Tuesday, March 17, 2009

VIDEO: Congressman Calls Obama's Bluff; Demands To Know When He Knew About AIG!

Thank you Rep. Darrell Issa (R-CA) for holding out President accountable!

Rep. Issa has written a letter to President Obama demanding what he knew and when he knew it about AIG.

Like me, Issa thinks Obama is not telling the truth.

Earlier today, he discussed it with Neil Cavuto.

The text of the letter to the President

March 17, 2009

The President

The White House Washington, DC 20500

Dear Mr. President:

The American people are rightly outraged over the news that AIG is paying $165 million in bonuses to its executives. This news is especially troubling given that AIG received another $30 billion in bailouts just two weeks ago. The egregious actions of AIG underscore the fact that even more taxpayer dollars are vulnerable to waste and abuse due to the unprecedented spending levels brought about by the Troubled Asset Relief Program and economic stimulus legislation.

Given your recent expressions of outrage about bonuses being paid to AIG executives, I am concerned that members of your Administration may not be bringing critical information to your attention in a timely manner.

There is good reason to believe that White House officials have long known about impending bonus payments to AIG executives, even prior to the decision two weeks ago to approve a $30 billion bailout payment to AIG.

Two weeks ago, White House Press Secretary Robert Gibbs expressed confidence that White House officials were fully aware of how AIG was using taxpayer funds.

Recent news reports have also suggested that officials in your Administration may have more knowledge about the AIG bonus payments than has previously been disclosed. CBS News reports that an official in your Administration said that the AIG bonuses have long been known about inside and outside AIG.

I would appreciate if you would assist me in understanding the extent of the Administrations knowledge of the bonuses being paid to AIG executives, including the earliest date at which senior Administration or White House officials became aware of the pending bonus payments to AIG employees and when this was first brought to your attention. I would appreciate it if you would respond no later than March 24, 2009.


Darrell Issa

Ranking Member

Stumble Upon Toolbar submit to reddit

No comments:

Post a Comment