This burning rage is something I share with President Obama and many members of Congress such as House Financial Services chairman Barney Frank. The Honorable Frank said this morning that taxpayers should file lawsuits to kill the bonus payments.
Last weekend, President Obama said:
"Under these circumstances, it's hard to understand how derivative traders at AIG warranted any bonuses, much less 165 million dollars in extra pay," Obama said.
"How do they justify this outrage to the taxpayers who are keeping the company afloat?" he said, adding half in jest that "I'm choked up with anger here" as his voice caught at one point.Perhaps the word, "outrage", repeatedly flashed in red on his ever-present teleprompter.
Barney has a good idea, and it needs to be moved forward a step. We the people should file lawsuits to recover every penny AIG has paid out to politicians. Barry, write a $101,332 check to the U.S. Treasury. If not, we the AIG stakeholders will have to get a court order to garnish your White House paycheck.