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."

[An.American.Expatriate]

Me thinks that the Bailout itself was akin to "rewarding incompetence".

[Eric in the Ozarks]

Barney has no room to talk.

[Natural Law]

From looking at the composition of Congress so is the American voter.

[A_Former_Democrat]

Congress also rewards incompetence, Barney.

[rabscuttle385]

bump

[The_Victor]

"rewarding incompetence."

The voice of an expert on the subject.

[PGalt]

Barney the dinosaur sitting in Congress would do less damage than this assclown.

[JudyinCanada]

That’s what is being done every time those guys get a paycheque.

[bamahead]

"rewarding incompetence."

The liberal welfare state in two words.

[xcamel]

It’s called “reelection”, Bawny...

[so_real]

The pot calls the kettle black ...

[maggief]

“Maybe it's time to fire some people,” he said. “We can't keep them from getting bonuses but we can keep them from having their jobs. ... In high school, they wouldn't have gotten retention (bonuses), they would have gotten detention.”

[bossmechanic]

The fact Barney is not yet in jail attests to the fact that the incompetence is rewarded.

[boomop1]

Barney is the zenith of incompetence.

[bearsgirl90]

amounts to "rewarding incompetence."

I read this and thought,"Hummm.....like those people who didn't read their mortgage agreements?"
Unreal.

[Ev Reeman]

Barney Frank should know a lot about rewarding failure as he’s one of the biggest proponents of failure around!

[Jeff Head]

Pot, kettle, black...from Barney the-queen-Frank.

NOW WE KNOW WHAT A COMMUNITY ORGANIZER DOES

OBAMA, THE STOCK MARKET, AND ENERGY

[Gator113]

“rewarding incompetence.”

Politicians being their example, Franks making the comment.... Priceless.

[FormerACLUmember]

My head explodes at the hubris of this sub-humanoid.

[musicman]

"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." "