Democratic leaders scrambling to strip AIG executives of bonuses are having a hard time answering a key question: Why didn’t Congress act to prevent the bonuses in the first place?
Hmm. That’s an excellent question. Of course, don’t ask this guy…
He doesn’t have a clue.
This certainly doesn’t remind me of anything in particular. How about you guys?
First they take our money and then they screw us.
From the NY Times
A.I.G. Planning $165 Million in Bonuses After Huge Bailout
WASHINGTON – The American International Group, which has received more than $170 billion in taxpayer bailout money from the Treasury and Federal Reserve, plans to pay about $165 million in bonuses by Sunday to executives in the same business unit that brought the company to the brink of collapse last year.
SAY WHAT?
Straight talk.
Apparently it’s a dying art.
John McCain was never a maverick. He was a staunch Republican whose positions deviated from those of his party only on occasion. But the one thing he had going for him was honesty and sincerity. He told the country what he believed and why he believed it, firmly and unapologetically. He stood up for his beliefs even if they were unpopular. He defended his principles. But somewhere along the line John McCain gave up. He sacrificed his principles, he surrendered to the sordid tactics of his party, the tactics he once despised and vocally denounced. To fully understand the magnitude of his fall, one must look back — a glance at the McCain of a month ago, really, is sufficient to understand the duplicity of his statements and positions, but the differences between the McCain of 2000 and the McCain of 2008 are staggering. A brief list compiled by blogger Alex Valentine shows the stark contrast between the two McCains:
That’s right, in a current article penned by Senator McCain, he promises to bring to our healthcare system what has worked so well for Wall Street:
Unbridled deregulation!!!
The crowd goes wild!