Saturday, March 14, 2009
There has to be a special place in Hell
After posting earlier my blog about how the recession was effecting my life on just the little things I was shocked to get the following news alert from the New York Times:
A.I.G. to Pay $100 Million in After Huge Bailout
Despite being bailed out with more than $170 billion from the Treasury and Federal Reserve, the American International Group is preparing to pay about $100 million in bonuses to executives in the same business unit that brought the company to the brink of collapse last year.
We, the citizens of the United States, gave these leaders in our economic destruction $170 billion of our hard earned tax dollars (when we still had money to be earned). And they are giving $100 million in bonuses to them? We are living on the bare minimum and thousands are in tent cities and foreclosure and they have the gull to accept huge sums of money?
I am reminded of the French Revolution and I say as they said: Off with their heads!