AIG… It’s Not Our Money Anymore

Back on Nov. 19, 2008 I wrote a scathing rant directed towards Congressman Joe Knollenberg (R – MI) concerning the following exchange between him and Neil Cavuto…


Cavuto: “Where do we draw the line with our money?“

Knollenberg: “It is not your money.”


You know what? I got that wrong… It really isn’t the taxpayers’ money anymore. Once the Legislative branch gets its claws on tax money, they don’t give it up. Oh, we may get our $13/week for a while, but in general, the money going to AIG, TARP, the “Stimulus Package” ad nauseum is gone, gone, gone one way or another. I think that it’s unusually telling that President-to-be Obama used the word “skyrocket” in the clip below…




The taxes built into the “Cap and Trade” are not coming out for a long time (if ever), and we all know it. Ditto for the bonus money for AIG – gone one way or the other. And all we’re doing now is blowing yet more money wringing our hands over the matter whilst stretching the Constitution near the breaking point. (Now how’s that for a mixed metaphor?)


Nope, the money ain’t ours no mo’… To draw an analogy, the Bush TARP turned out to be little more than a drunken sailor with a borrowed $100 bill in a house of ill repute… On the other hand, all the machinations of Pelosi, Reid, Dodd, Geithner, Frank, Rangel, Obama, et al are turning out to be little more than a drunken sailor with a stolen credit card in a house of ill repute. And guess who’s going to get the credit card bill.


Oh goody…


Alan Speakman

One Response to AIG… It’s Not Our Money Anymore

  1. […] AIG… It’s Not Our Money Anymore « Grand Rants […]

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