I voted for it before I voted........ take 2

[NotMyKid]

Some of the worst blows came amid the furor over $165 million in bonuses American International Group Inc. paid some of its employees while receiving billions of dollars in federal bailout money. After first denying it, Dodd admitted he agreed to a request by Treasury Department officials to dilute an executive bonus restriction in the big economic stimulus bill that Congress passed last month. The change to Dodd's amendment allowed AIG to hand out the bonuses and sparked a blame game between Dodd and Treasury Secretary Timothy Geithner.

news.yahoo.com/s/ap/20090320/ap_on_go_co/dodd_on_thin_ice

[lpcalihawk]

Those 2 fucked up, no doubt. Geithner has taken responsibility. Taking responsibility for a mistake.......that's something new out of an Administration.......

[NOTTHOR]

Well, the 90% bonus tax will "fix" everything.

Watch oil prices over the coming weeks, Treasury is releasing a tsunami of cash right now. The dollar will get crushed and inflation will probably get rolling. Ticker symbol USO - Long crude futures. Heck, inflation was actually already 5% annualized in February and now Treasury's trying to fire up more inflation with their bond and CMBS purchases. Much like I don't blame the egregrious monetary mismanagement of the past 20 years on Dubya or Clinton, I don't blame it on Obama, either, it's not a political issue, but call me nuts when I say I'd rather have the government analyze the effects of a trillion new dollars in circulation than pissing and moaning about $165 million in bonuses. Nice head fake by the pols, though. It's like when Dubya announced his Mars mission during the height of the Iraq War. Everyone completely forgot about the war. Remember? And according to Schumer, no one cares about the little porky things, like a billion here, billion there. Nope, those bonuses are the real pressing issue of the day.