Thursday, March 26, 2009

Congressional Blackmail

AIG London Executives feel that push to snatch back contractually obligated bonuses is blackmail by Congress and I have to say I agree with them.

This mess is the responsibility of Dodd, Frank, et. al. in Congress and very specific divisions of very specific companies. If Pelosi/Reid/Obama hadn't forced these repeated Obominations of bailout bills and so-called stimulus spending through Congress at breakneck speed, we could have read the damn things and seen what was fair or unfair.

But loath to "waste" this economic crisis when it was so ripe for a power grab, the irresponsible and disgusting folks in Obama's administration and Congress decided to take the FUBAR path.

Our anger is misdirected. Leave the innocents alone. Channel your anger towards those who most deserve it. Obama's Administration, the greedy members of Congress, and the press for not doing its job.

No comments:

Post a Comment