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Cheap Political Theater

by Thomas Sowell

Death threats to executives at AIG, because of the bonuses they received, are one more sign of the utter degeneration of politics in our time.

Congressman Barney Frank has threatened to summon these executives before his committee and force them to reveal their home addresses— which would of course put their wives and children at the mercy of whatever kooks might want to literally take a shot at them.

Whatever the political or economic issues involved, this is not the way ...

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Posted by: D. Mark O'Neill
Comment: #1
Fri Mar 27, 2009 9:35 AM

Our elected officials are most of our problem. Mr. Dodd should be mentioned because of his sweetheart house loan. Do you ever wonder how many of these people could pass a good inspection of their own finances.

Posted by: Shirley deLong
Comment: #2
Sun Mar 29, 2009 1:06 PM

Taxpayers remember when Barney Frank, Meeks, Waters, Dodd, Raines, Howard, Johnson, (just to name a few) vouched for Freddie and Fannie, just so their good buddies could get rich and pass millions on to them! Makes Taxpayers wonder about the 'fat cats' brains and abilities! As for AIG, the only reason the 'fat cats' are screaming about it is because they won't be able to steal any money from this account. It's obvious, AIG, GM, Freddie, Fannie, Banks (who took money they were threatened to take or else) and anyone else taking the trillions of dollars of borrowed monies from foreign countries, should be told their 'banks accounts, all assets, and properties are going to be sold at Public Auction, so that America can 'balance the budget', once and for all, and sell these 'fat cats' a one-way ticket' to the foreign country they've sold America out to! The way Obama, Geithner, Frank, Waters, Dodd, Reid, Clinton, Pelosi, Kennedys, Raines, Howard, and Johnson, (just to name a few) ‘vouch for each, lie and are still getting by!' Raines, Howard, and Johnson, you know, part of the Fannie/Freddie groups, walked away with 20-90 million dollar parachutes! Taxpayers wonder how many millions politicians received and stashed away in foreign accounts.The nerve of these politicians saying that ‘stronger government regulatory power is essential and broader powers are needed by them' just so they can finish bankrupting America! 1977 - Community Reinvestment Act. Remember, this was Carter time, and along came the Clintons. At that time, the Democratic Congress threatened banks and other financial institutes into making sub-prime loans to high-rish buyers. Mr. Obama, you can stop telling Americans that ‘you inherited the trillion dollar deficit from Mr. Bush, as people who actually work and pay taxes, know you're lying. The ones who live off social and welfare programs, couldn't care less as long as the illegitimates keep coming along with the monthly checks they're not entitled to! 2000 - 2008 -Taxpayers remember when Barney Frank, Meeks, Waters, Dodd (just to name a few) vouched for Freddie and Fannie. 2009 - Politicians are now pushing infrastructures stating “America's Highways need money, manpower and a new vision! These are temporary solutions! Nothing will bring America's stability back until we bring our textile and manufacturing jobs actually putting people back to work! Remember, ‘Heartbeat of America' - you know, the people who worked hard, paid taxes, bought houses, cars, furniture, and clothes,! Until the politicians cut their salaries and retirements to $12,000.00 year, for their 'so-called' public service work, for their one (1) month of bad judgement, America will not move forward! Hasn't since 1977, what makes you think with more 'taxing, borrowing, and spending' it'll move forward in 2009? Perhaps, "if the fat cat criminals' scream loud enough, they think hard-working Taxpayers will forget what they've done to bankrupt America! THINK AGAIN!

Posted by: Bonnie McClelland
Comment: #3
Tue Mar 24, 2009 10:56 AM

As usual, Thomas Sowell is right on with his insightful wisdom and the ability to articulate it so clearly!!! Everytime I read one of his articles or books, I am uplifted. What a gift to humanity to have such a wonderful man in our midst who shares so genereously. I am truly grateful.

Posted by: Juanito Verde
Comment: #4
Tue Mar 24, 2009 8:24 AM

It is unthinkable that the very sodomist who is railing against AIG but who hasn't given back the monies he took from them is now railing against Justice Scalia, calling him a homophobe. Sorry, that won't fly; phobia is fear, and Scalia only fears for your eternal soul, Barney, because you are owned by the evil one.

Posted by: John Morrison
Comment: #5
Tue Mar 24, 2009 8:26 AM

When will someone bring up these issues to the society at large? Who can do it? Is there a congressman or senator with the courage to stand up to these morons? Or is this just another example of the corruption of our political system? Where is the moral outrage when Barney Frank seeks to create a legion of stalkers to hide his own complicity in this scandal?

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