Tuesday, March 17, 2009

AIG Lynched

AIG received over $170 billion in taxpayer money in the recent bailout from the government. The company is also 80 percent owned by the government, and AIG had the audacity to try and pay employees bonuses totaling $165 million. First off, I don’t think any employee of any company deserves a bonus for poor performance. Secondly, how dare AIG try to use tax payer money to reward these bums, especially in the conditions of our economy today. The Daily show on Comedy Central as well as NY Times has covered this issue recently and both share the same opinion as I do. The same department responsible for the almost failure of the company would be receiving an undeserving bonus; well the government plans to stop that from happening one way or another. The senate met and demanded that the bonuses be returned or a new tax plan would be put in effect to get the money back. Now my only concern with that plan is if the money is stopped from being handed out in bonuses, wont other taxpayers have to pay new taxes to get that money back? I don’t know about you but im tired of taxes being raises to cover companies’ wrong doings.


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