"We have met the enemy..."

Quote of the day:

We have met the enemy and it's the people who represent us. The blowhards and buffoons in Congress proved again Wednesday they are worse than useless.

That's the lead paragraph of a Michael Goodwin piece which exposes the real culprits behind the AIG brouhaha.

Here are a few of the money paragraphs:

"Much of the government outrage over the bonuses pool of $165 million was phony anyway, canned up for a public now being taught that the private sector is evil and must be punished. The real outrage is that the bonuses represented a fraction of the $180 billion of public money pumped into AIG without any real oversight.

Predictably, most of Liddy's tormentors steered clear of that topic, lest they be forced to make a tough call on a complex issue.

Liddy stands guilty of being tone deaf to the public anger on any bonus payouts at a time when people have lost their savings, their homes and their jobs. But as he repeatedly made clear, he came not to defend AIG's past, merely to clean it up.

That puts him head and shoulders above those in Washington who follow no star except merciless ambition."

Be sure to read the entire piece.

Barney Frank...just look at him!