Saturday, March 21, 2009

From the gallery: The buck stops where?

Enough already! Whether or not you were a supporter of the bailouts, recognize that they happened. And now, with AIG, we've got folks forming quasi-lynch mobs protesting the bonuses received by AIG executives. One problem here folks: your elected representatives signed off on those bonuses. Once the bailout happened, your elected representatives became the the de facto "execs."

So if you've got righteous anger, aim it at the folks on Capitol Hill (yeah, the same ones trying to deflect the blame right now by stoking up the class warfare rhetoric against AIG). They could have nixed the bonuses. Lord knows they had the leverage. Instead, they signed off. But instead, we see folks grabbing the torches and pitchforks and heading after AIG execs.

I'd love to see half that righteous anger directed at the Congress who truly deserves it. After all, they gave away 10 times the bonus money in other bailouts that won't be accounted for. At least we know where the AIG guys are and where the money is. Where's the anger about all the rest? Where are the mobs descending on Capitol Hill.

At least that's how it look from here.

No comments:

Post a Comment