AIG, the credit giant, has recently paid out about $700 million in bonuses after receiving well over $50 BILLION from the US Governement, and moreso from the US taxpayer. Please read on and hear more about this outrageous story.

AIG, the credit giant of the world, has really had things go very sour for them in last year or so.  When it looked liek they were close to going bankrupt, the US Government made the decision to let Lehman Brothers kick the bucket, and the bail out AIG thinking that that would be the best thing for mainstreet, or the middleclass of America.  In this bailout deal, AIG received over $50 BILLION in US taxpayer money, and put it to work.  In return for this money, AIG would have to pay the US Treasury back with 15% interest, and follow some preset rules and regulations as well.  This was on of the bailouts that ever the conservative republicans couln’t disagree with.  It was 100% necisary to bail this company out, even thought the ethics of it may not be right.  If AIG had been allowed to fail, then the largest lender in all of the world would be completely dimished, and the shit would have really hit the fan from there.  We would be in a much deeper hole if AIG wasn’t still around.  But AIG needs to LEND MORE as that was part of the deal in them getting all of that bailout money.  That is what they were supposed to do with it, lend it out to Americans that needed loans so they could spend money.  With the credit freeze going on, people haven’t ben able to spend money,a nd are in severe debt, making the economy suffer tremendously.

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What is obserd and completely unethical is the fact that AIG has gone against everything that they agreed to do when they paid out about $700 million in bonus money…  They paid top executives, WHO HAVE PUT THE COMPANY AND THE US ECONOMY IN THE SHIT, up to almost $100 million in bonus money, money that is coming FROM THE US TAXPAYER.  It is absolutely rediculous and ever one of those scumbags should not only be unemployed and fired from their jobs, but sent to Guantonomo Bay alone with the other scumbag in the news today Bernard Madoff.  The US Governemt said that if this bonus money wasn’t promptly paid back, that they would tax the money to almost 100% and punish/regulate the company even more.  Hopefully this will work.  Being a hardcore Republican myself, I am embarassed that all of this has happened, as it mostly is the Republicans who have got us into this mess.  But lets be honest, all these rediculous bailouts are the work of BARRACK OBAMA and the Democrats.  It make me want to vomit every tike I hear that Obama, the House, nad the Senate pass another stupid bailout bill.  You do not heal the economy be over taxing the middle class, and that is exactly what all of the bailouts are doing.  So please, end the misery, and let a couple of companies fail, that is how capitalism is supposed to work.

MAY FREE MARKET CAPITOLISM ALWAYS PROVAIL!