Hypocrisy: Obama Boots GM CEO but AIG Board Member Named to Obama’s Task Force on Tax Reform … What About the Bank CEO’s?


Hypocrisy you can believe in … Wasn’t it just last week that Obama attacked AIG because of recklessness and greed.” Talk about hypocrisy from the Obama Administration … Obama condemns AIG and yesterday GM CEO Rick Wagoner resigns at the behest of Barack Obama, yet Martin Feldstein was one of the people named last week to President Obama’s new Task Force on Tax Reform is a member of the AIG board of directors.

 Barack Obama is so choked up with anger that “The One” saw fit to appoint an AIG board member to his Task Force on Tax Reform. Or would that be a Task Farce?

How is it that Obama selectively and subjectively tells Rick Wagoner to step down from GM yet none of the Banking CEO’s who have received billions upon billions of dollars have been made to do so? Will banking CEO’s go unnoticed or are they next? What about the Labor Union officials? Will Obama tell the leadership of the UAW that they must resign if they do not accept his terms?
The end result to this type of governmental interference is that the markets will act adversely to such dictatorial power. And on cue, from Blue Crab Boulevard, the Asian markets are down. The S&P stock futures dropped and European shares opened lower as well as eyes opened at how the automakers, especially GM was handled.

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  • Comments

    18 Responses to “Hypocrisy: Obama Boots GM CEO but AIG Board Member Named to Obama’s Task Force on Tax Reform … What About the Bank CEO’s?”

    1. dennisintn on March 30th, 2009 12:35 pm

      like a cancer patient on chemotherapy counting down the number of treatments he has left, we only have 3 yrs. and l0 months of this insanity left to endure.

      obama’s economic and business advisors must have been pulled from the same genetic pool as his 300 foreign policy experts that after 3 outlandish suggestions to counter the russian invasion of georgia, came up with the bright idea of referring the incident to the u.n. security council.

      by the way, has bernie madoff been sentenced yet? obama will probably pardon him immediately and place him on the white staff.

    2. rightknight on March 30th, 2009 12:57 pm

      What about Franklin Raines?

    3. super dave on March 30th, 2009 2:30 pm

      news break: michael vick to be hired as obama dog trainer.

    4. Carpe on March 30th, 2009 2:31 pm

      Here is a great reality check about what is
      going on with our soldiers as Obama continues
      to take on all the world’s ills at once.
      – which cannot be done — not even with appearances on the Jay Leno show –


    5. Carpe on March 30th, 2009 4:34 pm

      THE HAGUE, Netherlands (AP) – Secretary of State Hillary Rodham Clinton says the Obama administration has indeed abandoned the term “global war on terror.”

      Clinton says that while she hasn’t seen any specific orders, the new administration in Washington simply isn’t using the phrase.

      The term was a rallying cry for President George Bush after the Sept. 11 terror attacks. But the use of the term “global war on terror”

      is widely disliked overseas.

      Soldiers are dying every day… and these rancid
      P.O.S. are splitting hairs over phrases.

    6. super dave on March 30th, 2009 4:38 pm

      the Gm ceo was targeted because of race and he was a republican supporter. it had nothing to do with the bailout.

    7. Carpe on March 30th, 2009 4:42 pm

      Mar 30 03:50 PM

      WASHINGTON (AP) – The Obama administration has agreed to release another Guantanamo detainee, but officials aren’t saying yet where he’ll go.

    8. ANewGirl on March 30th, 2009 10:35 pm

      The Obamasiah cans a GM CEO? Heavy handed power grab for sure !

      Hmnnnnnnnn…first 100 days in office and that massively swollen elitist,socialist ego is really shining through again.

    9. rightknight on March 30th, 2009 11:35 pm

      Currently, the Obama Administration is attempting
      to run a bankruptcy proceeding from the Oval Office.
      Could the main objective of shoring up GM be that
      it is heavily UNIONIZED and real bankruptcy courts
      and judges would not only require potential management
      changes, it would definitely call for RENEGOTIATION of
      crippling union contracts. Big unions need repayment
      of support favors, don’t they?

      Pass me a secret ballot before it’s too late.

    10. Carpe on March 30th, 2009 11:47 pm

      Freedom is a great thought.

      …and that is just what it is, a thought. Subjective. It means what it means to the person having it.

      Some people enjoy freedom by living their lives peacefully and respecting others.

      Others choose to play X-Box all day, upload prank calls to You Tube, and light their farts on fire. To them, that is freedom par excellance.

      Are we finally, as a country, starting to see how that just ain’t gonna work?

      I should like to put forth a new plan on the table. I hate to complain without having an
      alternative solution.

      I would like to call it Freedom with Benefits Program.

      -or- FREEDOM WITH BENNIES, for short.

      This is a new plan where your intelligence quotient acts as money.

      You will be issued a library card. It will accumulate points that act as cash.

      If you ever call it a LIE-BERRY card, you will be immediately docked 350 credits.

      It could possibly use some fine tuning, but I think it could be big!


      When a television reporter, in a shameless quest for ratings, says on national network news:

      “A man broke into an elderly care center and randomly started shooting defenseless senior citizens…


      This reporter’s card would instantly be suspended from my central command control center immediately by using new state of the art software not yet publicly available
      over the Worldwide INTERNETS.

      I might even follow that up with a good sized
      kick in the nuts.

      I am still working on the ‘penalty phase’ details.

      Help me put this plan into action, before we let some USURPER born in another country,


      completely destroy a nation that has lasted well over 200 years.



    11. HOPE on March 31st, 2009 3:24 am

      The U.S. went to war… again.

      We’re paying for it… again.

      Besides, we had MAJOR hurricanes

      all over Florida and in the Gulf.


      There’s a limit on what the U.S. can afford…

      believe it or not.


    12. Carpe on March 31st, 2009 6:26 am

      * All lines between reality and fantasy, blurred.

      … yet Monkeys can still see it clearly. Monkeys are made of a different material. The punch smells
      good, but when you drink it, it tastes bitter.

      Mon Mar 30, 2009 7:46pm

      Obama team drops “war on terror” rhetoric

      Tuesday, March 31, 2009

      Baitullah Mehsud, who has a $5 million bounty on his head from the U.S., said the Pakistan Taliban was planning a terrorist assault against Washington D.C.

      “Soon we will launch an attack in Washington that will amaze everyone in the world,” Mehsud told The Associated Press by phone.

    13. Sweet_Thang on March 31st, 2009 11:32 am


      Mon Mar 30, 2009 7:46pm

      Obama team drops “war on terror” rhetoric

      “Tuesday, March 31, 2009

      Baitullah Mehsud, who has a $5 million bounty on his head from the U.S., said the Pakistan Taliban was planning a terrorist assault against Washington D.C.

      “Soon we will launch an attack in Washington that will amaze everyone in the world,” Mehsud told The Associated Press by phone.”

      I have it on good authority that in light of these events, Zerobama has a call in to 24′s Jack Bauer. -0- feels it’s absolutely imperative in these extremely dangerous times for Jack Bauer to step in and…..come up with a phrase to replace “Global War on Terror”.

      We’re countin’ on you, Jack!

    14. kim russell van marter on March 31st, 2009 3:30 pm

      This again is another mistake made by our president. How long will the people let this keep going on……

    15. nurturer on March 31st, 2009 3:31 pm

      When you keep in mind that President Obama is full of shit, everything else will makes sense.

    16. Brenda in Virginia on April 1st, 2009 8:22 am

      My current job is at an IT company that is a “spin off” of AIG. We took over a bunch of their clients and also took a few of the mgrs to our company. Well, ALL have since been fired as they are totally incompetent and use the bully tactics as their mgmt skill.

      If anyone related to that unorganized, greedy, lying, VILE company is put in place by Obamanation…KNOW FOR A FACT Obama realizes their lack of ethics cuz no one where I work is blind to it! We are still trying to clean up the mess we got from them 4+ yrs into it! My God, and Obamanation wants them to wreck us too. Beautiful.

    17. ANewGirl on April 1st, 2009 11:36 pm

      #15- Nurturer…..LMAO!!!!!!!! You are too funny.

    18. Dolf on April 2nd, 2009 3:40 am


      thats the reputation US managers have here in NL.

      kiss up and kick down

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