So what...
I couldn't help but chuckle over the feigned indignation of so many on capitol hill concerning the $165 million in bonuses AIG handed out to some its employees after it had received billions of government bail-out dollars.
It did make a good show, and it certainly plays into the hand of the average taxpayer, most of whom are genuinely indignant.
But here's the thing. The politicians don't really care. They are going to continue to hand out billions of taxpayer dollars to their favorite businesses. It's for sure AIG doesn't care. They know they are going to continue to recieve the hand-outs no matter how they run their business.
On second thought, the way taxpayers keep electing the same people and parties to office, maybe they really don't care either.
It did make a good show, and it certainly plays into the hand of the average taxpayer, most of whom are genuinely indignant.
But here's the thing. The politicians don't really care. They are going to continue to hand out billions of taxpayer dollars to their favorite businesses. It's for sure AIG doesn't care. They know they are going to continue to recieve the hand-outs no matter how they run their business.
On second thought, the way taxpayers keep electing the same people and parties to office, maybe they really don't care either.
Labels: AIG bailout bonuses
posted by Rex Bell at 6:39 PM
1 Comments:
Then there's the Democratic mayor of Gary, Indiana whose son was paid over $39K to video tape Sanitary District meetings -- after the mayor fought for a $2.9 million property tax increase.
Post a Comment
<< Home