Tuesday, March 17, 2009

After you, Senator

http://news.yahoo.com/s/ap/20090317/ap_on_go_co/grassley_aig

IOWA CITY, Iowa – Iowa Sen. Charles Grassley suggested that AIG executives should take a Japanese approach toward accepting responsibility for the collapse of the insurance giant by resigning or killing themselves.”

“"I suggest, you know, obviously, maybe they ought to be removed," Grassley said. "But I would suggest the first thing that would make me feel a little bit better toward them if they'd follow the Japanese example and come before the American people and take that deep bow and say, I'm sorry, and then either do one of two things: resign or go commit suicide.”

Excellent idea, Senator. How about this. For starters, let’s have all of the lawmakers involved with changing the laws back in the 90’s, that lead to this mess in the first place, fall on their swords. After that, if there are any loud mouth blowhards left in Washington (any blowhards left? Please, they’d all still be there, but just with more holes in them for all of that hot air to escape out of), then they can call on everyone else to follow their sterling example.

Personally, for me, this issue has jumped the shark. Honestly, I don’t give a rat’s fucking ass about the $165 million in bonuses. I’m a little more concerned with getting repaid on the $170 BILLION that the government has loaned to AIG. See, for you non-financial types, Billion(s) is/are much larger than million(s). And it’s not just because B comes before M in the alphabet. To put it in perspective, everyone is getting all pissed about $1.65, when we’ve misplaced $170. I’m not the smartest guy, but I’d be a little more concerned with getting my $170 back than my $1.65. Maybe that’s why I’m not on Wall Street.

And that’s my 2 cents for the day. Which, with $4.97, can get you a cup of coffee at Starbucks.

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