WASHINGTON (AP) -- Rep. Barney Frank charged Monday that a decision by financially strapped insurance giant AIG to pay millions in executive bonuses amounts to "rewarding incompetence."
Let's look at incompetence. Back in 2004 the republicans wanted to discuss Fannie Mae and Freddie Mac but the democrats, Frank one of the most outspoken, would have no part of it. Check the video http://thevirtuousrepublic.com/?p=1454
Look at the differences in who is being held accountable by the democrats vs. the republicans. The republicans want the Fannie/Freddie leaders held accountable, the democrats want to discuss the regulator... Now THAT'S incompetence!
The tail wagging the dog.