Archive » AIG

Kabuki Theater of Outrage.

Rx.

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 [...]

The Kabuki Theater of Outrage.

Busy with offline stuff today. What’s on your minds?
Here’s a blood-boiler of the morning. Mr. Lonely Tim Geithner — who was instrumental in putting together the wealth-redistributing AIG “rescue” plan — now apparently believes that if he says “pretty please with sugar on top,” the bailout behemoth will cut back on bonuses sure to deepen [...]

Duh.

Screw up, move up. It’s how Obama cabinet officials get ahead. And it’s how Washington’s favored failing businesses get more of your money. The first $85 billion bailout under Bush didn’t work. The second $38 billion under Bush didn’t work. So, hey, how about tossing another $30 billion down the hole?
So much for [...]

The Taxpayers Clearinghouse Prize Patrol travels to NYC, NJ, and Washington to present huge bailout checks to AIG, Citi, and other lucky winners of the bailout bonanza.
Plus: Showering Treasury Secretary Tim Geithner with cash:

Brought to you by the same creative folks who are offering the personal bailout contest at www.right.org.

Who’s next?

R.I.P.

There’s really only one thing to say about tonight’s announcement that the weasel feds have changed their minds and will fork over $85 billion to rescue troubled insurer AIG:
(*$&^(&)%(&)*(^&*%&@!!!@#^@!!!!!!!
I listened to a lot of foolish people praising the government earlier today for not giving in to bailout pressure.
I was not one of them.
Why? Because [...]