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!


Monk-in-Training said...

we get to, every 2 years. :)

I don't know how to make it much better, a monarchy or dictatorship would be far simpler, but even less...responsive... to the needs of the country.

sigh, come Lord Jesus.

Rick Boyne said...