Grab the pitchforks and torches!

So pretty much the entire political universe is up in arms over the announcement and subsequent fallout from AIG paying over $165 million in taxpayer funded bonuses for over 73 of it's employees.
Politicians from every corner of the of the political spectrum have stepped up to blast the company, that has so far accepted over $170 billion in taxpayer-funded bailouts and most likely more in the future.
House Minority Leader John Boehner used it to catalyze criticism of the Obama administration's hand in the bailouts two weeks ago, trying his best to put this as something that was created by Obama, and not by the former administration, which conducted the first round of bailouts for the struggling multinational last fall. Hoping to sketch the Republican Party as the one of true populist umbrage.
Andrew Cuomo the Attorney General of New York, has thrown his hat in the ring as well, calling on subpoena's for the company and asking for details on every single person within the company that received any of this "bonus" money.
Senate Majority Leader Harry Reid said he wanted the money back, and said that if the company would not "renegotiate" the contracts that allowed the bonuses in the first place then he would enact legislation targeted at the company that would tax these bonuses up to 91%.
Perhaps the best story of the day though, had to be Iowa Senator Chuck Grassley, who said in a radio interview today that the bonus receivers should be forced to come out and apologize to the American people and resign, or commit suicide in the way of a failed Japanese samurai.
All good stuff, the American people are obviously on the side of themselves, after all, their taxpayer dollars are the ones being spent here. Politicians of all shapes and sizes are trying to be the ones showing themselves as the true image of populism-incarnate, realizing -- albeit too late to do anything -- that AIG is probably only slightly more popular at this point then Bernie Madoff.
The most poignant article written about the debacle still remains this morning's smart analysis by Politico head Jim Vandehei, that basically points out what dangerous waters these are for the Obama administration. Seeing as how Phenom Treasury Secretary, Tim Geithner, was the head of the New York Federal Reserve at the time of last fall's bailouts and helped structure them, knowing full well these bonuses would be paid, and possibly also with white house knowledge, which could, were the story to blow up, drain buckets of political capital from an administration that is going to need every drop it can get if it wants to pursue a budget and spending agenda as ambitious as the one it has recently outlined.