Frank: AIG is 'rewarding incompetence'

AP via MSNBC ^ | 16 March 2009 | AP

[An.American.Expatriate]

Rep. Barney Frank charged that a decision by the financially strapped insurance giant, which is 80 percent owned by taxpayers, to pay millions in executive bonuses amounts to "rewarding incompetence."

[DonGrafico]

“rewarding incompetence”

Same as your constituency, Barney.

[careyb]

'rewarding incompetence'

That's what happens every time Barney Frank gets re-elected.

[70th Division]

Barney you fudge packer. You just took a pay raise.

[Vaduz]

‘rewarding incompetence’ or as we call it reelected.

[EnigmaticAnomaly]

""rewarding incompetence."

The liberal welfare state in two words."

Amen brother! Might I steal this as an update to my tag line, kind sir?

[bamahead]

It’s all yours!

[davisfh]

"Frank: AIG is 'rewarding incompetence'"

So what, Barney. We, the taxpayers, are rewarding criminality every time you receive your paycheck.

[umgud]

BTW, I heard that AIG guarantees the congressional pensions. I wonder if this had anything to do with their bailout?

[Enough is ENOUGH]

Repeal Stimulus Bill $787,000,000,000.00 Let your congressman know that we are not going to be gang-raped by incompetent representatives who pass mega spending bills without reading them and forcing our economy into a near bankrupt position.

B Frank and his liberal reps are just as incompetent as he labels AIG execs. This is the pot calling the kettle black.

[brytlea]

We reward incompetence every day we pay Barney a salary. Apparently it’s the American way.

[csmusaret]

rewarding incompetence

Re electing incumbents in two words.

[kevinm13]

The bonuses that have been paid are one-tenth of one percent of the bailout money from the feds and AIG was contractually obligated to pay it out. Not one cent of salary or benefits have come under scrutiny and this should be in the same category. Future bonuses are up for grabs, but not these.

Methinks Barney Frank needs to redefine incompetence by looking in the mirror.

[so_real]

Nice !!!

[dixiechick2000]

[mort56]

The blind leading the blind

[anoldafvet]

This from the poster child for incompetence.

[TruthConquers]

HAHAHAHAHA!!!!!!!

Paying taxes is rewarding incompetence!

[Reagan is King]

Barney Fwanks doesn’t mind wasting billions every year paying people that do absolutely nothing but sit on their cans and avoid work so why should this bother him?

[ducks1944]

The old saying to Barney, President & Congress “It take one to know one”!

[beachn4fun]

The bonuses that have been paid are one-tenth of one percent of the bailout money from the feds and AIG was contractually obligated to pay it out.

All the more reason the Feds should have let them fall.

IMO, it's still paying for incompetents when bonuses are paid out when a company is failing. If you are not doing an excellent job than you should forfeit the bonus.

One financial/insurance company going under WILL NOT destroy America. And, I still hope the Justice Dept or IG or Congress or whoever investigates this company.