Democrats Scramble Over AIG Bonuses; Will Geithner Take the Fall?
Democrats appear to be scrambling in the midst of the AIG bailout/bonus fiasco like cockroaches when the lights are turned on and some of them appear to have Timothy Geithner in the cross-hairs.
Sen. Robert Menendez (D-N.J.) blamed Treasury Secretary Timothy Geithner for letting bailed-out insurance giant American International Group pay $165 million in bonuses to its employees, saying he wrote a letter to Geithner two weeks ago warning him of just such a possibility.
And the man who wrote the amendment that let AIG pay bonuses with bailout money, Chris Dodd, (who was the beneficiary of over $100,000 of campaign donations from AIG), is even blaming Timothy Geithner.
Sen. Chris Dodd (D-Conn.), tagged by Republican aides for sponsoring an amendment to the stimulus bill that allowed the bonuses, shifted the blame to the Treasury Department and “the bill conferees,” saying he had no idea that the AIG bonuses were coming.
President Obama is now claiming that he had no idea about the bonuses until two weeks ago, perhaps he should have read the stimulus bill with the Dodd amendment that might have just clued him in.
This is turning into a nightmare for Democrats. It seems as though some Democrats are beginning to turn on Timothy Geithner, could he take the fall for this? Isn’t this the same man that was so damned smart that his tax problems had to be overlooked during his confirmation hearings because he was the only person who could solve this economic crisis? Maybe they should have taken a closer look at him.
This whole ordeal was summed up best by House Minority Whip Eric Cantor.
“What’s going on in this administration? It seems like an administration in disarray.”
Or an administration that is in over its head.
America's Watchtower 
The culture of corruption lives within the Democrat party!
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Yes it does!
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I’d say the foxes are NOT doing a very good job guarding the chicken coop, are they? Speaking about chickens, are they coming home to roost yet? I believe they are! Oh, I wish it was 2010 right now. We’d take back both houses for sure!
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Just be patient, 2010 will be here before you know it and I don’t think these clowns will become competent before then.
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Your comment for “Joe from New Hampshire” made me laugh. I agree. Hopefully, a majority of voters will become “competent” by then.
It makes me think of a few of my Georgia relatives who voted for Jimmy Carter back in the ’70’s simply because he was from Georgia. Most would only admit to the blunder in private. A few of the crazier ones still think they did the right thing.
By the way, one of the proudest and most satisfying periods of my life was serving in the military under Ronald Reagan.
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Earl, as Deb said, thank you for your service. How many people do you think will still admitted they voted for Obama in two years?
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Thank you for your service, Earl. If Tim G. is going to get fired, then can Dodd et al. get fired, too? I think he is going down, though. When P.O. said, “I have confidence in Sec. Geithner” that is pretty much the death knell.
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I think that Geithner will end up taking the fall for this. The only thing that might save him is that they can’t find anyone else to work in the treasury department.
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And that was one of the biggest stories in the news cycle on Friday. No one else wants the job! P.O. said it is his responsibility, I say we start impeachment proceedings immediately……
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