All this fever over AIG, but....
Why? AIG did what the US Congress allowed them to do. They violated no law of the package they were given. Chris Dodd admitted he put a clause in that allowed AIG to pay back employees/consultants in the form of bonus checks.
Yet, when the heat cranked up...Congress yelled at AIG:
"HOW DARE YOU DO WHAT WE, AHH, TOLD YOU TO DO! - BASTARDS"
Umm, Congress didn't you OK this? Yup you did. Nice work.
And now there is a rumor that Congress wants to stick its fat fingers in Credit Cards. Apparently they aren't too happy the CC are simply cutting back limits and removing holders. Even though this is 100% legal as it is part of their business model. So yet again, government wants to stick its hands in business. Get..the..hell..out.
Yet, when the heat cranked up...Congress yelled at AIG:
"HOW DARE YOU DO WHAT WE, AHH, TOLD YOU TO DO! - BASTARDS"
Umm, Congress didn't you OK this? Yup you did. Nice work.
And now there is a rumor that Congress wants to stick its fat fingers in Credit Cards. Apparently they aren't too happy the CC are simply cutting back limits and removing holders. Even though this is 100% legal as it is part of their business model. So yet again, government wants to stick its hands in business. Get..the..hell..out.

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