Today, Rep Hodes made what sounds a lot like a Broadway debut whose crescendo had to be this…(and I paraphrase) that “AIG now stands for Arrogance, Incompetence, and Greed.”
But doesn’t that Arrogance belong to representative Hodes who when charged with overseeing the public trust only now appears offended by a problem for which he himself is complicit?
Hodes Press release regarding the Stimulus 2/17/09
… I will remain vigilant in monitoring the use of New Hampshire taxpayer money to make sure it is invested to create jobs, help middle class families who are struggling, and help rebuild roads, bridges and schools.
Upping your ‘Q’ factor with a haughty televised floor speech is a great way to impress potential voters for your planned Senatorial run, but not when you’re commitment to vigilance only raises your ire in ex post facto diatribes regarding provisions you actually voted in favor of and should have already known about.
So who is Incompetent? Rep Hodes, voted for the bill, clearly without much idea of what it included. Had he been more aware of the provisions in the Dodd amendment--that permitted the contracted bonuses he is now so offended by--he could have then voted against the bill, or made some public comment regarding his objection to the provision and it’s likely outcomes. He could have pointed to AIG’s bonus schedule—which any vigilant tax advocate probably should have known something about before handing out billions of other peoples dollars. That at least would justify his sudden outrage. But I guess the memo for Pelosi left that part out eh?
You see, you have to read the legislation to know what’s in it, so to be outraged now appears as little more than an emotional sacrifice to Thespis for the benefit of the cameras, you’re supports, or those who can’t or won’t be bothered to see past your complicity, your own arrogance, and your own incompetence. It now appears, to paraphrase Hamlet’s mother, that “Rep Hodes doth protest too much.”
Finally, we come to Greed.
Mr. Hodes views AIG’s actions as those of greed, but the greed of which Mr. Hodes is guilty is far more insidious. He assumes that the government can and should have the fiscal and discretionary power to decide who fails and who is saved, using the very legislative authority whose details eluded even the ‘vigilant’ Mr. Hodes.
His blind commitment to this massive extraction of wealth from the people--so that government may dole it out with strings attached-- is driven purely by the obsession for power within his party leadership and his own desire for personal advancement within its ranks. But it is this greed to empower the federal government over the very foundations of freedom outlined in the constitution he swore to protect that is most offensive.
So now, as he uses the government appointed CEO as a personal punching bag for populist political points, we are expected to honor his commitment to vigilance? We are meant to be appeased vicariously though him at the injustice he rails against. We are meant to project the pithy acronym of Arrogance, Incompetence, and greed upon the people of AIG and not those who empowered them, financed them, and then failed to follow through?
Sorry Congressman Hodes, but you must reap what you have sown.