Published on March 17, 2009 By Island Dog In Politics

I have been watching this nonsense unfold all day, and it has been really funny in some ways.  All this fake outrage started when people saw that AIG executives received bonuses that were contractually owed to them, and allowed in Obama’s “stimulus” plan.  The White House won’t give specifics on how or when exactly Obama learned about these  bonuses, but today’s “outrage” looks pretty staged to me.

All day we have politicians, mostly democrats, say some outrageous things like the AIG executives should commit suicide because of what they did.  Wow.  I mean, they seem to go out of their way demanding justice and trials for islamic terrorists, but an American business executive doesn’t even get that.  Talk about screwed up priorities.  And it wouldn’t be complete without Chuck Schumer going on about taxing them 100%, which is what they want to do to income anyways, so what’s really the issue here?

This all really comes down to one thing.  This is what happens when government gets involved in bailouts and other nonsense as they have been doing.  This won’t be the last of it either, expect more of this, and expect democrats to use it as an excuse to put even more restrictions on businesses, whether they received bailout money or not. 

Obama shouldn’t be outraged either.  I mean he received over $100,000 in bonuses, I mean political buyouts during the campaign.  Will he be taxed 100%?  Will he return the money?  Of course not, who will dare question Obama and his associations? 


Comments (Page 2)
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on Mar 19, 2009

ID,

While I share your sentiments regarding the AIG drama.  It seems to me that this false outrage is more of a distraction to the real issue.  Dodd knew what he was doing, plain and simple. 

I'm not a Glen Beck fan but he did present some interesting informaton.  According to a recent TV show he broke down the delegation of funds that were filtered through AIG.  What I find remarkable is only about 1/3 (around $50Bill) actually went to AIG.  How come there isn't outrage over the $100+bill that was distributed oversees and other countries (ie banks in France) and other US companies (ie. Bank of America). 

Let's not overlook that Dodd also receives a good chunk of money during elections (I forget the amount).

on Mar 19, 2009

kingbee

mostly those named Daiwa

then we're all doomed. 

daiwa and i don't often agree (which is kinda funny considering it's highly likely each of us considers himself both adherent and guardian of the au h20 legacy).  i do sincerely appreciate his intelligence, tenacity, excellent sense of humor, rationality, innate skepticism and, not last nor least, his admirably gracious demeanor.

he also had--may still have--a hot ride.

besides which, his response set me up with a sweet opportunity to further clarify and enhance my point.

 

Aww.

I am a little irritated that IslandDog won't fess up to being pwned. I mean, these things happen. Be mature.

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