Shepherd Smith Simplifies The AIG Issue–UPDATED

The issue isn’t greedy bankers. The issue is Chris Dodd giving the bonuses. The issue is also finding anyone willing to jump on a sinking ship to try to save it. Most people balk for obvious reasons. Thus, the bonuses.

By the way, Obama knew, Congress knew. They OWN AIG (80% Owners), so they are paying attention in that ADHD government way of paying attention.

UPDATED:

Ace talks about Obama talking about taking responsibility–in a theoretical sense, of course. In reality? Not so much responsibility taking by Obama. His first job is to conflate Republicans (who have zero involvement in this mess except as follows) with Democrats:

You be the judge:

President Barack Obama said he will take the blame for bonuses being paid at American International Group Inc. if it will settle an intense finger pointing under way over how such payments were possible at a company that has received tremendous taxpayer aid.

“Washington is all in a tizzy and everybody is pointing fingers at each other and saying it’s their fault, the Democrats’ fault, the Republicans’ fault,” he said at a town hall meeting Wednesday.

The Republican’s fault? The only Republican in this mess is Olympia Snowe, whose contribution to the bill was language prohibiting the controversial bonuses.

It was a Democrat, Chris Dodd, who changed that language to permit the bonuses, at the behest of a Democrat, Tim Geithner, who was appointed by another Democrat, Barack Obama.

So who the fuck exactly is saying it’s the Republicans’ fault except for our graciously blame-accepting president?

People believe this man. Still. Do people not recognize a bull-shitter when they meet one?

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Tags: Economy • Government • Obama • Taxes