There's no question the Democrats, and the Obama administration in particular, fumbled this whole AIG bonus deal. The President has acknowledged as much. But they didn't screw up in the way Republicans today say they did. If anything Obama messed up by accommodating business-uber-alles Republicans who couldn't fathom putting restrictions on a private business in the United States of America. Why, that would be downright Un-American!
So it's with bitter irony that we see dopes like Mitch McConnell, James Inhofe, Kit Bond and Newt Gingrich (yes, that old war horse) feign their outrage at how the President let AIG get away with this.
"It's shocking that they would — the administration would come to us now and act surprised about these contracts," said Sen. Mitch McConnell, R-Ky., the Senate GOP leader said today. "This administration could have and should have ... prevented this from happening. They had a lot of leverage two weeks ago."
It's true, the White House and Congress DID have more leverage two weeks ago and even MORE leverage two months ago when these same twits were castigating the very idea of limiting pay (including bonuses) or in any way "meddling" in the operation of a private business. Nevermind the fact that tax payers were about to become majority owners of those businesses, giving the FED a legal say in how it's run.
"Do we really tell people how to run [a business], and who to pay and how much to pay?" said James Inhofe in February.
"The worst thing we can do is tell businesses how to run themselves," said Kit Bond around the same time.
"You can't apply Washington bureaucratic rules to a free market company without ultimately destroying the company," said Newt Gingrich way back in November [Fox News, 11/12/08].
So, please my Republican friends. Save the outrage.