Recently, the bonuses at AIG are in the news. I waited a few days before I wrote this hoping that my anger would subside. So far I have not seen any point of view from AIG. I have only heard from so many politicians and news makers voicing their outrage (Democrats and Republicans.)
I find it interesting that these ( AIG) people, without the aid of the government, would have run the finances of the world off the cliff. I am also surprised that 1. these people still have jobs. 2. That they would still be drawing pay let alone bonuses.
Maybe it's time for the government to look at prohibiting institutions like this from getting so big that they are too big to fail. As it is now, they hold this country hostage.
All this is happening when men and women stand in harm's way for our country. All this when people are now forced to live in tents and jobs are so hard to find.
Worse yet, I think this is only the tip of the iceberg. I think that there is a lot happening in other big corporations that would scare me.
Tuesday, March 17, 2009
Thursday, March 12, 2009
Madoff
I can not imagine what it is like to have a lifetime of savings stolen in this way. It's sad for me to see so many people, and institutions, some non-profit, to lose so much. It's also sad for me to hear that people were trying to tell the SEC about this years ago! Sometimes I think this government has gotten too big to function. Imagine the frustration of those trying to report this crime and being ignored!
Madoff will go to jail for the rest of his life. His needs now will be paid for by the state. And what of those left behind?
Madoff will go to jail for the rest of his life. His needs now will be paid for by the state. And what of those left behind?
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