Checking the MSM today (needed lysol after the trip) even they aren’t spiking this story, it’s too big. Many are even reporting that Fannie and Freddie will be giving out bonuses.
I think what happened was a group of reporters seeing Obama’s falling numbers believed, initially, that the AIG story would draw public support to Obama and against AIG (evil corporations and profits type thing) instead it backfired on them, both Obama and AIG took hits.
Now, the story is too big and too out there for them to retreat. Until those in power figure out who will be the scapegoat in all of this, the media will give just enough information to satisfy the publics “needs” but not enough to hurt Obama more.
Once the scapegoat is decided I fully expect complete and utter destruction on that person by the media.
I second your analysis.
Make that a twofer...Dodd and Frank. If those two get it, I'll take my cotton candy home from the big shoe and dream sweet dreams for days.
It will be one of Chris Dodd’s staffers that ‘changed the ammendment’. She or He will be fired and given lifelong salary and benefits for keeping there mouth shut.