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HelicopterOff Topics News & Politics › AIG paying millions in bonuses despite bailout
03-16-2009 05:25 PM  8 years agoPost 21
minan

rrNovice

Janesville Wi. USA

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I am fine with AIG paying bonuses to undeserving executives as long as their bonuses are taxed at 100%! That way the public will get its money returned.

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03-16-2009 06:54 PM  8 years agoPost 22
Dennis (RIP)

rrApprentice

Oregon

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Doesn't Obama want to spread the wealth?

I guess he just wants the government to spread the wealth. Not anyone else.

"The government is not the solution. Government is the problem"

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03-16-2009 09:49 PM  8 years agoPost 23
BigguyOz

rrKey Veteran

Forster, New South​Wales, Australia

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1stplace said
So, we're trading a short term catastrophe for a long term one? That makes no sense whatsoever, and that is the end result of spending and printing money that we don't have.
The point being that the "short term catastrophe" would have much bigger long-term consequences. Have you studied the long-term impact the great depression had on the world?

Tony Stott

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03-16-2009 10:21 PM  8 years agoPost 24
Dennis (RIP)

rrApprentice

Oregon

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I am fine with AIG paying bonuses to undeserving executives as long as their bonuses are taxed at 100%! That way the public will get its money returned.
I would go for that as long as you tax the UAW workers for the exotic benefits they have been getting for years at 100% rates as well.

Liberty once lost, is lost forever.

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03-16-2009 10:23 PM  8 years agoPost 25
philip 01

rrElite Veteran

ft worth

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what exotic benefits do uaw members get?

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03-16-2009 10:26 PM  8 years agoPost 26
Dennis (RIP)

rrApprentice

Oregon

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what exotic benefits do uaw members get?
Their average costs to the big3 is about $75.00 per hour. They don't take home that. But, thats what their benefit packages add up to.

Liberty once lost, is lost forever.

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03-16-2009 10:29 PM  8 years agoPost 27
philip 01

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ft worth

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thats probably about right. been that way for years so it isn't very unusual.

when you said exotic i thought you were talking about something else.

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03-16-2009 10:30 PM  8 years agoPost 28
1stPlace

rrApprentice

Ohio USA

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Have you studied the long-term impact the great depression had on the world?
Yes, I have. What's your point?

Diejenigen, die nicht lernen aus den Fehlern der Vergangenheit bestimmt sind, zu wiederholen.

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03-16-2009 11:25 PM  8 years agoPost 29
Dennis (RIP)

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Oregon

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thats probably about right. been that way for years so it isn't very unusual.
Then whats to make that much different than paying AIG people bonuses?

They were both (AIG & the Big3) bailed out by the government.

Is it just because they are lefty unions?

Yup. I think so.

Liberty once lost, is lost forever.

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03-17-2009 04:11 AM  8 years agoPost 30
baby uh1

rrVeteran

St. James, Mo.

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Has anyone heard about AIG giving 93 billion of the bailout to Goldman Sachs and some foreign banks? I heard Rush say something about it today but I had a short lunch break and couldn't listen to all of it.

Anything is possible if you don't know what you are talking about!

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03-17-2009 04:17 AM  8 years agoPost 31
Dennis (RIP)

rrApprentice

Oregon

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Yup. Not sure it was that much. But close. The story is true.

Liberty once lost, is lost forever.

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03-17-2009 04:22 AM  8 years agoPost 32
baby uh1

rrVeteran

St. James, Mo.

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So did they owe the money or is this some more subterfuge?

Anything is possible if you don't know what you are talking about!

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03-17-2009 04:29 AM  8 years agoPost 33
Dennis (RIP)

rrApprentice

Oregon

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Apparently, it was insurance settlements they were obligated to pay.

Liberty once lost, is lost forever.

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03-17-2009 07:39 AM  8 years agoPost 34
GimbalFan (RIP)

rrProfessor

Big Coppitt Key, FL

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AIG -- aka Adventures In Greed.

© NBC/Jay Leno
I just don't see that this is AIG's fault.
This is because you are blind.

op-thwop-thwop-thwop-thwop-thwop-thwop-thwop-thwop-thwop-thwop-thwop-thwop-t

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03-17-2009 12:36 PM  8 years agoPost 35
minan

rrNovice

Janesville Wi. USA

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A republican senator I can agree with...

"Sen. Charles E. Grassley (R-Iowa) suggested in a radio interview that AIG executives ought to follow the Japanese model . . . resign, or go commit suicide."

More than 80 House Democrats signed a letter demanding that the money used to pay the bonuses be recouped from AIG. New York Attorney General Andrew M. Cuomo announced that he will subpoena the Manhattan-based company, seeking data documenting who received the bonuses and the justification for them.

"You could argue that if taxpayers hadn't bailed out AIG, the contracts wouldn't be worth the paper they were signed on," Cuomo said.

http://www.msnbc.msn.com/id/29731643/

I hope that they government can recoup the money it gave AIG.

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03-17-2009 12:59 PM  8 years agoPost 36
baby uh1

rrVeteran

St. James, Mo.

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Well they have given then hundreds of billions so reclaiming the $170 milliion is a drop in the bucket.
But it keeps the peoples minds off of the real problems.Slick!

Anything is possible if you don't know what you are talking about!

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03-17-2009 01:30 PM  8 years agoPost 37
1stPlace

rrApprentice

Ohio USA

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"You could argue that if taxpayers hadn't bailed out AIG, the contracts wouldn't be worth the paper they were signed on," Cuomo said.
Who bailed them out??? It was NOT the taxpayers. It was the government. They just used OUR money. Schmucks!

Diejenigen, die nicht lernen aus den Fehlern der Vergangenheit bestimmt sind, zu wiederholen.

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03-17-2009 01:34 PM  8 years agoPost 38
SSN Pru

rrElite Veteran

Taxachusetts

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1stplace,

I think a reasonable a logicaly argument could be made that the taxpayer bailed out AIG even if you don't agree with it.

Stupidity can be cured. Ignorance is for life!

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03-17-2009 04:30 PM  8 years agoPost 39
ginnz

rrApprentice

MB,Canada

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what a freaken scam..... but what do you expect. if you fill the trough, the pigs WILL feed.

they need to let the trough dry up.

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03-17-2009 04:31 PM  8 years agoPost 40
Dennis (RIP)

rrApprentice

Oregon

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Well they have given then hundreds of billions so reclaiming the $170 milliion is a drop in the bucket.
But it keeps the peoples minds off of the real problems.Slick!
Yeah, the real problem is the government.

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HelicopterOff Topics News & Politics › AIG paying millions in bonuses despite bailout
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