Thought For The Day

by tristero

Unless it leads to immediate, serious, careful, and comprehensive regulation and oversight of our criminally corrupt financial institutions, the furor over the outrageous AIG bonuses – and the current legislation to tax those bonuses- will be just a tempest in a very tiny teapot, full of sound and fury, signifying exactly nada.

You say symbolism matters, even if the bonuses merely represent less than 1/10th of 1% of all the taxpayer simoleons dumped into AIG’s mattresses? I say, symbols, schmimbols. It’s time for action, real serious action. If I want a good show, I’ll go see some Shakespeare or Buffy. Spare me the cheap cartoon of a Congress (and administration) pretending to confront serious problems when all they’re really addressing is their image problem .