"President Barack Obama, who took office just under two months ago, told reporters Wednesday that his administration was not responsible for a lack of federal supervision of AIG that preceded the company's demise."
"But Obama added, 'The buck stops with me.'"
First he says "not responsible," then he says, "The buck stops with me."
Mr. Obama, if "the buck stopped with" you then you would have taken responsibility. That is what it means by "the buck stops here."
Also, what the heck do you mean "not responsible?!" You signed the bailout bill that kept AIG & the other huge "banks" from filing bankruptcy.
Basically, Washington is saying, "Here, save your company, but don't honor your legal contracts or take care of your employees."
But really, what do you expect from a President that doesn't want to take care of his country's military when they are injured protecting him & his freedoms. (Don't know what I'm talking about? Stay tooned. hehe Trust me, there is much more to come.)
I think it is crap that many of these guys/gals would take bonuses after what their institutions have gone though this last year, however, the government levying such taxes is criminal.
I applaud those that have chosen to give back their bonuses. I know I would be tempted to "take the money & run."
So, "CHEERS" to those returning the bonuses & "JEERS" to the government trying to control everyone & everything. This country is becoming more Orwellian every day, it seems.