Republican Iowa Senator Charles Grassley is taking some heat for his comment regarding AIG executives stating that they should resign or commit suicide. Granted, it is a pretty stupid comment, but coming from a Republican lawmaker, it should surprise no one. Here is the quote:
“I suggest, you know, obviously, maybe they ought to be removed but I would suggest the first thing that would make me feel a little bit better toward them if they’d follow the Japanese example and come before the American people and take that deep bow and say, I’m sorry, and then either do one of two things: resign or go commit suicide.
Yet there is a tangential point to be made here. The act of seppuku, or Japanese ritual suicide, was performed in feudal Japan to avoid capture by an enemy, as act of protest, or as a remedy to atone for a shameful act. To imply that AIG executives have shame in their portfolios is foolish.
Though paying out bonuses while receiving bailout money is reprehensible, the true shame lies on those responsible for allowing this to happen. The greed seen on Wall Street is a direct result of the Republican led Congress of the George W. Bush era. That Congress, scaled back regulations, changed existing laws (see bankruptcy law) and overtly looked the other way in the name of laissez-faire capitalism. Republicans were duplicitous in this and for them to a point finger now is simply hypocritical and disingenuous. (In other words… truly Republican)
Republican Senator Charles Grassley of Iowa… You are an IDIOT!