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Obama blasts AIG bonuses, says 'I'll take responsibility'



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Mar 18, 2009 08:11 PM

Obama blasts AIG bonuses, says 'I'll take responsibility'

by Atheos

Obama blasts AIG bonuses, says 'I'll take responsibility'


President Obama said Wednesday he'll "take responsibility" for AIG executives receiving controversial bonuses while the company took $173 billion in government

President Obama speaks Wednesday at a town-hall-style meeting in Costa Mesa, California.

"We didn't draft these contracts. We've got a lot on our plate. But it is appropriate when you're in charge to make sure stuff doesn't happen like this," Obama told a town hall meeting in Costa Mesa, California. "So we're going to do everything that we can to fix it."
Obama's comments came just more than an hour after Sen. Christopher Dodd, the Senate banking committee chairman, told CNN that he was responsible for language added to the federal stimulus bill to make sure that already-existing contracts for bonuses at companies receiving federal bailout money were honored.

What????

I was kinda doubting myself.

I KNEW Obama was the best choice... A president that accepts responsibility. Dang.

I never thought I'd see a black president or a responsible politician.



Thank you Mr. President!!!

TAKE THAT BLAME GAME REPUBLICANS!!


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20 Comments
No. 1
Old Mar 18, 2009, 08:13 PM

Default Re: Obama blasts AIG bonuses, says 'I'll take responsibility'
It does take a while to get used to, doesn't it?

I just hope this whole thing doesn't undo him..........I'd like to see him get enough time to lead us far away from where we've been the past 8 years.
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No. 2
from herring_RN
Old Mar 18, 2009, 08:14 PM

Default Re: Obama blasts AIG bonuses, says 'I'll take responsibility'
I disagree with his opinion that single payer healthcare cannot be achieved.
But so far I respect President Obama.
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No. 3
from Atheos
Old Mar 18, 2009, 08:15 PM

Default Re: Obama blasts AIG bonuses, says 'I'll take responsibility'
I think he will. Every time they come up with something else to try and bring him down he outshines, outsmarts AND outclasses them.

I'm seriously considering naming my child (if I have one) Barack. Well at least the middle name.

Class... What a nice thing.

This is awesome. There's some personal responsibilty for you conservatives.

What a great role model he's turning out to be.
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No. 4
from tntrn
Old Mar 18, 2009, 08:27 PM

Default Re: Obama blasts AIG bonuses, says 'I'll take responsibility'
He said he'll take responsibility, but he did not say what that means. Therefore none of us can say he did or didn't, because we have no clue what "taking responsibility" means to him.
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No. 5
from Atheos
Old Mar 18, 2009, 08:29 PM

Default Re: Obama blasts AIG bonuses, says 'I'll take responsibility'
Originally Posted by tntrn View Post
He said he'll take responsibility, but he did not say what that means. Therefore none of us can say he did or didn't, because we have no clue what "taking responsibility" means to him.
OH NO YOU DON'T!!!!

Don't even try.

We ALL know exactly what he means. Now you personally might not understand personal responsibility. So I'll explain (ROFL just teasing you).

He said..."The buck stops here.'

There is only ONE meaning for that.

Don't be a hater!
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No. 6
from tntrn
Old Mar 18, 2009, 08:33 PM

Default Re: Obama blasts AIG bonuses, says 'I'll take responsibility'
Originally Posted by Stanley-RN2B View Post
OH NO YOU DON'T!!!!

Don't even try.

We ALL know exactly what he means. Now you personally might not understand personal responsibility. So I'll explain (ROFL just teasing you).

He said..."The buck stops here.'

There is only ONE meaning for that.

Don't be a hater!
Now Stanley, you know I've repeatedly said I cannot hate someone I don't even know. However, I do not know what HE means by The Buck Stops Here. What's he going to do? Go knock on the doors of the people who got those bonuses, and politely, with class, ask for the money back? Or maybe he's going to actually give back the donation money he got from AIG. Or maybe he'll ask for more legislation that will scold and punish them. My point is: he didn't say what his plan is. We don't know. Again.

I, personally, want him to tell me what that means, to him, in this instance. Because I know what it means to me.

And thank you for this respecful discourse.
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No. 7
from Atheos
Old Mar 18, 2009, 08:38 PM

Default Re: Obama blasts AIG bonuses, says 'I'll take responsibility'
Sorry... I dropped into my native vernacular.

Hater is slang. When you don't like someone you are hating on them. Not the literal hate. I forget that I'm not talking to people in my age group.
You know like the song... Never mind.

Well he didn't tell us what his plan was. Of course not. A leader isn't required to do that. His job isn't to hand hold us and make us feel better (some will argue that). That's the job of a puppet like the Queen of England.

His job as leader of America is to MAKE us better.

As to the respectful discourse. I'm trying. I don't want another 3 month 'vacation' wink:wink:nudge:nudge
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No. 8
from tntrn
Old Mar 18, 2009, 08:55 PM

Default Re: Obama blasts AIG bonuses, says 'I'll take responsibility'
Originally Posted by Stanley-RN2B View Post
Sorry... I dropped into my native vernacular.

Hater is slang. When you don't like someone you are hating on them. Not the literal hate. I forget that I'm not talking to people in my age group. "

I guess that's kind of confusing...And you are younger than my "baby." I do know that "sick" when referring to a wakeboarding trick is a good thing!


"Well he didn't tell us what his plan was. Of course not. A leader isn't required to do that. His job isn't to hand hold us and make us feel better (some will argue that). "

I completely disagree with that. I think he OWES us an explanation of the plan. How else can he be held accountable if the plan is kept secret?
"His job as leader of America is to MAKE us better."

And we have the right to judge along the way as to what kind of job he's doing, good or bad, and then let him and other elected officials know what we think. Otherwise, informed voting is impossible.

As to the respectful discourse. I'm trying. I don't want another 3 month 'vacation' wink:wink:nudge:nudge
It shows
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No. 9
Old Mar 18, 2009, 11:53 PM

Default Re: Obama blasts AIG bonuses, says 'I'll take responsibility'
ERROR: If you can see this, then YouTube is down or you don't have Flash installed. View this video at YouTube

President Obama has come out and taken a Harry Truman stance. This youtube clip says a lot about his character. He has the political cover to go ahead and blame Geithner/Paulson/Bernanke/Dodd but he isn't. See:

Federal Reserve officials knew for months about bonuses at American International Group but failed to tell the Obama administration, according to government and company officials, exposing problems in a relationship that is vital to addressing the financial crisis.
at http://www.washingtonpost.com/wp-dyn...T2009031801503

Every administration goes through growing pains at least this President is willing to treat us as adults and ask us to rise to the challenges.
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