There was a story today in the Chicago Tribune that White House Wonk Rahm "Rahmbo" Emanuel was a board member at Freddie Mac for 14 months and earned the paltry sum of $320,000.00 for doing very little. What's even more incredible is that Mr. Emanuel was a board member at the mortgage giant, when it engaged in the very shoddy accounting practices and tactics that poisoned our financial system, and led to the current recession. That's right the attack dog who is constantly ready to pounce on Republicans, let out not a whimper as Freddie Mac and its partner Fannie Mae were imploding. Yet we've heard not a peep about this from the dinosaur media who (save for the aforementioned Tribune), are outraged over the bonuses paid to AIG executives pursuant to valid contracts. You know the very same AIG bonuses that Congress knew about and voted for, before the public outcry turned them into the Politburo.
You can add Mr. Emanuel to the list of people directly responsible for this financial meltdown. Roll call please: Jimmy Carter, Bill Clinton, Barney Frank, Chris Cox, Chris Dodd, Franklin Raines, and one of the leading recipients of AIG money, none other than the President himself. Notice a trend here, Democrats all except for Cox. Mr. Cox was asleep at the switch, while the Democrats who work on Wall Street were robbing us blind. Yes, it may come as a surprise, but most millionaires on Wall Street are Democrats. The vast majority of whom voted for Obama and poured money into his campaign, only to now feel the pain of unrequited love. It is abundantly clear to all fair minded Americans, that the Democrats are truly the party of the rich - not the Republicans! For you non - believers, you could look it up. While you're at it, check the roll call of millionaires in the Senate. The lion's share once again are Democrats.
Now you would think that this motley crew would be sharing a jail cell with Bernie Madoff, or at the very least just keep quiet and enjoy the fruits of their ill - gotten gains, while ordinary Americans suffer. No such luck, these very same perpetrators still aren't satisfied. Rather, they scream constantly that the recession was caused by deregulation and those evil Conservatives and Republicans. While counting their money, they call for more and more government intrusion into our lives. They are masters at diverting attention from themselves and casting aspersions on innocents.
To add insult to injury, all former Wall Street personnel who now work at the White House will be allowed to keep their bonuses. Of course, they're exempt because they work for the "Saviour." In the end, I guess that some bonuses are just more equal than others. Welcome to the world of "1984". Mr. Orwell how prescient you were.
Sunday morning talking heads
30 minutes ago