Everybody’s ‘outraged’— really ‘outraged’
Frothy Democrats remain fully outraged — outraged, I tell you! — at the AIG bonuses. But it's hard to sympathize when you know that Sen. Chris Dodd slipped into the "stimulus" bill language that authorized the bonuses. Sen. Harry Reid and Rep. Nancy Pelosi rushed to enact the bill without reading it. These also are the bonuses that the Obama administration, with zero credibility, says it never saw coming.
Truth is AIG and Democrats have a long and unseemly relationship. For the AIG outrage of the day, check out this link on AIG campaign contributions. And, as always, make sure you've taken your blood pressure medicine before reading.
In the meanwhile, Michelle Malkin writing in today's N.Y. Post highlights the thrust of yesterday's blog item. Headlined "Spare us your fake fury, DC hypocrites" she writes:
"Democratic Sen. Chris Dodd of Connecticut, the corporate crony who is the largest recipient of AIG donations, is now leading the charge to tax the retention payments in order to recoup the $450 million the company is paying to employees in its financial-products unit.
"But Dodd, it turns out, was for protecting AIG's bonuses before he was against them.
"Fox Business reporter Rich Edson pointed out that during the Senate porkulus negotiations last month, Dodd successfully inserted a teeny-tiny amendment that provided for an 'exception for contractually obligated bonuses agreed on before Feb. 11, 2009,' which exempts the very AIG bonuses Dodd and others are seeking to tax."
"Pay no attention to what his left hand was doing. Dodd's right fist is pounding mightily, mightily for the sake of the taxpayers. The hypocritical indignation on the Hill is bipartisan ...
"If Washington's newfound opponents of rewarding failure want to do taxpayers a favor, how about giving back their automatic pay raises? How about returning all their AIG donations?
"How about taking back all the bailout money to all the failed enterprises, from Fannie Mae and Freddie Mac to AIG, the automakers and the big banks? Barry? Harry? Nancy? John? Chris? Bueller? Bueller?"
I'd say Michelle's got the "outrage" about right.
