From anger to madness: A class-warfare crazed government mob is running amok
Michael Goodwin (New York Daily News.
Everybody makes mistakes, and I made a beaut the other day. I was wrong to call members of Congress blow-hards and buffoons and declare them worse than useless.
I was too kind.
I should have said our representatives are gangsters in pinstripes and pearls. They are petty tyrants and the more power they grab, the more at risk we are. Homeland Security should flash Code Red any time this Congress is in session.
It is twilight in America now. The House vote to use the tax code to retroactively punish bonus babies was an act of sheer madness. What started as phony outrage at AIG has crossed the line into insane policy. It is stunning that the vote was lopsided and bipartisan.
The Senate is itchy to go along, and President Obama says he's ready to tighten the thumbscrews on the banks. Is there no adult who will bring a straitjacket?
We should all be very afraid. Class warfare is mere predicate for a witch hunt that, once unleashed, will not stop with misbegotten wealth. It will punish success and stifle innovation. Dissent will invite dishonor.
That Congress is a gang of cheap connivers is not news. Chris Dodd, Charlie Rangel, Charles Grassley, Barney Frank - they have been national embarrassments for years.
But now they are dangerous, emboldened by public fear and anger. They know nothing, but have power and smell opportunity for more.
Missing in action is the Barack Obama who vowed to unite the country around common values. Lately he has been the very opposite of the man he promised. Instead of hope, many have a growing fear of the arrogant government he leads.
Obama is smart, quick and charming, and, as he showed on "The Tonight Show," owner of a thousand-watt smile he can deploy at will. He silkily manages to make the ridiculous sound reasonable. When he insults the Special Olympics, he is forgiven.
Yet even "Tonight" host Jay Leno broke from full flattery to reveal his qualms about the meaning of the bonus tax. "Here's something that kind of scared me," he said. "If the government decides they don't like a guy, all of a sudden, hey, we're going to tax you and then, boom, and it passes."
Obama brushed it off, part of an endless road show claim that he will bring back "common sense" to the financial system and restore "those values that built America."
If only. In truth, there is no history for what he is doing. He is the most radical President of our times, far outside the mainstream of our political philosophy.
He is not a reformer who fixes things. He fancies himself "transformative," a man who reshapes and reorders. It apparently begins with smashing the existing order under the pretext of managing the crisis he inherited.
During the campaign, a fellow journalist confided that "I know Obama is a Manchurian candidate, I just can't figure out what for."
I laughed then, but no more. Obama represents a secular religion that believes, no matter the malady, Washington is the antidote. More government is the chicken soup of his tribe.
It is an illusion of many Republicans and Democrats that Washington can successfully manage the economy and our lives. Our institutions and culture are too big, too diverse and too unruly to be run like a banana republic.
Yet the economic mess has robbed the nation of its confidence, and the vacuum is being filled by politicians bearing promises and borrowed dollars. The true cost of this "help" will come later, with back-breaking debt and a lack of growth and opportunity.
We can't say we haven't been warned. "Whom the gods would destroy, they first make mad" is more than folklore. It predicts our fate if we follow the government mob.
Crocs
"Obama represents a secular religion that believes, no matter the malady, Washington is the antidote. More government is the chicken soup of his tribe."
This junk is what makes the democratic party so dangerous. Government has never been able to make anything better (except maybe the debt and making it bigger)
1In Obama we trust
2We should have been able to predict much--although not all--of what Obama is doing.
What frightens me even more is that some Republicans are going along with it.
Southern California Congressman Dana Rohrabacher can usually be counted on to be a pretty decent Republican. However, even he has succumbed to the AIG bonus frenzy. He posted a brief blog yesterday, titled "Bailout Ripoffs":
"If a company has been so mismanaged that it has been given a taxpayer bailout in order to survive, taking the loot away from corporate executives who've had the chutzpah to give themselves $millions is the right thing to do no matter how it is collected. I would prefer the approach legislation that I have authored takes, which is to require the return to the company of all bonuses given to its executives as a prerequisite to any taxpayer bailout money being awarded to that company. We can not permit our own people who are suffering horrendous loses in home value and savings to be taxed to provide bailout money to companies whose own resources have been drained by top executives. These companies should not be bailed out in the first place, but if they are, taxpayers have the right to make demands and retrieve money taken from the company."
http://tinyurl.com/c63t2z
One commenter on his site, and a couple on Facebook, have given him a bit of grief about it already.
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Conservative in exile
Washington and Sacramento: Stealing our children's futures.
So what do we do? We can keep writing our congressmen and letting them know how we feel, but I think with the atmosphere in DC none of them will hear our voices.
4How about a class action lawsuit? Just throwing it out there.
5Today i read how Cuomo got the "clawbacks." He basically said give it back and I won't publicize your name. He can't yet figure out how to get them back from non-american citizens. Millions went overseas in the bonuses (Britain mostly).
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"Ever tried, ever failed, no matter. Try again. Fail again. Fail Better." - Samuel Beckett
"He basically said give it back and I won't publicize your name."
And, by the way, how is that not extortion and blackmail? Maybe a terrorist threat?
AIG really should sue the government over this, on behalf of their employees.
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6Conservative in exile
Washington and Sacramento: Stealing our children's futures.
He wants to be governor. So this way he looks like a big shot.
NY Daily News he says "he did not threaten or use string language....... but made it clear he would protect the identity of any exec who gave back his bonus"
page 5 "Key AIG execs give back their bonuses"
oh and 53% of the money went to non- american workers. The British based division, AIG Finanacial Products" got it and that is where according to the article the collapse of AIG began.
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"Ever tried, ever failed, no matter. Try again. Fail again. Fail Better." - Samuel Beckett
string language should be strong language
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"Ever tried, ever failed, no matter. Try again. Fail again. Fail Better." - Samuel Beckett
They can't. There isn't any way AIG can get good press out of this. IMO, the money was given to AIG without any stipulations. If the government was too stupid to specify what the money should be used for, then how can they now go back and say "This is wrong!!"?
9Just cause its wrong does not mean it can't be done. PR is a major factor in today's world. Make a big enough stink and you can achieve great heights of an extended 15 minutes of fame. Anyone can cripple a major player with the right words. Pen is mightier then the sword.
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"Ever tried, ever failed, no matter. Try again. Fail again. Fail Better." - Samuel Beckett
I'm so with you, UnDave. They shouldn't have given the money to AIG in the first place! It's too late now.
11We have other things to concentrate on now than the AIG bonuses. It rings of grandstanding and the same people responsible for this mess are now trying to act like the good guys. They are taking this opportunity to further convince that it's never the government that is bad, just corporations and rich people.
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