Wednesday, March 18, 2009

Obama trying to stop bonuses in AIG

Barack Obama is heading to California to face questions over the AIG executive bonus scandal. These bonuses were to give $165 million to executives that has made the company bankrupt. I think that it is outrageous to even think about giving the executive that much money for the position they put us in today. If they used the money correctly we wouldn't have to give them a 165$ bonus. Obama also said Treasury Secretary Timothy Geithner who will be handling the situation with AIG. Hopefully he will come up with a solution to not give these executives money for their bad mistakes putting the company in bankruptcy.

Thursday, March 5, 2009

Obama blamed for Stock Market low?


Since November 4, Election Day, the Standard & Poor's 500-stock index is off about 25 percent, and since January 20 the "500" is down 15 percent. I honestly don't think Obama is to blame for this stock market disaster. He came in to presidency in a bad time and just needs to fix things little by little.