President Obama expressed his so called outrage at the bonuses being paid to AIG executives. And his cheerleaders, who have mortgaged their brain and their thinking abilities, have started to echo his "outrage". Funny isnt it??
US of A, the leader of the free world, the wealthiest country in the world, the land of hope and possibilities, the promised land, is going against the most fundamental of all business values, HONORING CONTRACTS...
Its true that AIG executives have lost billions of dollors and have in effect pushed the world economy on a downward spiral. But does that justify dishonoring contracts?
Why would anyone want to deal with the US in the future?
Why would any country do trade with the US if the President is turning out to be capitalism's worst fear?
The damage this dishonoring of contracts will do to the reputation of the US would be pretty serious.
Obama should be reminded that the elections are over and he is indeed the President. He switches to election mode very often.
His populist agenda might have looked very promising, but it is time Obama gets serious about his work and stops acting like a community organizer.
Americans are indeed stupid. Obama has cleverly diverted public anger at the $160 Million bonuses that should be paid to AIG executives rightfully. What percentage is it out of $ 1 trillion that Obama has doled out as bail out money? Can somebody do the math?
May be you haven't realised it, but the downfall of the US has started and it accelerates every time Obama opens his mouth to express some phony outrage.
President Obama, I have something to tell you. Be man enough and honor the contracts.
Tuesday, March 17, 2009
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