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Obama: It's like AIG has a bomb strapped to them

By Jimmy Orr / March 18, 2009

Speaking at a town hall meeting in California today, President Obama explained that AIG was like a suicide bomber. "You don’t want them to blow up. But you’ve got to kind of talk them, ease that finger off the trigger," he said.

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Maybe Iowa Senator Charles Grassley and President Obama have more in common than they think.

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At least there are similarities when they discuss AIG.

Just two days ago Grassley told an Iowa radio station that AIG executives should consider suicide as an option. He later clarified that his remarks were just rhetorical and they should live.

Good enough.

But today, President Obama took that rhetoric in a different direction. He actually upped the ante explaining that AIG is like a suicide bomber.

"We had to step in, it was the right thing to do, even though it is infuriating," Obama said, explaining why the government needed to bail out the troubled banks.

"The same is true with AIG," he said. "It was the right thing to do to step in. Here's the problem. It's almost like they've got -- they've got a bomb strapped to them and they've got their hand on the trigger. You don't want them to blow up. But you've got to kind of talk them, ease that finger off the trigger."

Yikes.  Is Joe Biden writing Obama's talking points now?

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