Senator suggests AIG execs should kill themselves

In “Bonus furor may prompt limits on AIG bailout money”, AP Philip Elliot writes:

President Barack Obama and his top aides expressed outrage at reports that American International Group Inc. went ahead with $165 million in bonuses even though the company received more than $170 billion in federal rescue money. Obama directed Treasury Secretary Timothy Geithner to see whether there was any way to retrieve or stop the bonus money — a move designed as much for public relations as for public policy.

Then, in another AP article by Nigel Duarda, we read a quote by Sen Charles Grassley:

“I suggest, you know, obviously, maybe they ought to be removed,” Grassley said. “But I would suggest the first thing that would make me feel a little bit better toward them if they’d follow the Japanese example and come before the American people and take that deep bow and say, I’m sorry, and then either do one of two things: resign or go commit suicide.

“And in the case of the Japanese, they usually commit suicide before they make any apology.”

Yet, it was only a couple of decades ago that people decided “Greed is good”. Remember those days? What we are seeing is the fruit of all of that.

God advocates other longer-lasting principles, though. He advocates principles that lead to “love, joy, peace, patience, kindness, goodness, faithfulness, gentleness and self-control” (Gal 5:22-23a).

So, now Mr Obama is seeing what he can do to limit AIG’s and other’s bonuses. Greed is against God’s law, and now we have to deal with the fallout. President Obama is trying to deal with it with manmade laws. You know what? Following God’s law is easier because following it does not require followup laws. No, the remainder of v23 says, “Against such things there is no law.”


  1. John D Carmack

    I guess that "Greed is [still] good"! Now, Fannie Mae and Freddie Mac execs are due for bonuses of about $250k a piece!

    AFA has posted an alert [broken link removed by admin] on their website as well.

  2. John D Carmack

    I stand corrected. Fannie Mae and Freddie Mac execs are due for $1M apiece, not $250k!!!!