Porker of the Month
Citizens Against Government Waste (CAGW) named House Financial Services Committee Chairman Barney Frank (D-Mass.) its March 2009 Porker of the Month.
The chairman, having somehow eluded this dubious award in the past, finally delivered enough of Barney’s blarney to be recognized, appropriately, on St. Patrick’s Day.
On Monday, March 16, 2009, Chairman Frank expressed public umbrage over reports that insurance giant AIG, a recipient of $173 billion from the U.S. Treasury, had distributed $165 million in retention bonuses to some of the employees who helped bring the company to the verge of collapse. Chairman Frank fulminated that AIG had “rewarded failure” in awarding the bonuses. That’s rich.
Barney Frank is one of the guys who got us into this mess. His fake outrage was quite amusing. The people of Massachusetts reward failure every time they re-elect this idiot!
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