C-Span 3 - Chuck up Todd of MSNBC giving a talk - Admits he doesn't understand what AIG does.....

[FrenchieCat]

This is dated 3/9/09.

Said he read and read about what AIG does,
but he still didn't understand it although he tried.

That's our "Journalists"! :sarcasm:

Guess he understand Bonuses much better. :eyes:

[parasim]

1. Wasn't he just that guy on C-SPAN every now and then...

from some political rag called "Hotline" or something? Which means he was a DCophile. Knows nothing of what goes on outside the beltway.


on edit: improved the sentence structure

[FrenchieCat]

3. He's the White House Correspondent for MSNBC.....

That's why we won't hear much about the real issue of AIG....just about the bonus part. :(

[parasim]

7. Yeah, but he was with Hotline before that.

He did those little updates during Washington Journal now and again giving the inside scoop in DC. That's all i was saying. He might be at MSNBC now but still is a Capitol dude.

Was it called Hotline? or The Hill or something? Ah well, don't mind me, I'm just a babbling c-span junky who's not always that awake in the morning...

[rvablue]

2. This is scary news. But I would add that 99% of Congress doesn't know what they do either AND

even scarier, I bet 75% of AIG employees couldn't give a cogent answer as well.

It's very convuluted and the only thing we can hope for is more regulation in the future.

[moundsview]

4. If your numbers are correct, and I think you are probably close

Who can write any kind of reasonable regulation. How can you regulate something that you don't understand?

[FrenchieCat]

5. That's what we should be having hearings about....

But no! Let's not learn anything, let's just be outraged and try for the gotchas, cause we ain't got shit else to do.

[rvablue]

6. There are plenty of people, but I hope that Congress defers to the experts in the administration

on this... or brings a lot experts in to help them out.

I was disappointed by the questioning that I saw from committte members today, but then again, I didn't watch the entire hearing.