Speaking of outrageous bonuses for incompetent performance…
How nauseating to hear the growing chorus of lawmakers on Capitol Hill inveighing about the AIG bonuses and the rewarding of incompetence.
Spare me, Barney Frank:
“These people may have a right to their bonuses, they don’t have a right to their jobs forever,” Mr. Frank said, charging that the bonuses amounted to rewards for incompetence. And he added: “These bonuses are going to people who screwed this up enormously.”
This, after the Senate refused to give up automatic pay increases for themselves and Nancy Pelosi refused to give the measure a hearing.
Congress sez: Incompetence bonuses for me, but not for AIG.
Spare me.
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Trackbacks
- Thowing Money Around Isn’t Always the Cure « Peace and Freedom Global Future
- Yum? Obama Finger Licken Chicken « Mcnorman’s Weblog
- Public Secrets
- Barney Frank the hypocrite - “These people may have a right to their bonuses, they don’t have a right to their jobs forever” | Fire Andrea Mitchell!
- The Hypocritical Incompetence of Congress | The American Pundit
- Hypocrisy, thy name is Barney Frank « Danishova
- Emotion and business decisions - the AIG bonus program | Radio Vice Online
- Barely A Blog » Barack’s Bitches
- Frank, Dodd, Congress…The Ultimate in Arrogance and Incompetence « Rantings of mine
- Video: Rep. Barney Frank ‘Thug Attacks’ Conservative Harvard Law Student for Financial Crisis Question « Frugal Café Blog Zone
- The TARP “Gravy Trough”…Barney Frank Wants to Funnel $1 Billion from TARP to Homeless « Frugal Café Blog Zone
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Categories: AIG, Nancy Pelosi
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No accountability (or accounting) in Congress! Thoes rules are for peasants.
Talk about the POT and the KETTLE… The problem I have is FRANK says it with a straight face…
Barney Frank is either:
the poster child for incompetence
(if you actually believe he intends well and is failing miserably),
or
the poster child for competence
(if you believe he is a Democratic Socialist Communist who is deliberately trying to destroy capitalism, and doing a good job of it)
Well no actually…
They make me sick.
Barney…you horse’s ass. [And with apologies to all horses.]
The whole so-called stimulus and the mortgage bailout together are one giant reward paid to those who screwed up.
I am utterly amazed at the shortsightedness and hypocrisy of these morons. They are either incredibly stupid, or know what they are doing and using it to secure their positions and power.
If so, this is pure and unadulterated evil.
Mr. Frank the pimp meister? That Mr. Frank? My my. And to think honest people live in a country united with Massachusetts. They are Queer, they are Here and they head the Banking Committee.
Our once Great Massachusetts-now home to Queers, Queens, child molesters Honored and a whole mess of Kennedys.
Hopefully they have some honest folk to take it back-hopefully.
Their citizens are but subjects, Overview of Massachusetts Firearm Laws, but the Queers, Queens, child molesters Honored are safe. Paul Revere-you are needed.
—
Keep the change-I’ll keep my guns
They screwed this up ginormously under your watch Bawney Fwank. Their supervisor should be fired, too.
Get a rope…
Thank you Michelle, now I know what to do to get a rasie. I just need to screw up. Be back in a sec. after slapping my boss in the face…..
(10 minutes pass)
…I got fired, who would have thunk it???? I need to run for office for that to work I guess.
I just fell out of my chair laughing..
ArizonaNeanderthal, can you knock it off with the “Queers and Queens” crap?
If I read it correctly, AIG was contractually obligated to pay the bonuses.
Barney, don’t let the facts get in the way of your daily whine now, ‘kay?
But yeah, hearing about AIG giving bonuses, contractually obligated or not, rankles more than a little.
How dare you bring the truth into this????
So does this mean that Barney is gonna give back his “pay raise” or resign his seat?
Well Massachusetts Rep. Barny Frank, you certainly have surpassed all benchmarks of incompetence you set previously.
In your hurry to pass your culpability in the Fannie , Freddie, debacle back to the Bush administration and smoke the sky you forgot to write anything about limits. So now Treasury has complete control. You gave it. Quit pointing your finger at everyone else and man up. Uh , or something like that.
.. and let’s not forget an idiotic idea pushed by a Republican governor / Presidential candidate …
congress need to look no further than themselves…when was the last time you were able to automatically vote yourself a raise?? frankly congress hasn’t earned a raise in years
Congress is out of control. The best thing for the country is to suspend Congress for at least two years. If that works well, then suspend it permanently. It would be a model for countries the world over.
Prosecute the subprime congressional ring leaders and we would be in fat city.
Thanks for linking to that Michelle. I’ve been waiting for the opportunity to opine…
Barney Frank, you are a despicable, disgusting, crooked hypocrite! If your constituents have a brain at all, they’ll get rid of you at the next opportunity.
Folks, Barney Frank’s comments are proof-positive to me that they have completely lost track of what they’re doing in DC and how they got there. Furthermore, they obviously think we’re stupid.
And that would make Obama our King and we obviously don’t need that.
Bravo Zulu AG!!!
That one made me spew a Frostie Blue Cream Soda all over my desk! Thanx, you thilly thavage!
hey barney, maybe you should have looked into all this before you gave AIG all that money. Also you say they should be fired for incompetence, You should be the first to go!!!
– corona
Healthcare spending per capita increases have outpaced the national average by 7% since enactment of comprehensive coverage in Mass.? Who would’ve thunk it!
I can only shake my head. And then it’s topped off with:
“The state expects to spend $595 million more on its health insurance programs this year than in 2006, a 42 percent increase.”
Nice.
Barney Frank is a disgusting POS.
Barney is just shoving the other pigs away from the trough…
This coming from hypocrite millionaire Nancy Pelosi who doesn’t even allow her vineyard/restaurant to unionize.
I don’t understand what they are worried about. They gave AIG the money, AIG gave out bonuses, the government taxes the money and gets it back. What’s the big deal? Perhaps if we were able to keep some of our wages then there would be an issue.
Nothing new about hypocrisy in Congress. How many of them damned earmarks, yet made sure theirs was still in the omnibus bill?
Twice during the Depression Congress cut their pay.
Pot, meet Kettle.
What! You mean these clowns have the temerity to cash their paychecks? I guess there really is no shame left in America.
Is this what Obama was speaking of when he used the word “audacity?”
DO AS I SAY….NOT As I DO…should be the slogan for the democratic party from here on in…..
And as for Barneys outrage at bonuses…didn’t his boyfriend at Freddie Mac walk away with MILLIONS????
How about the “bonuses” that Dodd, Obama, Frank, etc. received in return for their cover-up of the fraud at Fannie Mae & Freddie Mac?
Out of touch, much, Barnacle Frankenfurter? Wasn’t it your crowd that was recently talking about the Pork in the Budget being such a small amount of the over all total? Well, what percentage of $178 Billion, is the $165 Million in bonuses? Yet, you’re all up in the a$$ about the AIG bonuses, but public outcry over the amount of earmarking in the budget is misplaced anger?
Didn’t your butt-buddy, Schumer tell us we should ignore the “small stuff,” and the inconsequential? So, when is doling out $168,000,000 in bonuses any different than doling out the same amount in taxpayer money to the F.O.D.’s?
Franks has the audacity to proclaim “accountability for thee, but not for me!” Of course he can’t be voted out, because to do so would be anti-gay, right?
Let’s not forget that the majority of so-called “elected” representatives are taking bribes from lobbyists, PACs, and a myriad of special interest groups. Tom Daschle was a two-bit lawyer from South Dakota,but when he left Congress some years later (felt like a hundred years to me), he was a millionaire. How does that happen when they make approximately $165K a year? Remember, next time–NO INCUMBENTS!