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Big Bonus
By Demosthenes | March 18, 2009
We must be careful not to fall victim to calculated efforts to distract us. Yes, it enrages us to hear that AIG would pay out bonuses to the very people who got us in this mess to begin with, but that let’s keep it in perspective. We’re talking about $160+million, representing 1/10 of a percent of the cash infusion we’ve given them. Stopping the bonsues or getting it back will have ZERO affect on our economy. This is on the scale of a rounding error.
What’s really happenng is we’re allowing these opportunist polliticians to make their play as populists. They don’t get that opportunity very often, so that’s why you see them scramble for the camera every time one of them gets near.
The Democrats are the ones scrambling the most. They realize this is causing damage to the image of “the annointed one,” and it scares them. It will likely cause trouble the next time they try to go on yet another spending spree, and they are simply scared to death.
Don’t let it fool you. When you see the likes of Sen Dodd, boldly chastising AIG for sending out bonuses, you should automatically be suspicious. After all, it was his amendment that specifically called for allowing the bonsues to take place.
Topics: General | 2,342 Comments »
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