March 18, 2009

AIG debockle - our government has become a despot tryannical regime!

http://michellemalkin.com/2009/03/18/the-kabuki-theater-of-aig-outrage/#comments

The Kabuki Theater of AIG Outrage
by Michelle Malkin
Creators Syndicate
Copyright 2009

 

All the world's a stage, wrote Shakespeare, and in the world of Washington, the curtains have opened on the most elaborate farce of the year. Welcome, taxpayers, to the Kabuki Theater of AIG Outrage – where D.C.'s histrionic enablers of taxpayer-funded corporate bailouts compete for Best Performance of Hypocritical Indignation.

Over the weekend, cloaked in their finest populist costumes, the Beltway's hair-sprayed and powdered politicians and White House aides took to the airwaves to inveigh against $165 million in employee retention payments paid out by the government-backed insurance giant. Those bennies were reportedly part of a larger $450 million round of bonuses. After subpoenaing AIG, New York Attorney General Andrew Cuomo informed Congress that 73 employees in the very division responsible for the financial meltdown received bonuses of $1 million or more – 11 of whom left the company after getting the cash to retain them....

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Pete Hoekstra Everybody bashing AIG. How did we get in a position that this could happen from a govt and business standpoint. Something is really wrong.

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my comment on all this:

This is a shell game.  watch the shell and don't watch the coupe datant.  Nationalism of all Companies, busniess is on stage and being done, while the populis is drawn in on emotion.

First off, the AIG bailout and most spending in Washington is unconstitutional.
 
Second, the Feds have no authority to control the company, any company, as even if they gave them 100% of value, it is still private. And the Constitution says that the Federal Government nor anyone can make a law causing any contract to be made void.

The problem here is, our government has become a despot tryannical regime!
 
R. George Dunn

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