Friday, March 20, 2009

Since I've Been Gone .. .The Outrage

What an "OUTRAGEOUS" week. The outrageous remark is in quotes because it seems for a few days this week that was all I heard about the bonuses given to AIG executives. Seriously, couldn't some folks come up with other words in the dictionary.

The Daily Show With Jon StewartM - Th 11p / 10c
The Notorious AIG
Daily Show Full EpisodesImportant Things w/ Demetri MartinPolitical Humor

So why am I not filled with you say it, "OUTRAGE?" Well, for one, I've already written about it last year and this stuff going on with the TARP (Troubled Asset Relief Program) money is very complicated even for those folks showing their disdain in Congress but wrote the loophole to grant those bonuses. Yeah, that's the dirty little secret.

This is what I say to give my two cents to AIG and CitiGroup (CEO who spent $10 Million to redecorate his office): Let me hip you to a biblical verse - "Shun (flee) the appearance of evil." It never said you should flee evil because by the time you noticed something is evil, it might be too late.

So when something doesn't look good AIG and CitiGroup executives, here's a thought "DON'T DO IT." Don't give bonuses to folks when your company is in the tank and oh, ESPECIALLY WHEN THEY DON'T WORK THERE ANYMORE. Give the bonuses when they've actually done some good, like oh TURN THE COMPANY AROUND TO BE IN BLACK. And if you say they those folks might sue you. SO WHAT! Let them try when Americans emotions are very raw.

And to CitiGroup CEO - WHY? What was wrong with the office you had. It doesn't look good even though you just spent millions to spruce up your corner office.

Tags: Bailout, AIG, CitiGroup