If anyone wants to recall, I was against the original George Bush socialist bailout that started this whole mess with AIG. It makes no sense to buy up billions of dollars of worthless debt just so a failed company can have a cash flow. Obviously it didn't work. The first quarter after the massive bailout, AIG posted the largest loss in corporate history. And now we see them giving themselves multimillion dollar bonuses for doing such a good job.
If anyone is surprised by the audacity of private industry executives using tax payer money to give themselves huge bonuses after destroying the world markets, you're a damned fool. Of course they're going to give themselves bonuses. Anyone who can almost singly handily bring capitalism to its knees and have the nerve to go to tax payers for help will do just about anything. They are a narcissistic people.
From the beginning, stretching back to our Grand Leader George Bush, this whole thing was screwed. But now we have President Obama talking big about blocking the bonuses but caving when it's time to step up to the plate. If you ain't gonna do it right then at least have the decency to tell us so.
Subscribe To
Posts
Comments
When one man was contained and powerless outside his own country, he went after him and brought vengeance along for the ride. This is his story as only history can tell it.
Site Sponsors
