How Well Is President Obama Handling the AIG Bonus Outrage?
Today's Political Bulletin reports: "Media reports are describing a widespread populist reaction to the AIG bonus story, with the President moving to reassure the public that the government shares its outrage." Obama announced yesterday that his Administration will attempt to recover the $165 million in "taxpayer funds which, as ABC World News put it, were used to pay 'bonuses to executives of the very division that virtually destroyed the company.'" How well is President Obama handling the outrage over AIG's bonuses?
Post your thoughts.
Previously: Are We At War With the Economy?
Reader Comments
Bailout to the people
From what I understand, if the bailout money went to every household in the country. Everyone would have close to 500,000 dollars. What would everyone do with that?? You think maybe it would be pumped back into the economy then? I think AIG's bailout money should be revoked.
Re AIG
My View is that the president is giving our taxpayers hard earned money to big corporations who are not worthy of these gifts and who should have done the right thing when they could.....but they did not....they deserve to go broke because they gave credit to people without proper assets and because the loaning companies failed to explain the real terms of the mortgage....in plain talk....deceptive advertising and promotion.... In my youth I had to wear a white shirt every working day......to day I will wear a white shirt at a wedding or a funeral.....cordially.....
AIG
If AIG now belongs to us 'WE THE PEOPLE' than I want to sell my share!!! IT's My Money and I want it NOW!!!!
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