Ok, so lets talk politics for a minute.
AIG bailout money... So AIG paid its former and current execs TONS of money as bonuses after receiving money from the recent government bailout. The government/media continues to use our emotions (based on our reactions and feelings of the recession) to envoke agreement with their currently headlines that AIG is in the wrong for paying these bonuses. Since when do we allow the government the ability to tell a company how it should be run and how it should use it's money? Granted, the bailout money was from the government and AIG and other companies asked for the $$ and help. But really... We really want to support a government that overlooks the line items of the original bailout - because we know most of them didn't read it, and neither did the president --that explained that the money was to be used for bonuses for AIG and other companies.
How about this... Have we really granted the government the power to CREATE A BILL to TAX a company so that it must pay back 90% of the $$ that the government gave in the bailout? REALLY?? What would stop the government from writing a bill to take 90% of my income... just because it wanted it "back"???
I understand from a countryman's point of view that the recession is rough and why would a company that is ready to go under, pay 165 execs bonuses, some worth over $1million dollars. However, have you looked at it from the companies point of view... The fact that most, if not all of those execs signed a contract at the beginning of the year, saying that they would be given and accept that bonus. Many of which could turn around and sue the company if they just up and decided NOT to pay the bonuses. Also, have we thought about it from the governments point of view... WHY is the government so hell-bent on exposing AIG's doling out of bonuses, rather than focusing on the cause of this problem... the fact that THEY signed to give this money too them!!
Ok, so I suppose the rant is over. Those are just my thoughts on the subject.
I think that writing a bill is wrong to get the $ back, and I think that its wrong for the government to ask for it back. What will stop them from doing this any other time, in any other circumstance?? Really?? A bit scary if you ask me!!
Appeal, For Love’s Sake
7 years ago
1 comment:
I am so MAD at the liberal government that I could throw up. STAY OUT of the public sector, let the markets run there course, everything the govr'n touches is messed up. Oh and if you are going to pass leg....READ IT!
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