This is exactly the kind of thing that is putting me and millions of other Americans off capitalism, the greed, the lump sum bonuses when the rest of main street American is passing through hard times.
I recently wrote an article on Cobra insurance which American workers make use of when they get laid off from their jobs and the popularity and questions raised by users in the comments section was heart rending.
And now we hear that AIG is planning millions of corporate bonuses for its executives after it recieved tax payers money (I won’t use the term Government Money) to stave off bankruptcy etc.
American Corporate Greed has come to the fore so much that these crude capitalists pigs don’t know when enough is enough. When the whole of America is hurting so bad and we are witnessing people not able to meet their mortgage payments, medical insurance for their families etc., its morbid that these leeches are still clinging to their tax payer funded bonuses.
When the CEO of AIG was asked about these bonuses, he responded by saying the executives are promised bonuses according to their contracts.
Don’t get me wrong. I like capitalists like Warren Buffet who still gets 100,000 dollar salary and lives in the same home he has lived for the last 30 years.
But these AIG leeches are in a different league all together.