The AIG Scandal Leads Right To Washington
How do you know a politician is lying? His(her) lips are moving. A common political joke that often is a little closer to reality than one would like to believe.
It's quite amazing to me the rhetoric coming out of Washington over the AIG bonuses. The Federal government basically owns AIG. It was quite easy to write terms into this bailout. Or any of the bankster's other crass behavior with our money. That wasn't done because politicians didn't want to offend the very hand that feeds them - the finance industry. Now they cry foul. A very hollow cry. I've become completely deaf to anything said in Washington until I see real actions.
Washington created this crisis. Every single problem in the American economy originates in Washington. And I do mean every single one. Now the government is going to save us? No. The reality is far different. They see what regulatory changes, law changes, policy changes and political favors have done to the economy and now they are trying to save their own ass by covering up their complicity. No easier way to do this than throw the American people's money at the problem in a last ditch effort to hide the truth from the American people.
Politicians are in the other people's money business just like bankers. Politician's spend other people's money on projects that, in return, give them yet another person's money. In other words, politicians spend our money on pet projects or to affect rules changes or to steer policy in a direction beneficial to a special interest or to deregulate the banking industry so companies can steal from society or whatnot to get lobbyist donations, campaign contributions from those benefiting, crony jobs when they leave government, paid vacations and on and on and on. This is all easily fixed. It's called publicly financed campaigns and transparency. But, the only people policing the process is the American people. We must demand change in Washington. Not rhetoric. Change. Ain't no substantial change in what needs to be changed regardless of the rhetoric and the enthusiasm for a new President.
Today we actually had a politician remark that AIG executives might consider committing suicide to paraphrase the remarks. We need reform but we don't need this type of rhetoric from a politician. The last thing we need is political rhetoric that whips someone into a frenzy because of this crisis. Someone that then goes out and does something terrible to exact revenge.
Interestingly, at the title link above, we see that some of the most vocal politicians speaking out against AIG are the ones who have benefited the most from AIG's donations over the years. This highlights another primary skill of politicians - talking out of both sides of their mouth. Not to be confused with lip service. We'll talk more about lip service later.
It's quite amazing to me the rhetoric coming out of Washington over the AIG bonuses. The Federal government basically owns AIG. It was quite easy to write terms into this bailout. Or any of the bankster's other crass behavior with our money. That wasn't done because politicians didn't want to offend the very hand that feeds them - the finance industry. Now they cry foul. A very hollow cry. I've become completely deaf to anything said in Washington until I see real actions.
Washington created this crisis. Every single problem in the American economy originates in Washington. And I do mean every single one. Now the government is going to save us? No. The reality is far different. They see what regulatory changes, law changes, policy changes and political favors have done to the economy and now they are trying to save their own ass by covering up their complicity. No easier way to do this than throw the American people's money at the problem in a last ditch effort to hide the truth from the American people.
Politicians are in the other people's money business just like bankers. Politician's spend other people's money on projects that, in return, give them yet another person's money. In other words, politicians spend our money on pet projects or to affect rules changes or to steer policy in a direction beneficial to a special interest or to deregulate the banking industry so companies can steal from society or whatnot to get lobbyist donations, campaign contributions from those benefiting, crony jobs when they leave government, paid vacations and on and on and on. This is all easily fixed. It's called publicly financed campaigns and transparency. But, the only people policing the process is the American people. We must demand change in Washington. Not rhetoric. Change. Ain't no substantial change in what needs to be changed regardless of the rhetoric and the enthusiasm for a new President.
Today we actually had a politician remark that AIG executives might consider committing suicide to paraphrase the remarks. We need reform but we don't need this type of rhetoric from a politician. The last thing we need is political rhetoric that whips someone into a frenzy because of this crisis. Someone that then goes out and does something terrible to exact revenge.
Interestingly, at the title link above, we see that some of the most vocal politicians speaking out against AIG are the ones who have benefited the most from AIG's donations over the years. This highlights another primary skill of politicians - talking out of both sides of their mouth. Not to be confused with lip service. We'll talk more about lip service later.
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