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If we had the money that Bush/Cheney and pals made off their illegal war in Iraq, there would be enough money to put a green car in every driveway in America, but why should we expect that kind of common sense from two oilmen and a hive of fascists called Neocons?
Paul Craig Roberts: Was the Bailout Itself a Scam?
www.opednews.com/articles/Was-the-Bailout-Itself-a-S-by-Paul...
Professor Michael Hudson (CounterPunch, March 18) is correct that the orchestrated outrage over the $165 million AIG bonuses is a diversion from the thousand times greater theft from taxpayers of the approximately $200 billion “bailout” of AIG.
Nevertheless, it is a diversion that serves an important purpose. It has taught an inattentive American public that the elites run the government for their own private interests. Americans are angry that AIG executives are paying themselves millions of dollars in bonuses after having cost the taxpayers an exorbitant sum.
Senator Charles Grassley put a proper face on the anger when he suggested that the AIG executives “follow the Japanese example and resign or go commit suicide.” Yet, Obama’s White House economist, Larry Summers, on whose watch as Treasury Secretary in the Clinton administration financial deregulation got out of control, invoked the “sanctity of contracts” in defense of the AIG bonuses.
See what we mean about the false duality of Republican and Democrat?
Nevertheless, it is a diversion that serves an important purpose. It has taught an inattentive American public that the elites run the government for their own private interests. Americans are angry that AIG executives are paying themselves millions of dollars in bonuses after having cost the taxpayers an exorbitant sum.
Senator Charles Grassley put a proper face on the anger when he suggested that the AIG executives “follow the Japanese example and resign or go commit suicide.” Yet, Obama’s White House economist, Larry Summers, on whose watch as Treasury Secretary in the Clinton administration financial deregulation got out of control, invoked the “sanctity of contracts” in defense of the AIG bonuses.
See what we mean about the false duality of Republican and Democrat?
Let The Sun Shine In......
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