These $165 million in bonuses to AIG executives might be the best bargain the taxpayers ever had.
President Obama and much of the country are outraged over AIG paying some $165 million in bonuses to their executives, considering that they've just posted the greatest quarterly loss of any corporation in history (something like $65 billion) and that the US government has handed them somewhere closing in on $200 billion dollars in bailouts. Plus, there'll likely be that much again.…







Article comments
26 - roger nowosielski
I know, Handy, that the storm is being manufactured. But stop defending them, for Christ's sake. It's getting stale. You start sounding like a fucking recorder.
27 - handyguy
All right, I'll say it once more:
I'm. Not. Defending. AIG.
Is that clear enough?
I'm expressing concern about the consequences of the current media-storm -- consequences much larger than the scandal around a specific company.
28 - roger nowosielski
Fuck that. They do it to generate sales in the failing newspaper industries. And the reps do it to discredit Obama. We all know that.
What else can the conservatives do but moan and groan for the next eight years. They've been reduced to Rush Limbaugh types - lots of hot air and no substance.
I'd rather just let it go. We've got a country and a nation to save. All else is bullshit and distraction.
29 - Clavos
We've got a country and a nation to save.
Which is which?
30 - roger nowosielski
Both, Clavos. They're interchangeable.
31 - Clavos
And therefore redundant, Roger.
Which was my point...
32 - roger nowosielski
Form of expression, Clav. Can't resist my literary impulse, in spite of your "blah, blah, blah" editorial advice.
33 - Clavos
Redundancy that's nonsensical is not a desirable literary attribute, Roger.
34 - roger nowosielski
You go your way, I'll go mine.
35 - Clavos
Sure, Roger you don't have to be a good writer if you don't want to.
36 - roger nowosielski
Clavos,
I take everything you say here with a grain of salt. Remember, it's only a virtual reality. I was you who said it, not I.
37 - Jordan Richardson
Alright guys, put your penises away. Take it easy.
38 - Clavos
That's fine, Roger, you never will learn how to write well, anyway -- you're too impressed with yourself.
39 - roger nowosielski
I'll take your comments seriously, my friend, once I'm convinced you have my interest at heart.
Not until.
40 - Clavos
You go, boy!
41 - roger nowosielski
Your own words, Clav.
It's virtual reality, nothing more.
42 - bliffle
Clearly, the tax bill introduced in congress is a Bill Of Attainder, which even the atrophied legal sensibilities of the various assembled congresscritters must realize will be rejected with guffaws by the courts. Therefore, it is nothing but posturing.
How cynical of them. But then I suppose they have accurately calibrated the gullibility of the US voter.
43 - Dan(Miller)
Bliffle,
Although I agree that the whole thing is posturing, I am less confident than you appear to be that the thing* is a bill of attainder. There haven't been a lot of cases involving that sort of thing, and as I understand the situation it could go either way; it will probably be held to be OK. I have no idea what changes the Senate will make, or what the conference committee will do.
In any event, I would prefer to see the funds used for bonuses recouped from the companies paying them, instead of from the recipients.
What the whole mess has done is show, even our rather dense congresscritters, I hope, that passage of an humongous bill such as the stimulus package, without studying or even reading it, is stupid. They appear to have relied all too heavily on their betters in the administration, are now suffering some of the consequences, and are pointing fingers in every direction except at themselves.
If the next major piece of legislation coming down from on high is passed under similar circumstances, and a newsworthy flaw is found, the anger currently on display will, and should be, exceeded by an order or two of magnitude.
I hope it doesn't come to that.
Dan(Miller)
44 - REMF(MCH)
"We've got a country and a nation to save."
"Which is which?"
The country is Iraq, and the nation is Red Sox.