Congress Fakes Outrage, What Are They Hiding Now?

All this bruhaha over the AIG bonuses is nothing more than yet another faked outrage by liberal politicians (and conservative, may they rot in hell). These bonuses aren’t anything new:

Watching the coverage the past 24 hours, it would seem AIG just made public its plans to give top employees big bonuses. Wrong.

AIG disclosed its retention-bonus program more than a year ago, including bonuses directed to those handling the exotic derivatives that got the company and the country into this mess.

The bonuses were essentially a nonissue when AIG got its initial bailout money, almost $150 billion under President Bush in the two months surrounding the presidential election. Joe Biden, then the vice presidential nominee, came out strongly against the bailout. Obama did not.

Timothy Geithner, then at the New York branch of the Federal Reserve, was a huge proponent and architect of the AIG bailout. So if Obama had strong private opposition to the idea it did not affect his pick for the person who would oversee all bailouts.

The bonuses were again a nonissue when Obama himself increased the bailout to $173 billion last month.

So what are they hiding? What is this new faked outrage covering up? I dread the answer.

Michelle Malkin has more.

Fix the economy, fire Congress by patrioticdissent

This entry was posted on Tuesday, March 17th, 2009 at 1:21 pm and is filed under Dazzling Incompetence, Liberal Insanity, Obama, Obamacrats, Obamaflation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.