EckerNet.Com

The big news today is that AIG is giving bonuses to executives at the same time as they are depending on public bailout funds to stay afloat.  The outrage is understandable and predictable, it sends a bad image and demonstrate a complete lack of responsibility for the plight of their company.  What\’s truly amazing, however, is where this phony bullshit outrage is coming from.

President Obama is attempting to restrict what bailout funds can be used for.  But only a short while ago, President Obama was threatening to veto any attempts to impose tougher restrictions on the use of TARP funds.

Treasury Secretary Geither, who cheated on his taxes, is now lecturing other people about personal responsibility?

Rep. Barney Frank, the same guy whose ineptitude partially caused our current recession, is now claiming we should fire AIG executives for their screwups.  Amazingly he doesn\’t include himself in that group.

Senator Dodd, seeking to tax the bonuses to recoup the money after the outrage, even though he had added an exception to the bailout legislature specifically exempting these same bonuses.

Just another example of the fact that Obama really has no idea what he\’s doing.  Which is pretty easy to have happen when you put up a man with no experience who has no central principles, other than his narcissitic nature.

UPDATE: Added reference to Dodd