Remember Who Got Us Here
Republicans in Congress are successfully leveraging the AIG crisis to critique and oppose Obama’s budget. Let’s remember that it was the Bush administration and Republican Congress of last session who gave the bailout to AIG (curious, some were allowed to fail, some were given bailouts) and DID NOT cancel the obscene bonuses as a condition of the bailout. This has been a stipulation in bailouts since then, and they could have chosen to do so. Must notta occurred to ‘em.
The unions are always asked to renegotiate their contracts in the best interests of all concerned; but when it’s the “talent” at the top, suddenly everyone’s invoking the rule of law.
Leave a Reply
You must be logged in to post a comment.