About 4 days ago, we "coined" the term "Bailoutrage" (The American Political Handbook, 3/15/2009) to describe the emotions experienced by some of the public over the AIG Bonus Payouts. A poll was posted alongside the term and its definition. The small response has so far been negative and the public seems to identify with this "new" emotion (strongly, in at least one case).
We identify with it strongly, but believe that we must temper our "Bailoutrage" against falling into AIG Hysteria (as one online news source described it). Further, it seems that some of these bonuses may have been repaid and the "Bailoutrage" should be lessened. Had the Obama administration truly expected this level of public outcry, we expect that they may have tried to more forcefully stop the AIG bailouts - which, it now appears, must be stopped at all costs. Had the previous administration been expecting this level of public outcry, we expect they would have went ahead anyway with allowing the bonus payments to proceed.
Punishment and penury seems unfair at this point, however. As some elected officials have pointed out that punishment ex post facto and Bills of Attainder are unconstitutional. The apparent equation is unconstitutional = unfair. But, is it fair to all?
No, it is not. Because some of us that were scheduled to receive monies through the omnibus spending plan are now finding that those monies have been stopped. For example, those disqualified from receiving unemployment payments will not receive their meager stimulus funds. (Meager being defined as a payment of some $ 25 per week). While some of us believe that the stoppage of those stimulus payments through a state-run apparatus is unfair, it may still be constitutional. What may be constitutional, may not have the appearance of fairness to all concerned. —66.51.146.94 16:30, 20 March 2009 (UTC)
Ex-Bush admin official: Many at Gitmo are innocent
http://news.yahoo.com/s/ap/20090319/ap_on_re_la_am_ca/cb_guantanamo_wrongly_held;_ylt=AgifGpFSQA45G3SLcakXRGYDW7oF
SEC probes insider trading at subprime lenders
http://www.newsdaily.com/stories/tre52j3jp-us-financial-fraud-sec/
U. S. Securities and Exchange Commission
http://www.sec.gov/
Anti-AIG demonstrations draw small, animated crowds
http://www.newsdaily.com/stories/tre52i7zp-us-financial-aig-protests/
Obama offers Iran 'new beginning'
http://news.bbc.co.uk/2/hi/americas/7954211.stm
Obama promotes reforms on TV show
http://news.bbc.co.uk/2/hi/business/7954187.stm
New car sales push up January retail activity
http://www.cbc.ca/consumer/story/2009/03/20/retail-sales-january-834.html
Nineteen US states go after AIG
http://news.bbc.co.uk/2/hi/business/7954942.stm
EconWatch: Treasury Says AIG Could Have Been Stopped
http://www.cbsnews.com/stories/2009/03/20/link/main4879255.shtml
Democrats blame each other on AIG bonuses
http://www.msnbc.msn.com/id/29780457/
House passes bill taxing AIG, other bonuses
http://www.msnbc.msn.com/id/29771499/
AIG bonus tax: Feels good, but is it?
http://money.cnn.com/2009/03/19/news/economy/bonus_tax_policy/index.htm?cnn=yes
Ex-AIG CEO: Don't Blame Me For Bonuses
http://www.cbsnews.com/stories/2009/03/20/earlyshow/main4878528.shtml
Bonuses Not All Bad? Who Deserves Them?
http://abcnews.go.com/Business/Economy/story?id=7125611&page=1
Madoff To Remain Locked Up
http://www.cbsnews.com/stories/2009/03/20/business/main4879254.shtml
Sex scandal puts focus on how CIA polices itself
http://www.msnbc.msn.com/id/29786453/
FBI puts spies in mosques, group says
http://www.cnn.com/2009/US/03/20/fbi.muslim.groups/index.html
US navy vessels collide in Gulf
http://news.bbc.co.uk/2/hi/middle_east/7955185.stm
USS Hartford (SSN-768)
http://en.wikipedia.org/wiki/USS_Hartford_(SSN-768)
USS New Orleans (LPD-18)
http://en.wikipedia.org/wiki/USS_New_Orleans_(LPD-18)
Russian planes again fly over U.S. Navy ships (Who can blame them, what with the US Navy crashing its ships into each other and French submarines...)?
http://www.cnn.com/2009/WORLD/asiapcf/03/19/us.russia.planes/index.html
U.S. deports former Nazi guard to Austria
http://www.cnn.com/2009/WORLD/americas/03/20/austria.nazi.guard.deported/index.html
Documents show U.S. knew of Guatemalan human rights abuses
http://en.wikinews.org/wiki/Documents_show_U.S._knew_of_Guatemalan_human_rights_abuses
CFIA recalls 2 more meat products from No Frills store in Guelph
http://www.cbc.ca/consumer/story/2009/03/20/cfia-guelph.html
Weak Food Inspection Protocol Revealed
http://www.cbsnews.com/stories/2009/03/20/health/main4878412.shtml
AG Signals Shift In Medical Pot Policy
http://www.cbsnews.com/stories/2009/03/19/politics/100days/domesticissues/main4875417.shtml
As Planet Warms, Poor Nations Face Economic Chill
http://www.sciencedaily.com/releases/2009/03/090316173421.htm
Odds Of Tipping: Better Than Even Chance Of Major Changes In Global Climate System, Experts Predict
http://www.sciencedaily.com/releases/2009/03/090317095450.htm
10 wounded in shooting near French school, nursery
http://www.cbc.ca/world/story/2009/03/20/lyon-nursery-school-shooting.html
Africa rejects Madagascar 'coup'
http://news.bbc.co.uk/2/hi/africa/7954356.stm
Pirates 'seize ship off Somalia'
http://news.bbc.co.uk/2/hi/africa/7954467.stm
Somalis reject Bin Laden threats
http://news.bbc.co.uk/2/hi/africa/7954670.stm
Chinese guard shot dead in attack
http://news.bbc.co.uk/2/hi/asia-pacific/7954712.stm
WKMG: Wal-Mart gives $933M to hourly workers
http://www.clickorlando.com/money/18973265/detail.html
Fiat says it won’t assume Chrysler debt in deal (Come to think of it, would you buy a used debt from Chrysler?).
http://www.msnbc.msn.com/id/29789956/
Barter: Swap and Trade for What You Need
http://abcnews.go.com/WN/story?id=7126159&page=1
Done With Books? Recycle Them!
http://abcnews.go.com/GMA/story?id=7130147&page=1
Famed fossil hunter to admit dinosaur crimes
http://www.msnbc.msn.com/id/29779224/
Teeth Of Columbus' Crew Flesh Out Tale Of New World Discovery
http://www.sciencedaily.com/releases/2009/03/090319132954.htm
London Murders: Statistics Theory Shows Numbers Are Predictable
http://www.sciencedaily.com/releases/2009/03/090317201131.htm
Desperate Japanese head to 'suicide forest'
http://www.cnn.com/2009/WORLD/asiapcf/03/19/suicide.forrest.japan/index.html
Aokigahara Forest
http://en.wikipedia.org/wiki/Aokigahara_Forest
Kan. Man Accused Of Having 2 Wives In Same Complex
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