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Putting aside the issue of who caused what....there is plenty of blame to go around....
The political reality is that the current Congressional and public obsession with AIG ultimately is likely to play right into the hands of Obama and the Democratic Congress by creating even greater public support for tougher regulations of banking/financial institutions and higher taxes on the top income earners....both of which the Republicans have long opposed but now find themselves either having to continue to defend their "free market/anti-regulation, anti-tax" agenda with no public support or compromising at the expense of one of their core constituencies.
Sounds like a good scenario to me.
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