They Still Think AIG Was Incompetent

Even Investor’s Business Daily says AIG was incompetent and brought their problems upon themselves. Not EVEN! AIG, like other lenders, simply OBEYED the law (The Citizen’s Reinvestment Act of 1976) that FORCED them to make loans to people who could not repay them, just because they NEEDED them. This law was MADE by Democrats; the very same people who are now “grilling” their executives (one of whom was not even THERE while all this was going on) and PRETENDING they were not the CREATORS of the problem. It infuriates me to hear the likes of Barney Frank (Elmer Fudd) castigating AIG employees for obeying the law HE saw made, pretending the AIG employee CAUSED the problem. It’s like letting the CRIMINAL “interrogate” the VICTIM. Gawd, I’m getting tired of repeating this! Is ANYBODY listening? (IBD Editorials)