Why do the Dems scream and yell?
Why are the dems screaming and yelling about the AIG bonuses when Dodd (a dem) just admitted that they 'inserted' the language themselves?
Dodd just admitted on CNN that he inserted a loophole in the stimulus legislation that allowed million-dollar bonuses to insurance giant AIG to go forward – after previously denying any involvement in writing the controversial provision. .
“We wrote the language in the bill, the deal with bonuses, golden parachutes, excessive executive compensation that was adopted unanimously by the United States Senate in the stimulus bill,” Dodd told CNN’s Wolf Blitzer this afternoon.
“But for that language, there would have been no language to deal with this at all.”
http://news.yahoo.com/s/politico/20090318/pl_politico/30833
Link to the story.
Donovan, are you seriously trying to tell me that Obama signed it without a hint of knowledge?
At a congressional forum on Jan. 7, House Speaker Nancy Pelosi explained the urgency this way: "Nothing could be clearer than the fact that we need action and we need action now. A failure to act quickly can only lead to more job losses and more economic pain for Americans. If we act boldly and rapidly, we can begin to create new jobs and opportunities today and strengthen our economy, as you said, for the long run."
Maybe, just maybe if the administration, including Pelosi, and Obama (the two you mention) had not been pushing so hard to get it through, we would have had tiem to review it carefully, and make changes taht would have avoided the AIG bonus issue.
Sugara Bear.
Good point, and to top it off, it is CNN, which tends to lean to the left as much as Fox leans to the right.
Joan,
"They" did make an attempt. They at LEAST attempted to slow the process down, see my response to Donovan.