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Boobgate Vs. Bonusgate
Chucky the K explains the buffoonery of Congressional Democrats on the AIG bonus-gate debacle. What a bunch of stumblebums!
What they are attempting is hypocritical, stupid, trivial and illegal. Besides that, no problem.
And get this...
UPDATE: And Mike Gerson's analysis is just as good.
What they are attempting is hypocritical, stupid, trivial and illegal. Besides that, no problem.
And get this...
Free trade is the one area where the world indisputably turns to Washington for leadership. What does it see? Grandstanding, parochialism, petty payoffs to truckers and a rush to mindless populism. Over what? Over 97 Mexican trucks -- and bonus money that comes to what the Yankees are paying for CC Sabathia's left arm.
UPDATE: And Mike Gerson's analysis is just as good.
posted by Spencerblog at
8:49 AM
7 Comments:
Your Democrats in Washtington - the party of doubling back (Geithner's back taxes & reneging on approving retention bonuses).
Remind me never to buy anything on ebay from any of them.
Darn. I was going to buy the Washington Monument on ebay. They'll have to sell it eventually to pay for all these bailouts.
Gil, I don't get Chucky's point. How is $165 million an insignificant rounding error? If it's no big deal then how does that the case against Gietner and the Dems in congress?
jake, that's a good point (kudos, I missed it completely). Chucky the K just cut the legs out from under the GOP attacks on Obama and the Dems.
Who is this other Jake? Did you think we needed a liberal Jake? Of all the names on the planet, you coincidentally chose the same one on this blog as me? I hope this isn't a reappearance of anon-Diano.
Gentlemen, the issue here is priorities. Obama cannot shed his community activist mindset and stop railing against the corporate boogeyman. In the scheme of things, AIG bonuses are small potatoes.
But for Obama and the Democrats, it plays to their base. They're milking the anti-corporate faux outrage for all its worth. It's just politics as usual when we were promised leadership and change.
Unfortunately, this little tempest in a teapot is distracting resources and attention from bigger, more essential issues like the credit markets and out-of-control government spending.
Jake,
Sorry, but the diabolically clever anon-iano has taken to commenting under other people's names since being banned from this site due to his inability to be civil.
Some of his comments sneak through our rather loose comment moderation, others are permitted through if posted anonymously.
Our attitude is anon-iano's obsession with this blog is HIS problem, not ours. Though his most recent missive suggests he is secretly following this blogger into local pubs to silently gape at us from afar, he is about as scary as a new-born field mouse.
As to the substance of YOUR comment above, you are dead on.
I guess that weirdo took over my "e" pseudonym too? What a loser! I have since switched to "z". Maybe I will adopt a symbol like Prince did...
Signed,
the poster former known as "e"
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