Floored

AIG .. seriously... W. T. F. For those of you not familiar with the term and don't have the imagination to figure it out, it stands for WHAT THE FUCK. AIG executives just got some big bonuses. BONUSES. A company that is requiring huge amounts of our taxpayer money to just keep afloat and has financially ruined many people who had their life savings tied up in AIG, gave their executives BONUSES. See these excerpts from news stories:

Fresh details, meanwhile, pushed AIG outrage ever higher: New York Attorney General Andrew Cuomo reported that 73 separate company employees received bonus checks of $1 million or more last Friday. This at a company that was failing so spectacularly the government felt the need to prop it up with a $170 billion bailout.

Cuomo said AIG last week paid bonuses of $1 million or more to 73 employees, including 11 who no longer work there.


So the people that were responsible for adding language to the bill are now saying that they had to do it for fear the government was going to get lawsuits over not paying the bonuses. How about you pull your head out of your ass already? If AIG sues the government then pull their bailout package. Its that simple. I, as a taxpayer, am outraged that my money tax dollars are going to bailout a company that is making one bad decision after another, has run the company into the ground, and now continues to make horrible decisions.

1 million dollars. Think about that for a minute. I know its hard not to get desensitized to multi-million dollar salaries and bonuses and sports contracts and actors fees for movies, but really think about it. Lets say the average Joe and his wife each earn 35K per year. 70K per year before taxes for the couple. It would take them over 14 years to earn 1 million dollars. Thats two people, 14 years each. So 28 years worth of labor for them to earn that same 1 million that was just handed to AIG "execs" that have destroyed the company. They ran AIG so poorly that they needed 170 BILLION to get out of the mess they were in and that may not even be enough.

They don't deserve bonuses. They deserve to be put on a game show. We'll call it Quarters. What we do is we take that 73 million in bonuses .. and put all that money into quarters. The show then travels around the country with those execs in cage cars like an old circus train. Whenever it stops and sets up camp, taxpayers are allowed to come and use various devices to fling quarters at high velocity at the exec of their choice. Put helmets on them of course so they don't die, but imagine the satisfaction as your quarter slams into their helmet and causes their head to ring!

After a year or so of this, I would imagine they would be like a heavyweight boxer that was pummeled in the head and neck area too much. Which is the level of intelligence they have been using to make decisions all along, so its fitting.