Moral (Hazard) Equivalency?

‘Puter’s been thinking, without the drinking, this morning. Drinking’s for later.

So, the Obama Administration thinks giving AIG executives performance bonuses is stupid and bad, because it rewards these folks for allegedly having run our economy into the ground. While ‘Puter disagrees with government interference in the private sector, ‘Puter can see logic in that position. ‘Puter would further disagree that the AIG folks being punished now are the same as the folks that caused the meltdown.

Secretary Napolitano of President Obama’s Department of Homeland Security has changed Bush Administration policy, severely restricting enforcement of immigration laws against illegals. This policy change rewards people who were actually breaking the law (illegals), and encourages more immigrants to break the law by removing the fear of prosecution and/or deportation.

So, for AIG, moral hazard is a bad thing, and is to be stamped out by government action. But, for illegal immigrants, moral hazard is actively created by government policy. Perhaps an enterprising reporter can ask Press Secretary Gibbs or President Obama to explain the difference.

‘Puter’s fairly certain, were Gibbs to be honest, the answer is that illegals are Democrats’ natural constituency, and businessmen like AIG executives vote Republican, so screw ’em.

'Puter

Always right, unless he isn’t, the infallible Ghettoputer F. X. Gormogons claims to be an in-law of the Volgi, although no one really believes this.

’Puter carefully follows economic and financial trends, legal affairs, and serves as the Gormogons’ financial and legal advisor. He successfully defended us against a lawsuit from a liquor distributor worth hundreds of thousands of dollars in unpaid deliveries of bootleg shandies.

The Geep has an IQ so high it is untestable and attempts to measure it have resulted in dangerously unstable results as well as injuries to researchers. Coincidentally, he publishes intelligence tests as a side gig.

His sarcasm is so highly developed it borders on the psychic, and he is often able to insult a person even before meeting them. ’Puter enjoys hunting small game with 000 slugs and punt guns, correcting homilies in real time at Mass, and undermining unions. ’Puter likes to wear a hockey mask and carry an axe into public campgrounds, where he bursts into people’s tents and screams. As you might expect, he has been shot several times but remains completely undeterred.

He assures us that his obsessive fawning over news stories involving women teachers sleeping with young students is not Freudian in any way, although he admits something similar once happened to him. Uniquely, ’Puter is unable to speak, read, or write Russian, but he is able to sing it fluently.

Geep joined the order in the mid-1980s. He arrived at the Castle door with dozens of steamer trunks and an inarticulate hissing creature of astonishingly low intelligence he calls “Sleestak.” Ghettoputer appears to make his wishes known to Sleestak, although no one is sure whether this is the result of complex sign language, expert body posture reading, or simply beating Sleestak with a rubber mallet.

‘Puter suggests the Czar suck it.