Fickle, whiny, prone to throwing temper tantrums. That is our government in a nutshell. Not unlike the mentality of a fourth grader, our government is now in the habit of calling "take backs" when they don't like the outcome of a gift they gave "freely".
As Evelyn Beatrice Hall once wrote, "I disapprove of what you say, but I will defend to the death your right to say it." Well I disapprove of the bonuses AIG is giving out, but I will defend to the death their right to give them.
Very few people, regarding this AIG bonuses situation, are focusing on Congress' nearsightedness. Congressman Chris Dodd wrote an amendment into the AIG bailout that allowed for these bonuses to be paid! Now all of a sudden the politicians are claiming they didn't know it was bad to include an amendment allowing bonuses to be paid with bailout money, like a fourth grader not knowing it's wrong to hit another child.
It's too late now, but the way to prevent these bonuses would have been to never given them the bailout money in the first place. We are supposed to be a CAPITALIST nation, meaning that if a company makes risky business ventures (like loaning money to people with bad credit or no capability of paying it back on time) that fail, then said company should fail as well. The government needs to stop throwing around this "TOO BIG TO FAIL" shit.
To start, it doesn't even make sense. If it was "too big" to fail, then why is it failing? And if it's too important to fail, then why did the government sit idly by before when AIG was making bad business decisions? It's only when the blame starts to fall on Congress, or the administration, that steps are taken to handcuff AIG. It's only when they can't have their way and still be liked (via bailing out a failing company and have public support for it) that they begin to throw their tantrums.
Our congressmen are nothing more then poorly parented children... and unfortunately, We, the people are the parents.
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