Please Pass the Blame

“Oh what a tangled web we weave, When first we practice to deceive”
~Sir Walter Scott

The art of deception is palpable in Washington these days. The blame for the corporate bonuses is being passed around like a Superbowl football. What started as feigned rage over these bonuses has now become an exercise in back pedaling. Politicians are getting caught up in their lies and deceipt. Blame lands on one and is deflected on to the next.

Orchestrating America’s anger toward AIG was actually a ruse to divert attention away from the true culprits – the Obama administration and Congress. These corrupt, irresponsible and incompetent politicians used our money as bailout payback for their campaign contributions. The eloquent hyperbole they use to dig themselves out of their lies would be amusing if the problem wasn’t so serious.

CEO Edward Liddy is earning $1 a year for his service to help repair AIG. Maybe Obama should exhibit true leadership and only accept $1 a year for his service after bearing all the blame for authorizing the loophole that did not prohibit bonus money from the bailout bill. And like the new bill being proposed to tax corporate bonuses, let’s not forget to tax that one dollar 90 percent. When the on-the-job leadership skills improve the compensation will also.

Barack Obama continues to remind us that he inherited this problem when he took office. That’s right, the Democrats have been in power for the past two years. Thanks for the reminder.