Obama and AIG

I’m glad Obama has taken a stand and taken responsibility. This is not the first time in his short time as President that he has taken responsibility and apologized. I understand why he is doing it. How many times was Bush criticized for his unapologetic, I never make a mistake demeanor? The cynical side of me realizes that this is just all politics as usual; he is saying the buck stops here because he thinks it will help him. It’s not about integrity or about anything else. If it was about integrity he would admit he knew about the bonuses before he claims he knew or at the very least that his administration knew.

It definitely seems like business as usual when Dodd claims he didn’t write the provision guaranteeing the bonuses then he admits that he did in fact write the provision but it was under pressure from the administration. At that point there is nothing Obama can do other then call Dodd a liar which is admit responsibility. Whether he knew of it or not his administration is responsible for AIG receiving their legal and contractual bonuses. So when the President says he is responsible for fixing the mess he is only partly right because congress has a role as well. When he states outright that he didn’t create the AIG mess, he is lying through his teeth. It is unfortunate that so soon into his own presidency that he can no longer say we inherited this mess. So is this the first mess of his presidency? Probably not, but I frankly have become annoyed with the constant whining about what a horrible situation he inherited. It was not a secret the problems were going on. If you didn’t think you could handle them Mr. President then you should have dropped out of the race. The American people want a President who doesn’t whine and who takes care of business. Hopefully this event will stop the whining because I think the more this administration tries to blame the other side for the mess the more people will become annoyed because of the obvious participation of both parties and both sides. Nobody’s hands are clean so shut up and quit whining and fix it. By the way, everything that has been done so far to fix it will only make it worse long term. Pull your heads out and actually start real solutions with real long term results. Let’s start with something simple, raising taxes during an economic recession no matter who you are raising them on is in an educated term “stupid”.