Sunday, March 15, 2009

AIG Bailout: A round of Bonuses……again

Robert Reich once again nails it on the head.  Where is our government?  Why is it the rich are still entitled to get richer, but when we talk about bailing out the common person--who was taken advantage of by the people being enriched—everyday people are called lazy and stupid?  This is not right—and I am extremely disappointed.

But if our very own Secretary of the Treasury doesn't even learn of the bonuses until months after AIG has decided to pay them, and cannot make stick his decision that they should not be paid, AIG is not even accountable to the government. That means AIG's executives -- using $170 billion of our money, so far -- are accountable to no one.

Robert Reich's Blog