Sunday, March 15, 2009

Outrage...

Everyone is quite upset that AIG just received its third infusion of taxpayer dollars in the sum of $160,000,000,000 and gave out bonuses of $165,000,000 (part of a $450,000,000 bonus allotment).
I know, you are thinking, "what's the big deal...it's only a little over .1% (one tenth of a percent) of the money given to them". The big deal is this; which of you reading this has $165 million to give away ? If you do, give me my share.
When Ben Bernanke, Chairman of the Federal Reserve Bank was interviewed and asked about AIG, he said that he was outraged.
When an AIG spokesman was asked about these bonuses paid out of taxpayer money, he said that the bonuses were contractual and AIG was afraid of lawsuits if it didn't give these bonuses.
All that had to be done before any money was given to any company, was that President Obama issue a Presidential Order stating that all lawsuits regarding bonuses to be frivolous and not to be heard in any court. This would mean that those that wished to sue would have to sue the President of the United States and need permission to do so. Of course, no permission would be granted.
I only use AIG to make my point, but this is happening in the banking industry, the farming industry, the automotive industry, the manufacturing industry, etc. There are thousands of companies receiving your tax dollars and putting in their pockets while laughing at the "stupid" wage earners.
When are you going to become outraged enough about how your money....yes, it's your money; is being thrown away? When are you going to get off your ass and start complaining to your Representatives that if they continue, they will be voted out of office ?
The Federal Reserve of course has the solution to giving out all this money; just keep printing more. That means that a quart of milk could cost as much as $10,000 and a loaf of bread would be a bargain at $9,000.
Your Congress and manipulated President are destroying this country as you sit by ignoring the fact that your lifestyle is disappearing and your children will never have the opportunities that you've had. The solution for Washington when this happens, is to nationalize all businesses and take over the entire economy. That will be the end of that great experiment called Democracy and the United States of America.

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