The ABCs of AIG

By Doug Powers

There are now bus tours of the homes of execs from AIG, the company that should change its name to “Red Herring, Inc.” Congratulations, Congress and President Obama – most people are taking the bait.

The government’s new catch phrase should be, “When accountability takes a holiday, it takes Greyhound! Now with a new AIG route!”

The government’s plan is brilliant in its conception and execution: Spend years tweaking the educational system in the country so people are no longer able to distinguish their rear end from a hole in the ground, and then they will believe whatever they’re told, provided the information comes from those same caretakers.

Here’s the AIG “scandal” in simple language, with the government starring as person “A,” you the taxpayer are person “B” and AIG is person “C”:

A stole B’s money, and gave just a fraction of it to C.

C was frivolous with the money, so B told A to be furious with C for misusing his money.

Then B forgot, due to numerous factors (including mass confusion and that his childhood education just happened to be provided by A), that the trouble with C wouldn’t have happened if A hadn’t stolen B’s money in the first place.

What happened to the people who used to say “never trust anyone over 35” and “don’t believe a word the government says”? Simple – they’re now in charge of the government.

Congress has gotten to the point where it’s almost impossible to sort out the hundreds of crooks, swine, ethically corrupt and morally bankrupt bunko artists from the three who aren’t – and I’m being generous in the latter estimate. There’s so much scum coming from Washington these days that even bathing in EZ-Off every morning wouldn’t get the second-hand grease and grime off.

The comic relief of watching a group of hypocrites who should have resigned long ago point fingers at everybody they say should resign helps ease the stress of some days, but it’s getting old.

Sen. Chris Dodd, D-Conn., formerly known as the top slice white bread in a waitress sandwich at the Camelot Deli, admitted he played a role in a law allowing AIG execs to keep their bonuses. As all politicians do – after they’re caught – Dodd says he’ll return money AIG execs donated to his campaign. There’s no word on whether many other politicians, including Obama, will give back their AIG donations.

Possibly the biggest mass of free-range sleaze in this whole sordid tale is the despicable representative with a speech impediment that can only be caused by constantly putting his foot in his mouth – I speak of course of Rep. Barney Frank. This guy needs to be made to go make his own way in the private sector, and soon. All-male houses of ill repute aren’t particularly palatable to average Americans, but they’re legitimate businesses compared to how Barney Frank is making his current living pimping taxpayers.

It’s virtually impossible to overstate how disgusting Barney Frank is. Yes, the same Barney Frank who just a couple of years ago said that Fannie Mae and Freddie Mac “are not in a crisis” is in charge of fixing a crisis he didn’t see coming so it doesn’t happen again. Huh? This can’t end well.

Incidentally, remember that nearly $1 trillion stimulus bill? The one that Congress “didn’t have time to read” before it passed it? According to Rep. Eric Cantor, “If you voted for the stimulus bill, you allowed the provision to go forward which stopped the government from disallowing these (AIG) bonuses.”

The same members of Congress bashing AIG execs are the same people who voted to allow AIG to wallow in our cash. Directing anger toward AIG instead of the government and letting Barney Frank investigate it all is like blaming the rocks for the Exxon Valdez spill, then asking the captain of the ship to investigate how to prevent the rocks from ever covering themselves in our oil again.

If any intimidating “bus tours” are to take place over this, let them be to the homes of members of select cowardly members of Congress who blame everybody else for their crimes and incompetence. Pretty soon they’re going to run out of greedy business executives to blame for our country’s financial troubles, and then guess who’s next?


Doug Powers

Doug Powers' columns appear every Monday on WorldNetDaily. He is an author and columnist residing in Michigan. Be sure to check out Doug's blog for daily commentary and responses to select reader e-mail.

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