crossthatbridge

Tuesday, March 17, 2009

What's in a contract?

Arrrgggghhh! It's not often I blow my top on my blog. I like to keep it simple and sweet, focused on travel and production but my emotions are getting the best of me today.

You know what I'm taking about - $165 million in tax payer money being paid out in bonuses pledged to executives of bailed-out insurer AIG. AIG Chairman Edward Liddy explains it's contractual and ensures quality employees.

What the hell is Liddy smoking?

Our declaration of freedoms were shredded to bits by the government after 9/11 and the war but a working contract at AIG is impenetrable? How is it that we can blow up an entire country, kill thousands and not stop corporate thieves in our own backyard? This is preposterous!

As for quality of employees, these arrogant, evil bastards tanked the company, how great can they be? Employees at McDonalds are fired routinely for not flipping burgers correctly and I get nervous when I'm 5 minutes late for an assignment.

Let this latest government insanity ignite the ire of millions using pitchfork protesting and the power of the pen. If you can't get to 70 Pine street in NYC where AIG headquarters is email your fury to: boardofdirectors@aig.com

Special Counsel and Secretary to the Board
American International Group, Inc.
70 Pine Street, 27th Floor
New York, NY 10270

Arrrgggghhh!

1 Comments:

At 11:55 PM, Blogger Unknown said...

To quote F.Scott Fitzgerald in 'The Great Gatsby':

"a sense of the fundamental decencies is parceled out unequally at birth"

and these AIG thieves and charlatans apparently received not a scintilla of it.

They knew they were stealing when they set up these 'financial instruments' and they know they're stealing from taxpayers when they take these bonuses but, clearly, care not a whit about it as long as they don't have to spend any time in jail, which is where they belong.

It has been criminal behavior from start to finish but what's even more astounding is that the self-proclaimed head of the Republican Party (Rush the Raver) seems to think they've deserved these ill-gotten gains for leading millions of people astray.

I have to wonder what he's smoking besides his cigars as well as whatever Liddy's been inhaling.

I'm all for the 100% tax of these bonuses which has been suggested by multiple legislators.

 

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