The Piglets are beginning to squeal over A I G
Oops- big double oops. Senator Dodd the outspoken Congressman against the bonuses for AIG --now states after being grilled on CNN that he did not KNOW that the bonuses were in the stimulus (Recovery) act that he signed!!
He was "completely unaware of the bonuses until last week" --come on--we the people have known about this for months! This statement is the hallmark of "lying Washington D.C. style"
UPDATE: Dodd put out the following statement this evening:
"I'm the one who has led the fight against excessive executive compensation, often over the objections of many. I did not want to make any changes to my original Senate-passed amendment but I did so at the request of Administration officials, who gave us no indication that this was in any way related to AIG. Let me be clear " I was completely unaware of these AIG bonuses until I learned of them last week.
" Reports that I changed my position on this issue are simply untrue. I answered a question by CNN last night regarding whether or not a specific date was aimed at protecting AIG. When I saw that my comments had been misconstrued, I felt it was important to set the record straight " that this had nothing to do with AIG.
"Fortunately, we wrote this amendment in a way that allows the Treasury Department to go back and review these bonus contracts and seek to recover the money for taxpayers. Again, I have led the fight to curb excessive executive compensation, and will continue to do so."
No--I think he got caught and he never imagined the backlash across the country..why am I having deja vu--from the Nixon years? I was in my 20's -I remember Watergate very well--especially the lies from Nixon himself, and they were very similar in form.
He was "completely unaware of the bonuses until last week" --come on--we the people have known about this for months! This statement is the hallmark of "lying Washington D.C. style"
UPDATE: Dodd put out the following statement this evening:
"I'm the one who has led the fight against excessive executive compensation, often over the objections of many. I did not want to make any changes to my original Senate-passed amendment but I did so at the request of Administration officials, who gave us no indication that this was in any way related to AIG. Let me be clear " I was completely unaware of these AIG bonuses until I learned of them last week.
" Reports that I changed my position on this issue are simply untrue. I answered a question by CNN last night regarding whether or not a specific date was aimed at protecting AIG. When I saw that my comments had been misconstrued, I felt it was important to set the record straight " that this had nothing to do with AIG.
"Fortunately, we wrote this amendment in a way that allows the Treasury Department to go back and review these bonus contracts and seek to recover the money for taxpayers. Again, I have led the fight to curb excessive executive compensation, and will continue to do so."
No--I think he got caught and he never imagined the backlash across the country..why am I having deja vu--from the Nixon years? I was in my 20's -I remember Watergate very well--especially the lies from Nixon himself, and they were very similar in form.
