For those of you who have been unable to keep up with the entire AIG bonus mess, Paul Ibrahim’s column gives a nice summary. Paul Ibrahim ’06 wrote for the Cornell Review as an undergraduate. Here’s an excerpt:
And now the Democrats want to make up for their (never-admitted) mistakes by taking the money back from individual employees and their families, by force if necessary. Obama’s teleprompter boldly castigated AIG: “This isn’t just a matter of dollars and cents. It’s about our fundamental values.” It is unclear which “fundamental values” the teleprompter was referring to, but it most certainly cannot be the honoring of contracts between companies and their employees. Rather, Obama’s “fundamental values” seem to be whichever ones score highest on the respective week’s Gallup poll.
