Wednesday, March 18, 2009

AIG, St. Pat, get the idea!

Well, it's the day after St. Patrick's Day!

I hope everyone was safe in their fun yesterday. I heard a guy got tazed in Mt. Lookout Square!

Hap's features large in the Enquirer's Video about the day!

Alright, the death of American journalism continues in the way the AIG bonus flap is being covered. So, Chris Dodd includes a specific "they get their bonuses" provision in Feb. and in March gets to complain that they shouldn't get to keep their bonuses, yet not one MSM "journalists" calls him out? What a joke. At least the WSJ gets it.

As a caller to a local radio show sagely pointed out: Let's say this was GE. If I am a salesman for GE aircraft engines and had the best year of my career last year, shouldn't I get my bonus even if the parent company lost money that year????????

AIG is a massive concern, and it used the money to make good on it's obligations, which it incurred insuring other institutions crap deals. Argue all you want about whether or not AIG should have insured those crap deals, but the Senate and House (and Mr. Geitner) knew all of this when the deal was inked, so they should be egg-faced and hounded by the media for their part in it, not given mic time to whine and complain they want to tax the bonuses. Seriously, that's absolute lunatic ravings. In a sane world these Congresspeople would be in an asylum.

Even funnier. At least I didn't vote for this pack of incompetents. Yep, I said it. They are so far over their collective heads, it'd be hilarious if it wasn't so expensive, expensive, expensive.

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