Blame Your Government For AIG Bonuses

I know everyone likes to think that the big evil corporate monsters at AIG are to blame for this $165 million in bonus payouts. And, certainly, the executives at AIG a year ago were responsible for these decisions. Contracts were made that guaranteed certain valuable employees incentives for sticking around, during a time where they all knew the ship was sinking. The governement and the media wants you to think this was corporate greed gone wild, the government and the media thinks you are a sheep, and will follow them down whatever road they tell you to. Don't blame AIG, blame your governement!

I'll keep this relatively short and sweet, cause I know most people don't like to read, they just like hearing soundbites on CNN, so here's what you need to know:

• The government took AIG over more than half a year ago. When you take over a company, you do something called dilligence, which includes reading contracts. Instead of reading contracts, politicians have almost daily press conferences where they tear into corporate executives on national television, in hopes of keeping constiuents happy. They had six months to read these contracts, and they've failed. So now they continue to grandstand in hopes of allaying the blame. Don't be fooled by their rhetoric.

• AIG guaranteed these bonuses as a chance to survive an extra year. Without these people, they'd have lost experts in the field of very complicated derivatives, and sales people with long-term client relationships that would have been dissolved. It is likely that this $165 MM (only 0.1% of total taxpayer investment) has saved AIG and the taxpayers TRILLIONS OF DOLLARS in losses they could have seen after wiping out their good talent.
  

• The government's threats (Chuck Schumer, you thieving douchebag) of taxing all of the bonuses at 100% is STEALING. This is the equivolent of the owner of your company taking back 100% of your salary which they were contractually obligated to pay. Don't let these corrupt bastards steal from your fellow citizens. The government could have easily prevented this through dilligence, which they failed to do… why?...

Because democracy has resulted in a bunch of corrupt, greedy, incompetant politicians pandering to the needs of constituents in hopes of more years of power, money, and dillusions of grandeaur. Our governement doesn't get the simplest of concepts - Due Dilligence, Investment In Competent People, DO NOT STEAL!!! How on earth do people continue to cast blame on the corporations… cause remember, it was the government officials who took bribes and removed necessary regulations. Isn't that worse than greedy CDSs?

I'll leave you on this note - Here's the list of top AIG recipients for the 2008 campaign:

1. Sen. Chris Dodd (Senate Banking Finance Chairman), D-Conn., $103,100 

2. Sen. Barack Obama (President), D-Ill., $101,332 

3. Sen. John McCain, R-Ariz., $59,499 

4. Sen. Hillary Clinton, D-N.Y., $35,965 

Dancing With The Stars is a Democracy, what we're seeing is fat pigs playing poker on the farm.