Comments (12)

Mar 21, 2009

Out Geithner, In Treasury Secretary Dimon.
All hail Dimon.

Mar 21, 2009

That would be amazing. And with this cap on bailout companies, he might make more as Treasury Secretary than CEO OF JPM, haha.

Mar 21, 2009

Dimon as Treasury Secretary. Nice thought, but it'll never happen on Obama's watch.

Mar 21, 2009

Thanks for the video - just outrageous how Obama can turn the national focus on an issue 1/1000 the size of the real issue.

Mar 21, 2009

really informative summary from tech tiker. I don't understand why you are mad at obama.. you should be mad at the media bkm125.. obama isn't responsible for breaking stories he just responds to what people are talking about such as the aig bonuses

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Mar 21, 2009

Yeah but all Obama talks about is the bonuses - feeding the fire and missing the real issue. It's not like he doesn't know the issues, but he plays to the masses. And by the way, I'm pissed at the media too.

Mar 21, 2009

In what way would Obama pointing the public's attention to a larger fuckup than the one they are already pissed about help anyone?

Mar 21, 2009

Video dies out on me after the first few minutes, but not sure what the problem here is. Maybe I'm missing something but wasn't the point of backing AIG to avoid a bankruptcy and subsequent inability to payout their counterparties which could cause ripple effects in the system? I'm no expert so feel free to correct me if I'm wrong.

Mar 21, 2009

Maybe some taxpayers should realize if you pay $5000 in taxes/year, then you're $0.0001 share of any bailout is n/m and therefore your complaint is groundless. If you're paying $20 million in taxes as part of the top half that pages 96% of total taxes, then you have better grounds for complaint. But which of the two groups are outraged? And which of the two groups better understands how to grow the economy? The media should make this very clear.

Mar 23, 2009

You are dead on. Its amazing how the most outraged dont pay any material taxes at all.

They should give the money to all the financials and let them keep it. Mahybe it will balance out all the robin hood bs thats been going on for years.

Mar 23, 2009
hardbanker:

Maybe some taxpayers should realize if you pay $5000 in taxes/year, then you're $0.0001 share of any bailout is n/m and therefore your complaint is groundless. If you're paying $20 million in taxes as part of the top half that pages 96% of total taxes, then you have better grounds for complaint. But which of the two groups are outraged? And which of the two groups better understands how to grow the economy? The media should make this very clear.

Do you have the source for this data or did you calculate yourself? I would love to forward it along. Thanks.

Mar 21, 2009
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