03-20-2009, 10:44 AM
|
#6 |
Join Date: Nov 2007 Location: boonies Thanks: 317
Thanked 355 Times in 256 Posts
| Re: AIG Must Pay Back Bonus Money
Quote:
Originally Posted by Eiger » I agree with you about the bailouts ...
Re: disgusting: Think about the the poor schmuck who lost his job in December after 15-20 years with the company and now has a hard time making ends meet. He looks at AIG and thinks, Gee, these guys helped create this recession that cost me my job and may even cost me my house, my taxes have helped bail their cookies out of insolvency, and then they get big bonuses! In this guy's mind, disgusting is probably too mild a term.
And then there are many others who are still working but are really scared they will be losing their jobs next. They see themselves trying to do the right things, believe they've worked hard, and never thought about getting rich, just make a living. But now they are living in fear that the axe will fall on them and they really don't know what to do. They have no clue. Then they look at AIG and see people getting major rewards for doing the wrong things. The smarter ones see AIG not only as getting caught up in greed and doing the wrong things, but refusing to acknowledge that experience and continuing to be greedy by taking bonuses when undeserved. Fool me once, shame on me; fool me twice ...
People are very pissed off. | Yes I can sympathize with these emotional reactions - but codde ignorance and stupidity ? No Way! John Q. Lostjob and Joan E. Maylosejob are outraged that these ‘bonusees’ expect to get the agreed upon pay for putting together deals. BUT, somehow, they are not outraged that the govt is increasing John and Joan own personal debt in increments of freakin $100,000 at a time and that members of Congress’ real motivation for forcing these liabilities on to John and Joan is to keep their seats/ own jobs /power... talk about major rewards for doing the wrong things! And John and Joan are not just getting fooled once. They are getting fooled again and again... and we're supposed to be 'understanding' ?! Fwiw, a large % of these John's and Joan's work(ed) in financial services and sales and would not be voluntarily giving their agreed upon 'bonuses' back if the shoe were on the other foot... they would not feel doing the jobs they were hired to do was doing the wrong thing.
btw - The ‘bonues’ were forbidden in the original bill…After all the ‘blame game’ attacks on the republicrats, it now turns out obama (’s crew) called dodd and said put it back in to allow the bonuses... This culture is going insane. When I read comments like “… “Maybe, just maybe we have a President who really wants to do some good” it hits me just how lalaLand things are getting. The peeps will have to learn the hard way, narcissists never actually want to do some good. |
| |
This has been going on since forever, and is unlikely to change. I think, though, it may be wider than just the bonuses at AIG -- that's the current scapegoat. When you get a chance, take a look at the clips from 'Stewart vs. Cramer.' There are three parts (link to the first only, but you'll see the other two parts on the site). It's maybe 15-minutes in total. I sense the potential for a much wider outcry. Within that discontent, people are looking for a place to lay the blame. And it most certainly won't be on themselves.
Linear Mode
