Cool it on the bonus blowback - The Boston Globe
Beantown isn't known as exactly a bastion of conservatism. Could it be that even some of the snobs of Kerry/Kennedy ville realize that there is danger that lurks in "off with their heads populism". Especially when it is "your own team" -- Democrats, that were completely responsible for all sides of the bonus dilemma. Would that Republicans could have seen the danger on turning their backs on their own guys and merely going for "a pox on both your houses"!!!
Pretty hard for folks with egos the size of Dodd and BO -- we shall see.
Beantown isn't known as exactly a bastion of conservatism. Could it be that even some of the snobs of Kerry/Kennedy ville realize that there is danger that lurks in "off with their heads populism". Especially when it is "your own team" -- Democrats, that were completely responsible for all sides of the bonus dilemma. Would that Republicans could have seen the danger on turning their backs on their own guys and merely going for "a pox on both your houses"!!!
So, the lefty media is telling it's boys to just shut up and move on! When you are in a hole, STOP DIGGING!!!!Ater all, Congress created the AIG bailout plan, with input from the White House economic team. Either lawmakers knew what was in it when they voted for it, or voted for it without knowing important details. If they are angry at anyone, it should be at themselves, for failing to fulfill their responsibility as fiscal watchdogs.
The same holds true for Obama's economic team.
The AIG contracts, which provide for the bonuses regardless of performance, were written in March 2008. A full year later - after the taxpayers became 80 percent owners in AIG with a $165 billion bailout - the bonuses were protected by a special provision inserted into the stimulus law by Connecticut Senator Christopher Dodd.
Pretty hard for folks with egos the size of Dodd and BO -- we shall see.
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