Tag Archives: AIG

The Obamanation Goes Gaga Over .09%

The news that AIG is planning to shell out $165 Million in “bonuses” is driving both sides of the isle in to a feeding frenzy.  The Prez is demanding the bonuses be stopped by any means necessary.  Republicans and Democrats both are threating legal (and even bodily harm) to the AIG employees who refuse to give up the extra cash.  But I just have one question – “what’s the big friggen deal?”

Take a look at the numbers – $165 Million.  Yes that’s a big number, but its less than one tenth of one percent (.09%) of the overall bailout loan us taxpayers invested ($173 Billion).   Given The Prez’s penchant for spending money, and Congress’ exuberence for earmarks, which total a heck of a lot more than the “meare pittance” given AIG – shouldn’t the American taxpayer be more upset with the government?

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Filed under Business, common sense, Economy, Government, Spending money