Yes, they’re awful, those pre-existing bonuses for employees who are apparently responsible for an extremely massive financial meltdown, in some part, large or larger, but, where were Barack Obama and his hired “experts,” including his useful fools in the Democrat-majority Congress, when oversight was required?
The answer to that: no where to be found while Obama partied in Chicago with wife and martinis and took three days to sign the financial bailout legislation he had up to that party-weekend deemed a “dire emergency” (so ‘get it to me immediately without deliberation‘ was his cry at that time, which was only about a month or more ago). Had there been a sensible, non-Obama-hysterical handling of AIG and other organizations, they’d have run their course into bankruptcy and re-emerged, if properly handled, into a profitable process afterward, with things such as these pre-existing contractual bonuses being expired in that sensible process.
But, no, Obama had to have his billions of taxpayer dollars without many to any questions asked. And NOW he has the audacity of dopiness to complain about the results?
What that Obama-hysteria appears now to have involved is that Obama “emergencied” the billions of taxpayer dollars through Congress because he wanted to avoid oversight. Namely, identifying things like the AIG pre-existing, contractual employee bonuses put into motion before Obama funneled the billions of dollars their way.
So Obama complaining NOW about this — shock, surprise, awe, why wasn’t I informed — rings hollow.
My suspicions are that there’s more than a pile of garbage smoldering there in the financials that the Democrats and Obama specifically do not want identified. Thus, the “rush” or “emergency” to waste billions of dollars without oversight. So few to no one publicly would peel back the wrappers and find the stinky mess that created the pile of garbage in the first place: namely, Fannie Mae and Freddie Mac and the Democrats “race-based” loan demands (home mortgages based upon race without regard for credit-worthiness, which is not a loan at all but an ethical perversion).
And guess who was head of Freddie-Fannie when this ethical perversion was being hustled? Rahm Emanuel, that’s who, with eager equally ethically-perverse Democrats opening the necessary doors to make the garbage possible.
Suddenly, Obama is “outraged.” He’s outraged because he doesn’t want anyone to look too closely at his own pile of stink. AIG is but a deflection.
Oh, for Heaven’s sake: Barack Obama as the biggest idiot ever or master criminal, you decide — “WHITE HOUSE MAY ADD MILLIONS IN BONUSES TO AIG TAB”
And, to state the obvious:
…leaving me to wonder, Obama got his — and all of that on the taxpayers — so why the resentment at the profits of others? Is this the “change” he had in mind, he and his peers get what they deem is theirs, everyone else pays up?
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