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Not one dime for AIG bonuses

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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 04:15 PM
Original message
Not one dime for AIG bonuses
So let's get this straight, the federal government absolutely had to run to the rescue of AIG Inc. with a nearly $200-billion bailout to save the United States and global economies from utter ruin?

And now it's OK that $165 million in bonuses were paid to about 400 AIG employees -- including many of the same goofballs who cooked up garbage derivatives that sent AIG begging to the government? And those same toxins helped toss nearly every 401(k) into an acid bath in the process?

Good times or bad, it is generally true that the right three letters can guarantee that you'll get paid way more than most people deserve in this country. Say like, CEO, NBA, and NFL. It's easy any day to have a little paycheck envy when you hear about a seven- or eight-figure payout.

But let's make this clear. We're not living with everyday outrage here during this 15-month-long and no-end-in-sight recession.

No one at AIG deserves any bonus. Not a dime. There is nothing to debate.

Every day, we're talking about workers being forced to take 5% or 10% pay cuts in many industries. Every day, we're hearing parents tell their kids, sorry, we cannot afford to let you play in the band this year or go to camp because well, mom isn't working any more.

http://www.freep.com/article/20090319/COL07/903190430


This is a good one.
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Hello_Kitty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 04:22 PM
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1. K and R. Those bonuses are a slap in the face to the people of Detriot.
Well, everywhere, but especially there.
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Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 05:32 PM
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2. Fannie Mae and Freddie Mac are planning on giving bonuses soon

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5288750&mesg_id=5288750

And congress gave themselves a pay raise of over $4,000 at the end of December (but, ooh! they're gonna hold off on the one for 2010)

And federal judges got their pay raise attached to the auto bail out bill (Mr Reid stuck that on before they went home for the December holiday break)

Our grandchildren will be paying on this, and probably saying that their grandchildren will as well.
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-19-09 08:40 PM
Response to Reply #2
3. The Rethugs in Congress will pay for this in 2010.
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