“Ever heard of Bills of Attainder? Check out Article I, section 9, clause 3 of the United States Constitution.”
Bawney Fwank, in the hearing this morning, just said “since we own them, we can vote the bonuses out...” what an opening...since we own these corrupt midgets in Congress, shouldn’t they be voted out? Now Dodd is trying to lay it off on Geithner, who will try to lay it off on Summers...Summers finally admits Geithner knew about it and consulted him and “they bravely went easy on AIG so they wouldn’t destroy the company...”
I agree that the entire Congress and Administration deserve to be tossed out with the dirty water. But all this attention on the AIG bonuses which are legitimate, albeit grossly large, takes the focus away from that simple fact.
If Congress had never gotten into the bailout fiasco to begin with we wouldn’t be where we are today. That’s where the focus should be...