All the outrage being expressed by the Republicans over the bonus payments to A.I.G. sounds a little hollow. Sen. Kit Bond (R-MO) laid the blame squarely at the feet of Treasury Secretary Timothy Geithner, who took office a little more than a month ago.
They have discovered yet another use for situational populism; like gay-bashing and trickle-down economics, they’re all for the common people when it suits their political agenda. Of course, had this happened under a Republican president, I am sure the good Senators Grassley and Bond would be defending the bonuses, condemning the idea that the government should intervene itself into private and legal business personnel transactions, and accusing the Democrats of socialism or worse.
Sic semper wingnuttia.