Senator Chris Dodd (CT-D) and Representative Barney Frank (MA-D) are clearly ass clowns for letting AIG use bailout money to pay bonuses to executives.
Dodd: Administration pushed for language protecting bonuses
Dodd claims that the Obama Administration pushed him to put language into the bailout bill that protected previous promises for bonuses in fear that lawsuits would result. Dodd, suspicious of the new language, did nothing and believed it was completely harmless. Senator, you are writing laws you don't even understand. It is your primary objective to write laws. If you were suspicious of the new language, why didn't you say something. You failed, congratulations!
Co-Ass Clown of the Week goes to Representative Frank. Rep. Frank, who urged Congress and the American people to support the bailout immediately, is now saying the bailout was poorly written. In leading up to the bailout, Frank made the cable news circuit to tell us that if Congress didn't pass the bailout, the American economy would fail. Really? And now you want to backtrack and say the bailout was written wrong. That's why a lot of people complained that the bailout was never effectively debated in Congress. Way to criticize your own bill without criticizing yourself. Awesome job Barney.
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A bill that forced congress to actually read the bills before passing them would be great. Ahh, here is one!
ReplyDeletehttp://www.downsizedc.org/page/read_the_laws