5 Lessons From the AIG and Merrill Bonuses

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It's too late to get it back this time.

I don't think so. There is no good reason we all need to calm down; we need to continue to be irate and force the politicians and executives to think of the taxpayers. I think we can all agree that we have a bunch of useless, elected officials and appointees. They are all bowing to the huge financial PAC's that pay their election costs and provide the post-public office jobs. That still doesn't justify letting their mistakes allow the financial executives with no principles to continue to get away with their elitist antics. The idea that these were previous contracts that had to be honored has been poo-pooed by the idea of taxing the hell out of them; there's always a way to recover. The whining by the companies about this uproar is just more of their antics. And the idea that they need to retain the individuals that caused the problems is ludicrous; the company was irresponsible, let them lose out to the competition and if they do, we have lost something that didn't provide any value-add anyway. Companies who are worried about micro-management in the future of dealing with the government, must have something to hide anyway, as the ones who have taken us down.

Deano of AZ @ Mar 21, 2009 12:01:06 PM

How to stimulate the economy

Instead of giving all these banks,insurance companies,and car manufacturers this bailout money,why not give every American $60,000 just like a stimulus was attempted last year.I don't know about you,but me and my wife would not have a credit card bill,a mortgage payment,college tuition bills,and because the banks would be the beneficiary of this bailout,they would still get the money that they claim they need. Now how would that not stimulate the economy??????

Dennis of AL @ Mar 20, 2009 20:15:29 PM