Bob McCarty Writes

Humor, Politics, Culture & Capitalism @BobMcCarty

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Speaker Pelosi’s Doube Standard Captured in Ink

March 23rd, 2009 · No Comments

In “Pelosi Attacks AIG (above),” My Personal Litmus offers a graphic depiction of Speaker of the House Nancy Pelosi’s insane approach to governance and congressional oversight.

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‘Fashion Criminal’ AIG Exec Should ‘Just Ché No!’

March 21st, 2009 · 1 Comment

Though I’ve taken stands against federal government bailouts to the “too big to fail” AIG and favored allowing the insurance giant to award retention bonuses to its best employees, everything* changed for me after I came across a photo (left) of Gerry Pasciucco wearing a t-shirt bearing the black-and-white image of Ernesto “Ché” Guevara.  The [...]

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Earth-Rattling Events Take Place Worlds Apart

March 19th, 2009 · No Comments

Two earth-rattling events took place on opposite sides of Planet Earth this afternoon, leaving many to wonder (1) if they are somehow related and (2) which will cause the most damage. The first event took place just before one o’clock Eastern.  According to this report, the Democratic-led U.S. House of Representatives acted “with lightning speed” [...]

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If AIG Officials Take Senator Grassley’s Advice…

March 17th, 2009 · No Comments

It’s all over the news in what could be described as the 21st-century equivalent of an angry torch-bearing mob marching toward Dr. Frankenstein’s castle.  It’s the saga of “AIG Bailout Bucks Gone Bad.” In this saga, the Frankenstein castle has been replaced by AIG headquarters in New York City and the new mob is being [...]

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‘Obama’s Outrage’ Aimed at Punishing Achievers

March 17th, 2009 · 2 Comments

Representative of the mainstream media, the front page of today’s Chicago Sun-Times features a photo of an angry-looking President Barack Obama above the all-caps headline, OBAMA’S OUTRAGE. The headline, in turn, leads to a Lynn Sweet article about Obama’s “somewhat tardy” outrage over AIG paying $165 million in bonuses to some of its employees. If [...]

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‘Too Big to Fail’ Logic Examined

March 4th, 2009 · No Comments

Some six months after AIG was declared “too big to fail” and received billions of bailout dollars, the free-spending administration of President Barack Obama poured another $30 billion into insurance giant this week.  That took place, according to a recent DC Examiner report, after administration officials were encouraged by the company’s loss of nearly $62 [...]

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Suit Filed Over AIG’s Promotion of Shariah Law

December 22nd, 2008 · No Comments

One week ago today, officials at the Thomas More Law Center announced they had filed a federal lawsuit (pdf) against Treasury Secretary Hank Paulson and the Federal Reserve Board to stop all bailout funds from going to American International Group, Inc., the insurance giant many know better as “AIG.” According to the lawsuit, the U.S. [...]

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