business? Like, say, Mitt Romney.

JASON: One of the hallmark arguments the GOP has made, IN MY LIFETIME, was that the U.S. of A. COULD BE RUN LIKE A BUSINESS!!!

MEGAN: Just not, apparently, with McCain or Palin at the helm.

JASON: Really? Should Carly Fucking Fiorina be lecturing ANYONE on how to run a business?

MEGAN: Hey, I am happy to let her spout off again McCain and Palin. Let's not stop her, please? She knows a lot, from personal experiences, about the kind of people that shouldn't be CEOs.

JASON: Yesterday, Andrea Mitchell was basically taunting her about her own golden parachute, even as John McCain is vowing to end the practice. (And don't ask me how the federal government achieves THAT.) And she said that with her it was different!

MEGAN: Well, of course hers was different.

JASON: ...that her severance package was decided for her, put to a vote. And that constituted real reform! Two things on this.

One: Yes, Carly. I am sure that there was a vocal faction of Hewlett Packard decision makers who were like: "You know what? We need to consider not giving her all these millions of dollars. Because we need to send a clear message to shareholders that we hired an incompetent woman to run this company. THAT WILL WORK."

Two: The process Fiorina describes is commonplace! That's how these golden parachutes get strapped to these morons' backs. These disgraced CEOs aren't, you know, actually PLUNDERING THEIR COMPANIES COFFERS WITH A SCIMITAR CLENCHED IN THEIR TEETH.

MEGAN: Also, it's all super-clubby up in there.

JASON: Not that John McCain could stop that, either! He had an ad up, exclaiming ENOUGH IS ENOUGH! And then three hours later, the government bails out AIG.

MEGAN: Last night, I seriously turned off the computer and TV, took a short nap and went to dinner and by the time I got there, the entire bar was watching the news of the AIG bailout — and I don't even live in NY! And it's not like golden parachutes aren't "voted" on, but they're "voted" on in the same way that North Koreans "vote" for Kim Jong Il.

JASON: Right! Minus the exciting visual of those adorable goosestepping lady soldiers! AND THEY ARE ADORABLE! I want to SQUEEZE those crazy ladies! Who says intractable fascism can't have a Cute Overload aspect to it?

MEGAN: I never did understand why dictatorships continue to allow goosestepping to remain alive.

JASON: Could you imagine having, like, a three-inch tall brigade of North Korean lady soldiers skipping all around your apartment. I would be like, OMGZ THAT IS TEH CUTENESS.

MEGAN: I think they should be at least 10 inches.

JASON: Jeezy creezy! Is the Dow already down 209 points today??

MEGAN: I love, by the way, that the NYSE was opened today by "Emeritus Senior Living." Where John McCain would retire, if he didn't have the right to die, senile and crapping his pants, in office. Sidenote: Bob Casey is on MSNBC right now and, um, man needs to wax that unibrow.

JASON: You know, credit John McCain. He has, to my knowledge, never crapped his pants. Yesterday, Carly crapped hers twice on national teevee.

MEGAN: See, I prefer to think of that sort of appearance as vomiting up the bile from her soul.

JASON: You won't be seeing her on teevee for a while, either.

MEGAN: Well, my days will no doubt be burdened by that.

JASON: More time for Empress Nancy Pfotenhauer. And Tucker Bounds! And now the Lady de Rothschild!

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<![CDATA[It's The End Of The World As You Know It, But He Feels Fine]]>

  • In the wake of the Lehman Brothers bankruptcy filing and the Merrill Lynch buyout, the Dow dropped 504 points, or 4.4%. By the way, unless you've got more than $100,000 in one of them or money in the market you're going to need soon (or are reliant on Merrill, Lehman or AIG for your employment), you're probably going to be fine. [Washington Post]
  • Which John McCain knows is because the fundamentals of the market are strong. Unless you're talking about its regulatory oversight or structure, in which case he and Palin will totes fix that right away but that's not a market fundamental. [Washington Post]
  • By "fundamentals," by the way, he meant your ability to work long hours without overtime or extra pay. [Huffington Post]
  • If you buy McCain's rhetoric, by the way, Obama's got a bridge in Alaska he wants to sell you. [Daily Kos]
  • Now that everyone has stopped paying attention, John McCain admits that he trumped up the whole "Obama called Palin a pig" bullshit. That's some sneaky maverick shit there, telling the truth after everyone stops caring. [Huffington Post]
  • Carly Fiorina didn't like Tina Fey's impression of Sarah Palin, but she did wear a freaking leather blazer for her appearance. Do you trust a woman who wears a leather suit coat in 2008? [Huffington Post]
  • Nader predicted it! He predicted it all! Damn you, America for not believing him! There are no differences between Democrats and Republicans! The last 8 years have proved it except for, like, everything! Nader '08! [Politico]
  • Sarah Palin had, supposedly at her own expense, a tanning bed installed in the Alaskan governor's mansion. Anyone want to guess what she pays to get her hair done? [Usmagazine.com]
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