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Showing posts with label AIG. Show all posts
Showing posts with label AIG. Show all posts

Monday, March 16, 2009

Grab Your Pitchfork


American workers are being laid off, taking time off and/or pay cuts just to keep businesses and governmental offices open. Schools may be moving to a four day week. Not everyone seems to be feeling the pinch however. Some are actually getting bonuses.

Last fall we were told that if we didn’t give AIG 180 billion dollars life as we know it would cease to exist. The money was given with too few strings attached and now some of the people responsible for AIG’s failure are receiving big bonuses for being either idiots or criminals. How can AIG have the nerve to honor bonuses for bad work when the American public now owns 80% of their company? What are they thinking and how much longer will be reward stupidity? I don’t approve of mob mentality, but it seems that we've created a Frankinstein monster and feels like it’s time to get the torches and pitchforks.