washingtonpost.com - 3/17/2009
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Fed Decided Payouts Couldn't Be Stopped Washington Post Staff Writers Tuesday, March 17, 2009; Page A01
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Obama, military, villain-of-the-week, parties, Leno, hypocrisy
Mommy Life —
... Obama vilifies Rick Santelli one week, Rush Limbaugh the next - then this week AIG execs. When have we ever seen our government attacking private citizens like this? How can they accuse conservative talk radio of inciting hatred and violence when AIG had to hire security guards for their offices today because after Obama's curse, the death threats started rolling in. ...
AIG, UAW, TARP: The Taxpayer Drowns in Alphabet Soup
Pajamas Media —
... prevail. [image] Clearly, the bailout of AIG was a mistake. Not because they paid out contractual bonuses when the taxpayers owned 80% of the company, but because no company is too big to fail. AIG should have filed Chapter 11 bankruptcy and then the light of day could have exposed the problems. If that had happened, today we would already be six months down the road to reorganization. Yesterday, everyone from President Obama to Senator McConnell to the convenience store clerk was outraged about the company bonuses paid out. I understand the sentiment, but it is emotion — or ...
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