Congressional Lynch Mob
March 17th, 2009
Just read this article on First Read from MSNBC. Do our representatives realize that the AIG bonuses ($165mil) are 1/10 of 1% of the money AIG has received?
Members of Congress should realize that they are just as accountable in this fiasco. After all, they relaxed the regulations that created the credit default swaps in the first place. Before that, AIG was purely an insurance company.
It is inappropriate for our elected officials to keep up the rhetoric – suggestions of suicide – without first looking in the mirror.
Related posts:
Along the same lines, today’s xkcd comic: http://xkcd.com/558/