Madame DeFarge would be pleased

AIG…bet you can’t even tell me what it stands for.  All you know is that it must be populated with hordes of money hungry capitalists.  People who are out for the fast buck.  Men (and women) who cut and run.  The worst of America’s shining lights.  In short, folks who reflect the values we all cherish.  Or seem to.

As evidenced by the remorseless blood-lust displayed by the media, members of Congress and the President, the 416 people who salted away $165 million deserve to be drawn and quartered, at least.  A public hanging might be better…with street vendors selling voodoo dolls and popcorn.  Bring back the guillotine.  Off with their heads.  Even Sweetie is beside herself not knowing who to blame for this effrontery.  So she, like you, blames everyone.

What self-righteous indignation.  The nerve of those people at AIG.  Expecting the American people to abide by the terms of a lawful agreement is just too much to bear.  Rebellion is in order.  Anarchy rules.

After all, we’re the good guys.  Congressmen expressing outrage and the squandering of public funds…the same ones who in 2008, along with the Presidential candidates, spent over $2 billion getting elected…with nary a concern about where the money came from or what was expected in return.  Us, after enjoying the bloated gains of the market based in part on the very security shenanigans that got AIG into the shitter, are the ready executioners.

And the poor schmuck who gave up his 5% wage increase so he and his fellow union members could keep their jobs.  What about them?  If a million dollar bonus from GM had dropped into his lap, would he have torn it up and gone back to searching the want ads.  Or the teacher who got pink slipped.  Or the guy in Elkhart who got laid off because folks aren’t buying RVs.  Would he have shipped back the nefarious bonus dollars to his employer and said…”take it, give it to someone who really needs it.  I’ll struggle along as best I can.”  Maybe.

Were the bonuses deserved?  I haven’t the slightest idea or the foggiest notion of the terms of the employee agreements.  Were they a smart idea given AIG’s incredible collapse?  Duh, I don’t think so.  Were they a good idea given the need for continuing public support?  An Einstein I’m not, but a little common sense I got.  Should some genius in the last administration, the current one or any of the zillion congressional committees that doled out the money have said “Ya know, maybe we should review any proposed bonuses before they’re paid.”

But that’s all hindsight.  Meaning they were all thinking with their asses.  Just like AIG did when they dabbled in securities that they couldn’t explain to a Harvard Business School graduate.  Then again, maybe they were Harvard Business School graduates.

So now it’s time for fresh meat.  Time to beat up on AIG and anyone who knows what it means.  Forget get about the real business at hand.

Madame DeFarge would be pleased.


3 Responses to “Madame DeFarge would be pleased”

  1. 1 Ojaidon March 18, 2009 at 4:56 pm

    You didn’t let me finish. It stands for American International Group. Dummy.


  2. 2 Steven Rothenberg March 18, 2009 at 6:08 pm

    ‘i am he as you are she and you are me and we are all together……’


  3. 3 Sheila and Sid March 19, 2009 at 3:03 pm

    I always save your blogs for a little comic relief when I take a break from my work. You never fail to amuse me. Too bad it’s because things are so tough all over.


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