Wednesday, March 18, 2009

NOT ENTIRELY WINGNUTTY

Larry Kudlow makes a good observation about the AIG scandal:
Incidentally, has anybody asked Team Obama why it is more than willing to break mortgage contracts with a bankruptcy-judge cram-down, but won't cram-down compensation agreements for AIG, despite the fact that the U.S. government owns the company? Kind of odd, don't you think?

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