National Debt Clock

Thursday, March 19, 2009

Dodd Blames Obama Administration for Bonus Amendment

So let me see if I understand this correctly...

1. Obama wants a bailout bill
2. Chris Dodd helps write a bailout bill
3. Obama says he wants exemptions on bonuses for contracts prior to Feb 11
4. Chris Dodd adds an amendment to exempt said bonuses
5. AIG pays bonuses
6. Obama and Dodd are "Oh my God, AIG is so evil!"
7. Dodd admits he wrote the exemptions
8. Dodd blames Obama for the exemptions
9. Obama goes on the Tonight Show!?

Why is everyone so surprised that when you give free money to people they misuse it? If you aren't working hard for it, you will spend it with reckless abandon. This is what happens people when the government tries to solve problems.

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