President Obama is facing growing liberal anger over his handling of the economy, with prominent voices on the left voicing concerns that taxpayer-funded bailouts are enriching corporate America while doing little to right the nation's economic ship.
The revelation over the weekend of massive bonuses being awarded to employees of AIG -- despite repeated federal bailouts engineered by the Obama and Bush administration -- is igniting fresh outrage among liberal lawmakers and bloggers.
Several prominent Democrats are pointing out that Obama aides were more than willing to press auto workers to renegotiate contracts as a condition of bailouts for car companies -- but are now citing the sanctity of contracts in AIG bonuses, saying they can't be canceled.
Continued...
No comments:
Post a Comment