I haven’t written anything yet about Senator Chuck Grassley’s comments on the AIG bonuses. The whole episode was such an empty populist gesture. First he said the AIG no-goodniks should act like the Japanese and either offer a humble apology or kill themselves. Then he walked back his comments and said they should offer a sincere apology. That’s all? I’d like to see more strings attached to the Wall Street bailout program, which Grassley voted for.
The Twitterer for the Daily Iowan Opinion page had the best response to Grassley I’ve seen so far. After the senator explained that “I do want an attitude in corporate American that’s similar to what they have in corporate Japan,” DIOpinions commented, “Making failed American executives more like their Japanese counterparts would require massive pay cuts.” Don’t hold your breath until Grassley gets behind that.
Anyway, we’ll find out how much Grassley cares about getting taxpayers’ money back from AIG when the Senate votes on the bill the House of Representatives passed yesterday.
Follow me after the jump to read about Grassley’s recent comments on medical marijuana and health care reform.
Also, I can confirm that at least one Democrat is stepping forward to challenge Iowa’s senior senator in 2010. Details are below.Continue Reading...