{"id":31990,"date":"2009-03-20T01:01:01","date_gmt":"2011-05-19T02:35:34","guid":{"rendered":""},"modified":"2011-05-19T02:35:34","modified_gmt":"2011-05-19T02:35:34","slug":"outrage_geithner_and_congress_lied_to_you_about_the_aig_bonuses","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2009\/03\/20\/outrage_geithner_and_congress_lied_to_you_about_the_aig_bonuses\/","title":{"rendered":"Outrage: Geithner and Congress Lied to You About the AIG Bonuses"},"content":{"rendered":"
\n

RUSH: ‘The Congressional Budget Office…\u2019 Everybody was waiting for this number today. ‘The Congressional Budget Office says that the federal deficit this year will now top $1.8 trillion.\u2019 That is exactly half of Obama\u2019s proposed budget: $1.8 trillion. The Democrat Party was having cows when the Bush deficit was $400 billion. This is $1.8 trillion, and there\u2019s no end in sight to the new spending. This is to destroy the individual and liberty and freedom and the capitalist system that made this country great. $1.8 trillion. But we live in a bipolar culture, and the people who blindly support Barack Obama, who think of him as nothing more than a cool celebrity, don\u2019t even have an idea what a budget is, much less a deficit — and they certainly don\u2019t think it\u2019s bad if it\u2019s his. <\/p>\n

It must be for a good reason, because, you see, ‘nothing could be worse than the last eight years.\u2019 I played in a golf tournament last week. I gotta tell you this quick story before we evidence for you the fact that Tim Geithner and Congress are lying through their teeth on the AIG bonuses. I was playing golf last weekend, and one of my partners was… He was a good guy. He identified himself as a yellow dog Democrat from North Carolina. So and I teased him. I said, ‘How do you like the destruction of wealth going on?\u2019 ‘Hell, Rush, can\u2019t get any worse than it was the last eight years. Can\u2019t get any worse! It can\u2019t get any worse than it was the last eight years.\u2019 This man\u2019s not in his twenties or thirties. He\u2019s in his sixties, and he has blind obedience to the Democrat Party and Barack Obama. <\/p>\n

<\/a>A $1.8 trillion budget — that\u2019s trillion with a ‘T\u2019. Tim Geithner. Thanks to Ed Morrissey at HotAir.com: Tim Geithner, the tax cheat and the secretary of the Treasury, and Congress claim that they were blindsided by the AIG bonuses late last week before anybody had a chance to stop AIG from paying the bonuses. I can\u2019t tell you how flipping mad what happened yesterday in the House of Representatives makes me. I\u2019ve been alive 58 years. I\u2019ve been paying attention to things since I was 12, and I\u2019ve been through the House Post Office and the House Bank Scandals. But when I saw that happen yesterday, and all week leading up to yesterday, rivals the most outrageous dishonest, disingenuous, near-criminal act I have ever seen. The House of Representatives is enacting legislation to tax a certain number of people at 90% on bonuses they were paid, acting as though they had no idea this had happened. <\/p>\n

It was in the stimulus bill that was written in Nancy Pelosi\u2019s damned office! Those bonuses were exempted, limits on those bonuses were exempted. The bonuses were known when they wrote the stimulus bill. It happened in Nancy Pelosi\u2019s office, and Barney Frank helped write it. They passed a law, and they sent it to the president, and good old Special Olympics- teleprompter Obama signed the damn thing. Would never have happened, had they not exempted it. It was in the bill, it was in the law, and they act yesterday like they got blindsided. And they act yesterday like somebody pulled a trick on them. I detest these people. If the mob is mad, if the mob is angry — go ahead and be mad at AIG, if you want, if you want to follow popular sentiment. <\/p>\n

But if you\u2019re not mad at the US House of Representatives and the United States Senate, if you are not fit to be tied over what they are doing, the assault that they are making on individual liberty, the founding of this country… They are acting as potentates with limitless power. Most of them are incompetent. That\u2019s where your anger ought to be directed, and the chance you have to vent your anger is 2010. And there\u2019s a story out there today, folks. What\u2019s his name? Stu Rothenberg, one of the inside-the-Beltway Democrat pollsters, got a little story: Are the Democrats getting worried about 2010? Is it time to worry? It\u2019s not because of his Obama, because nobody expects Obama\u2019s support to go anywhere, but, boy, where\u2019s…? If there\u2019s anger at Congress, Rothenberg says, that\u2019s a perfect recipe for the incumbent party to lose big. He said anger is what caused the Democrats to lose 50 seats in 1994 — and there was anger, and it was anger over corruption. <\/p>\n

It was the House Bank, the House Post Office, and 40 years of near dictatorial rule — and they\u2019re back to it again. Here\u2019s Nancy Pelosi saying it\u2019s ‘un-American\u2019 to enforce US laws. Folks, if you\u2019re angry, your anger needs to be directed at your government, not your fellow citizens. You\u2019re being whipped into a frenzy the way they were whipped into a frenzy in Nazi Germany, and I will explain what I mean by that when I get to a New York Times story in just a moment. But back to Ed Morrissey\u2019s piece. ‘Geithner and Congress claim they got blindsided by the bonuses for AIG late last week before anybody had a chance to stop them. However, C-SPAN\u2019s video library tells a very different story. There\u2019s a clip from March the 3rd, a hearing of the House Ways and Means Committee in which Democrat congressman Joseph Crowley of New York specifically mentions the upcoming payouts of over $162 million in bonuses to AIG execs, the very same number that inflamed Washington last week.\u2019 You know who he\u2019s talking to? He\u2019s talking to Tim Geithner! He makes these revelations to Tim Geithner, who said he only learned about these bonuses on March the 10th. Here is Mr. Crowley, Democrat, New York, talking to Timothy Geithner.<\/p>\n

<\/a>CROWLEY: Just last month, AIG paid 343 employees of AIG FP, their Financial Products Division — what created the financial hole that AIG is in, and in turn a multibillion-dollar bill for American taxpayers — $56 million in bonuses and are slated to pay an additional $162 million in bonuses to 393 participants in the coming weeks, and there\u2019s more. Further bonus payments totaling approximately $230 million are due to 407 participants at AIG\u2019s Financial Products Division in March 2010. This makes no sense to my constituency.<\/p>\n

RUSH: In other words: Everybody knew about these bonuses! What you just heard was from March 3rd, a Democrat congressman talking to Tim Geithner. Everybody knew about these bonuses. Congress even knew enough about it to question Geithner on it. Through the question, I even learned something that I didn\u2019t know that, there are more bonuses to be paid out a year from now: $230 million are due to 407 participants at the Financial Products Division in March of 2010, one year from now. This is March the 3rd. This is nine days before Geithner initially claimed to know anything about it. It\u2019s a farce! This whole thing is a joke. It is a diversionary tactic. It\u2019s worse than a diversionary tactic. It is a lie. <\/p>\n

This whole thing is a lie from your government, perpetrated by the Obama administration and the Democrat leadership in the House of Representatives to cook up artificial outrage over contractually obligated bonuses. Ed Morrissey says it\u2019s a freak show. It\u2019s a circus, a populist circus. It is a freak show, but it is worse. This has to be a violation of the oath of their office, what they are doing. Now, I know, $165 million, it may not seem like chump change. People are saying it\u2019s chump change in comparison to all the bailout money, but $165 million stand-alone going to individuals is not a small amount of money. I agree with that. But people are being tugged in the wrong direction on this, and the best and the brightest, the wizards of smart, are lying through their teeth. And the primary culprits — and I don\u2019t mind being partisan here — are liberal Democrats. <\/p>\n

And one of the things we know about liberalism is that it is a lie. It has to lie in order to survive. It has to create demons. It has to create enemies that have to be destroyed. So while the president of the United States — and he claims he didn\u2019t know \u2019til March 10th, and I don\u2019t believe that. I don\u2019t believe the president of the United States didn\u2019t know anything about it. I don\u2019t believe Geithner didn\u2019t know. We know now Geithner knew on March 3rd. We knew Congress knew before March 3rd. Do you understand this? On March the 3rd, 17 days ago, Geithner was asked by members of Congress about these bonuses. We ought to get some audio from Crowley. If we have any, if there is any. I would love to have audio from Crowley acting shocked and stunned and surprised on these bonuses on a date later than March 3rd when he brought them to everybody\u2019s attention. <\/p>\n

And if Crowley knew about them on March 3rd, when did they really know about it? They knew enough to start asking Geithner about it on March 3rd. Geithner is lying through his teeth when he says he only knew about this on March 10th. ‘I didn\u2019t know; I only learned the full scope on March 10th,\u2019 he\u2019s saying. We have been had. We have been insulted. Our intelligence has been insulted. We are being played like village idiots. They look at us as suckers who will believe anything, and it\u2019s all to protect their dirty little rear ends, their corrupt little rear ends. I\u2019m having trouble describing how I feel without uttering any profanities here. I haven\u2019t been this mad in a long time, and I\u2019m made not just about their behavior, but I am really mad and saddened at the same time at how damned easy it\u2019s been for these people to mislead this country. That\u2019s what\u2019s scary. It has been too damn easy to create a mob aimed at the wrong people, a mob being used by the Democrat Party to destroy the United States of America as you and I have known it. This is about liberalism, folks. This is not about politics as usual. This is about an ideology or a psychology, whatever you want to call it — systematically now with no strains, no constraints, nothing to stop them — finally implementing every dream they have ever had, to destroy this nation as founded.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: ‘The Congressional Budget Office…\u2019 Everybody was waiting for this number today. ‘The Congressional Budget Office says that the federal deficit this year will now top $1.8 trillion.\u2019 That is exactly half of Obama\u2019s proposed budget: $1.8 trillion. The Democrat Party was having cows when the Bush deficit was $400 billion. This is $1.8 trillion, […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-31990","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOutrage: Geithner and Congress Lied to You About the AIG Bonuses - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2009\/03\/20\/outrage_geithner_and_congress_lied_to_you_about_the_aig_bonuses\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Outrage: Geithner and Congress Lied to You About the AIG Bonuses - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: ‘The Congressional Budget Office…\u2019 Everybody was waiting for this number today. ‘The Congressional Budget Office says that the federal deficit this year will now top $1.8 trillion.\u2019 That is exactly half of Obama\u2019s proposed budget: $1.8 trillion. 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