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« Bailout News: AIG Is A Warm, Cuddly Puppy With A Red Bow And A Chew Toy That Is Shitting All Over The House (Video And Links For 3-17-09) | Main | Bailout News The Solution: Send Geithner And Summers To Guantanamo Bay; Outrage Over AIG Bonuses; Erin Burnett, Barney Frank and Christina Romer »
Monday
Mar162009

Obama Plays The Semantics Game: The Return Of Slick Willy

Everything is public relations.  Politicians generally deserve their loathsome reputation and Obama's clever speech this morning re-affirms our belief that most are impertinent scoundrels.  They smile and genuflect accordingly, while they run roughshod over the truth.

My anger this afternoon is directed at President Obama for whom I voted, not incidentally.  And I highly doubt it would be any different under McCain-Palin except then I would have to worry about Sarah usurping control after she had McCain poisoned.

Listen to his speech.  If you were not paying close attention you would think that Obama was getting tough and was telling Tim to not allow the bonuses at AIG.

You would be wrong.

The AIG bailout bonuses have already been paid.  It's done.  This speech was nothing but public relations Clinton-style.  Apparently Slick-Willie is back in business.  Semantics, people.  Pay attention to the words.

Oh, so he was actually just talking about future bonuses says Reuters.

"The president told Secretary Geithner ... to take every legal means that he has to push back against this, to figure out who put this in the contracts and when, and to make sure this doesn't happen again," Austan Goolsbee, a member of Obama's Council of Economic Advisers, told Reuters Financial Television.

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Reader Comments (6)

The american government/taxpayer has no leverage with AIG - all they have to do is dangle the financial collapse of solar system to win their argument. Why not let the sky fall and see what happens, damnit! Otherwise AIG will continue to suck our nation into a blackhole.
Mar 16, 2009 at 4:40 PM | Unregistered CommenterAngry Jones
I love the Bill/Monica pic.

Can the american teet handle all the suckling going on?
Mar 16, 2009 at 4:43 PM | Unregistered CommenterReally?!?!?!
http://www.bloomberg.com/apps/news?pid=20601087&sid=a72q7hFPu5Cs&refer=home

AIG Told U.S. Failure May Cripple Banks, Money Funds
Mar 16, 2009 at 7:55 PM | Registered CommenterDailyBail
@really

No. It is probably unsustainable. Even Monica doesn't have big enough teets for the job.
Mar 17, 2009 at 2:31 AM | Unregistered CommenterMortgage T&A
Where have you been hiding. Obama has been nothing but slick from day 1. I am shocked that so many people fell for his shtick and voted for this socialist.

All the Obama voters deserve what he is dishing out.
Mar 17, 2009 at 2:34 AM | Unregistered CommenterPC
@PC

And what was the alternative?

An old, dumb guy and a chick who went to 6 colleges before graduating.
Mar 17, 2009 at 2:35 AM | Unregistered CommenterKansas is fucked

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