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As the theory goes, any and every event is either good for Republicans, bad for Democrats, or both. Case in point: The AIG bonuses scandal is...you guessed it, bad for Obama and the Democrats.

The Obama administration is increasingly concerned about a populist backlash against banks and Wall Street, worried that anger at financial institutions could also end up being directed at Congress and the White House and could complicate President Obama’s agenda.

The administration’s sharp rebuke of the American International Group on Sunday for handing out $165 million in executive bonuses — Lawrence H. Summers, director of the president’s National Economic Council, described it as “outrageous” on “This Week” on ABC — marks the latest effort by the White House to distance itself from abuses that could feed potentially disruptive public anger.

“We’ve got enormous problems that need to be addressed,” David Axelrod, Mr. Obama’s senior adviser, said in an interview. “And it’s hard to address because there’s a lot of anger about the irresponsibility that led us to this point.”

It doesn't matter what the event is, it's bad for Democrats, good for Republicans, or both. Stock market goes down, it's Obama's fault. Stock market goes up, Bush is responsible. Price of gas goes up, Obama's environmental and foreign policies are driving up oil. Gas goes down, free market principles employed by Bush are working.

Anyone can play, and only Democrats can lose. Remember, In The End, It's Somehow Always The Democrats' Fault.