Victor Davis Hanson has a proposal – a modest, little one. How about if all of the Congressional demagogues waxing outraged over American International Group do a simple thing:
A modest suggestion? Let us agree on the following: No more corporate fat cats partying, jetting, and bonusing around after their tottering companies got federal cash; and all congressional-people and senators who took any contributions from any corporate or quasi-government entity that is a recipient of federal bailout money, must pay that money back, plus interest, to the government.
That is simple, elegant and very supportable by those of us that do not pull down six-figure, taxpayer-subsidized salaries. I am still disgusted by AIG’s problem, but I would sure like to see a little accountability from the supposed watchdogs in Congress who have been feeding at the trough from these companies and are now wailing about what those companies are doing.
Put up or shut up. Give it ALL back – with interest – or shut up.
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I’m in NYC, the arrogant, affluent, Ivy-degreed snobs forked over huge amounts of campaign cash towards getting Obama elected.
When they were living high on the hog being invited to p. diddy Combs Hampton soirees they thought President Bush was stupid.
Perhaps it is dawning on the affluent, Ivy-degreed that they are First-rate Suckers who willingly bought into the greatest Confidence game ever played.
They wanted Change, now they’re left with pennies on the dollar.