Thursday, March 19, 2009

Obama ... Messes

Way ta go Obama! You're The Man ... one of vision, one of keen intellect, one of ... oh well, you're just the ONE.

House Passes Bill to Punish A.I.G. Bonus Recipients

Published: March 19, 2009, New York Times
WASHINGTON — Spurred on by a tidal wave of public anger over bonuses paid to executives of the foundering American International Group, the House voted 328 to 93 on Thursday to get back most of the money by levying a 90 percent tax on it.


When no one at AIG wants to work there to finish winding down the remaining 1.6 TRILLION - do you get it Obama ! - that's TRILLION dollars - of derivatives exposure; what Warren Buffet calls weapons of financial destruction (WFD) and their performance suffers we all end up footing a needlessly more expensive bill or God, Forbid, - AIG actually collapses then we get to kiss anywhere from 80 to 170 Billion goodbye for naught and who knows what ensuing damage to the economy.

All because you couldn't rise up above the vitriol and lead !

Oh, hell, I forgot ... financial ruin, class warfare, institution destruction, constitutional crisis, panic, fear ... they're all necessary for your Socialist agenda ... silly me.

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