Larry Kudlow is right:
"This whole AIG fiasco -- where the entire political class is suddenly screaming over bonuses paid to derivative traders in AIG's financial-products division -- is just a complete farce.
What it really shows is how the government has completely bungled the AIG takeover.
Blame the Bush administration and the Obama administration.
It also shows, once again, why the government shouldn't run anything, because it cannot run anything. "
Here is the good news: The AIG bonus scandal has killed any chance of additional bailouts!
Pres Obama's march toward socialism just ran into a huge wall!
No comments:
Post a Comment