Obama Received AIG Bonus, ACORN mob tactics, FED Devaluing our Currency, Obama 2.0

1) Dodd: Administration pushed for language protecting bonuses (CNN) -- Senate Banking committee Chairman Christopher Dodd told CNN Wednesday 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. Dodd acknowledged his role in the change after a Treasury Department official told CNN the administration pushed for the language. See: http://www.cnn.com/2009/POLITICS/03/18/aig.bonuses.congress/index.html Remember from the last post that AIG has sent BILLIONS overseas to European banks. This is all a smoke screen… 1a) House passes bill taxing AIG and other bonuses WASHINGTON – Denouncing a "squandering of the people's money," lawmakers voted decisively Thursday to impose a 90 percent tax on millions of dollars in employee bonuses paid by troubled insurance giant AIG and other bailed-out companies. The House vote was 328-93. Similar legislation has been introduced in the Senate and President Barack Obama quickly signaled general support for the concept (emphasis mine). "I look forward to receiving a final product that will serve as a strong signal to the executives who run these firms that such compensation will not be tolerated," the president said in a statement. …Republicans took Democrats to task for rushing to tax AIG bonuses worth an estimated $165 million after the majority party stripped from last month's economic stimulus bill a provision that could have banned such payouts. Remember, government money comes with strings… …The bill would impose a 90 percent tax on bonuses given to employees with family incomes above $250,000 at American International Group and other companies that have received at least $5 billion in government bailout money. It would apply to any such bonuses issued since Dec. 31. See: http://news.yahoo.com/s/ap/20090320/ap_on_go_co/aig_outrage 1b) Obama Received a $101,332 Bonus from AIG Senator Barack Obama received a $101,332 bonus from American International Group in the form of political contributions according to Opensecrets.org. The two biggest Congressional recipients of bonuses from the A.I.G. are - Senators Chris Dodd and Senator Barack Obama.  See: http://www.examiner.com/x-268-Right-Side-Politics-Examiner~y2009m3d17-Obama-Received-a-101332-Bonus-from-AIG 2) Fed to pump another $1 trillion into U.S. economy WASHINGTON: The Federal Reserve sharply stepped up its efforts to bolster the economy on Wednesday, announcing that it would pump an extra $1 trillion into the financial system by purchasing Treasury bonds and mortgage securities. Having already reduced the key interest rate it controls nearly to zero, the central bank has increasingly turned to alternatives like buying securities as a way of getting more dollars into the economy, a tactic that amounts to creating vast new sums of money out of thin air. But the moves on Wednesday were its biggest yet, almost doubling all of the Fed's measures in the last year. …But there were also clear indications that the Fed was taking risks that could dilute the value of the dollar and set the stage for future inflation. Gold prices rose $26.60 an ounce, hitting $942, a sign of declining confidence in the dollar. The dollar, which had been losing value in recent weeks to the euro and the yen, dropped sharply again on Wednesday. See: http://www.iht.com/articles/2009/03/18/business/fed.php 3) Hill panel testimony to accuse ACORN of mob tactics A lawyer for a whistleblower on the activist group ACORN is prepared to tell a House panel Thursday that the group provided liberal causes with protest-for-hire services and coerced donations from the targets of demonstrations through a mob-style "protection" racket.  ACORN called it the "muscle for the money" program, according to prepared testimony Pittsburgh lawyer Heather Heidelbaugh plans to deliver at a hearing of the House Judiciary subcommittee on the Constitution, civil rights and civil liberties.  A copy of her prepared testimony was obtained by The Washington Times.  The protest shakedowns are among a slew of accusations that Ms. Heidelbaugh intends to make against the Association of Community Organizations for Reform Now. She also will accuse the nonprofit group of violating tax, campaign-finance and other laws by sharing a list of President Obama's maxed-out campaign donors to solicit more funds for a get-out-the-vote drive. The accusations, which are based entirely on sworn court testimony late last year by ACORN whistleblower Anita Moncrief, range from unlawfully coordinating campaign activity with Mr. Obama's presidential campaign to deliberately engaging in voter-registration fraud and misusing federal grant money. See: http://www.washingtontimes.com/news/2009/mar/19/hill-panel-testimony-to-accuse-acorn-of-mob-tactic/ 4) Obama's campaign network mobilized to promote agenda Four months after the election, President Barack Obama is resurrecting his campaign army in Florida and nationwide to help him sell his $3.5 trillion budget to Congress. It's the first call to action by Organizing for America, the Democratic Party initiative to turn the campaign's vast grass-roots network into a year-round support system that registers voters, promotes the administration's policies and lays the groundwork for a second term. Known informally as Obama 2.0 because it represents the second phase of the Internet-savvy campaign, the program will test the staying power of a celebrity president long after the bumper stickers start to fade.  The Democratic Party plans to deploy staffers across the country over the next several weeks, including 35 to 40 people in Florida, the nation's largest swing state. The campaign-in-waiting could set the stage for Florida Democrats in the 2010 election, when a U.S. Senate seat and possibly other statewide offices will be up for grabs. See: http://www.miamiherald.com/news/politics/story/955747.html 5) At G20, Kremlin to Pitch New International Currency The Kremlin published its priorities Monday for an upcoming meeting of the G20, calling for the creation of a supranational reserve currency to be issued by international institutions as part of a reform of the global financial system.  The International Monetary Fund should investigate the possible creation of a new reserve currency, widening the list of reserve currencies or using its already existing Special Drawing Rights, or SDRs, as a "superreserve currency accepted by the whole of the international community," the Kremlin said in a statement issued on its web site. See: http://www.themoscowtimes.com/article/600/42/375364.htm 6) Guantanamo Detainees May Be Released in U.S. WASHINGTON -- Attorney General Eric Holder said some detainees being held at Guantanamo Bay, Cuba, may end up being released in the U.S. as the Obama administration works with foreign allies to resettle some of the prisoners. See: http://online.wsj.com/article/SB123741378746277081.html?mod=googlenews_wsj 7) Tax Day tea parties expected to number more than 1,000 'We don't necessarily need mainstream media anymore' See: http://www.wnd.com/index.php?fa=PAGE.view&pageId=92276 8) Mystery solved: Police chief ordered troops: U.S. Army forces sent to Alabama town after shooting spree See: http://www.wnd.com/index.php?fa=PAGE.view&pageId=92191 9) Obama secures $500,000 book advance See: http://www.upi.com/Top_News/2009/03/19/Obama_secures_500000_book_advance/UPI-82081237468228/ Rush comments: I remember when Mr. Newt announced a book deal when he was Speaker of the House, my gosh, the Drive-Bys and the Democrats just castigated Newt for trading on his office.  See: http://www.rushlimbaugh.com/home/daily/site_031909/content/01125104.guest.html