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March 22 Just what grade is Obama in?I mean, if this isn't a gaffe, there are no gaffes. Obama was heard comparing AIG Employees to Suicide Bombers. Seriously, this sounds like some ignorant little high school cheerleader, not like the leader of the free world. Here's the quote:
The article breaks it down on why this is inappropriate coming from the President of the United States.
The funny thing is, he and his party is as much responsible for the current AIG issue of bonuses as the people receiving them. We find out that these bonuses were actually provisioned for in the initial stimulus package by Senator Chris Dodd (D). Never mind that Dodd along with Obama recieved more campaign funds from AIG than most any other politicians. So, now they are going to target all bonuses as a result of this and make more of a mess of things.
What makes me absolutely sick to my stomach about this whole thing is that the employees of AIG are genuinely afraid for their lives. And from this post from Michelle Malkin, it's apparently warranted. The sickening thing, to me at least, is that Obama and his cronies over in Congress did nothing to calm the situation down. Nothing! In fact, from the quote above, and Barney Frank's questioning of AIG's CEO they could care less that they are fanning the flames of anger. Which makes what Obama said above even more inappropriate.
See, here's a couple of things that very few people are talking about. First if the Government let AIG fail and subsequently handle AIG through bankruptcy the bonuses wouldn't have happened. Second, of all the emergency funds that AIG received, as much as 30 BILLION of the emergency funds was used to help foreign banks. What kind of agreement was used for those banks? What kind of guarantee did the US Government get for those funds? These types of questions will likely never be answered because of the attention to the Bonuses.
Hold on to your wallets America! Trackbacks (1)The trackback URL for this entry is: http://meddle.spaces.live.com/blog/cns!1A65E8B8A52CA36A!984.trak Weblogs that reference this entry
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