Thursday, March 19, 2009
OWNING UP TO IT
Claiming full responsibility for the situation, Treasury Secretary Timothy Geithner told CNN today that his office "asked Sen. Chris Dodd to include a loophole in the stimulus bill that allowed bailed-out insurance giant American International Group to keep its bonuses." He said he requested the measure to prevent costly governmental litigation.First class. The manly thing to do. Honesty in government!
Imagine the bushers doing this? Owning up to a mistake?
Or not a mistake. A different interpretation. This is one more example of how to put out a fire. Take away the fuel. This was quickly becoming a "who done it" which is a terrible way to waste resources
Besides, the Congress is going to soak the newly rich bonus babies to the tune of 90%.
End of story.
First "scandal" averted. How refreshing.
Labels: Administration Obama
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