Wednesday, March 18, 2009

Politics as normal

I've been watching a bit of the AIG CEO, Edward Liddy, explaining to Congress why AIG spent $170,000,000 on "retention bonuses". Liddy, who has taken the helm of AIG in Sept 2008, takes only $1 per year as CEO, has no stock options, and has no other financial interest in AIG.

As I've seen the Congressmen grill Mr. Liddy, I realized these are the same yahoos that passed the recent stimulus package that contained more pork than a smoke house on a Friday night.

What hypocrisy! We should be able to grill Congress just exactly like this!
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