Thursday, March 19, 2009

The AIG Debacle

Rome is burning and our leaders are stumbling over each other about $150 million in bonuses. These are the same politicians who have quadrupled the federal deficit since 1980. Reagan and the two Bushes produced three times more deficit than all prior President's (yes going back to George Washington).

$150m million is 1/10% of $150 billion. Politicians no longer even read briefs on $150 billion in spending. Does anyone believe they really care about AIG's bonuses?

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